SGB Update

Survey: Inactivity Pandemic Impacting Industry Revenue

According to a recent survey by PHIT America of more than 50 leaders in the sports, health, and fitness industries, more than 90 percent agree that the ‘Inactivity Pandemic’ is an issue that’s having negative side effects on the sports i

White Sierra Hires New Sales Leadership

White Sierra, the outdoor sportswear and outerwear company, hired Chris Elkins as EVP of sales and operations, and Nick Schwartz as VP sales, to drive sales, further integrate the rep force with the brand and spearhead new initiatives as the company expan

Eagles Nest Outfitters Launches New Website

Eagles Nest Outfitters launched a new smartphone-friendly Web site featuring a virtual hangout called 'Enopia,' and much rich content including video set up instructions for its packable hammocks and hammock accessories…

Spy Inc Resumes Growth in Third Quarter

Spy Inc. reported third quarter sales grew by $800,000, or 8.1 percent in the third quarter thanks to strong goggle sales and continued growth of its prescription frames. Gross margin increased 70 basis points to 49.2 percent…

Descente Ups FY15 Guidance on Strong Asian Sales

Descente Ltd. raised its guidance for fiscal 2015 after reporting big profit gains in the six months ended Sept. 30 as growth in South Korea and other parts of Asia offset a decline in its native Japan and drove up sales 13.8 percent. In North America, wh

Phoenix Footwear Sees Double-Digit Q3 Revenue Gains

Phoenix Footwear Group, Inc., the parent of Trotters and SoftWalk, reported sales from continuing operations for the third quarter increased $794,000 or 14.3 percent to $6.4 million compared to $5.6 million for the third quarter of fiscal 2013…

Rider Sandals Partners with Rock Band Surfer Blood

Brazilian footwear brand Rider Sandals has signed popular Indie rock band Surfer Blood as the newest member of its growing brand ambassador program. The band, based in West Palm Beach, Florida, embodies the Rider brand’s passion for adventure and wi

Academy Sports Won’t Open on Thanksgiving

With Macy's and Kohl's gaining some criticism for opening their stores on Thanksgiving, Academy Sports + Outdoors announced that it planned to stay closed on Thanksgiving and open at 5 a.m. on Black Friday…

Nautilus Reports 28 Percent Q3 Revenue Gain

Nautilus, Inc. reported sales for the third quarter of 2014 totaled $59.1 million, a 28 percent increase compared to $46.3 million in the same quarter of 2013. The strong growth was driven by higher sales in both the Direct and Retail segments…

Boot Barn Completes Initial Public Offering

Boot Barn Holdings, Inc. completed its previously announced initial public offering at $16.00 per share. The company sold a total of 5,750,000 shares of its common stock, which included 750,000 shares sold pursuant to the full exercise of the underwriter&

Lululemon Appoints EVP, Community and Brand

Lululemon Athletica Inc. appointed Duke Stump, formerly at Nike and Easton Sports, to its senior leadership team as executive vice president, community and brand, effective Dec. 1…