SGB Executive Sports & Fitness

Outdoor Tech Founder Krissman Exits Company
Outdoor Tech Founder and CEO Caro Krissman has sold his shares to the brand’s lead investor and is on the prowl for his next CEO gig.

Zumiez Q1 Comp Sales Fall 7.5 Percent as it Invests in Omni-channel Future
Zumiez Inc. reported fiscal first-quarter sales down 2.6 percent to $173 million and its same-store sales dropped 7.5 percent as the action-sports apparel retailer works to update its omni-channel strategies while admittedly facing a tough retail environment.

Running Race Participation Takes Hit for Second Consecutive Year
The second running boom appears to be backing off as runners retreat from non-traditional races and millennials shy away from some of the longer timed ones. After more than two decades of consistent and often double-digit increases.

Sports Authority Sets Lease Auction for June
Sports Authority hired A&G Realty Partners to take bids at a June auction for the retailer’s remaining 320 leases.

Lululemon Founder Slams Ex-Company, Calls For Board Changes
A little more than a year after resigning as a director, Lululemon Athletica Inc.’s founder Chip Wilson is back in the grill of Lululemon’s board.

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SGB Executive will bring original news, analysis and insight across the active-lifestyle industry on a daily basis.