SGB Update

Toms Looks to Boost Growth with Bain Capital Sale

Toms, best known for its one-for-one model that donates a pair of shoes to a needy child for every pair it sells, agreed to sell half of itself to private-equity giant Bain Capital LLC to fund an expansion of its operations in the U.S. and overseas…

Foot Locker’s Q2 Earnings Soar on 7 Percent Comp Gain

Foot Locker, Inc. reported net income for the company's second quarter ended Aug. 2 jumped 43 percent to $92 million, or 63 cents per share, compared with net income of $66 million, or 44 cents, last year. Second quarter comparable store sales increa

Hibbett’s Q2 Profits Dip

Hibbett Sports, Inc. reported net income slid 20 percent to $8.4 million, or 32 cents a share, compared with $10.5 million, or 40 cents, a year ago. The company had previously projected earnings would range between 30 cents and 32 cents a share. Comparabl

Christensen Arms Launches New Website

Christensen Arms, manufacturers of hunting, tactical and sport shooting firearms utilizing carbon fiber technologies, announces the launch of a complete redesign of the Christensen Arms website…

Confluence Outdoor Grows its Sales Team

Confluence Outdoor has hired new sales representatives Andrew Miller and John Jameson to cover the Mid-Atlantic/Northeast and the Gulf Coast regions and promoted longtime sales representative Matt Yablonowski to key account representative in the Central

Hibbett’s Q2 Profits Dip, Comps Trending Positive

Hibbett Sports, Inc. reported net income slid 20.0 percent to $8.4 million, or 32 cents a share. Results came in at the high-end its previously projected range between 30 cents and 32 cents provided on Aug. 8. Sales increased 4.1 percent to $193.9 million

Athleta to Reach 100 Stores in 2014

Athleta continues to benefit from the trend toward athleisure and expects to reach 100 stores by the close of the year. Acquired in 2008, the women’s performance apparel brand opened its first door in 2011 and ended 2013 with 65. It had 79 open at t

The Buckle’s Q2 Profits Dip

The Buckle, Inc. reported second-quarter earnings slid 2.3 percent to $24.5 million, or 51 cents a share, missing Wall Street’s consensus estimate of 53 cents a share…

Vestis Retail Group Completes Sport Chalet Acquisition

Vestis Retail Group, owned by funds advised by Versa Capital Management and the owner of Bob's Stores and Eastern Mountain Sports (EMS), completed the acquisition of Sport Chalet, the full-service specialty sporting goods retailer with 50 stores in t

Skratch Labs Expands Headquarters

Skratch Labs, the maker of real fruit hydration drink mixes for athletes, has moved into a bigger, brighter and bolder Boulder facility providing increased warehouse space as well as larger office areas to accommodate company growth and facilitate an awes

Back-to-School Gets Later Start

Recognizing that a number of the best deals of the summer are still to come, some families have only scratched the surface of their back-to-school shopping lists as of mid-August. According to NRF’s latest Back-to-School/College Surveys, the average