Adidas’ ramped-up investments in the U.S. are already starting to pay off. Combined sales of the Adidas and Reebok brands in the North America region rose 6.7 percent on a currency-neutral basis in the first quarter, representing a turnaround from a
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Mizuno’s Q4 Profits Slip
Mizuno Corp. saw a slight decline in earnings in its fiscal fourth quarter ended Mar. 31, with slight revenue declines seen in the Americas…
Fitbit Files To Go Public
Fitbit, the fitness tracker leader, filed for an initial public offering to raise up to $100 million, and surprised some by showing that it’s been profitable for several quarters. The eight-year-old company, based in San Francisco, will be the first
Crocs Q1 Shows Continued Stabalization
Crocs Inc. reported sales slumped 16.1 percent in the first quarter, to $262.2 million. On a currency-neutral basis, revenue decreased 8 percent. The company showed a loss of $6.0 million, or 8 cents a share, against a profit of $6.4 million, or 6 cents,
Nike to Boost U.S. Production If Trade Measures Approved
In what took many labor advocates by surprise, Nike Inc. put out a statement on Friday saying it intended to accelerate investment in “advanced footwear manufacturing” in the U.S., if a Trans-Pacific Partnership (TPP) is passed and finalized..
Glukos Signs Tobin Heath as Brand Ambassador
The Glukos Company Inc., a natural performance energy foods brand officially launching in May, announced the signing of United States Midfielder Tobin Heath. Heath, a two-time Olympic gold medalist, three-time NCAA champion, World Cup silver medalist…
Adventure Racing, MMA and Triathlons Among Fastest Growing Sports
Adventure racing, MMA for competition, off-road triathlons, lacrosse and rugby were among the fastest growing sports over the last two years, according to the Physical Activity Council's 2015 Sports, Fitness, and Leisure Activities Topline Participat
Gibson Athletic/Rage Fitness Appoints Doug Kelly as CEO
Gibson Athletic/Rage Fitness announced that the rapidly expanding fitness equipment company has tapped industry veteran Douglas Kelly to lead the organization as CEO. The company also owns Gibson Athletic…
Fitbit Files for Initial Public Offering
Fitbit, the fitness tracker, has filed for an initial public offering of up to a $100 million. The company will trade on the NYSE under the ticker FIT…
NASGW Creates New Leadership Development Council
The National Association of Sporting Goods Wholesalers (NASGW) has created a new Leadership Development Council (LDC) to help develop a deeper understanding of market conditions while simultaneously building stronger relationships with key association mem
Phoenix Footwear Shows Small Loss in Q1
Phoenix Footwear Group, Inc., the parent of Trotters and SoftWalk, reported first-quarter sales grew 16.7 percent to to $6.7 million from $5.7 million a year ago…
Boot Barn Opens Store in Oxnard, CA
Boot Barn Holdings, Inc. has relocated its Ventura store to a brand new, bigger and better location in Oxnard…
Nike to Open First Brooklyn Store
Nike will open its first Brooklyn store. The 20,000-square-foot space will open on 2236 Nostrand Avenue in Flatbush, according to reports. It will also represent the second Nike Community Store program on the East Coast with one opening in April in Washin
Chaco’s ‘Fit for Adventure’ Brand Experience Tour Hits the Road Again
The Chaco Fit for Adventure Tour kicks off its second run at the Dominion Riverrock festival in Richmond, VA, May 15-17…
Dick’s SG Partners Again on Youth-Sports Documentary
Dick's Sporting Goods and Tribeca Digital Studios announced that they are partnering to produce a second documentary together with three-time Emmy nominated director Judd Ehrlich (Magic Camp, Run for Your Life)…
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