SGB Executive

Is There A Bottom For GoPro?

It’s not been a good year for the action-camera category leader, which most recently laid off 15 percent of its workforce and will part ways with its president by the end of the year.

Tilly’s Surprises In Q3 With Jump In Store Traffic

The West Coast action sports retailer credited new product assortments and better local marketing efforts as the top drivers, but also likely benefitted from competitor exits. Stock jumped nearly 35 percent.

Can Hi-Tec Sports Make It As A Licensed Brand?

Cherokee Global Brands’ proposed deal to buy Hi-Tec Sports for $98.5 million will most significantly include selling off the outdoor footwear brand’s wholesale operations to licensed partners.

Delta Apparel Eyes Bounce Back In 2017

The company’s activewear sales rose 5 percent, including an 8 percent gain from its Soffe brand with help from several “strategic sporting goods store partners.”

Online, Mobile Sales Outperform On Black Friday

More online shopping, less in-store shopping — that was an easy prediction to make for the kickoff to the 2016 holiday shopping season. Just how big the shift came in surprised even the experts.

Judge Blocks New Overtime Rule

The new rule, which would have qualified millions more Americans for overtime pay, including many working retail in the active lifestyle industry, now stands on shaky ground.

Famous Footwear Q3 Driven By Lifestyle Athletic

Famous Footwear’s same-store sales rose 2.1 percent in the third quarter ended October 30 as ongoing momentum in athletic and sports-influenced styles offset declines in boots and booties.

Hibbett Cuts Guidance On Weather Concerns

Due largely to accelerated markdown on cold-weather merchandise, third-quarter earnings came in short of Wall Street estimates and EPS guidance was lowered for the year.

Foot Locker Rides Strength In Lifestyle

The sneaker specialist sees a growing momentum for lifestyle running and casual footwear offerings, as well as a resurgence in popularity for Adidas and Puma.