SGB Update Outdoor
Eddie Bauer Parnership With American Forests Turns 20
Eddie Bauer has partnered with actor and activist Ryan Reynolds to serve as the company's philanthropic ambassador for the next stage of its 20-year affiliation with American Forests…
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
Shoes.com Acquires Richer Poorer
Shoes.com has acquired the lifestyle sock brand, Richer Poorer…
New Wave Group’s Q3 Sales Buoyed by Strong Dollar
New Wave Group said sales at its Sports & Leisure apparel segment, which includes AuClair gloves and Craft apparel, increased 11 percent in the third quarter ended Sept. 30…
RootsRated.com Secures $2.5 Million Series A Investment
RootsRated.com, a Chattanooga,TN-based outdoor media platform, has secured a total of $2.5 million in a recent Series A funding round…
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…
RootsRated.com Raises $2.5 Million in Initial Funding Round
RootsRated.com, the Chattanooga-based outdoor media platform, has secured a total of $2.5 million in a recent Series A funding round…
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…
Fossil to Acquire Fitness Tracker Misfit for $260 Million
Watchmaker Fossil Group Inc. said it plans to acquire fitness tracking and wearable tech brand Misfit for $260 million…
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…
Goldwin’s First Half Profits Hurt by Store Closings, Retirement Costs
Goldwin Inc. reported net income plunged by half in the six months ended Sept. 30 as store closings and retirement expenses more than offset modest sales growth…