SGB Update

Bandier Adds P.E. Nation Activewear

Bandier, a curated activewear boutique retailer, sealed an exclusive collaboration with P.E. Nation, a new fashion-forward workout wear brand.

Performance Sports Group Files For Bankruptcy

Performance Sports Group Ltd, parent to Bauer Hockey, filed for bankruptcy protection in the U.S. and Canada to facilitate a restructuring and sale of almost all of its assets.

Acushnet Debuts In Modest IPO

The parent of Titleist raised $329 million in its initial public offering of 19.3 million shares. The shares were priced Friday at $17, well below the projected pricing range between $21 to $24 per share.

Patagonia To Close On Election Day

Patagonia will close all of its retail stores, its headquarters and its distribution and customer service center on Election Day to encourage customers, employees and citizens to head to the polls.

Nike Launches Footwear Design Challenge

The Nike Ease Challence is a $50,000 competition that invites designers, engineers, makers and innovators to advance and reinvent footwear design for athletes of all abilities.

Escalade’s Q3 Earnings Climb

Excluding non-recurring items, earnings improved 45 percent due to a 12 percent sales gains and lower expenses.

Thule Group’s Americas Sales Fall

The company’s sales in the region fell 8.8 percent in currency-neutral terms, due primarily to the bankruptcies of two U.S. retailers and cautious ordering by bicycle dealers.

Newell Brands Core Sporting Goods Sales Drop In Q3

Pro forma core sales, which exclude the Winter Sports business that is held for sale, declined 3.2 percent compared with prior year, with growth in Pure Fishing more than offset by declines in Coleman

Survey: More Americans Plan Sporting Good Holiday Gifts

According to a recent survey from the National Sporting Goods Association (NSGA), 59 percent of Americans plan to purchase sporting goods as a gift this holiday season, up 8 percentage points versus a year ago.

Clarks Americas Moves Headquarters To Waltham

The headquarters is located in the historic Polaroid building, and will further Clarks’ substantial growth and proven leadership in the footwear industry as the company continues to expand globally and refine operations within the region.