SGB Update

Dick’s Grand Opening in Chesapeake, VA

Dick’s Sporting Goods will be opening a new Dick’s Sporting Goods and Field & Stream store on Friday, August 26 at Greenbrier Square in Chesapeake, VA.

Gaia Gains Subscribers, Sees Q2 Loss

Health and wellness media company, Gaia, Inc., which recently sold off its Gaiam fitness products business to Sequential Brands Group, Inc., reported its first-ever quarter results, solely concentrating on the continuing media side of its business.

Johnson Outdoors’ Sales Impacted By Tent, Diving Declines

Johnson Outdoors Inc. reported lower sales and earnings for its fiscal third quarter, ended July 1, 2016, as double-digit profit growth for the company’s fishing and watercraft recreation businesses could not offset slumping tent sales at large retailers and a one-time, non-cash, goodwill impairment charge in its diving segment.

I9 Sports Signs New Franchise Agreements

I9 Sports signed three new franchise agreements to accelerate the company’s growth nationwide and bring its youth sports leagues to communities in Texas and Florida.

Asics Sales Slide in First Half

Asics Corp. reported sales in the first half ended June 30 slid 5.0 percent to ¥210.7 billion. Operating income declined 8.8 percent.

Vail Resorts to Buy Whistler Blackcomb

Vail Resorts Inc. is buying North America’s and Canada’s largest ski area, Whistler Blackcomb Holdings, for CAD$1.4 billion ($1.06 billion).