SGB Update

OS1st Appoints President

ING Source has named Josh Higgins as the new president of the sports and medical compression bracing company that makes and markets OS1st Base Layer Bracing products.

LL Bean Shifts Marketing Focus To Digital, TV

L.L. Bean is shifting away from traditional direct mail print marketing toward digital and TV channels starting with its new “Be an Outsider” campaign, according to a report Ad Age.

Colorado Pays $3.4 Million To Lure Outdoor Retailer

The state of Colorado will pay $1.7 million to Emerald Expositions to support the relocation of the Outdoor Retailer show from Salt Lake City to Denver. The funds match the $1.7 million offered from Visit Denver under an incentive package.

Nike Announces Results Of The Active Schools Innovation Award

Through a joint effort with the National Elementary and Secondary School Sports Education Steering Committee and the China Education Development Foundation, Nike announced the results for Nike’s Active Schools Innovation Award Sunday evening at the Water Cube National Swimming Center in Beijing.

Hibbett Sees Q2 Loss On Steep Comp Decline

Hibbett Sports said that based on “very challenging sales trends”, comparable store sales are expected to decrease approximately 10 percent for the second quarter ending July 29.

VF Raises Outlook After Q2 Earnings Beat

VF Corp. reported earnings declined in the second quarter but exceeded expectations, prompting the parent of The North Face, Timberland and Vans to raise its guidance for the year.

Accell Group Sees Modest Revenue Gain In First Half

Accell Group N.V reported revenues inched up 0.7 percent in the first half as gains in e-bikes offset softness in regular bikes, particularly in North America, the Netherlands and Turkey.

Academy Undergoes Layoffs

Academy Sports + Outdoors has laid off approximately 100 employees from its corporate office in Katy, TX, according to an e-mailed statement.