SGB Update

Dorel Sports Q1 Revenues Slip 1.1 Percent

Dorel Sports’ re-structuring efforts led to improved earnings in the period, but organic sales were down 9.9 percent excluding foreign exchange fluctuations and the change in Cycling Sports Group (CSG) International’s business model to a distribution platform.

Callaway Golf Hikes Guidance On Strong Q1

Said Chip Brewer, president and CEO of Callaway Golf Company.,”Business around the globe remains very strong with all major regions reporting sales growth and market share gains. And our new business ventures, namely the apparel joint venture in Japan and the recently acquired OGIO business, are performing ahead of plan.”

Lonzo Ball Launches Signature Shoe Independently

Lonzo Ball, expected to be a top-three pick in the upcoming NBA draft, has independently come out with his own shoe, the ZO2 by Lonzo Ball. His signature model costs $495 a pair.

Keen Unveils New Website

The new website connects the Keen community’s passion for the outdoors through a new e-commerce destination that engages fans through rich content and storytelling across its Outdoor, Utility and Kids businesses.

Gildan Sees Record First Quarter

“Despite an environment where we continue to see mixed market conditions, including the impact of store closings, we believe our performance during the first quarter positions us well to deliver on our previous guidance for the full year,” EVP and CFO Rhodri J. Harries said during a conference call.

TYR Partners With DelMoSports

TYR will become the Official Swim Partner for the 2017 events including the Escape the Cape Triathlon, Atlantic City Triathlon, Tri the Wildwoods Triathlon, 5k and Kids’ Race, Ironman 70.3 Atlantic City, and Escape to Lewes Open Water Swim.

LifeStraw Appoints Head Of Marketing

Matt DeWitte brings more than 15 years of experience with consumer brands including Boxed Water is Better, Dansko, Ford Motor Company, L.L. Bean, Timberland and Wolverine Worldwide brands including Chaco and Merrell.

Sequential Brands Sees Q1 Sales Climb 16 Percent

Sequential Brands Group Inc. reported total revenue for the first quarter ended March 31, 2017 increased 16 percent to $39.4 million, compared to $34.0 million in the prior year quarter.

Adidas Q1 Boosted By North America, China, E-Commerce

Adidas AG reported earnings jumped 30 percent in the first quarter. Results were paced by an 18 percent increase at brand Adidas on a currency-neutral basis as well as a 13 percent increase at the Reebok brand. Combined sales of the Adidas and Reebok brands grew in all market segments except Russia/CIS. Growth was particularly strong in North America (+31 percent), Greater China (+30 percent), Japan (+21 percent) and MEAA (+15 percent).