SGB Update Outdoor

Ugg Parent Sues Walmart For Patent Infringement

Deckers Brands, the parent of Ugg, Hoka and Teva brands, filed a lawsuit in California Central District Court against Walmart, charging the retailer infringed on copyrighted product designs.

Wiley X Opens New HQ In Frisco, TX

As Wiley X, the family-owned eyewear brand celebrates its 35th Anniversary, it also opened its new headquarters in Frisco, TX.

Canada Goose Offers Resale Platform To Consumers

Canada Goose launched a re-commerce platform, Canada Goose Generations, providing an authorized reselling platform that “keeps Canada Goose products in circulation, giving them a second, third and fourth lifetime,” according to a company release.

Under Armour Adds Two To Board As Saunders Departs

Under Armour, Inc. appointed Carolyn Everson and Patrick Whitesell to its board of directors effective February 1, 2023. Longtime UA board member Harvey Sanders will retire on March 31, 2023. 

Academy Sports’ Debt Ratings Outlook Raised

S&P Global Ratings revised its debt rating outlook for Academy Sports + Outdoor, Inc. following a debt repayment. The positive rating outlook reflects the potential for an upgrade if Academy consistently performs during an uncertain economy while sustaining low S&P Global Ratings-adjusted leverage of about 1x.

Giant Group Acquires Minority Stake In Stages Cycling

Giant Group, headquartered in Portland, OR, acquired a 32.5 percent stake in Stages Cycling, a maker of stationary smart bikes for the commercial gym and home markets and crankarm-based power meters.

JD Sports Reports Cyber Security Issue Includes Customer Data Access

JD Sports Fashion Plc, the parent company for Finish Line, Shoe Palace and DTLR, among others, has been the target of a cyber incident that resulted in unauthorized access to a system that contained customer data relating to online orders placed between November 2018 and October 2020.