SGB Update

Adidas Outdoor Appoints Business Manager of Key Accounts

Adidas Outdoor appointed Peter Schuster as business manager of key accounts for the U.S. Schuster has more than 20 years of experience in sales, most recently director of sales for national accounts and national account channel sales manager for tradition

Adidas Extends Boost to Baseball Cleats

Adidas has extended its Boost technology to the baseball diamond with the Energy Boost Icon cleat. This marks the first time an Adidas non-running shoe has featured Boost cushioning technology…

Ben Hogan Secures Footwear License

Perry Ellis International entered into a license agreement with ACI International, for Ben Hogan men's golf-inspired casual footwear and men's performance golf footwear…

FootBalance’s CEO Exits

The board of FootBalance has appointed CFO Klaus Rauhansalo as acting CEO from the beginning of June. FootBalance´s current President and CEO Tom Jungell has made a decision to move on to new challenges…

Survey: Millennials Make World Cup More Social

Influenster, a community of social media tastemakers, said 75 percent of its members will use online social networks to keep up-to-date with the World Cup. Facebook and Twitter lead as the most popular…

Colorado Ski Visits Set Record in 2013/14 Season

Skier visits to Colorado's mountain resorts hit a record 12.6 million in the 2013/14 season, according to estimates released Thursday by Colorado Ski Country USA (CSCUSA). The organization estimates ski visits were up more than 10 percent compared t

GoPro IPO Focusing on $3 Billion Valuation

GoPro Inc expects to raise up to $427.2 million in its initial public offering, according to an updated filing with the Securities & Exchange Commission. The company said it plans to offer 17.8 million Class A shares priced between $21 and $24 each…

Lululemon CFO to Retire

Lululemon Athletica Inc. CFO John Currie has notified the company of his plans to retire by the end of the fiscal year. Lululemon will hire an executive search firm to find his replacement…

Lululemon Cuts 2014 Guidance as Sales Weaken

Lululemon Athletica Inc. reported a drop in profit for the fiscal first quarter amid a tax charge tied to a share-repurchase plan and lowered its outlook for the year. Comparable-store sales for the first quarter decreased 4 percent on a constant dollar b

President Signs Legislation Important to Boaters

President Obama signed bipartisan legislation earlier this week that recognizes that the Federal government needs to do more to help small harbors, address longstanding dredging issues, and improve boating and navigation infrastructure…