SGB Update

Iconix Q3 Revenues Fall

Iconix Brand Group Inc. reported revenues slumped 23.2 percent in the third quarter although operating earnings improved.

Bonafide Kayaks, Big Adventures Join Forces In Merger

Native Watercraft and Liquidlogic Kayaks, together with Bonafide Kayaks, announced the merger of their businesses. Bonafide Kayaks founder Luther Cifers will serve the combined business as president.

FishAmerica Foundation Awards Four Habitat Improvement Grants

The FishAmerica Foundation, in conjunction with the Brunswick Public Foundation, has selected four grassroots organizations that are working to improve water quality and aquatic habitat for funding under this cooperative partnership.

Outside Magazine’s 50 Best Places to Work In 2019 Released

Ergodyne, Lone Cone, Avid4 Adventure, CampMinder, SportRx, First Descents, Skullcandy and Powder7 landed on Outside Magazine’s 50 Best Places to Work in 2019.  Backbone Media, Gu Energy, Nuun, Stio and Toad&Co were among the honorable mentions.

Topgolf Announces Major Expansion in Asia Through Franchise Partnership

Topgolf Entertainment Group continues its global expansion by entering into a franchise agreement with Sports Entertainment Asia, H.K. Limited (SEAL) with plans to open venues in Greater China (comprising Mainland China, Hong Kong, Macau and Taiwan) and the Philippines.

Survey Finds Esports Growth Brings Investment Surge and Expanding Revenue Sources

With esports revenues and viewership mounting, industry insiders believe the market is poised for continued growth as investors increasingly jump in, revenue sources evolve and technology rapidly advances. That’s according to the second annual Esports Survey of more than 200 executives conducted by law firm Foley & Lardner LLP and The Esports Observer.

Adidas Partners With Prada

The Italian luxury-goods house, Prada and Adidas have joined forces to start a new collaborative journey.

Adidas To End Speedfactory Operations In Germany And U.S. in 2020

Adidas announced that production at the two Speedfactories in Ansbach, Germany, and Atlanta, GA will be discontinued as of April 2020. The Speedfactory technology, however, will not be abandoned: Adidas said it will be used to produce sneakers at two suppliers in Asia.