SGB Update

PeopleForBikes, IMBA Extend Agreement

PeopleForBikes reaffirmed its commitment to the International Mountain Bicycling Association (IMBA) with an agreement to support IMBA’s work developing mountain biking nationwide…

AAFA Delegation Wraps up DC Blitz

The American Apparel and Footwear Association (AAFA) brought more than two dozen apparel, footwear, and retail executives to Capitol Hill last week to lobby for…

Columbia’s European Footwear Sales Drive Impressive Q2 Growth

Columbia Sportswear Co. reported its once struggling European business generated nearly half its revenue growth in the second quarter, led by growth in sales of Columbia-branded lightweight hiking footwear, a category that is playing a key role in establi

Amer Sports Narrows Q2 Loss, Begins Restructuring Wilson

Amer Sports missed its second quarter sales and profit goals, in part due to charges taken at its Wilson/Ball Sports segment, where it embarked on an 18-to-24 month restructuring that is expected to significantly affect results in the back half…

Accell Says E-bikes Offset Lower Unit Sales in Q2

Accell Group N.V., which sells Raleigh, Diamondback, Lapierre and ebikes in the United States, recorded net profit increased 13 percent in the second quarter compared to a year earlier as rising sales of ebikes continued to offset a decline in traditional

Under Armour’s Momentum Continues in Q2

With a particularly encouraging performance from its footwear category and international overall, Under Armour reported second-quarter results that exceeded expectations, prompting it to sharply raise its guidance for the full year. The company took its f

Deckers Outdoor Hikes Guidance on Robust Q1 Revenues

Deckers Outdoor reported fiscal first-quarter revenues jumped 24.3 percent, coming in well above Wall Street’s targets on the strength of strong double-digit growth for Ugg, Teva and Sanuk. With its loss in the traditionally small quarter for the co