SGB Footwear

North America Momentum Builds For Adidas

Helped by securing 400 new doors with Dick’s and Foot Locker so far this year, Adidas AG delivered 33 percent growth for the Adidas Brand in the North America region in the second quarter. On a conference call with analysts, Kasper Rorsted, Adidas AG’s CEO, said Adidas Brand has “not had the appropriate distribution” at places like Dick’s and Foot Locker and continues to benefit from greater allocations.

Black Diamond’s Q2 Loss Expands Slightly

Black Diamond slightly widened its loss in its second quarter ended June 30. Revenues grew with help of the launch of Black Diamond climbing shoes, its new ropes line as well as updates to harness, carabiner and helmets.

Is Reebok Making Progress?

Reebok is regaining traction in some key parts of the world but continues to see steep declines in North America due to an ongoing extensive reset in the region.

Newell Brands’ Play Segment Sees Modest Q2 Decline

Pro forma core sales declined 1.2 percent as solid growth on Beverages, Coolers and Team Sports was more than offset by a decline on Fishing related to broad retail inventory destocking across specialty and mass retailers and the negative impact of a key retail customer bankruptcy.

Cabela’s Struggles Continue In Q2

In likely its last earnings report as a publicly traded company, Cabela’s blamed its poor performance on the slowdown in firearms sales since the presidential election, the Gander Mountain bankruptcy, and tough comparisons due to a number of shooting tragedies in the first half of 2016.

Interbike Heading To Reno-Tahoe

Interbike, the largest cycling trade show in the U.S., has selected Reno-Tahoe as the new home for the Interbike trade show and the site of the newly-created Interbike Marketweek. The show has been in Vegas since 2011.