SGB Update

Modell’s Opens 4th Location In Brooklyn

The retailer’s 161st location follows the opening in the last week of an elevated location at 51st & 3rd in Manhattan as well as two stores in New Jersey in Bloomfield and Cherry Hill.

Nidecker Group Acquires Flow Snowboarding

Flow is the third largest brand of bindings and the fifth largest brand of boards, boots, bindings in America. Nidecker Group reportedly becomes the third largest snowboarding company in America behind Burton and K2 Sports.

Judge Blocks New Overtime Rule

The new rule, which would have qualified millions more Americans for overtime pay, including many working retail in the active lifestyle industry, now stands on shaky ground.

Sessions Team Welcomes Phil Hansen

The Portland-based outerwear manufacturer added the snowboarder and skateboarder to its team, which also includes Scotty Vine, Jesse Paul, Ryan Paul, Nick Geisen and Ryland West.

Billabong Sees Earnings Decline In First Half

Earnings for the fiscal half ended December 31 are expected to decline “substantially” due to inclement weather in Australia and Europe as well as the impact of the bankruptcy of Pacific Sunwear.

Amazon Bids For Live Sports Streaming Rights

Amazon, the kingpin of online retail, is purportedly vying for live broadcasting right for various team sports leagues including the NBA, NFL, MLB and MLS, according to a report from The Wall Street Journal.