SGB Update Sports & Fitness
Canada Goose Scion Agrees to Sell Control to Bain Capital
Canada Goose, which has been family owned since its founding more than 55 years ago, completed a definitive agreement to sell a majority stake in the company to the private investment bank Bain Capital…
Lululemon Names New CEO; Founder Chip Wilson to Resign as Chairman
Lululemon Athletica appointed Laurent Potdevin, president of the charitable shoe company Toms Shoes and a former long-time executive of Burton Snowboards, as its new CEO. It also announced that Chip Wilson, who founded the upscale yoga apparel retailer, w
DTLR Withdraws IPO Filing
DTLR Holding, Inc., formerly known as Downtown Locker Room, announced that due to an unspecified “business development,” it will not proceed with its planned initial public offering. The company declined to comment beyond its one-sentence statement…
Foot Locker Partners With Carmelo Anthony on “23 Days of Flight” Campaign
Foot Locker, Inc. unveiled its newest national advertising commercial to promote its “23 Days of Flight” campaign that
focuses on Jordan product. The new commercial follows the successful launch of the “All Is Right” spot for “Week of Greatness” that kick
2XU Launches Store-in-Store at TrySports
2XU debuted a store-in-store concept inside TrySports. TrySports, based in North Carolina, has provided 2XU with dedicated retail space in their South Park (350 square feet) and Chapel Hill (150 square feet) stores…
GSI Outdoors Signs Distribution Partners in Italy and Poland
GSI Outdoors has signed distribution agreements with partners in Italy and Poland…
PVH 3rd-Quarter Profit Jumps 17 Percent
PVH Corp.’s third-quarter profit grew 17.3 percent to $196.7 million, or $2.37 a share, again boosted by its acquisition of Warnaco Group, which licenses the Speedo brand and Calvin Klein underwear and jeans. The $2.9 billion purchase was completed
Sports Chalet Reports Big Sales Gains Since Black Thanksgiving
Sport Chalet, Inc. reported robust growth in Black Friday weekend and Cyber Monday sales and said it expects a strong holiday selling season. The California-based retailer, which recently hired an investment bank to look for potential investors needed to
The Buckle Declares Special Cash Dividend
The Buckle, Inc announced that its board of directors authorized a $1.20 per share special cash dividend and a 22 cent regular quarterly dividend be paid to shareholders of record at the close of business on Jan. 15, 2014…
Dickies Signs Kids’ Footwear License
Dickies announced a new licensing agreement with SG Footwear, a division of SG Companies, for kids footwear…
Dynamic Research Technologies Announces Changes
Three Dynamic Research Technologies executive have been promoted…
Naperville Running Takes Best Running Store
Naperville Running Company in Illinois took home first place in 2013's 50 Best Running Stores in America contest, sponsored by Competitor magazine. The three runner-ups were Red Coyote Running and Fitness in Oklahoma City, OK; Rush Running Company in
Women’s Powers PacSun’s Seventh Straight Quarter of Positive Comps
Pacific Sunwear of California, Inc. reported sales from continuing operation, gross margins and operating income declined in the third quarter, as another quarter of comparable store sales growth could not offset the impact of a shift in the retail calend
Genesco Trims Outlook, Q3 Profit Slips
Genesco Inc. reported adjusted earnings fell slightly due to operating earnings slides at Journeys, Lids and Schuch. Although earnings came in line with expectations and better than Wall Street’s targets, Genesco slightly lowered its full-year outlo
Johnson Outdoor’s Says Fiscal 2013 Operating Profits Hit 20-plus Year High
Johnson Outdoors Inc. reported double-digit growth in operating profit on higher revenue, and a 90 percent improvement in net income year-over-year for fiscal year ended Sept. 27…
