SGB Update

Mizuno’s America’s Q3 Sales Dip 9.3 Percent

Mizuno Corp. reported sales in Americas continued to decline in the third quarter and nine months ended December 31 as the focus remains on improving profitability in the region.

Canada Goose Names CFO And EVP

Canada Goose Holdings Inc. announced that Jonathan Sinclair will succeed John Black as chief financial officer and executive vice president. He is expected to join the company toward the middle of the year.

Messe Friedrichshafen Establishes A New Outdoor Platform

In an internal voting process, a majority of members of the European Outdoor Group (EOG) have voted to hold the OutDoor trade show in Munich from 2019. In full independence and with support from numerous major industry players, the show organizers will be holding a new version of the trade show in Friedrichshafen from 2019.

L.L. Bean To Tap Blockchain Technology To Help Track Its Products

L.L. Bean says it will start sewing in sensors inside its products to track how customers use the items in a pilot test, according to the Wall Street Journal. This information would be fed into a blockchain and then anonymized for later use.

TRX Hires VP International

TRX, the developer of functional training equipment, education and technology, announced Olivier Ciaravino as vice president, international.

Peloton To Live-Stream From PyeongChang

NBC Olympics and Peloton, the in-home fitness and technology company, are live streaming indoor cycling classes from NBC Olympics’ broadcast studio in PyeongChang, South Korea, during the XXIII Olympic Winter Games.

Alterra Mountain Appoints CEO

Alterra Mountain Company, the owners of Steamboat, Deer Valley, Mammoth Mountain, Squaw Valley and several other resorts, announced the appointment of Rusty Gregory as chief executive officer.

The Buckle’s Comps Inch Up 0.2 Percent In January

The Buckle, Inc.  announced that comparable store net sales, for stores open at least one year, for the 5-week period ended February 3, 2018 increased 0.2 percent from comparable store net sales for the 5-week period ended February 4, 2017.

GOAT Acquires Flight Club

GOAT, the world’s leading digital sneaker marketplace, announced a merger with sneaker consignment pioneer Flight Club. The merger brings together two leading brands in the sneaker space. Along with the merger, GOAT and Flight Club announced a new funding round of $60 million led by Index Ventures.

HanesBrands Revenues Climb 4 Percent in Q4

HanesBrands reported fourth-quarter net sales increased 4 percent to $1.645 billion. Organic sales, which exclude acquisitions under a year old, increased 2 percent in constant currency in the fourth quarter, the second consecutive quarter of organic growth. Champion sales were up 15 percent.

Amer Sports Sees 4 Percent Q4 Revenue Growth

Amer Sports reported operating earnings in the fourth quarter before special items rose 13.9 percent as revenues grew 9.0 percent on a currency-neutral basis. The gains were led by the Fitness segment, up 12 percent, and Outdoor, 11 percent. Ball Sports inched up 1 percent.