SGB Executive

Running Specialty Group to Rebrand Banners to JackRabbit

The Running Specialty Group (RSG), an operating segment of The Finish Line, Inc., announced a strategic, gradual rebranding initiative to evolve its entire family of specialty running destinations under one unified brand – JackRabbit. The company will beg

Adidas Launches Recycling Initiative

Adidas launched Sport Infinity, a three-year research program to develop soccer cleats that can be repeatedly recycled, use no chemical adhesives and create no waste…

RECALL: 400 Wishbone Recycled Bikes

Wishbone Design Studio Limited of Yardville, NJ has recalled about 400 of its Wishbone Recycled Bikes for kids because the handlebar can pinch fingers placed at the center where the handlebar connects to the bike frame…

USTR Releases Summary of TPP Objectives

The U.S. Trade Representative (USTR) released a summary of U.S. objectives of the Trans-Pacific Partnership (TPP) that could have wide ranging and potentially profound impact on the sporting goods industry…

Nike Q1 Blows Past Street Estimates

Nike Inc. reported earnings rose 22.6 percent in the first quarter ended August 31, to $1.8 billion, or $1.34 a share, easily above Wall Street's consensus estimate of $1.19. Revenues rose 14 percent on a currency-neutral basis with Nike Brand ahead

Deloitte Forecasts Slower Holiday Sales Growth

Deloitte forecasts U.S. retail sales, excluding motor vehicles and gasoline, will grow 3.5-to-4.0 percent during the November-to-January holiday period, or well below last year's pace…

Report: Nike to Open Store In Downtown Detroit

According to Crain’s Detroit Business, Nike submitted plans to the U.S. Green Building Council for Leadership in Energy and Environmental Design (LEED) certification at 1261 Woodward Ave to mark Nike's first store in downtown Detroit…

GoPro Brings 360-Degree Videos to Facebook

GoPro, Inc. began posting 360-degree videos shot with its new six-camera spherical rig to its Facebook news feed to demonstrate the immersive qualities of the technology, which enables viewers to…

Russell Athletic Launches Fifth Annual ‘Fight Like Dylan Award’

Russell Athletic is launching the fifth annual “Fight Like Dylan Award” honoring high school teams that have demonstrated inspiring determination and perseverance through sports. A panel of judges, led by former NFL Head Coach Tony Dungy, will select one

J. C. Penney Promotes John Tighe to Chief Merchant

J. C. Penney Company Inc. promoted John Tighe to executive vice president, chief merchant, effective Oct. 1. Tighe most recently served as senior vice president and senior general merchandise manager for the men's, children's, footwear, handbag