SGB Update

Tennis Industry Association Hosts Annual Forum

The 10th Annual Tennis Industry Association (TIA) Tennis Forum was held in New York City on August 28, the first day of play at the US Open, and the audience of nearly 300 tennis industry leaders heard the latest news about the state of the tennis industry, updates on grow-the-game initiatives, and business insights, along with a spotlight on tennis innovation.

Crosman Corp. Appoints VP Of Finance

Crosman Corporation, the manufacturer of airguns, archery products, optics, laser gun sights and related accessories, announced the hiring of Dan Maier as vice president of finance.

HanesBrands Submits Data For Latest CDP Climate Change Report

HanesBrands, the parent of Champion and Gear For Sports, has voluntarily disclosed its carbon emissions and related information for the CDP 2017 Climate Change Report – marking the seventh year that the company has participated in this initiative.

Lululemon Bangs Out 7 Percent Comp Gain In Q2

Lululemon Athletica Inc. reported basically flat earnings before special items in the second quarter but earnings were 4 cents ahead of Wall Street’s consensus estimate. Same-store sales grew 7 percent and gross margins expanded 180 basis points.

Paddlesports Retailer To Move To Oklahoma City

Paddlesports Retailer will take place August 28-30 next year at Oklahoma City’s Cox Convention Center with the on-water demo on August 27 at the Boathouse District.

Ironman Foundation Launches Harvey Relief Effort

Funds raised will support recovery efforts and service projects in the greater race communities for the Memorial Hermann Ironman North American Championship Texas, Memorial Hermann Ironman 70.3 Texas and Humana Rock ‘n’ Roll San Antonio Marathon and Half Marathon.

Genesco Lowers Full-Year Guidance On Lids Weakness

Genesco Inc. reported a second-quarter loss that came in slightly below internal expectations while sharply reducing its guidance for the year due to soft sales at Lids and overall weak traffic at malls.

Georgetown, Nike Reach Pact On Worker Conditions

As part of the agreement, Nike has established a new protocol with the Worker Rights Consortium (WRC), which provides the WRC with formal access to Nike supplier factories that manufacture WRC-affiliated collegiate products, to investigate working conditions and strengthen coordination regarding any remediation efforts.