SGB Sportsmans

CES 2018: Sports Tech’s Highlights

Artificial intelligence, sensors embedded in apparel, the quantified self and gamification were some underlying themes across the sports and fitness-related products that landed at CES 2018. Black Box VR, Garmin, Peloton, Myant, L’Oreal and Sony were among the brands earning some hype.

Buckingham Research Hikes Dick’s To Buy

Buckingham Research raised its rating due to the potential bottoming of domestic athletic cyclical pressures, an improving vendor product pipeline set to arrive in the second half of 2018, and an eventual payback from its strong partnerships with the industry’s key branded players: Nike, Adidas and Under Armour.

Gander Outdoors Announces New Website Launch

Gander Outdoors, formerly known as Gander Mountain, announced the launch of its new online store GanderOutdoors.com. Categories include: Shooting, Camping, Hunting, Fishing, Boating, Wear, Cycling and Active Sport.

Macquarie Capital Downgrades Under Armour To Underperform

Macquarie Capital downgraded its rating on Under Armour to “Underperform” due to sales, margin and capital concerns. Sales In North America are expected to be pressured by the speculated exit out from tennis and some outdoor categories as well as continued challenges from Academy Sports & Outdoor.

Compass Diversified Holdings Names New CEO

Compass Group Diversified Holdings LLC announced that Elias J. Sabo, a founding partner of the company’s manager, Compass Group Management LLC (CGM), has been appointed as the company’s chief executive officer, effective May 3, 2018.