SGB Update

Arc’Teryx Leases Retail Space in Minneapolis

Arc’teryx, which recently announced plans to launch its first line of footwear, has leased space for a store in uptown Minneapolis for what would be its second brand store on U.S. soil, according to reports by local media…

Hibbett Sports Lowers FY 2015 Earnings Estimate

Hibbett Sports Inc. lowered its earnings forecast for fiscal 2015 by roughly 5 percent Thursday based on preliminary estimates of results for the 13-week period ended Aug. 2…

CODI Agrees to Acquire Environmental Services Firm

Compass Diversified Holdings will not reinvest proceeds from its recent sales of Fox Factory stock into another outdoor lifestyle brand. The company announced Thursday that its next acquisition will be an environmental services company…

MANU Prices Secondary Offering at $17 a Share

Red Football LLC has increased the number of Manchester United plc shares that it will offer to the public by half and priced the shares at $17.00, according to the publicly traded UK football club…

OIA Advocates Full Support of Land and Water Conservation Fund

Outdoor Industry Association (OIA) announces that more than 85 companies have signed on to a letter urging Members of Congress to support full, dedicated funding and reauthorization of the Land and Water Conservation Fund (LWCF)…

Glazer Family to Earn $200 Million From MANU Stock Offering

Adidas and Nike are not the only soccer brands hoping to leverage lingering U.S. excitement over the 2014 World Cup. The Glazer family disclosed Wednesday that it had upped the amount of Manchester United plc stock it would sell to the public next week by

Shimano Reports Q2 Sales Grew in Mid-Teens

Shimano Corp. reported sales rose 15.5 percent to ¥80.6 billion ($789 mm) in the second quarter ended June 30 as an improving economies in the U.S. and Europe overcame weaker-than expected sales in Japan…

Fox Factory Reports 7.4 Percent Increase in MTB Products Sales

Fox Factory Holding Corp. reported sales increased 22.8 percent to $86.4 million in the second quarter ended June 30, exceeding its high-end guidance. Sales for powered vehicle and mountain bike products increased 52.6 and 7.4 percent respectively, enabli

Zumiez July Comps Grow 3.5 Percent

Zumiez Inc. announced that total net sales for the four-week period ended Aug. 2, 2014 increased 11.9 percent to $62.8 million, compared to…

Wolverine to Relocate Lexington Offices

Wolverine Worldwide Inc. will relocate its Lexington-based Sperry Top-Sider, Saucony, Keds, and Stride Rite footwear brands to the 10 CityPoint project that Boston Properties is developing in Waltham, according to the Boston Globe…