SGB Update

Tilly’s Traffic Weakness Continues in Q2

Tilly's didn’t offer any surprises in reporting a sharp drop in second-quarter earnings but did when it offered a profit outlook for the current quarter that missed Wall Street's expectations. In the quarter, profits tumbled 70.3 percent t

RSG Appoints Run On! Founder as Advisor

The Running Specialty Group (RSG), the run specialty chain owned by The Finish Line, has appointed Bob Wallace, the former founder of Run On!, as senior adviser, strategic initiatives. The hiring follows a continuing upheavel in RSG’s management…

Genesco Cuts FY Guidance on Weak Q2

Citing weakness at its Lids Sports Group, Genesco Inc. reported earnings on an adjusted basis fell 39.4 percent in the second quarter. It also sharply reduced its EPS guidance for the year due to continued erosion at Lids for the balance of the year. Comp

RSG Appoints Senior Advisor, Strategic Initiatives

The Running Specialty Group (RSG), which is owned by The Finish Line, Inc., has appointed Bob Wallace as senior adviser, strategic Initiatives. Wallace will focus on strategic planning, operational excellence and being an ambassador to the running communi

FIFA and US Soccer Organizations Sued Over Concussion Policies

A class action complaint on behalf of current and former soccer players has been filed against the FIFA, the sport's international governing body, along with other U.S.-based soccer associations, for the alleged failure to adopt effective policies to

National Trails Day Participation Nears 150,000

The American Hiking Society estimated that more than 144,000 Americans hit the trail on June 7 to participate in National Trails Day, its annual celebration of America’s magnificent trail system…

Industry Nine Taps Reynolds Cycling to Builld Rims

Industry Nine, an innovative wheel, hub and component company based in the heart of the Blue Ridge Mountains of North Carolina, has selected carbon-fiber wheel specialist Reynolds Cycling to manufacturer the rims for its PillarCarbon series of mountain bi

Pacific Sunwear Logs Q2 Loss

Pacific Sunwear of California reported that adjusted for special items it showed a loss from continuing operations of $1.8 million, or 3 cents a share, as compared to income from continuing operations of $1.6 million, or 2 cents, for the same period a yea

Billabong Reports $233.7 Million Loss for Fiscal 2014

Billabong International Limited lost $233.7 million in the fiscal year ended June 30 compared with a loss of $859.5 million in fiscal 2013, but has resumed growing in the United States for the first time in years, the company reported…