SGB Update

Jawbone Undergoing Liquidation

Jawbone, one of the early fitness wearables once valued at $3 billion, has begun liquidation proceedings, according to a report in The Information.

Cherokee Global Brands Posts Q1 Loss

Cherokee Global Brands, the parent of Hi-Tec, Tony Hawk Signature Apparel and Flip Flop Shops, reported a loss in its first quarter ended April 29, impacted by the decision by Target, the discount chain, to stop selling the Cherokee brand. The company also said it was seeking an amendment related to a non-compliance with covenants under its credit facility.

Downlite Launches Progressive New Composting Initiative

The manufacturer of down and feather recently engaged an outside organic recycling company to utilize the large waste feathers that traditionally end up in landfill, and instead, treat them for soil compost.

Outdoor Retailer Trade Show Moving To Denver

Emerald Expositions LLC announced it had selected Denver for the site of all Outdoor Retailer tradeshows, including Outdoor Retailer + Snow Show, Outdoor Retailer Summer Market and Outdoor Retailer Winter Market, which will move to November in 2018. It is intended that Grassroots Connect will co-locate in Denver with Outdoor Retailer when an appropriate venue is procured.

OIA’s Executive Director Touts Benefits Of Denver Move

In a letter to OIA members, Amy Roberts, executive director of the Outdoor Industry Association (OIA), spelled out the benefits of the move of the Outdoor Retailer show to Denver, including shifting the dates to the front end of the ordering cycle, significantly reduced booth rates and less travel for the industry with the combined Winter Show.

Hobie Hires Backbone Media

Hobie, the leading manufacturer of personal watercraft products, has hired Backbone Media as its public relations agency of record.

Nike Partners With European Soccer Social Network

Tonsser, a startup that offers a vertical social network aimed at youth soccer players, has signed on Nike as its first brand channel partner, according to a report from TechCrunch.

QVC To Merge With HSN

Liberty Interactive Corp., the parent of QVC ,announced that they have entered into an agreement whereby Liberty Interactive will acquire the 62 percent of HSNi it does not already own in an all-stock transaction.

Wiivv Launches Employee Wellness Program

Wiivv Wearables Inc., a Vancouver and San Diego-based consumer technology company that creates custom-fit footwear products through an app, has launched an Employee Wellness program for workers on their feet, following a successful pilot program with the Pacific Northwest’s renowned North Shore Rescue team.

American Whitewater Urges EPA To Protect Clean Water

“Paddlers know that healthy rivers attract and inspire new businesses, revitalize communities and create boons to public health, fitness, and happiness,” said Evan Stafford of American Whitewater.

The Buckle’s June Comps Slide

The Buckle Inc. announced that comparable store net sales for the five-week period ended July 1, 2017 decreased 5.8 percent.