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Aisle Talk, Week of July 25

July 29, 2016 SGB Executive

A quick hit of this week’s breaking news in the active lifestyle industry.

The Latest Point-of-Sale Technologies Meet Customers Anytime and Anywhere. By David Clucas Retail point-of-sale (POS) systems, which long ago made a big leap beyond the cash register, are again evolving to the next level. The latest technologies in the space not only track sales and inventory, but will also work hand-in-hand with retail marketing and merchandising […]

Brunswick Banks on Fitness with Another Acquisition

July 29, 2016 SGB Executive

Brunswick Corp. is doubling down on its fitness equipment segment, including Life Fitness, Cybex and Hammer Strength, as it reported another strong quarter of results from the category and announced an additional acquisition.

Brunswick Corp. to Acquire Indoor Cycling Group

July 28, 2016 SGB Update

Brunswick Corp. signed an agreement to acquire Indoor Cycling Group (ICG), which specializes in the design of indoor cycling equipment.

Poll: Tackle Football Considered Highly Inappropriate for Children

July 28, 2016 SGB Update

UMass Lowell issued a new poll July 28 showing that a significant majority of people do not believe tackle football is appropriate for children below high school age.

Cowboys Players Top Best Sellers in Football Licensed Apparel

July 28, 2016 SGB Update

The NFLPA, via its licensing and marketing arm NFL Players Inc., released an updated list of the Top 50 ranked football players based on overall licensed products sales. Four Dallas Cowboys were among the Top 5 Best-Sellers, with Dez Bryant taking the No.1 spot.

NikeLab Reignites Gyakusou Collaboration in Minimalist Run Capsule

July 28, 2016 SGB Update

NikeLab reignited its NikeLab Gyakusou collaboration with Japanese fashion designer and Founder of Undercover, Jun Takahashi in a new capsule of run-wear drawing inspiration from the 2016 Rio Olympics.

GNC CEO Resigns Amid Retailer’s Strategic Review; Guidance Pulled

July 28, 2016 SGB Executive

The sudden resignation of GNC Holdings Inc. CEO Michael Archbold threw much up in the air for the nutritional supplement chain.

Russell Athletic Campaign Prompts Teams to #SettleYourScore

July 28, 2016 SGB Update

Russell Athletic will highlight the untold stories of how teams are formed and foundations for success are established with a national marketing campaign “Team On,” and a #SettleYourScore content series.

GNC Replaces CEO After Poor Q2

July 28, 2016 SGB Update

GNC Holdings, Inc. replaced its CEO Mike Archbold with interim CEO Robert F. Moran, after disappointing second quarter results, with reported revenue decreasing 2.4 percent, or $673.2 million, as compared to the year prior.

Sole Code: How Michelin Secured its Name in Outdoor

July 28, 2016 SGB Today

Drawing from tire tread, Michelin and Northwave leak their new hybrid MTB footwear to SGB. By Jahla Seppanen Over the last two-and-a-half years, one of the three leading tire manufacturers in the world has stamped its name on the sole of outdoor footwear. Michelin, the 127-year old French-born company that took to making bicycle tires […]

GoPro Sales Sliced in Half, Swings to Q2 Loss as it Cleans Up Inventory

July 28, 2016 SGB Executive

The numbers were ugly, but Wall Street saw promise in a battered GoPro stock lifting it more than 10 percent July 28 after its second-quarter earnings results.

Gildan Activewear Q2 Sales Miss Mark, Lower Guidance

July 27, 2016 SGB Update

Gildan Activewear Inc. reported its fiscal second-quarter 2016 sales, ended July 3, that were slightly below company expectations due to headwinds from distributor inventory destocking in printwear, the exit of certain retail private label programs and unfavourable foreign exchange.

SFIA Buffs Leaders Summit with Cavaliers CEO and U.S. Secretary of Labor

July 27, 2016 SGB Update

The Sports & Fitness Industry Association (SFIA) added keynote speakers Len Komoroski, Cleveland Cavaliers and Quicken Loans Arena CEO, and Thomas E. Perez, United States Secretary of Labor for its 2016 Industry Leaders Summit.