SGB Update Sports & Fitness
Lululemon Lowers Guidance on Recall
Lululemon Athletica lowered its sales guidance for the first quarter after announcing a massive recall of a large portion of its yoga pants. The recall of the black yoga pants, which were unintentionally see-through, amounts to 17 percent of all women
Zoot Sports Appoints VP and General Manager
Zoot Sports, the maker of performance apparel, wetzoots, footwear and accessories, named Erik Vervloet as its vice president and general manager. Vervloet, who has worked as vice president of sports marketing for K-Swiss and most recently as chief marketi
NPS Approves Michigan Recreation Plan
The Department of Natural Resources announced the National Park Service has approved the department's 2013-2017 Statewide Comprehensive Outdoor Recreation Plan (SCORP)…
Two Ten Footwear Foundation Launches First National “Footwear Cares” Community Service Week
Two Ten Footwear Foundation announced that 60 footwear organizations have united in the industry’s first-ever National Footwear Community Service Week, Apr. 21-27, which coincides with National Volunteer Week. Footwear companies around the nation ch
Lululemon Recalls Black Ultra-Sheer Yoga Pants
Lululemon Athletica plans to recall a large portion of its yoga pants because they were unintentionally see-through. The recall of the black yoga pants amounts to 17 percent of all women's pants sold in its stores…
Black Diamond Sees Overhang of Winter Inventory Improving
Black Diamond, Inc. expects to end the year with less winter inventory thanks to a prolonged winter in much of North American and Europe and by aggressively moving discounted and discontinued skis, ski boots and other winter products through global cleara
Cabela’s Announces Positive Earnings Surprise on Eve of Annual Investor Day
Cabela’s dropped a few bombshells last week that sent its stock to a 52-week high. On Tuesday, it disclsoed that comp store sales had accelerated since December and are now expected to grow in the high teens in the first quarter. At its annual inves
Zumiez Expects Comps Decline to Accelerate in First Quarter
Zumiez Inc. said comps store sales in February were down 9 percent and that it now expects them to decline in the mid-single-digit range in the first quarter. The company forecasts comp store sales will increase for the full fiscal year, which began Feb.
Head NV’s Nearly Offsets Winter Sports Decline in 2012
Head NV reported sales for the full year ended Dec. 31, 2012 reached €343.2 million ($441mm), up 1.2 percent compared to the prior year, but down in currency-neutral terms. Results were dragged down by a 10.9 percent decline at its Winter Sports div
REI to Open Sixth Store in Washington DC Region
REI (Recreational Equipment, Inc.) will open its sixth store in the Washington DC region in the Tysons area of McLean, Va. in August. The 32,800 square-foot, two-story store will be located at the southeast corner of Leesburg Pike and Chain Bridge Road.
Asics Plans Interactive City-Wide Activations at LA Marathon
Asics America Corporation, title sponsor of the 2013 Asics LA Marathon, is transforming the “City of Angels” into the “City of Runners” through several interactive experiences in support of the marathon. The center of the Asics mar
Registration Soars in Learn to Ski and Snowboard Month
More than 153,000 children and adults from 34 states registered for beginner lessons from professional instructors during January 2013 as part of Learn to Ski and Snowboard Month/Bring a Friend (LSSM/BAF)—an increase of more than 50,000 compared to 2012 a
Wilderness Systems More Than Doubles Pro Angling Team
Wilderness Systems more than doubled its fishing Pro Staff from 15 to 33 anglers and added their first international angler for 2013…
Adidas Signs Gymnastics Licensee
Adidas announced that starting in 2013, Elegant Sports will be the new adidas Gymnastics licensee, responsible for growing the adidas Gymnastics brand worldwide…
Topo Athletic Names U.S. Sales Reps
Topo Athletic, the footwear start-up launched by the former CEO of Vibram FiveFingers, named six sales agencies who will help launch the brand this summer…
