SGB Executive

Adidas Fourth Quarter Loss Widens

Adidas AG sharply widened its fourth-quarter loss, hurt by goodwill impairment charges, negative currency effects and losses from its recently-sold Rockport brand. Sales of TaylorMade-Adidas Golf fell 24 percent on a curency-neutral (c-n) basis but Reebok

Shopko to Ramp Up Expansion

Shopko announced the opening of 20 new Shopko Hometown stores. The company recently acquired rights to occupy the 20 stores, which were previously operated by Alco Stores, Inc…

UA Names Fulks President of Footwear and Innovation

Under Armour Inc. said Kip J. Fulks, one of the original founders of Under Armour and formerly the company’s chief operating officer and president of product, has been named president of footwear and innovation…

Brown Shoe Realigns Reportable Segments

Brown Shoe Company is realigning its reportable segments following the sale of Shoes.com in December. The new segments are Famous Footwear and Brand Portfolio…

LaserMax Appoints New Sales Director

LaserMax, producer of laser sighting and illumination tools for firearms, appointed Shari-Lynn Fix as director of distribution and international sales…

San Diego Accelerator Graduates New Class

San Diego Sport Innovators (SDSI) announced the latest graduates of its business accelerator program, which seeks to grow Southern California’s sports and active lifestyle economy…

GoPro Mountain Games Opens Athlete Registration

The GoPro Mountain Games opened athlete registration Monday for this summer's games, which will feature more than $110,000 in prize money and introduce a qualifying event for for the growing Kids Adventure Games race series…

SCS Global to Promote Higg Index

SCS Global Services (SCS) has joined the Sustainable Apparel Coalition (SAC) and will promote its Higg Index, which was created by outdoor brands to measure and improve the sustainability of apparel and footwear supply chains…

Specialized Creates Foundation

Specialized has established a 501(c)(3) foundation to help fund original research and programs that improve kid's lives through cycling…

REI to Expand MTB Classes in March

REI will launch a greatly expanded offering of mountain biking classes at select stores this spring in another sign of its growing commitment to cycling…