SGB Update

Sport Check Sustains Double-Digit Comps Growth in Second Quarter

Growth accelerated sharply at Canada’s largest sporting goods retailer – FGL Sports – in the second quarter thanks to continued improvement at its core Sport Chek banner, according to parent company Canadian Tire Corporation’s (CTC) earnings r

Head NV Q2 Losses Increase Amidst Weak Organic Growth

Head NV reported sales were up 2.5 percent in the first quarter ended June 30, thanks largely to the January acquisition of SSI, which offers diving certification courses and materials globally. While losses increased during the quarter, they narrowed for

Backcountry.com Fate Back in Play

Liberty Interactive Corporation is reevaluating what to do with the assets in its Digital Commerce Group, including Backcountry.com, following an agreement to sell the biggest and most profitable business in the group. LINTA reported the group, which also

Lululemon’s Wilson to Sell Half His Shares to Advent International

Lululemon Athletica inc. Founder Dennis J. (Chip) Wilson has agreed to sell half his shares in the apparel maker equal to a 13.85 percent stake of the company to Advent International for approximately $845 million. The transaction has received the full su

Reed Guanghe Splits Chinese Golf Shows

Reed Guanghe Exhibitions, together with the China Golf Association and the PGA of America, will split the China Golf Show into three separate shows starting next year. One will focus on merchandise and occur twice a year and the other will focus on the go

Tabar Merges with Fownes Brothers

Tabar, Inc., a private label technical sport glove design and production firm which has built handwear for the outdoor and sports markets for more than 32 years, is merging with Fownes Brothers & Co., Inc., a 236-year-old company in the broader cold weath

Racing Authority Meets Camping Authority

50 Campfires, an online destination for the car and family camping lifestyle, announces that they will be the primary focus on the #23 Nationwide Series Chevrolet with Rick Ware Racing at Watkins Glen International during the Zippo 200 event on Saturday,

Canadian Tire Taps Medline as Next CEO

Canadian Tire Corporation announced its president, Michael Medline, will take over the position of CEO from Steven Wetmore when he retires Dec. 1. Wetmore has agreed to remain on the board of directors in a new, non-executive position of deputy chairman.

Delta Apparel’s Q3 Earnings Slump

Delta Apparel, Inc. reported earnings fell 45 percent in the third quarter ended June 28, to $2.2 million, or 27 cents per share, from $4.0 million or 48 cents, a year ago. Revenues were down 7.6 percent to $123.5 million from $133.6 million…

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…