SGB Update

Anta Sports Sees Modest Decline In Q4 Revenue

Anta Sports reported that sales for the fourth quarter of Anta-branded product, in terms of retail value, declined in the high-single-digits compared to the same period in 2021.

Crocs’ Debt Ratings Outlook Revised To Stable

S&P Global Ratings revised its outlook on Crocs, Inc. to stable from negative on expectations that the company’s revenue and EBITDA would continue to grow despite a challenging macro environment.

Nike’s Mark Parker To Become Chairman Of Walt Disney

The Walt Disney Company elected Mark Parker, a seven-year member of the Disney Board and executive chairman of Nike, Inc., as chairman of its board of directors, effective following its annual meeting of shareholders.

Bare Performance Nutrition Names CEO

Bare Performance Nutrition promoted Kat Thomas to chief executive officer. The position was previously held by its Founder Nick Bare, who now assumes the role of chief creative officer.

Academy Sports To Open Store In Lafayette, IN

Academy Sports + Outdoors, Inc. will open its first store in Lafayette, IN this spring in Lafayette Pavilions. This is the retailer’s fourth location in Indiana.

JD Sports Posts 20 Percent H2 Growth Across North American Retail Banners

JD Sports Fashion Plc, the parent company of Finish Line, DTLR and Shoe Palace in the U.S. and sports fashion and outdoor retail brands Blacks, JD, Millets, and Go Outdoors in the U.K., realized sales growth of more than 10 percent in its organic retail businesses through 22 weeks of the second half of 2022.

Kimber Names COO

Kimber, Mfg., Inc., the manufacturer of 1911 handguns and other firearms, hired Chris Klope as chief operating officer, succeeding outgoing COO Dennis Dougherty, who is transitioning to Kimber’s board.