SGB Update

JD Sports Profits Jump In First Half

JD Sports Fashion PLC reported profits before taxes rose 33 percent in the first half ended July 29 on a 41 percent sales gain.

Irma Impact On U.S. Retail Could Reach $2.75 Billlon

Planalytics estimates that the potential economic impact for lost sales in the consumer and retail sector from Hurricane Irma is $2.75 billion. The weather-analytics company said its estimate was addition to the damage caused directly by the storm.

The North Face Announces 2017 Speaker Series Tour

The North Face announced the 2017 Speaker Series tour “Films from the Field.” Throughout the tour, members of The North Face Athlete team will show a collection of films and share never told stories of adventure.

Study: Americans Spend Big On Athletics

Americans spent more than $100 billion over the past year on sporting events, athletic equipment and gym memberships, according to a new report from CreditCards.com. Sporting events, including tickets, transportation and food and beverage, comprised the majority of the spending; 79 million people indicated laying out a total of $56 billion in the past 12 months.

Peak Sports Partners With Brazil Olympic Committee

Peak Sports, a Chinese sportswear and sports equipment firm, has established an across-the-board collaboration agreement with the Brazil Olympic Committee spanning the next two Olympic cycles.

OESH Shoes Awarded Phase II Grant 

The United States’ National Science Foundation (NSF) awarded OESH Shoes of Charlottesville, VA a Small Business Innovative Research Phase II Grant to finalize the development of a patent pending pellet-based 3D printing process for footwear.