SGB Update Sports & Fitness

MidwayUSA Announces Promotions

National shooting and outdoor products distributor MidwayUSA, announces a number of staff promotions…

Nike’s Q3 Impresses; FX Headwinds Cloud Outlook

With both its basketball and running segments clicking, Nike Inc. seems to have few challenges these days driving demand for its products. But even the sporting goods giant can’t do much about currency fluctuations. The company delivered third-quart

Li and Fung’s U.S. Business Bounces Back

Li & Fung reported net profit attributable to shareholders rose 17 percent in 2013, to $725 million, aided by a turnaround in its U.S. business. Sales grew 3 percent to $20.7 billion. The Hong-Kong sourcing giant also proposed a spin off of its global bra

Nikes Supports Military Veterans

Team Red, White and Blue (Team RWB), a national nonprofit supporting military veterans, announced the support of Nike, Inc., who will serve as its official outfitter for athletic apparel…

Nike’s Q3 Exceeds Street Targets, Futures Ahead 14 Percent

Nike Inc. reported earnings rose 3.5 percent in the third quarter, to $685 million, or 76 cents a share. Revenues advanced 12.7 percent to $6.97 billion. Both earnings and revenues surpassed Wall Street targets. Nike Brand revenues grew globally 14 percen

EOG Names First CSR and Sustainability Manager

The European Outdoor Group (EOG) has strengthened its team with the appointment of a CSR and sustainability manager. Pamela Ravasio has joined the EOG in this new role and brings 15 years of business experience, including nine years of major involvement

NRA’s Wayne LaPierre Visits Smith and Wesson Headquarters

Smith & Wesson Corp. announced that Wayne LaPierre, Executive Vice President and CEO of the National Rifle Association (NRA), visited the company's Springfield, Massachusetts, headquarters to meet employees and to tour the company's manufacturin

Ahead Launches Collegiate Division

Ahead officially launched its collegiate division, Ahead Team, that will supply the college market with its premier brand of headwear…

DSW Sees Challenging 2014 Amid Omni-Channel Push

DSW reported fourth-quarter earnings, adjusted to exclude non-recurring items, slid 8.6 percent to $28.7 million, or 31 cents, on flat comparable-store sales. But it also delivered a cautious 2014 outlook, in part due to an “aggressive” push t

Bauer Sees Q3 Revenue Gain

Bauer Performance Sports reported preliminary results for its fiscal third quarter ended Feb. 28, 2014. Revenues are expected to range from $61 million to $63 million, up from $54.9 million a year ago…

Nfinity’s Cheerleading Event to Reach Cinemas

This spring, Fathom Events and Nfinity Athletic will bring the country’s top cheerleading teams together for a night of cheerleading, tumbling and stunts to select U.S. cinemas with the Nfinity Champions League Cheerleading Event…