SGB Executive

Foot Locker’s Q2 Rides B-Ball’s Comeback

With a big assist from the sizzling basketball footwear category, Foot Locker Inc. reported second-quarter earnings that handily exceeded Wall Street estimates, helping push the company’s shares past an all-time high. Besides benefiting from its pos

The Buckle’s Q2 Profits Dip

The Buckle, Inc. reported second-quarter earnings slid 2.3 percent to $24.5 million, or 51 cents a share, missing Wall Street’s consensus estimate of 53 cents a share…

Bain Capital Acquires 50 Percent of Toms

Toms announced the signing of a definitive agreement to partner with Bain Capital, one of the world’s largest private investment firms, to accelerate the growth of the company and its giving programs around the world. Toms Founder and Chief Shoe Giv

Fanatics Appoints Chief Technology and Product Officer

Fanatics, Inc., the world’s leading online retailer of officially licensed sports merchandise, announced Matt Madrigal has joined the company as chief technology and product officer. Based in San Francisco and reporting to Fanatics CEO Doug Mack, M

Shock Doctor Acquires XO Athletic

Shock Doctor has acquired XO Athletic, based in Union, NJ. The strategic acquisition provides access to patented technologies owned by XO along with retail distribution efficiencies that will benefit both brands. Shock Doctor intends to maintain the XO At

TheClymb Among Sporting Goods Companies Named to Inc 500

The Clymb.com has reached sales of $64.5 million, according to Inc. Magazine’s 2014 Inc. 500 list, which includes seven companies that design, manuacture or sell athletic, fitness or outdoor recreation products…

Respect You Universe Names Lululemon Vet to COO Post

Respect Your Universe Inc. named former Lululemon Athletica Inc. executives Manfred Vollmer as its chief operating officer. Manfred has 30+ years of international experience in retail, real estate, operations and strategic planning and marks the latest se

Cannondale Buys Stake in Slipstream Sports LLC

Cannondale will become part owner, title sponsor and technical bicycle sponsor for the U.S-based Slipstream Sports LLC's professional cycling team in 2015. Slipstream will manage team operations. Garmin, a key partner of Slipstream Sports since 2008

Advent International Acquires 15 Pecent Stake in Lululemon

Advent International has completed its purchase of 20.1 million shares in Lululemon Athletica Inc., giving it a 14.87 percent stake in the performance apparel company, according to a filing with the Securites & Exchange Commission…

Cutter and Buck Expands Sales Force

Cutter & Buck has added three new representatives to its golf sales team, all with extensive experience in the apparel industry…