SGB Update Sports & Fitness

Puma Announces Senior Management Changes

Puma appointed Lars Soerensen appointed to global director business processes and intelligence, a new position, while
Jürgen Wormser becomes global director footwear sourcing and development…

Garmin Outdoor and Fitness Sales Reach Record in Q4

Garmin Ltd. reported sales at its Outdoor and Fitness segments grew 7 and 14 percent respectively and reached record levels in the fourth quarter ended Dec. 28, 2013 compared with the fourth quarter in 2012…

Sport Chalet Partners with Pepperdine University

Pepperdine University's Department of Athletics and Sport Chalet have entered a three-year partnership in which Sport Chalet will be the exclusive apparel and equipment provider to the Waves athletic teams…

Balega Kicks Off 2014 by Giving Back

Balega, the performance sock brand, continues to focus on supporting local communities. In 2014, Balega is expanding its charity and fundraising initiative actions by donating to SoliderSocks, Veterans in Need, and the Catawba County United Way…

SIMA Image Awards Announced

More than 700 attendees from surf companies and specialty retail shops gathered at the City National Grove of Anaheim Thursday night as the 2013 SIMA Image Award winners were revealed. Winners included Vans, Patagonia, RVCA, Hurley, Roxy, Rip Curl…

Toray Buys 400 Acres in SC to Prepare for US Industrial Renaissance

Toray Industries, Inc. has purchased approximately 400 acres of land for its future business expansion in Spartanburg County, SC. The Japanese company said it made the investment because it expects the United States to regain its industrial competitivene

Outdoor Retailer Says Attendance Rose at Winter Show

Emerald Expositions announced that preliminary numbers indicate attendance at Outdoor Retailer Winter Market 2014 last month increased an estimated 7 percent compared with 2013. The number of store fronts represented at the show increased nearly…

Under Armour Defends U.S. Speedskater Suits

Amid heightened media attention over the disappointing performance of the U.S. Speedskating team so far at the Sochi Olympics, Under Armour on Monday defended its Mach 39 racing suit. All of the uniforms use were tested “rigorously” and numerous athletes

REI Closes Underperforming Store

REI closed its store in Brentwood, CA Feb. 7, citing poor sales, marking the first time the retailer has closed a store for underperforming since 2001…

VF Corp.’s Growth Engines Humming in Q4

Led by double-digit growth at The North Face, Vans and Timberland, VF Corp. reported earnings rose 7.0 percent in the fourth quarter on an 8.5 percent sales gain…

Jarden Outdoor Q4 Segment Earnings Fall on Flat Sales

Jarden Corp. reported earnings dropped 21.1 percent at its Outdoor Solutions segment on flat sales in the fourth quarter ended Dec. 31, 2013. The segment owns 26 sporting goods brands, including several in use by athletes competing in the Winter Olympics

Hackers Force Retailers and Bankers to Partner on Cybersecurity

In the wake of continued theft of customer data, a coalition of trade associations representing the merchant and financial services industries announced a new cybersecurity partnership to explore paths to increased information sharing, better card securit