SGB Update

Camber Outdoors To Hold Thought-Leadership Keynote

On Saturday morning, January 27, Outdoor Retailer show attendees can explore women’s leadership with CEO Pledge pioneers Donna Carpenter, CEO Burton, Sally McCoy, former CEO CamelBak, Jerry Stritzke, CEO REI, and Ken Meidell, CEO Dakine.

Free Country Partners With The Fresh Air Fund

To celebrate the launch of the partnership, Free Country held an ice-skating event for Fresh Fund children and their families at The Rink at Bryant Park. The event was hosted by five-time Olympic Medalist Nastia Liukin.

Amer Sports To Take Write-Down Due To U.S. Tax Reform

Amer Sports said that because it has deferred tax assets of approximately $40 million in the U.S., the value of the company`s net deferred tax assets is expected to be reduced by approximately $13 million due to the federal tax rate change.

Taurus USA Names Director of Sales

Shari-Lynn Fix has been appointed the new director of sales for Taurus USA, which encompasses the popular Taurus, Rossi, and Heritage Manufacturing firearms lines.

Anta Unveils China Winter Olympic Uniforms

Anta Sports Products Limited announced that the launch ceremony of the PyeongChang 2018 award ceremony outfit for the Chinese Sports Delegation took place at the General Administration of Sport of China in Beijing.

Alphabroder Acquires Prime Line

Alphabroder, a leading North American distributor of imprintable sportswear and accessories and portfolio company of Littlejohn & Co., LLC, closed its acquisition of Prime Line, a leading manufacturer and supplier of promotional products for more than three decades.

Mastercard SpendingPulse: Retail Sales Grew 4.9 Percent This Holiday Season

Mastercard SpendingPulse reported that holiday sales increased 4.9 percent this year, setting a new record for dollars spent. The gain marked the largest year-over-year increase since 2011. Online shopping also saw large gains of 18.1 percent compared to 2016, boosted by a late season rally.

Amazon Boasts Of Strong Holiday Selling

Amazon indicated it saw significant gains in sales of Alexa-enabled devices as well as growth in Prime membership over the holiday season. Top sellers among active products include the Asics men’s GEL Venture 5 Running Shoe, Fitbit Charge 2, Titleist Pro V1 Golf Balls, Wilson NFL MVP Junior Football and Spalding NBA Street Basketball.

Iconix Logs Steep Q3 Loss

Iconix Brand Group, as expected, posted a steep loss in the third quarter due to an impairment charge and indicated it will likely not be able to repay its convertible notes due March 2018.

Nike Skips Christmas Day NBA Jerseys

Nike incurred the wrath of social media for not coming out with special uniforms on Christmas Day for the first time in five seasons.