SGB Sports & Fitness

Nike to Open First Brooklyn Store

Nike will open its first Brooklyn store. The 20,000-square-foot space will open on 2236 Nostrand Avenue in Flatbush, according to reports. It will also represent the second Nike Community Store program on the East Coast with one opening in April in Washin

Soles4Souls Assists Cyclone Pam Victims

Soles4Souls, which collects shoes and distributes them to people in need around the globe, has teamed up with Carnival Australia, Virgin Australia and Virgin Atlantic Cargo to provide shoes and clothing to people in need in Vanuatu following the devastati

Nautilus Manages Port Challenges to Deliver Strong Q1

Sidestepping product availability issues stemming from the West Coast port slowdown that impacted its Retail segment, Nautilus Inc. reported earnings soared 99.7 percent in the first quarter, to $10.7 million, or 34 cents a share. Revenues jumped 33.8 per

Lululemon’s Q1 Comp Sales Rise 8 Percent

Lululemon Athletica Inc. reported net revenue grew 16 percent to $602.5 million in the fourth quarter ended Feb. 1 thanks to an 8 percent increase in comparable sales, including direct-to-consumer sales, in currency-neutral terms…

Nautilus Q1 Revenues Climb 34 Percent

Nautilus, Inc. reported sales for the first quarter of 2015 totaled $96.2 million, a 34 percent increase compared to $71.9 million in the same quarter of 2014. The strong growth was driven by higher sales in both the Direct and Retail segments. Gross marg

UK’s Evans Cycles to Trade Hands

Evans Cycles, the UK’s largest specialist cycling retailer is being sold by Active Private Equity to ECI Partners, the companies announced May 1. On completion, ECI will…

Sequential Brands Doubles Q1 Revenues

Sequential Brands Group, which owns Avia, And1, Heelys, DVS and several other apparel brands, reported first-quarter revenue jumped 117 percent to $13.6 million compared to $6.3 million in the prior year quarter…