SGB Update

Under Armour to Sell to Kohl’s

Under Armour revealed plans to start selling to Kohl’s starting in 2017 as well as open a mega-store in the famed FAO Schwarz flagship on New York City’s Fifth Avenue as early as 2018.

Ibex Partners with The Renewal Workshop

Ibex Outdoor Clothing announced themselves as a founding brand partner of The Renewal Workshop to refurbish Ibex’s “unsellable” returns and excess inventory, beginning in fall 2016.

Edelrid Announces Amazon Partnership

Announced July 26, 2016, EDELRID recently formed an exclusive retail partnership with NetRush of Vancouver, WA, a strategic agency that specializes in brand management on the Amazon marketplace.

Blizzard / Tecnica Announce Team Changes

Blizzard/Tecnica announced on July 25, 2016 that Dana Greenwood will be the principal sales representative for Blizzard/Tecnica alpine products in New England and Charlie Hepburn has been promoted to principal sales representative in California and Nevada effective August 1, 2016.

24 Hour Fitness Launches Team USA Bootcamp

24 Hour Fitness announced on July 26, 2016 that they will introduce a Team USA Bootcamp into all club markets next month, as the Rio 2016 Olympic Games begin.

Wolverine Worldwide Exceeds Q2 Guidance

Wolverine World Wide, Inc. (NYSE: WWW) beat guidance for the second quarter ended June 18 by reporting revenue declined 7.4 percent to $583.7 million.

Shimano Reports Weak 1H

A strong yen, stubbornly high bicycle inventories in the U.S. and slowing consumer spending in China led to weaker results at Shimano Corp. in the first half.

Smith & Wesson to Acquire Crimson Trace

Smith & Wesson Holding Corp. signed a definitive agreement to acquire Crimson Trace Corporation, a leader in laser sighting systems and tactical lighting for firearms, for $95.0 million.