SGB Update

Performance Sports Group Reports 15 Percent Organic Sales Growth

Performance Sports Group Ltd (PSG) reported revenues in the fiscal fourth quarter ended May 31 increased 30 percent to $112.9 million compared to $86.7 million in the same year-ago quarter. Organic sales, or sales excluding recently acquired Easton Baseba

The Golf Group Reports on Latest Counterfeit Raid in China

The U.S. Golf Manufacturers Anti-Counterfeiting Working Group reported that raids by Chinese law enforcement resulted in the seizure of almost 62,000 counterfeit golf products from two factories in the last two months…

Mammut Says Mild Winter Dragged Down 1H Growth

Mammut increased net revenue by 3.4 percent to CHF 103.6 million in the six months ended June compared the first half of 2013, as the mild winter in central Europe dragged on growth in the rest of Europe, the Americas and Asia..

Ballmer Closes on Acquisition of L.A. Clippers

Former Microsoft CEO Steve Ballmer closed on his acquisition of the Los Angeles Clippers Tuesday from The Sterling Family Trust after a court ruled disgraced former owner Donald Sterling had been properly removed as a co-trustee by his wife…

ICSC Foresees 4-5 Percent Increase in August Chain Store Sales

The International Council of Shopping Centers (ICSC) and Goldman Sachs Weekly Chain Store Sales Index increased 3.2 percent for the week ending Aug. 9 – relative to the prior year and is expected to grow 4-5 percent for the month…

Ever-Glory Sales Surge in Second Quarter

Ever-Glory International Group, Inc. reported sales surged nearly 45 percent in the second quarter ended June 30, 2014 on strong demand from western apparel brands and rapid growth at its own retailing business in the PRC…

Icebreaker Names New General Manager or Europe

Icebreaker has named Peter Ottervanger general manager for Europe, where he will oversee wholesale, retail and e-commerce sales representing 45 percent of Icebreaker’s global sales, and the supporting operations and customer service teams…

Top Executives Announced as Speakers for SFIA Summit

The Sports and Fitness Industry Association announced that the latest confirmed speakers for the 2014 SFIA Industry Leaders Summit include Jordan Brand President Larry Miller, NCAA President Mark Emmert, and Facebook Head of Sports Brands and Sport Retail

Grassroots Outdoor Alliance Names Wes Allen President

Grassroots Outdoor Alliance named Wes Allen as its new president. A former national sales manager for Chaco and co-owner of Sunlight Sports in Cody, WY, Allen will start in his new position Sept 1…

L.C. Industries Creates Two New Positions

L.C. Industries, Inc. has added the new positions of director of marketing and designer and filled them with hired Jen Panattoni and Brittney Hopgood respectively…