SGB Executive Apparel
By The Numbers, Week Of September 19
The leading figures from this week’s news in the active lifestyle space.
At Nike, Phil Knight’s Successor Focuses On ‘Personalized Performance’
Phil Knight may have retired from Nike, but his successor Mark Parker said the brand will continue Knight’s “obsession with serving the athlete.”
More Americans Are Spending Less Time Outdoors
The latest annual figures show that more Americans are getting outdoors, albeit for for fewer total outings, underscoring broader challenges and opportunities in the active-lifestyle space.
U.S. Retailers Urge Government To Resolve Hanjin Fallout
A coalition of 120 organizations, including the National Retail Federation and Outdoor Industry Association, are expressing concerns over the uncertain fate of the products stranded at sea.
Why REI Is Rebooting Its Bike Business
SGB talks with REI’s director of in-house cycling product on the decision to nix its 30-year-old Novara brand in favor of Co-op Cycles, with a greater focus on the trail.
2016 SFIA Industry Leaders Summit Navigates Disruption
The sports and fitness industry must invest in youth, new manufacturing processes and a skilled labor force, leaders say.
Aisle Talk, Week of September 12
Top headlines from the active lifestyle industry you may have missed this week.
By The Numbers, Week Of September 12
The leading figures from this week’s news in the active lifestyle space.
Golfsmith Blames Bankruptcy In Part On Tiger Woods
The retailer struggled with larger store formats, the recession, a shift to online shopping and the descent from stardom of one of golf’s greatest players.
Golfsmith To Restructure In Bankruptcy Proceedings, Agrees To Sell Golf Town
The Chapter 11 reorganization is designed to support a sale of the Canadian-based business of Golf Town and a debt recapitalization of the U.S.-based business of Golfsmith.
Callaway And Taylormade Top Golfsmith’s Unsecured Creditors List
The list of the 30 top unsecured creditors in the Golfsmith International Holdings bankruptcy case was led by Callaway Golf, owed $5.5 million, followed by TaylorMade Golf at $5.1 million and Nike USA at $3.5 million.
Athleisure, Acquisitions Propel U.K.’s JD Sports Fashion
The British retailer reported same-store sales up 10 percent, which along with new locations propelled sales up 20 percent in its first half, ended July 30.
To Adapt, W.L. Gore Takes It Outside
For the first time in history, the makers of Gore-Tex have authorized an outside company to manufacture some of its laminated fabrics.
The $13.3 Billion Question
The European Union’s aggressive move to claw back tax breaks Ireland granted Apple Inc. raises questions for the U.S. sporting goods industry.
Zumiez Comps Show Some Stabilization
While issuing weak guidance for the third quarter, second-quarter results beat management’s internal expectations and comps have turned positive so far in the current quarter.
