According to Golf Datatech, golf rounds played in the U.S. during June were down 2.8 percent compared to June 2013. The biggest regional decline came in South Central, down 8.0 percent…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699

Ruger Sees Firearms Weakening Further in Q2
With delays in planned launches and further eroding market conditions for firearms, Sturm, Ruger & Company, Inc. reported second-quarter revenues fell 13.4 percent to $153.7 million. Estimated sell-through of Ruger products from independent distributors t
Reebok New York City FitHub Opens in Union Square
Reebok is extending its retail foothold in New York with a new 3,070 square foot FitHub in Union Square…
Puma Q2 Profit Falls Less Than Anticipated
Puma reported earnings declined sharply in the second quarter, but earnings were slightly better than analyst's forecasts Sales dipped 0.6 percent on a currency-neutral basis as a 7.1 percent decline in footwear was only partly offset by a 3 percent
Academy Sports to Enter Orlando, FL
Academy Sports + Outdoors will open four stores in the Orlando, FL area in 2015. The four stores will be located in Kissimmee, Lake Mary, Waterford Lakes and Melbourne. In addition, Academy has formed a multi-year partnership with the Univ. of Central Flo
Iconix Sees Modest Q2 Sales Increase
Iconix Brand Group reported second quarter sales reached $118.9 million, a 3 percent increase as compared to approximately $115.1 million in the second quarter…
Moody’s Upgrades Wolverine World Wide’s Debt Ratings
Moody's Investors Service upgraded Wolverine World Wide, Inc.'s corporate family rating to Ba2 from Ba3…
Aerosoles Hires Advertising Agency
New York advertising agency DeVito/Verdi has been awarded the advertising duties for Aerosoles…
Dr. Martens to Sponsor Drowners Tour
Dr. Martens AirWair USA announced its first U.S. #STANDFORSOMETHING tour headlined by NYC indie rock band Drowners…
Saucony Promotes Todd Dalhausser to SVP of North American Sales
Saucony announced the promotion of industry veteran Todd Dalhausser to the position of senior vice president of North American sales…
Crocs Appoints VP of Retail for North America
Crocs, Inc. appointed Claire Fahie-Conley, former vice president of U.S. retail for Reebok, as its vice president of retail for North America…
Jim Baugh Selected to Tennis Industry Hall of Fame
PHIT America announced its Founder and CEO Jim Baugh will become the ninth inductee into the Tennis Industry Hall of Fame. He was formerly president of Wilson Sporting Goods…
NCAA Reaches Settlement Agreement in Concussion Lawsuit
The NCAA has reached a settlement with former athletes that will establish a new protocol for the management of concussions and also provide $75 million for medical monitoring and research…
Americas a Bright Spot for Puma Q2
Puma said sales of World Cup soccer boots and national team shirts as well as new Arsenal jerseys beat its internal targets. Other positive developments included a mid-single digit gain in the Americas region and a double-digit gain in apparel globally. O

Active Brands Outpace Iconix’s Q2 Revenue Gains
Led by Umbro, Starter, and Danskin, Iconix Brand Group said its active brands are a “fast growing part of our company” and are expected to represent over 20 percent of its business this year. Said Seth Horowitz, Iconix’s COO, on a confe