SGB Executive

DSW to Roll Out 22 New Stores This Fall

DSW Inc. is opening 22 new stores this fall. The DSW store locations will be nationwide, including the opening of six stores in new markets…

OIA Elects 2015-16 Board of Directors

Outdoor Industry Association (OIA) announced its newly elected 2015-2016 board of directors Wednesday following its annual board meeting on the eve of Outdoor Retailer Summer Market. The board also selected Gordon Seabury, CEO of Toad&Co, as chair and nam

Fitbit’s Q2 Earnings More than Double

Fitbit Inc., in its first report since going public, reported second-quarter revenues more than tripled to $400.4 million from $113.6 million. On an adjusted basis, earnings soared 179.7 percent…

Escalade Sees 15 Percent Q2 Revenue Gain

Escalade Inc. reported revenues for the second quarter of 2015 were up 15 percent over the same quarter in the prior year. Year to date revenues have increased 18 percent…

Backcountry.com Deal Earns Liberty Tidy Sum

Liberty Interactive Corp. sold Backcountry.com for $350 million, or 11 times what the online retailer is expected to generate this year in operating income depreciation and amortization, according to…

Brooks and Competitor Group Extend Partnership

Competitor Group, Inc. (CGI) and Brooks Running Company announced a sponsorship extension through 2020. The continued partnership, which began in 2010, designates Brooks as the official running footwear, apparel and sports bra of the Rock ‘n’

Backcountry.com Sales Up 6.0 Percent in Second Quarter

Backcountry.com lost $4 million on sales of $105 million in the second quarter ended June 30, 2015, compared with a loss of $3 million on sales of $99 million in the second quarter of 2014, according to financial information released by its former parent