SGB Update

Xenith Partners To Title Sponsor Prep Kickoff Classic

The Detroit Sports Commission (DSC) appointed Xenith, a Detroit-based football helmet and equipment manufacturer, the official title sponsor of the Prep Kickoff Classic, the premier season-opening high school football event in Michigan.

Descente’s Sales Slip In Year

Descente Ltd. reported sales in its year ended March 31 declined 3.1 percent, although its flagship Descente brand grew.

Perry Ellis Q1 Tops Guidance

Perry Ellis International reported earnings and sales both exceeded internal guidance in the first quarter with “particular strength in Golf Lifestyle Apparel and Nike Swim.”

Hibbett Sports’ Q1 Profits Slide

Hibbett Sports Inc. reported earnings in the first quarter slumped 25.1 percent as same-store sales decreased 4.9 percent. Earnings landed at the high end of guidance provided on April 27.

Leatt Reports Best First Quarter Since Inception

“Based on our strong start and our growing catalogue of innovative products, we believe that 2017 will be an important year in terms of revenue growth and increased shareholder value,” said CEO Sean Macdonald.

Ralph Lauren Hires President And CEO

Patrice Louvet, formerly group president, global beauty at Procter & Gamble, has been named president and chief executive officer.

Varsity Brands Hosts School Spirit Awards

The event, presented by BSN Sports, Varsity Spirit and Herff Jones, recognizes schools, school groups and individuals who go the extra mile to build school pride, student engagement and community spirit.

Surftech Names Jeramie Vaine As Team Manager

Surftech appointed professional SUP athlete Jeramie Vaine as team manager for the company’s international team of ambassadors. Vaine will also manage Surftech’s sister company NSP’s North American Roster.