SGB Executive Sports & Fitness
Puma’s Recovery Gains Further Momentum
Sales in the third quarter jumped 10.8 percent on a currency-adjusted basis, driven by a 17-percent hike in footwear in addition to celebrity partnerships.
Under Armour’s Weak Forecast Spooks Market
While the sporting goods giant logged a robust third quarter, officials warned that the company’s core apparel growth is slowing.
Oakley, Ray-Ban Q3 U.S. Sales Impacted By MAP, Integration Efforts
No rose-colored glasses here. How the world’s largest sunglasses manufacturer is faring in its goal to clean up inventory and discounting of its products.
Why The North Face And Timberland Are Trimming Inventories
Despite last year’s warm U.S. winter looming large as VF Corp. trimmed its full-year 2016 forecast and reduced inventories, larger forces are also in play, including the recent rash of retail bankruptcies and shifting consumer habits.
Liquidators Largely Prevail In Golfsmith Bankruptcy
While Dick’s Sporting Goods stepped up to keep about 30 Golfsmith stores open, the remaining 59 locations will face liquidation.
Skechers Q3 Hit By Domestic Weakness
A decline in the footwear brand’s domestic wholesale sales, attributed to U.S. retail bankruptcies and some trend shifts, could signal a bumpy ride for active lifestyle brands in the third quarter.
Aisle Talk, Week Of October 17
Top headlines from the active lifestyle industry you may have missed this week.
By The Numbers, Week Of October 17
The leading figures from this week’s news in the active lifestyle space.
Amer Sports Says Impact From Bankruptcies Over
Parent to Wilson and Louisville Slugger sees third-quarter team sports sales return to normal in the U.S., while golf and tennis sales remain challenging.
Bravo Sports Expands Protective Gear Portfolio With Nutcase Acquisition
The deal marks Bravo parent Transom Capital Group’s fourth acquisition of a protective gear brand since June 2015 and its first in the urban cycling market.
Europe’s Zalando Improves Profitability On Efficiencies
Preliminary figures from the German retailer show its adjusted EBIT margin turning positive in the third quarter versus a loss a year ago. A deal with Adidas helped.
Can A Deal With Under Armour Recharge Major League Baseball?
Under Armour reportedly will replace Majestic Athletic in 2020 as the official on-the-field jersey for MLB. Did the league want a hotter brand?
Wolverine Struggles To Find Growth
Citing a “tepid” and “grossly over-stored” U.S. retail market as well as challenges at its Merrell brand, the footwear company slightly reduced its sales outlook for the full year.
Campfire Capital Lands Another Investor
The venture capital firm, which is backed by former and current Lululemon Athletica Inc. executives, has raised an undisclosed sum from Canada’s BDC Capital.
Where Are Sports Authority’s Key Personnel Landing?
Quite a few executives displaced by the liquidation of Sports Authority several months ago have already lined up new jobs, including some inside the sports industry.
