SGB Update

Skechers Q2 Beats Expectations

Skechers USA Inc. reported second-quarter sales handily exceeded expectations due to double-digit growth at its own retail stores and internationally. Earnings, however, came below targets.

 HanesBrands Distribution Center Achieves 2017 Safety Milestone

HanesBrands, the parent of Hanes, Champion and Gear For Sports, announced that its Canterbury Distribution Center, located in Kings Mountain, NC, is one of 21 facilities in the state to achieve 2 million employee hours without injury during the first half of 2017.

Katadyn Group To Acquire Hydro-Photon Inc.

Katadyn Group signed an agreement to acquire the assets of Hydro-Photon Inc., the maker of the SteriPen ultraviolet, handheld water purifier. The acquisition is planned to close near the end of July 2017.

Supra Announces Global Brand Mission

Launching officially at retail in January 2018, the apparel and footwear brand will begin to soft launch the campaign on owned platforms and social channels today, July 20.

Brunswick Corp. To Acquire Lankhorst Taselaar

Brunswick Corporation signed an agreement to acquire Lankhorst Taselaar, a leading marine parts and accessories distribution company based in the Netherlands and Germany.

Sports Direct Profits Drop More Than Half

Sports Direct reported earnings tumbled 58.7 percent in its year ended April 30. The U.K. sporting goods chain blamed the devaluation of British pound against the U.S. dollar.