SGB Update

Adidas Group Sales Up 10 Percent in Q2

Adidas Group revenues increased 10 percent on a currency-neutral basis in the second quarter ended June 30, driven by double-digit sales increases in Wholesale and Retail. All regions contributed to the currency-neutral revenue growth, despite the rapidly

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…

Head NV’s Diving Sales Resurface in Second Quarter

Head NV reported sales were up 2.5 percent in the first quarter ended June 30, driven primarily by a rebound in its Diving business. The Dutch company reported Diving sales increased 8.1 percent, Sportswear 4.5 percent, Winter Sports 1.7 percent and Racqu

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…

FGL Sports Sustains Impressive Comps Growth in Q2

FGL Sports saw retail sales increase 13.7 percent and same store sales grow 8.2 percent in the second quarter compared with the same period last year. The growth reflected strong growth across key categories and banners, including Sport Chek, where same-s

Mizuno Reports Fiscal Q1 Sales Declined in Currency Neutral Terms

Mizuno Corp. reported revenue in its first quarter ended June 30 reached ¥46.1 billion ($451 mm), up 1.9 percent compared with the same period in the previous fiscal year as running offset a poor golf performance. Operating profits were down 20.1 percent.

Mizuno Shows Modest Q1 Revenue Gain

Mizuno Corp. reported revenue in its first quarter ended June 30 reached ¥46.1 billion ($451 mm), up 1.9 percent compared with the same period in the previous fiscal year as running offset a poor golf performance. Operating profits were down 20.1 percent.

Callaway Golf Launches Stock Buy Back Program

Callaway Golf Company’s board of directors authorized a plan to spend $50 million buying back its common stock, which has fallen about 10 percent since the company reported second quarter results…

Sequential Brands Grows Second Quarter Revenues

Sequential Brands Group, Inc., which expects to add Avia, AND1 and Nevados to its brand portfolio by year end, reported revenue of approximately $7.0 million for the second quarter ended June 30, compared to approximately $4.3 million in the prior year qu

Evolv Lands New Investor, Grants Sharma Equity

Evolv Sports & Designs has landed an equity investment from the same investment group that owns Royal Robbins. Evolv also granted an equity stake to profession rock climber Chris Sharma, who has helped design the company's climbing shoes…

NSGA Opens Nominations for 2015 All-Star Awards

The National Sporting Goods Association has opened the nomination process for its 2015 All-Star Awards. The fourth annual All-Star Awards will recognize the most outstanding accomplishments and contributions made within the Sporting Goods Industry…

E-Commerce Guru to Keynote SFIA Summit

Noted eCommerce authority Keith Anderson (Vice President, Strategy & Insights, Profitero, Inc.) will deliver the retail keynote at the 2014 SFIA Industry Leaders Summit. The Summit, presented by Electronic Transaction Systems (ETS) Corp., will be held Sep