SGB Update

Nike Sets More Layoffs

After laying off 255 employees in Oregon in July, Nike Inc. told the state it is scheduled to lay off an additional 490 by the end of September.

Outdoor Recreation Report Provides Outdoor Recreation Roadmap

Outdoor Industry Association (OIA) released the State Funding Mechanisms for Outdoor Recreation report featuring case studies on seven states across the country that are investing in the public lands and waters that support the outdoor economy.

G-III Apparel Lifts Outlook On Q2 Beat

G-III Apparel Group Ltd. raised its outlook for the year after reporting sales and earnings in the second quarter exceeded guidance.

Newell Brands Cuts Outlook On Harvey Impact

Newell Brands announced that it is updating its 2017 normalized earnings per share guidance for the anticipated effects of Hurricane Harvey on its U.S. manufactured resin businesses, including increasing inflationary pressure through the third quarter.

O’Brien Watersports Acquires Assets Of Nash Mfg.

O’Brien Watersports has acquired substantially all of the assets of Nash Mfg., which produces watersports products under the Hydroslide brand name, pool and lake leisure products under the licensed brand name of Margaritaville and rotational molded coolers under the brand name Sub Z.

Unifi Appoints CFO

Unifi Inc. appointed Jeffrey C. Ackerman as executive vice president and chief financial officer, effective immediately.

Study: Let Me Run Fosters Healthy Masculinity

A recent independent study conducted by University of North Carolina at Greensboro’s Institute found Let Me Run is making a substantial positive impact in boys’ lives.

Soccer.com Joins Hurricane Relief Efforts

Soccer.com has designed a special Hurricane Harvey Relief T-Shirt, pledging to donate all proceeds from the sales of the shirt to hurricane relief efforts following the devastating impact of the storm in Texas and Louisiana.