SGB Update

Under Armour’s Q4 Profits Fall Short Of Guidance

Under Armour Inc. reported fourth-quarter earnings that eased 0.9 percent and came in just shy of Wall Street’s consensus estimate. It also gave a soft revenue outlook for the current year and indicated its CFO would be leaving the company.

Denver Looking To Lure Outdoor Retailer Show

John Hickenlooper, the governor of Colorado, told the Denver Post he’d be open to working with the organizers of the Outdoor Retailer show about bringing the semi-annual trade show to Denver.

Luxottica Group Sees Sales Accelerate In Q4

Luxottica Group reported fourth quarter accelerated from the third quarter, with net sales rising 5.2 percent at constant exchange rates and 6.3 percent at current exchange rates.

Fitbit Cuts 6 Percent Of Workforce Amid Q4 Shortfall

Fitbit expects revenue for the fourth quarter of 2016 to be in the range of $572 million to $580 million, compared to the company’s previously announced guidance range of $725 million to $750 million.

Under Armour Selling First Apparel Made In The U.S.

Under Armour released its first collection of apparel made in the U.S. and out of UA Lighthouse, the Brand’s state-of-the-art innovation center for design and manufacturing in Baltimore.

REI Adventures Launches Women’s Adventures Collection

REI Adventures is launching a collection of 19 Women’s Adventures in Africa, Europe, Latin America, New Zealand and North America. In addition, REI Adventures is expanding its cycling offerings into fully supported mountain bike trips and growing its Signature Camping itineraries in Africa and Latin America.

Vicis Adds NFL Mom To Coalition

Vicis, the startup football helmet maker, has added Lisa Ertz, the mother of NFL tight end Zach Ertz, to its coalition of advisors.