SGB Executive

Hydro Flask Parent Expects H2 Sales Growth To Moderate

On a conference call with analysts, Julien Mininberg, CEO of Helen of Troy, said the industry is seeing “some moderation” in overall demand in the water bottles and hydration space following a period a strong growth overall.

One-On-One With OrthoLite’s Glenn Barrett

The CEO and chairman of Ortholite discusses the keys to successful collaborations, 3D printing and other emerging technologies, new competitors in the space, and the insole category’s newfound respect.

Merry Holiday Forecasts Arrive

The NRF (National Retailer Federation) became the latest organization predicting robust sales for the holiday season. Gains are expected to be helped by low unemployment, rising stock markets and another year of double-digit online spending gains.

NRA Under Attack Following Mass Shooting

With the NRA (National Rifle Association) coming under broad attack following the Las Vegas mass shooting, another unsettling period appears ahead for the gun industry.

Susquehanna Downgrades Finish Line On Recent Run-Up

Susquehanna Financial Group lowered its rating on The Finish Line to “Neutral” from “Positive” because the stock’s recent spike in price now “fairly reflects the probability of a takeout by Sports Direct.”

Russell Throws In The Towel On Uniforms

Kevin Reber, VP of sales, Russell Athletic, said in a letter to team dealers, “We are proud of our heritage, but to build lasting relationships with a new generation of athletes, we will need to focus our efforts and play to our strengths.”

Zumiez Focuses On Culture And Newness

Zumiez’s focus on employee empowerment and commitment to new brands continues to be the cornerstones of its success, Chris Work, its CFO, said Thursday at the B. Riley 3rd Annual Consumer Conference.

Shoe Carnival Testing Puma Shops

Following last year’s promising roll out of Nike shops, Shoe Carnival is testing Puma in-store shops in several stores.

Will Sports Marketing Change Post-Bribery Scandal?

Will the arrest of Jim Gatto, the director of global sports marketing at Adidas, in the college basketball bribery scheme soon lead to charges against other sports industry execs and an overhaul of sports sponsorships?

Nike’s U.S. Challenges Continue

Andrew Campion, Nike’s CFO and EVP, said on a conference call with analysts, “Given all of these dynamics, just one quarter into the year, it’s unclear, and I wouldn’t say precisely where North America will land for the full fiscal year.”

Mission Gets Its Own Heat Lab

In an interview with SGB, Josh Shaw, founder and CEO of Mission, said that beyond apparel, the lab will provide research into beverages, wearables and other areas. Said Shaw, “It’s going to be used to really further all elements related to heat safety.”