SGB Update

Yue Yuen Revenues Up 5.7 Percent Through September

Yue Yuen Industrial Holdings Limited reported operating revenue reached $6.28 billion for the first nine months of the year, up 5.7 percent from the nine month period ended Sept. 30, 2014…

Pou Sheng Growth Slows Again

Sales at Greater China’s largest distributor and retailer of branded athletic and outdoor footwear and apparel slowed again in September…

Ndamukong Suh to Open Nike Store in Nebraska

Ndamukong Suh, former Nebraska football standout and current NFL star for the Miami Dolphins, plans to open a Nike store in the former Nebraska Bookstore space in downtown Lincoln…

Zumiez’s New CEO a Blast from the Past

Tilly’s Inc. is replacing the executive who guided it through its initial public offering in 2011 with one who just led The West Seal Inc. through a Chapter 11 bankruptcy reorganization that culminated last March in its sale…

TPP Proponents Eager to See the Fine Print

While reserving judgment until they can read the fine print, the sporting goods industry's major trade associations lined up in support of the Trans Pacific Partnership (TPP) agreement reached by the United States and 11 other Pacific Rim nations in

Swiss Retailer Acquires Germany’s Sport Sperk Chain

Ochsner Sport, which is one of Switzerland's leading sport goods retailers, has agreed to acquire the German sporting goods retailer Sport Sperk, according to a report by the German news service Markt Intern…

Coghlan’s Ltd. Acquires McNett Corp.

Coghlan's Ltd., the leading outdoor accessory supplier in the U.S. and Canada, has completed the acquisition of McNett Corp., a provider of outdoor gear and accessories to recreation and defense industries. The transaction combines two market leaders

Pure Hockey Snaps Up Hockey Giant

Building on its leading position in hockey and lacrosse retailing, Pure Hockey LLC, based in Holliston, MA, acquired all of the assets and ongoing business of SportsGiant LLC., which owns the Hockey Giant chain…

Under Armour Settles Shareholder Lawsuit

Under Armour Inc. reached an agreement with shareholders who sued the firm over its plans, announced in mid-June, to create a new class of stock. The new class of stock, without voting rights, was created to ensure that founder and CEO Kevin Plank would r

Hurley Founder Resigns as CEO

Bob Hurley, who founded California surf apparel company Hurley International LLC in 1998 and sold it to Nike in 2002, will step down as CEO of the Hurley brand…

Black Diamond Pivots Again

Black Diamond Inc. sent investors another curve ball October 8 when it hinted it may use proceeds from the sale of its POC brand to get back in the acquisition game…

TJX CEO and Sierra Trading Post Champion to Retire

Carol Meyrowitz, who has championed the growth potential of Sierra Trading Post, will step down as CEO of The TJX Companies in January under a succession plan announced by the company Oct. 8…