SGB Update

Camber Outdoors, BPSA Reveal BLC Scholarship Winners

Now in its third year, the scholarship program brings new and emerging leaders to the Bicycle Leadership Conference, with a focus on individuals working at bike suppliers and manufacturers as well as industry sales representatives.

New Mexico Expresses Interest In Outdoor Retailer

Senator Martin Heinrich wrote a letter that stated: “As you solicit proposals for a new venue to host the Outdoor Retailer trade show, I would urge you to give strong consideration to the state of New Mexico.”

Technogym Joins Forces With IBM

The goal is to create a “human-like” virtual coach able to interact with people using natural language.

SFIA Reports Modest Growth In U.S. Wholesale Shipments

Results of the 2017 SFIA Manufacturers’ Sales by Category Report detail a 2 percent increase overall in the combined categories of sporting goods and fitness equipment, sports apparel, athletic footwear and licensed products.

Adidas Bangs Out 14 Percent Growth In Q4

Adidas reported fourth-quarter sales increased 14 percent on a currency-neutral basis, led by an 18 percent. Combined currency-neutral sales for the Adidas and Reebok brands grew at double-digit rates in key market segments such as North America (29 percent), Greater China (25 percent), Latin America (22 percent) and and Western Europe (12 percent)

Adidas Expands 2020 Growth Targets

Adidas now expects currency-neutral sales to increase at a rate between 10 percent and 12 percent on average per year between 2015 and 2020, up from high-single-digit growth previously. The company also added five more pillars – Corporate Culture, Digital, One Adidas, North America and Portfolio – to drive growth.

RECALL: L.L.Bean Snowshoes

About 3,000 adjustable snowshoes from L.L.Bean are being recalled because the plastic material can weaken and break, posing a fall hazard.

Firearms Background Checks Slide Again

Federal background checks fell for the third month in a row in February. Background checks were down 14.5 percent to 2.23 million versus year-ago levels in the month. In January, checks were down 19.7 percent to 2.04 million. In December 2016, checks were down 16.4 percent to 2.77 million. The decline is being attributed to […]

Adidas Appoints CFO

Harm Ohlmeyer, most recently SVP digital brand commerce, has been appointed to the executive board as ordinary member with immediate effect and as CFO of Adidas AG, effective May 12.

NSGA Opposes Border Adjustment Tax

The National Sporting Goods Association has added its name to the list of leading organizations and businesses that oppose passage of the Border Adjustment Tax.