SGB Update

Kappa Replaces Spyder As Outfitter Of U.S. Ski & Snowboard Team

Italian sportswear brand Kappa signed a multi-year sponsorship with U.S. Ski & Snowboard to be the official technical apparel partner of the U.S. Ski Team. Kappa replaces Spyder, which had the ski team’s apparel deal for the past 33 years.

April Sales Climb 8.2 Percent Year-Over-Year

The U.S. Census Bureau said overall retail sales in April were up 0.9 percent seasonally adjusted from March and up 8.2 percent year-over-year. That compared with increases of 1.4 percent month-over-month and 7.3 percent year-over-year in March.

Obit: Shelby Modell

Shelby Modell, matriarch of the longtime family-owned Modell’s Sporting Goods chain and a noted philanthropist, passed away at the age of 98.

Sellmark Acquires Inforce

Sellmark announced that it had acquired Inforce, a lighting solution brand designed to meet the needs of law enforcement, military, security agencies and outdoorsman.


On Hikes Guidance On Robust First Quarter

On, the Swiss running brand, raised its outlook for sales and earnings for the current year after reporting first-quarter results that easily topped Wall Street estimates. Net sales vaulted 67.9 percent in Q1 2022 and sales are now expected to grow at least 44 percent in 2022.

F45 Training’s Q1 Sales More Than Double

F45 Training Holdings, Inc. reported adjusted EBITDA surged 235 percent in the first quarter ended March 31 as sales climbed 175 percent. System-wide visits increased 6 percent globally to 7.2 million and 37 percent in the U.S.