SGB Sports & Fitness

Puma Q1 Profit Declines; Backs FY14 Forecast

Puma, which is undergoing a turnaround plan that includes reconnecting with its sports heritage, reported currency-neutral sales slipped 0.5 percent in its first quarter, an improvement over the 4.7 percent slide in the fourth quarter. Earnings slid 25 pe

Yue Yuen’s Q1 Revenues Rise 7.3 Percent

Yue Yuen Industrial Limited, which is the largest manufacturer of footwear for athletic and outdoor brands, reported sales rose 7.3 percent to $1.83 billion in the first quarter. Sales of athletic shoes and casual/outdoor shoes were up by 1.1 percent and

Try Tennis for Free Initiative Launched

The Professional Tennis Registry (PTR) and the U.S. Professional Tennis Association (USPTA) have partnered to support an industry-wide effort aimed at getting Americans to “Try Tennis for Free.” The USPTA is promoting Try Tennis for Free to i

Vibram FiveFingers Settlement Moves Forward

A federal judge cleared the way Monday for Vibram USA to begin settling a class action lawsuit alleging it used unsubstantiated claims about the health benefits of running in its FiveFingers shoes to increase their sale…