SGB Executive Sports & Fitness

Sports Direct Reports Disappointing Fiscal Year Results

Sports Direct International plc, which pulled its bid for hundreds of Sports Authority stores last month, reported margins flatlined at its sporting goods retailing segment in the fiscal year ended April 24 as sales slowed in the back half of the year.

A Peek at the Financials of EMS, Sport Chalet and Bob’s Stores

This week, we got a glimpse of Vestis Retail Group LLC’s books for May 2016, as the owner of Bob’s Stores, Eastern Mountain Sports and Sport Chalet reported back to the court as part of its reorganization, after filing for Chapter 11 bankruptcy protection in April.

Nike Predicts North America Bounce Back

Nike Inc. surprised some investors by reporting lower-than-expected sales for its fiscal fourth quarter, ended May 31, despite barely beating expectations on earnings, as it was impacted in North America by tough year-ago comparisons due to last year’s West Coast port slowdown as well as the need to clean up excess inventories in the marketplace.

Incipio Expands Active-Lifestyle Reach with Skullcandy Acquisition

Incipio LLC, which makes everything from phone cases to smart plugs, is expanding its reach into the active-lifestyle market, reaching an agreement to acquire Skullcandy Inc., best known for its stylish and sporty headphones, in a cash deal worth $177 million.