SGB Update

Astral Bulks Up Sales Team

Astral, a footwear and paddle sport safety gear company based in Asheville, NC, brought on sales representation for the Texas, Oklahoma, Louisiana and Arkansas (TOLA), Midwest and Mid-Atlantic territories.

Smith & Wesson Loses Army Bid

The U.S. Army told Smith & Wesson its proposal to replace the Beretta M9 standard sidearm was not chosen “to advance to the next phase of the competition,” the firearms maker disclosed in an SEC filing.

Giant Snags Profitability Award At Interbike

The award, which is made by the National Bicycle Dealer Association, measures a bike brand’s initial mark-up, inventory turns and realized profit margins.

Rack Room Charity Campaign Exceeds $1 Million Goal

The money raised by Shoes That Fit will be channeled through local school liaisons who will identify students and school systems in need, while also coordinating the distribution of new footwear.

Northside Expands Distribution To China

Among the reasons the footwear brand expanded its availability to China is the country’s burgeoning outdoors market, which continues to see an elevated interest in family outdoor activities.

Salming Signs Top Tier Squash Player

The Swedish squash brand signed Ramy Ashour to a collaboration that involves the Egyptian squash player wearing Salming shoes and apparel.

Board Retailers Association Appoints Chairman

Having previously served as co-chair from 2011-14, Bruce Cromartie of BC Surf and Sport will take the reins of the trade organization for the 2017 term. President Mike Duncan will step down.