SGB Update Sports & Fitness

Garmin Ltd.’s Fitness Sales Surge in First Quarter

Garmin Ltd. reported revenues at its Fitness segment soared as consumers snatched up its newest Forerunner smart watches and the vivofit, the company¡¯s entry into the rapidly growing fitness band market…

Columbia Sportswear Ups FY14 Guidance on Strong Q1 Results

Columbia Sportswear Company raised its 2014 outlook after announcing record first quarter net sales, a sharp increase in first quarter profits, surging wholesale demand for its fall 2014 products, strong results at its new Chinese joint venture and the ac

Amazon.com Opens Wearable Technology Store

Amazon.com, Inc. launched Tuesday its Wearable Technology store – a one-stop shop where customers can shop activity trackers, smart watches, wearable cameras and more devices from Samsung, Jawbone, GoPro and emerging brands such as Basis and Misfit as we

Administration Limits Exported Mags to 30 Round Capacities

The National Shooting Sports Foundation (NSSF) reports the U.S. State Department has made a “policy decision” to limit the export of 30 round and higher capacity magazines solely to government, law enforcement and military end users…

Osprey Appoints Kenny Ballard as Chief Operating Officer

Osprey Packs, Inc. announced that outdoor industry veteran Kenny Ballard has joined the company in the newly created role of chief operating officer. As COO, Ballard will head up Osprey Packs operations, IT, purchasing, quality and returns as well as huma

New Pentagon Policy Seen as Boost to US Footwear Manufacturers

Acting Deputy Secretary of Defense Christine Fox announced Friday that the Department of Defense will provide military recruits with American-made footwear, rather than giving them a stipend to buy their own training shoes. New Balance, which had lobbied

Flip Flop Shops Announces Caribbean Development Deal

Flip Flop Shops inked a master franchise agreement with the team behind Happy Toes Caribbean. The agreement calls for the establishment and development of at least 20 new shops throughout the islands, the first of which will open in Aruba…

J. America Appoints President, Team Licensed Group.

J. America, Inc., the licensed apparel company, appointed Ben Turner as president of the Team Licensed Group (TLG). Prior to J. America, Turner held senior executive positions at Colosseum Athletic, Reebok, and Adidas…

Deckers Sees Double-Digit Gains in Spring Quarter

Led by a 15.8 percent gain for Ugg, Deckers Outdoor Corp. reported sales increased 11.7 percent in its three-month transition period ended Mar. 31, to $294.7 million. The company recently changed its fiscal year from Dec. 31 to Mar. 31, and, as a result,

Patagonia’s New Venture Fund Backs Waterless Laundering Technology

Patagonia has joined Nike and Adidas to become the latest athletic apparel brand to invest in water saving textile technology. The outdoor brand made a strategic investment in CO2Nexus Inc., a Colorado company that has developed a sustainable method of pr