SGB Update

Escalade’s Q2 Sales Expand Double Digits

Escalade Inc. reported net sales for the second quarter of 2016 of $48.5 million, or 10.7 percent higher compared to net sales of $43.8 million for the same quarter in 2015.

Zumiez’s Comps Dip In July

Zumiez Inc. reported same-store sales slid 2.9 percent in July compared to a sales decrease of 7.6 percent in the year-ago period.

Iconix’s Revenues Ease 2 Percent

Iconix Brand Group, Inc. reported operating income slid 8 percent in the second quarter while licensing revenue dipped 2 percent.

SAFETY RECALL: Basis Peak Watches Overheating

Basis, a health tracker brand owned by Intel Company, issued a safety recall of all its Basis Peak watches, recommending consumers stop wearing the devices immediately as they can overheat and burn or blister the skin surface.

Lew’s Hires Western VP of Sales

Fishing company Lew’s has hired industry veteran Terry Pederson to serve as vice president of sales for the western United States, beginning Sept. 12.

Alchemy Equipment Appoints North American Distributor

Alchemy Equipment, a New Zealand-based urban/outdoor clothing and luggage company, has joined forces with Partners Growth in Toronto, Ontario for distribution and representation in the U.S. and Canada.