SGB Update

Wolverine Partners With Academy Sports In Boot Donation

Wolverine partnered with Academy Sports + Outdoors to give over 300 students enrolled in the School of Construction Technology at Oklahoma State University Institute of Technology [OSUIT] a pair of work boots, as well as lunch and other giveaways.

Big Rock Sports Seeing Strong Show Registration

Based on registration numbers, officials from Big Rock Sports are expecting a strong turnout for their annual 2018 Fishing and Shooting Shows, which will be held in Las Vegas, NV from January 3–5 and Raleigh, NC from January 5–7.

Johnson Outdoors Delivers Record Results In 2017

Johnson Outdoors Inc. announced all-time high revenue and earnings for fiscal 2017. Strong on-going marketplace momentum of new products in the company’s core fishing, diving and camp cook brands drove a 13 percent increase in sales as operating profit grew 99 percent and net income rose 160 percent year-over-year.

New Balance Sees Tax Reform Boosting Domestic Production

New Balance issued a statement commending U.S. Sen. Susan Collins, R-Maine, for her support of the Republican-led tax reform legislation approved by the Senate early Saturday morning, according to MaineBiz.

Iconix To Absorb Impairment Charge

Iconix Brand Group Inc. reported preliminary financial results for the third quarter and also said will recognize a non-cash intangible asset impairment charge of approximately $500 million to $750 million primarily related to the women’s segment.

American Outdoor Brands Again Cuts Outlook

American Outdoor Brands Corporation, the parent of Smith & Wesson, M&P and Thompson/Center Arms, again reduced its guidance for the year due to ongoing challenges in firearms while reporting sluggish second-quarter results that generally came in line with guidance.

Duluth Holdings Sees 25 Percent Q3 Growth

Duluth Holdings Inc., the parent of Duluth Trading Company, reported sales in the third quarter rose 25.0 percent. The company showed a loss in the period.

Nautica Renews Golf Sponsorships

The Nautica brand announced that it will be extending its marketing partnership with PGA Tour player Cameron Tringale for an additional year. Nautica is introducing 24-year-old PGA Tour player Michael Kim as a golf brand ambassador.

Vail Resorts Sees Robust Early Season Pass Sales

Vail Resorts Inc. reported season pass sales for the North American ski season are up approximately 14 percent in units and approximately 20 percent in sales dollars through December 3, 2017.

Nike Names Four New WHQ Buildings

Two buildings honor champion Nike athletes Serena Williams and Sebastian Coe, and a new fitness center is named after Coach Mike Krzyzewski.

Florida Shifts To Jordan From Nike

Florida is just the fourth collegiate football program to represent the Jumpman and the brand’s first college program in the Southeastern Conference.