SGB Update Outdoor

Runtastic Adds Strength Training And Nutrition to App

Runtastic, acquired by Adidas in August, announced the release of the Runtastic Results app on iOS and Android. The Results app features personalized training plans focused on building strength, decreasing body fat and increasing muscle definition…

Gildan Activewear Again Cuts FY Outlook But Trends Improving

Gildan Activewear Inc. reported third-quarter earnings that arrived in line with expectations. But sales were below plan due to weakness in Its Branded Apparel segment and the company slightly reduced its guidance for the full year…

Nordstrom Reports Q3 Comp Increase of 0.9 percent

Nordstrom Inc. reported its third quarter performance came in below company expectations, reflecting softer sales trends that were generally consistent across channels and merchandise categories…

Mark Parker Named Fortune’s Businessperson of the Year

Fortune magazine named Nike Inc. CEO Mark Parker its 2015 Businessperson of the Year. Other sports executives were honored by the magazine and their rank of its list included Morris Goldfarb, CEO, G-III Apparel, 26; Kevin Plank, Under Armour's CEO, 3

FGL Sports Q3 Comps Jump 7 percent

Canadian Tire Corp. reported same-store sales at FGL Sports grew 7 percent in the third quarter. Comps at Sport Chek jumped 8.5 percent. Canadian Tire's overall earnings expanded 23.4 percent…

Vista Outdoor Sees Organic Growth in Fiscal Q2

Vista Outdoor Inc. reported sales grew 5 percent in the fiscal second quarter with 2 percent coming from organic growth and the balance from the recently acquired Jimmy Styks and CamelBak brands…

Brunswick Targets 7-9% Growth for Next 3 Years

At an investor meeting last week, Brunswick Corp. revealed a new three-year growth plan through 2018. Backed by a continuing, steadily improving global marine marketplace, revenue is projected to expand at a compound annual growth rate of 7 to 9 percent..

US Customs Seizes Bogus Pro Soccer Jerseys

U.S. Customs and Border Protection seized 5,383 pieces of counterfeit soccer apparel near Washington Dulles International Airport on Nov. 2. The haul included…