SGB Update

Stride Rite Launches Shoe Donation Campaign

Stride Rite, working in concert with The Little Gym, is anticipating a donation of tens of thousands of shoes to benefit Soles4Souls, the international charity that collects shoes and distributes them to people in need around the globe…

SFIA Announces Class of 2014 Future Industry Leader Scholars

Five exemplary young sports and fitness professionals have been named to the class of 2014 Future Industry Leaders Scholarship Program, the Sports & Fitness Industry Association (SFIA) announced. The class included employees from Evoshield, Adidas, Rawlin

RECALL: 715 Orbea Road Bikes

Avant Bicycles is recalling 715 of its bicycles and carbon frame sets because of a front fork that can crack and pose a fall hazard…

Germany’s Zalando.com Preparing for IPO

Zalando, Europe's leading online retailer of footwear and fashion, announced plans for an initial public offering on the Frankfurt Stock Exchange in coming weeks. The rapidly growing retailer plans to float 10 to 11 percent of its shares for about $6

iHunt App Joins Altus Family

Altus, headquartered in Grawn, Michigan, has acquired iHunt, an app that features high-quality animal and hunting calls with no audio noise…

PVH’s Q2 Revenues Climb 4 Percent

PVH Corp., the parent of Speedo, reported second-quarter earnings rose 8.7 percent to 125.5, or $1.51 a share, topping its guidance between $1.40 to $1.45. The company, which also owns Calvin Klein and Tommy Hilfiger, reaffirmed its full year non-GAAP EPS

Luxottica Moving to Dual CEOs in Wake of Guerra’s Departure

Luxottica Group S.p.A., which owns the Oakley and Ray-Ban sunglasses brands and Sun Glass Hut, parted ways with CEO Andrea Guerra Monday and unveiled a new management structure based on a co-CEO mode. Under the new model, one CEO focuses on Markets and th

Durant Spurns Under Armour to Return to Nike

According to multiple reports, Nike signed NBA star Kevin Durant to a 10-year contract potentially worth about $350 million. Durant, the NBA's reigning most valuable player, had reportedly reached a tentative deal with Under Armour on a 10-year contr

Golf Rounds Pick Up in July

According to Golf Datatech, golf rounds played on a national level were up 1.1 percent during July compared to July 2013…

OIA Appoints VP of Marketing and Communications

The Outdoor Industry Association announced that Jennifer D. Pringle has been chosen as its new vice president of marketing and communications. Most recently she served as a partner with 4Leaf Partners…

Kering Partners with Safilo to Bring Eye Wear Business In House

Kering SA of France and Safilo Group Spa of Italy are extending their partnership until 2020. Under a new agreement, Kering will pay $118 million to buy out the last two years of Safilo's Gucci license and enter a new four-year supply agreement start