SGB Update Sports & Fitness

Belk’s Q1 Profits Slide

Belk Inc. reported sales for the first quarter were $955.1 million compared to $955.8 in the prior-year period. On a comparable store basis, net sales decreased 0.2 percent. Juniors, women’s contemporary and better merchandise categories in general

Adidas AG Extends Glenn Bennett, Robin Stalker to 2018

The Adidas AG Supervisory Board extended the mandates of executive board members Glenn Bennett, responsible for global operations, and Robin Stalker, chief financial officer, by another three years beyond 2015 until March 2018…

Fleet Feet Acquires Metro Run and Walk

Fleet Feet, Incorporated announced the purchase of Metro Run and Walk in Mishawaka, IN, which is adjacent to South Bend. The formal acquisition is the 123rd store for the company. The company also said it will open six new franchises in May and June in th

DSW Slashes Guidance on Lousy Spring

Blaming the weather and competitive discounting, DSW Inc. reported first-quarter earnings that fell well short of analysts’ estimates while slashing its guidance for the year. Women's shoes, which excludes boots and sandals, comped down 9 perce

Hitcase Selects Lambert as Canadian Bike and Run Distributor

Hitcase, makers of iPhone cases, mounts, accessories and apps that transforms an iPhone into a shockproof, waterproof POV action camera, has appointed Lambert as their exclusive Canadian distributor into the bicycle and running markets…

Mizuno Launches Running App

Mizuno is converting ''miles into money'' by donating $1 for every mile run up to 100,000 miles by runners who download and run with Mizuno’s mobile “baton” app at www.ifeverybodyran.com. The program is the next phase

Smith Optics Parent Upgraded by Moody’s

Moody’s has upgraded The Safilo Group’s long-term corporate credit rating from ‘B2’ to ‘B1’, reflecting both the company’s diminished refinancing risk, following its recent bond issue, and its stable operating per

Under Armour Signs on as Presenting Sponsor of Fight Night

Fight For Children and Under Armour announced a new multi-year partnership that designates Under Armour as the presenting sponsor of Fight For Children's annual Fight Night, including this year's 25th anniversary of the fundraising event…