SGB Update Sports & Fitness
The Golf Group Reports on Latest Counterfeit Raid in China
The U.S. Golf Manufacturers Anti-Counterfeiting Working Group reported that raids by Chinese law enforcement resulted in the seizure of almost 62,000 counterfeit golf products from two factories in the last two months…
Macy’s Fiscal Q2 Growth Can’t Offset First Quarter Shortfall
Macy’s, Inc. lowered its guidance for full year sales growth, saying fiscal second quarter sales growth was not enough to offset disappointing first quarter results…
Flip Flops Shops Middle East Franchisee Opens First Shop
Flip Flop Shops, which sells a wide array of skate, surf, beach and outdoor brands, said a franchise partner opened the first of 50 shops planned for the Middle East in Kuwait City on Aug. 10…
Grassroots Outdoor Alliance Names Wes Allen President
Grassroots Outdoor Alliance named Wes Allen as its new president. A former national sales manager for Chaco and co-owner of Sunlight Sports in Cody, WY, Allen will start in his new position Sept 1…
Birkenstock Enters Licensing Business
Birkenstock has entered an exclusive agreement with a German company to license its brand in four strategic new markets, including…
Athos Receives New Funding for Biometric Fitness Apparel
Athos, which has announced plans to launch a line of biometric fitness apparel this fall, has closed $12.2 million in Series B financing. The Redwood City, CA company said it will use the funds to…
Abeo Biomechanical Footwear Names Tracy Sheffer as Vice President of Sales
Abeo Biomechanical Footwear, the comfort footwear brand, announced the hire of industry veteran Tracy Sheffer as vice president of sales…
Bill Hicks and Co. Currently Stocking Ruger Viridian TALO Exclusives
Bill Hicks & Co., Ltd., a distributor for the hunting and shooting sports industries, is offering exclusive Ruger Viridian TALO LCP and LC9 pistols…
Academy Expands Distribution Capability
Academy Sports and Outdoors is opening a new 1.6 million square foot distribution center in Tennessee in 2016. Construction is expected to begin this month with staffing occurring in the fall of 2015 and a projected opening of early 2016. It is anticipat
NHFD Renews Sponsor
GunBroker.com is once again sponsoring National Hunting and Fishing Day on September 27 that celebrates years of conservation efforts…
Nautilus Posts Rare Q2 Operating Profit as New Product Sales Surge
Nautilus Inc. reported strong sales of its newest products and a higher mix of Retail revenues resulted in positive operating income in the usually unprofitable second quarter ended June 30…
Sport Check Sustains Double-Digit Comps Growth in Second Quarter
Growth accelerated sharply at Canada’s largest sporting goods retailer – FGL Sports – in the second quarter thanks to continued improvement at its core Sport Chek banner, according to parent company Canadian Tire Corporation’s (CTC) earnings r
Delta Apparel Rightsizing in Wake of Second Quarter Sales Decline
Delta Apparel, Inc. sacked its president and chief operating officer last week as part of a comprehensive restructuring triggered by its first decline in year-over-year sales in more than a decade…
Sequential Brands Grows Second Quarter EBITDA Nearly 50 Percent
Sequential Brands Group, Inc., which expects to add Avia, AND1 and Nevados to its brand portfolio by year end, increased its sales nearly 63 percent and its adjusted EBIDTA 48 percent in the second quarter…
Reed Guanghe Splits Chinese Golf Shows
Reed Guanghe Exhibitions, together with the China Golf Association and the PGA of America, will split the China Golf Show into three separate shows starting next year. One will focus on merchandise and occur twice a year and the other will focus on the go
