SGB Update

SFIA Urges Action on West Coast Port Negotiations

In a letter sent to the leaders of the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA), the Sports & Fitness Industry Association (SFIA) along with other allied organizations are encouraging the ILWU and PMA t

Kavu to Open Second Retail Location in Seattle

Kavu will open a second retail location in downtown Seattle. The 1,600-square-foot store is the outdoor apparel brand's second Seattle location. Kavu opened its flagship store, Kavu World, in Ballard in 2001…

Garmin Acquires Backtracker Bike Radar

Garmin Ltd. has acquired the assets of iKubu (Pty) Ltd., a privately-held designer of computer vision and radar systems for the cycling market. IKubu was in the final stages of developing the Backtracker low-energy bike radar…

Vail Resorts Sees Healthy Ski Visits

Vail Resorts reported season-to-date total lift ticket revenue at the company's nine mountain resorts, including an allocated portion of season pass revenue for each applicable period, was up 9.3 percent compared to the prior year season-to-date peri

Lululemon Upgrades Fourth Quarter Guidance

Lululemon Athletica Inc. upgraded their revenue and earnings guidance for the fourth quarter in a complete reversal from a year ago. LULU's share price spiked on the news as did the spirits of company executives presenting at the annual ICR XChange i

Retail Holiday Sales Increase 4 Percent

Total holiday retail sales, which include November and December sales, increased 4 percent to $616.1 billion, according to the U.S. Commerce Department. The results were just shy of the National Retail Federation's projected forecast of 4.1 percent g

Canada Goose Acquires Toronto Manufacturing Facility

Canada Goose acquired a factory from one of its primary outerwear suppliers and will retrofit it to manufacture its fast growing line of HyBridge Lite jackets, which offer stretch panels and a trimmer fit favored by many outdoor athletes and enthusiasts..

SFIA Hires Health and Tax Lobbyists to Help Pass PHIT Act

In a major step forward for the Sports & Fitness Industry Association’s (SFIA) Increase Participation Plan (IPP), the association has hired the D. Major Group and West Front Strategies to assist in its lobbying efforts to pass the Personal Health In

FDRA Launches China Wage Map To Help Footwear Sourcing

The Footwear Distributors and Retailers of America (FDRA) has launched a China wage map to aid footwear sourcing and compliance professionals in their businesses. Mike Jeppesen, president of global operations at Wolverine Worldwide, said, ”The citie

US Youth Soccer Appoints CEO

US Youth Soccer announced Christopher S. Moore as its new chief executive officer. He was president and chief operation officer of GENYOUth…