SGB Executive Sports & Fitness
By The Numbers, Week Of September 19
The leading figures from this week’s news in the active lifestyle space.
At Nike, Phil Knight’s Successor Focuses On ‘Personalized Performance’
Phil Knight may have retired from Nike, but his successor Mark Parker said the brand will continue Knight’s “obsession with serving the athlete.”
More Americans Are Spending Less Time Outdoors
The latest annual figures show that more Americans are getting outdoors, albeit for for fewer total outings, underscoring broader challenges and opportunities in the active-lifestyle space.
U.S. Retailers Urge Government To Resolve Hanjin Fallout
A coalition of 120 organizations, including the National Retail Federation and Outdoor Industry Association, are expressing concerns over the uncertain fate of the products stranded at sea.
Why REI Is Rebooting Its Bike Business
SGB talks with REI’s director of in-house cycling product on the decision to nix its 30-year-old Novara brand in favor of Co-op Cycles, with a greater focus on the trail.
Can A Drone Jump-Start Growth For GoPro?
GoPro is betting on the launches of two new cameras and its first long-anticipated drone to jump-start growth in the fourth quarter.
Accell-Beeline Bikes Deal Creates Buzz
Accell North America unveiled a partnership with mobile bike shop franchiser Beeline Bikes aimed at enhancing fulfillment of Raleigh bikes it sells direct to consumers online.
Eurobike Defection Echoes Interbike’s Challenges
On the eve of Interbike, Europe’s largest bicycle retail co-op announced it has withdrawn from Eurobike and and will open its dealer show to some non-members.
2016 SFIA Industry Leaders Summit Navigates Disruption
The sports and fitness industry must invest in youth, new manufacturing processes and a skilled labor force, leaders say.
Wolverine Pulls Trigger On Factory Expansion
Wolverine World Wide Inc.’s decision to expand a factory in Michigan signals optimism that Congress will expand the Berry Amendment to cover athletic shoes.
Aisle Talk, Week of September 12
Top headlines from the active lifestyle industry you may have missed this week.
By The Numbers, Week Of September 12
The leading figures from this week’s news in the active lifestyle space.
Golfsmith Blames Bankruptcy In Part On Tiger Woods
The retailer struggled with larger store formats, the recession, a shift to online shopping and the descent from stardom of one of golf’s greatest players.
Golfsmith To Restructure In Bankruptcy Proceedings, Agrees To Sell Golf Town
The Chapter 11 reorganization is designed to support a sale of the Canadian-based business of Golf Town and a debt recapitalization of the U.S.-based business of Golfsmith.
Callaway And Taylormade Top Golfsmith’s Unsecured Creditors List
The list of the 30 top unsecured creditors in the Golfsmith International Holdings bankruptcy case was led by Callaway Golf, owed $5.5 million, followed by TaylorMade Golf at $5.1 million and Nike USA at $3.5 million.
