SGB Update Outdoor

Sports Direct Makes Play for Kitbag

Sports Direct International PLC has acquired an 18.9 percent stake in Findel PLC, owner of Kitbag, a money losing seller of replica soccer kits and other sports merchandise that also manages retail operations for major soccer clubs…

Mammut Sports Cuts Sales and Manufacturing Jobs

Mammut Sports Group cut 25 sales jobs at its corporate headquarters in Switzerland and will outsourcing rope manufacturing in a bid to cut costs amid declining sales and margin pressures created by adverse currency effects…

Academy Sports Names J.K. Symancyk President and CEO

Academy Sports + Outdoors named James Kevin (J.K.) Symancyk, 43, as president and CEO. He will join Academy November 2 after several years serving as president at Meijer Inc., where he led the multi-billion Midwestern superstore's daily operations…

Petzl Taps Verde Brand Communications as North American Agency

Petzl named Verde Brand Communications as its North American agency of record for brand communications. Petzl tapped Verde to grow its Sport and Professional brand divisions and increase product awareness in trade, endemic, and broad markets…

Survey Reveals Apparel Brands’ Sustainability Gains

Textile Exchange said that while 73 percent of apparel brands it surveyed could provide data on the use of organic cotton, the numbers dropped off dramatically for other preferred materials such as recycled polyester and preferred cellulosics such as lyoc

Landlords Expected to Start Adjusting Rents for In-Store Pickups

Landlords will develop new formulas for calculating rent in the next five years that could take into account the number of online orders picked up in a store, according to a report released by the International Council of Shopping Centers…

USATF to Share More Revenue With Athletes

A U.S.A. Track & Field and its Athlete Advisory Committee have agreed in principle to distribute an additional $9 million in cash to athletes over the next five years…

Vista Outdoor Aims Big

Vista Outdoor Inc. will continue to acquire both firearms accessory brands and human-powered outdoor recreation brands to grow its Outdoor Products segment, the company's VP of Investor Relations, Michael Pici, told The B.O.S.S. Report last week…

Kathmandu Shareholders Reject Hostile Bid

Kathmandu Holdings Limited repelled a hostile takeover Sept. 17 after the New Zealand retailer's shareholders tendered just 3.6 percent of their shares to a retail group that owns the country's Rebel Sports franchise…

More IBDs Send Fewer People to Interbike

Interbike said the number of retail stores that sent representatives to the show Sept 16-18 increased 4 percent over last year — although overall retailer attendance declined slightly as each store sent fewer people on average…

Extreme Sports Star Dies in Skydiving Accident

Erik Roner, a well-known action sports athlete who starred in MTV's Nitro Circus, died Monday in a skydiving accident at Squaw Valley in Lake Tahoe, CA, according to the Placer County Sheriff’s Department…