SGB Update Sports & Fitness
Perry Ellis Sees Nike Swim And Golf Climb Double Digits
Perry Ellis International Inc. reported sales in its Golf segment grew low double-digits in the third quarter while Nike Swim leapt 40 percent.
Genesco Posts Steep Q3 Loss On Impairment Charge
The charge reflects the sustained decline of the company’s market value to a level below book value and underperformance relative to projected operating results, particularly in the Lids Sports Group The outlook for the year was also reduced due to a “more conservative outlook for Lids.”
Golf Rounds Sink In October
According to Golf Datatech, golf rounds played were down 4.1 percent in October 2017 compared to October 2016.
EXOS And Speedo USA Launch Aquatic Training Courses
EXOS, a leader in the human performance industry, and Speedo USA, a division of PVH Corp., released a new online course for fitness professionals, EXOS Presents: Speedo Fit Training.
Adidas’ Boost Collection Package Quickly Sells Out
Adidas’ offer to purchase a 40-pair set of Boost footwear on Adidas.com sold out in five minutes.
Marcato Sends Letter To Deckers Stockholders
Marcato Capital Management LP, the activist shareholder group seeking to replace Deckers Brand’s board with its own candidates, is sending a letter to Deckers’ stockholders “urging them to hold Deckers’ Board of Directors accountable for their lack of transparency and oversight, and Deckers’ chronic underperformance” by voting for its slate of candidates.
Perry Ellis Q3 Reaches Upper End Of Guidance
Perry Ellis International reported that both sales and earnings landed in the upper end of its guidance in the third quarter. Sales were driven by strength across its core brands including Perry Ellis, Original Penguin, Nike swim, Golf, as well as Rafaella.
HanesBrands To Favorably Amend Senior Secured Credit Facility
HanesBrands announced that it has initiated the process to favorably amend its senior secured credit facility to take advantage of credit market conditions and the company’s strong financial performance and cash generation.
Salomon Announces New Trail Running Series
The series will combine five of the most iconic short-distance trail races on the planet into a dream tour for both athletes and fans.
Superfeet Unveils ME3D Recover; Industry’s First Fully Customized Recovery Slide
Building on the successful introduction of FitStation powered by HP with insoles, Superfeet is extending the technology with the introduction of the ME3D Recover recovery slides.
Brooks Running Unveiled Its “Most Personalized” Running Footwear
Brooks Running Company announced it is partnering with HP Inc. and Superfeet “to deliver the most personalized running footwear.” Leveraging FitStation powered by HP and Brooks Run Signature, Brooks plans to introduce the first performance running shoe created based on an individual’s unique biomechanics which will be available via special order through select retail partners beginning June 2018.
Puma Signs Jozy Altidore
Puma signed a long-term contract with soccer player, Jozy Altidore. Altidore will be the face of North American soccer for Puma.
Sustainable Apparel Coalition Opens Early Registration For Higg Facility Environmental Module
The Higg FEM, optimized for use at an industrial scale, enables factories to assess sustainability performance and share results with supply chain partners.
Beachbody Partners With Brazilian Jiu-Jitsu Champ Bruno Pucci
Pucci will represent the Beachbody apparel and footwear collection at trade events, public appearances and on Beachbody gear social channels.
SPIbelt Acquires Nite Beams LED Safety Gear Running Division
SPIbelt has acquired the running gear division of Nite Beams LED safety accessories. Now being marketed under the name SPIbeams, this collection of light-up wearables will add several new products to its lineup.
