SGB Update

Skechers Q3 Earnings Jump on 31 Percent Sales Gain

With double-digit increases in its domestic and international wholesale businesses and an 11 percent comp gain globally, Skechers USA, Inc. reported third-quarter earnings jumped 90.4 percent to $51.1 million, or $1.00 a share, exceeding Wall Street&#8217

Electrobike Opens First US Shop in California

ElectroBike has opened its first store in the United States in Venice, CA through Curbside Commuter, a new U.S. division it established after two years of successfully expanding in its native Mexico…

SIA Releases State of the Industry Video Series

SnowSports Industries America has released its State of the Industry Video series reviewing the 2013/14 snow sports season, which was marked by $3.6 billion in sales and extraordinary weather patterns…

Deckers Brands Q2 Revenues Climb 24 Percent

Deckers Brands reported sales increased 24.2 percent in the second quarter ended Sept. 30, to $480.3 million compared to $386.7 million for the same period last year. Sales grew 23.8 percent for Ugg, 14.9 percent at Teva and 3.2 percent at Sanuk. Earnings

L.A. Gear Announces Brand Relaunch with TYGA

L.A. Gear is returning in stores for Spring 2015 with the re-launch of L.A. Gear “Originals” line with creative brand advisor, trendsetter and multi-platinum recording artist, TYGA. Like past collections, the re-launch will continue to merge t

West Marine’s Q3 Earnings Slide 25 Percent

West Marine reported net revenues were $196.5 million, an increase of 1.6 percent compared to last year. Comparable store sales increased by 0.6 percent. Earnings slumped 24.6 percent to $4.9 million, or 20 cents a share, from $6.5 million, or 26 cents, a

Softgoods, Suunto and Precor Propel Amer Sports to Solid Q3 Growth

Amer Sports revenues grew 6.0 percent currency-neutral in the third quarter as strong sales of Arc'teryx apparel and Salomon footwear and growing momentum at Precor/Fitness and Suunto/Instruments more than offset flat sales of ski and snowboard gear

Pro Nine Sports Acquired by Private Investor

Pro Nine Sports, Inc., a wholesaler of high-performance baseball and softball sporting goods including balls, helmets, catcher's gear, bats, and field equipment, was acquired by a private investor…

Modell’s to Open Store in Shirley, Long Island

Modell’s Sporting Goods, celebrating its 125 year anniversary, will hold a grand opening for its newest location at 1019 Montauk Highway in Shirley, Long Island, bringing their total to 157 storefronts…

Nike Brings Out Stars to Showcase Women’s Push

Nike Inc. brought out 27 of its top athletes to New York City to showcase a breadth of performance and lifestyle products as well as digital services as the company continues to accelerate growth within its women’s business…