SGB Update

Columbia Sportswear Reports Record Third Quarter Results

Columbia Sportswear Company reported record net sales of $767.6 million for the quarter ended Sept. 30, an increase of 14 percent, or 18 percent constant-currency terms compared with a year earlier. Sales grew in the double-digit percentage range at Colum

LCI Brands Promotes Panattoni

LCI Brands, which offers cordage, webbing, stuff sacks and other outdoor accessories under its Lewis N. Clark brand, has promoted Jen Panattoni to Director of Business Development…

Christy Sports Sells Stake to Norwest Equity Partners

Norwest Equity Partners has made a significant investment in Christy Sports, a specialty retailer of ski and snowboard equipment, apparel, and accessories. The companies closed the transaction Oct. 27…

Champion’s Sales Accelerating For Hanesbrands

Hanesbrands reported sales in its Activewear segment grew 21.7 percent in the third quarter to $516.8 million, driven by double-digit growth for the Champion brand and the acquisition of Knights Apparel, a college-licensed fan apparel business…

REI’s Black Friday Challenge Gains Traction

Recreational Equipment Inc. scored a public relations coup last week by announcing it would close on Black Friday for the first time since it was founded in 1938 so its employees and customers could spend the day outdoors…

Moosejaw Opens Pop-Up Location in Downtown Detroit

Moosejaw opened a new seasonal shop for the holidays Oct. 16 in the heart of downtown Detroit’s Woodward Avenue Retail District that features a wide assortment of The North Face and Patagonia…

Garmin’s Q3 Earnings Fall Fitness Margins Narrow

Garmin Ltd. reported revenues in its Fitness segment grew 23 percent in the third quarter ended Sept. 26 while sales in its outdoor segment slipped 5 percent. The company's consolidated adjusted earnings slid 33 percent, however, as rising R&D and ad

RECALL: 34,000 Burley Design Child Bicycle Trailers

Burley Design LLC of Eugene, OR recalled about 34,000 of its child bicycle trailers because they can separate from the tow bar when they appear to be connected, posing a crash hazard to the child in the trailer…

Lids Celebrates 20th Anniversary

Lids will celebrate its 20th anniversary alongside customers and fans alike with special in-store events across 13 markets on Nov. 3…

NASGW Announces 2015 Industry Awards and Donations

The National Association of Sporting Goods Wholesalers (NASGW) awarded optics, accessory, ammunition and firearms manufacturers who best show a commitment to the two-step distribution process, and…

Kohl’s to Open Small-format Stores

Kohl's plans to open five to 10 small-format stores measuring 35,000 square feet and 10 to 15 Fila stores in outlet malls across the country in 2016 as part of its latest initiative…

Garmin Ltd. Fitness Dilemma Overshadows Q3 Results

Garmin Ltd. reported a significant drop in margins in the third quarter ended Sept. 26 as the cost of keeping up with the Apple, Fitbit and other competitors cut deeply into profits at its fastest growing segment…