SGB Update

Dick’s Q3 Tops Target, Provides Conservative 2018 Outlook

Dick’s Sporting Goods reported third-quarter earnings that topped guidance but warned that 2018 earnings could decline by as much as 20 percent due to continued gross margin pressure, expected flat comps and ongoing investments.

Acushnet Prices Secondary Offering

Acushnet Holdings Corp. announced the pricing of an offering of 8.33 million shares of its common stock by investment funds affiliated with Mirae Asset Global Investments Co. Ltd. at a public offering price of $17.00 per share.

Adidas Reveals Official Match Ball 2018 FIFA World Cup

The Telstar 18 is a reimagining of the first Adidas FIFA World Cup match ball, the Telstar, used at the 1970 tournament in Mexico and will be the first World Cup ball to feature a NFC chip to enable consumers to interact with the ball using a smartphone.

Spyder Unveils U.S. Ski Team Uniforms

Spyder, the exclusive apparel partner of the U.S. Ski Team since 1989, revealed the U.S. Ski Team¹s Olympic uniforms for the games in PyeongChang, South Korea.

Marcato Releases Investor Presentation To Deckers Stockholders

Marcato Capital Management LP, which is seeking to replace Deckers entire board with its own candidates at the company’s upcoming annual meeting, released a detailed presentation promoting its plan to drive long-term stockholder value at Deckers.

Jordan Brand To Sponsor French Basketball Federation

Jordan Brand has signed on as the official uniform supplier of the French Basketball Federation. The brand will outfit the organization’s men’s and women‘s senior, 3×3 and youth teams.

Cherokee Amends Credit Facility

Cherokee Global Brands announced the amendment, subject to the satisfaction of certain conditions, of its senior secured credit facility to resolve a non-compliance situation with its financial covenants.

Titleist Ball Plant 3 Opens Its Doors For Manufacturing Tours

Starting this month, Titleist is offering golfers the opportunity to visit the center of Titleist golf ball technology – Titleist Ball Plant 3 in New Bedford, MA – and witness firsthand the making of the No. 1 ball in golf.

Acushnet Shareholder To Sell Shares

Acushnet Holdings Corp announced the commencement of an offering of 8.33 million shares of its common stock by investment funds affiliated with Mirae Asset Global Investments Co. Ltd.

Industrial Revolution Beefs Up Team

Industrial Revolution, the Seattle manufacturer of outdoor accessories, hired marketing coordinator Craig Frazee and graphic designer Dan Mohr.