SGB Update

NormaTec Partners With U.S. Ski & Snowboard

NormaTec, the specialist in compression recovery technology for athletes, announced a four-year partnership with U.S. Ski & Snowboard, the national governing body of competitive skiing and snowboarding in the United States.

On Partners With Roger Federer

On, the Swiss running shoe brand, has partnered with Roger Federer. The Swiss tennis legend has become an investor as well as a contributing designer and representative for the brand.

Hillsound Equipment Adds Sales Agencies

Hillsound Equipment, a producer of winter traction equipment and gaiters for urban and outdoor enthusiasts, announced two new partnerships with sales reps in the Rockies and Atlantic regions of the United States.

The Buckle’s Q3 Profits Climb 27 Percent

The Buckle Inc. reported net income for the fiscal quarter ended November 2, 2019 rose 26.8 percent to $26.0 million, or 53 cents per share, from $20.5 million, or 42 cents, a year ago.

Thule Group To Expand Global Development And Test Center In Sweden

Thule Group announced Friday it is starting a significant expansion of its operations in Hillerstorp, Sweden. New buildings and facilities will be built to make room for an expanded global development and test center. At the same time, the production facility for roof racks is being expanded.

Hibbett Sports Boosts Full-Year Guidance On Q3 Beat

Hibbett Sports Inc raised its full-year outlook after reporting third-quarter profit and sales beat expectations. Earnings were more than double analysts’ targets as the retailer delivered its fourth consecutive quarter of comparable sales growth.

Foot Locker Tops Q3 Analyst Targets, Comps Climb 5.7 Percent

Foot Locker, Inc. reported earnings topped Wall Street’s consensus estimate in the third quarter as same-store sales ran up 5.7 percent. Said Dick Johnson, CEO, “We are pleased with our performance in the quarter, which reflects the success of our strategic focus on building even deeper connections with our customers and further strengthening relationships with our vendors.”

Goat Partners With The Brooklyn Nets

Goat, the sneaker reseller marketplace, has launched an official partnership with the Brooklyn Nets for the 2019-20 season that will include Goat-branded arrival paths for home and away teams, content, signage and more.

Momentous Closes $5 Million Series A Funding Round

Momentous, the performance nutrition company based in Jackson Hole, WY, closed $5 million in Series A funding led by Los Angeles based firm FitLab, an investment fund focused on advancing human performance. Momentous joins a select group of performance brands in the FitLab portfolio, such as Laird Hamilton and Gabrielle Reece’s XPT and leading digital fitness platform Freeletics.

Toms Releases 2019 Impact Report

Toms released its 2019 impact report. The report provides a comprehensive overview of their giving, including 96.5 million lives impacted, since the brand was thirteen years ago

Ross Stores Raises 2019 Outlook After Q3 Beat

Ross Stores, Inc. reported earnings per share for the third quarter ended November 2, 2019 of $1.03, up from $.91 last year and ahead of Wall Street’s consensus estimates of 97 cents a share. Net earnings grew 9.8 percent.

Recall: Scarpa North America Ski Boots

Scarpa North America has recalled its Maestrale RS and Maestrale Men’s Ski Boots because the ski boot shell can crack, posing a fall hazard and risk of injury to the consumer.