SGB Update

Nordstrom Reports Q3 Comp Increase of 0.9 percent

Nordstrom Inc. reported its third quarter performance came in below company expectations, reflecting softer sales trends that were generally consistent across channels and merchandise categories…

Mark Parker Named Fortune’s Businessperson of the Year

Fortune magazine named Nike Inc. CEO Mark Parker its 2015 Businessperson of the Year. Other sports executives were honored by the magazine and their rank of its list included Morris Goldfarb, CEO, G-III Apparel, 26; Kevin Plank, Under Armour's CEO, 3

FGL Sports Q3 Comps Jump 7 percent

Canadian Tire Corp. reported same-store sales at FGL Sports grew 7 percent in the third quarter. Comps at Sport Chek jumped 8.5 percent. Canadian Tire's overall earnings expanded 23.4 percent…

Vista Outdoor Sees Organic Growth in Fiscal Q2

Vista Outdoor Inc. reported sales grew 5 percent in the fiscal second quarter with 2 percent coming from organic growth and the balance from the recently acquired Jimmy Styks and CamelBak brands…

Implus Hires Verde Brand Communications

Implus, parent company for several brands including Yaktrax, ICEtrekkers, Sneaker Balls, Sof Sole and DryGuy, recently signed Verde Brand Communications as its official brand communications agency…

Leatt Swings to Q3 Profit on Earlier Shipments

Leatt Corporation, the motorsports brand trying to break into the U.S. cycling market with a new line of helmets, turned a profit on a 34 percent increase in sales in the third quarter ended Sept. 30, 2015…

US Customs Seizes Bogus Pro Soccer Jerseys

U.S. Customs and Border Protection seized 5,383 pieces of counterfeit soccer apparel near Washington Dulles International Airport on Nov. 2. The haul included…

SCARPA N.A. Fills Sales Operations Position

SCARPA North America has hired Josh Kerns as sales operations manager to coordinate sales, operations, and warehouse divisions, oversee the customer service and direct sales teams, and be a liaison with key accounts…

Mizuno USA Partners with Cardio Sport

Mizuno USA Inc. and Cardio Sport entered an exclusive partnership with the goal of enhancing the athletic experience for current and future fitness enthusiasts…

Report: Bass Pro Shops Casting to Buy Cabela’s

Bass Pro Shops is working with an investment bank on a potential offer for Cabela’s Inc., according to Reuters. At the same time, Cabela's has also recently begun to explore its options and has also reached out to private equity firms to solici

WSS Appoints Rick Mina as President

WSS, the urban specialty California-based neighborhood footwear retailer, appointed Richard (Rick) Mina, a former executive at Foot Locker Inc., as its president…