SGB Update

Adidas Reaches Agreement with Manchester United

Manchester United has reached a ten-year agreement with Adidas for a global technical sponsorship and dual branded licensing deal for a minimum guarantee of £750 million ($1.3 bn), beginning with the 2015/2016 campaign. For the 2014/2015 season, Nike will

Active Ride Shop Finds New Investor to Help Expand

Active Ride Shop has received an undisclosed investment from Tengram Capital Partners with a plan to accelerate its expansion. As a part of Tengram’s investment, Rick Mina, a former Foot Locker executive, will join the action sports chain’s bo

VF Outdoors and Action Revenues up 16 Percent in Q2

VF Corp.'s Outdoor & Action Sports revenues increased 16 percent in the second quarter ended June 28, driven by an 11 percent increase in The North Face brand revenues, a 21 percent increase in Vans brand revenues, and a 19 percent increase in Timbe

Cortland unveils ‘Next 100 Years’ Initiative

To mark the Cortland Line Company’s centennial in 2015, the company announced that it is partnering with four conservation and education organizations to help ensure that great fishing remains a part of our nation's heritage for another century

Everlast Launches Fitness Certification Program

Everlast Worldwide introduced their first fitness certification program, the Everlast F.I.T Coach Certification. The goal of the certification is to provide instruction on how to incorporate fight sports based exercises into a total body fitness curriculu

EBay Enterprise Comps Up 14 Percent in Second Quarter

EBay reported new stores and 14 percent comps growth drove up gross merchandise sales (GMV) at its Enterprise segment 15 percent to $940 million in the second quarter ended June 30, 2014. The segment runs e-commerce operations or four of North America&#03

Container Imports Surged in June at SoCal Ports

Container imports through the ports of Long Beach and Los Angeles spiked in June compared to the same month last year, indicating that retailers and other importers moved up deliveries to mitigate the risks posed by ongoing labor negotiations…

James Overtakes Jordan as America’s Favorite Sports Star

With his celebrated decision to return to play for his hometown Cleveland Cavaliers, LeBron James has moved a step ahead of Michael Jordan to become America's favorite sports star, according to The Harris Poll. In the similar poll last year, the reve

EBay Enterprise Comps Up 14 Percent in Q2

EBay reported gross merchandise sales by its Enterprise segment increased 15 percent to $940 million in the second quarter ended June 30, 2014. The segment, formerly known as GSI Commerce, enabled its clients to grow same-store sales 14 percent…