SGB Update

Rocky Brands’ Q3 Profits Vault On Meatier Margins

Rocky Brands Inc. reported sales dipped 11.6 percent in the third quarter due to factory disruptions from Hurricanes Maria and Irma as well as “modest shortfalls” for all its brands, but earnings improved significantly on higher margins.

Brooks Announces 2017 Inspiring Coaches Of The Year

Brooks Running Company recognized cross country coaches Neville Anderson of Athens Academy in Georgia and Denise Benson of Lexington High School in Ohio as 2017 Inspiring Coaches of the Year.

Camping World Plans Secondary Offering

Camping World Holdings Inc. announced a proposed secondary offering of 6.7 million shares of its Class A common stock  by certain selling stockholders of Camping World, which includes 6 million shares offered by certain affiliates of Crestview Advisors LLC and 700,000 shares by CWGS Holding LLC, a wholly owned subsidiary of ML Acquisition Company LLC.

PrimaLoft Partners With L.L.Bean

L.L.Bean’s Ultralight Aero Sleeping Bag and Packaway line of coats, jackets and vests will be the first products to feature the PrimaLoft Gold Insulation Cross Core series, arriving at retail spring 2018.

Puma Lifts Outlook For Third Time This Year

Puma reported sales on a currency-neutral basis rose 17.4 percent in the third quarter, led by a 22.7 percent gain the EMEA region and a 15.6 percent jump in the Americas region.

Activist Investor Sues Deckers Over Board Election

“The Deckers board is employing a scorched-earth defense of its position by delaying its annual meeting and refusing without basis to designate Marcato’s nominees as continuing directors before the vote,” Marcato said in a statement.

Camping World Acquires America Choice RV

Camping World Holdings Inc. continues its rapid expansion of RV dealerships with its planned acquisition of America Choice RV, in Central Florida.

Threadless Acquires Bucketfeet

Threadless, best known for their graphic apparel and accessories, has acquired direct to consumer shoe brand, Bucketfeet.

Report: Under Armour Mulling Category Exits, Kip Fulks Takes Sabbatical

Kip Fulks, a co-founder of Under Armour, will take a sabbatical from the company, according to a report from The Wall Street Journal. The company is also exploring exiting tennis and other smaller outdoor categories, including outdoor gear and fishing, sources told the Journal.

Luxottica’s Q3 Sales Dip On Currency Headwinds

Luxottica Group, the parent of Oakley, Ray-Ban and Sunglass Hut, reported sales in the third quarter were up 0.8 percent at constant exchange rates but slid 3.5 percent at current exchange rates as a result of the strong Euro appreciation against the main currencies.