SGB Update Sports & Fitness

RYU Apparel’s Sales Double In Q3

RYU Apparel Inc., the urban athletic brand based in Vancouver, reported sales of $745,226 in the third quarter ended September 30, up from $331,700 during the same period in 2016.

Foot Locker Q3 Earnings Top Wall Street Targets

Richard Johnson, chairman and CEO, said in a statement, “Despite the highly promotional environment we still see in the marketplace, the availability of premium product is gradually improving compared to the first half of the year, and we believe we can achieve, and perhaps modestly exceed, the top- and bottom-line guidance we gave for the fourth quarter back in August.”

Hibbett Sports Lifts Outlook After Q3 Easily Tops Estimates

Hibbett Sports reported third-quarter earnings fell 47.9 percent but both earnings and sales easily topped Wall Street targets. Hibbett officials credited positive comps in footwear, significant improvement in branded apparel and strength online.

Accell Group Further Adjusts North American Organization

Accell Group said in a statement, “Senior management has been replaced and the activities in North America will be fully integrated. Inventories destined primarily for the MultiSport chains will be scaled down as quickly as possible.”

Nike Hikes Quarterly Dividend By 11 Percent

Said Mark Parker, chairman, president and CEO of Nike, Inc., “Today’s announcement, combined with the four-year $12 billion share repurchase program we announced in 2015, demonstrates our continued confidence in generating strong cash flow and returns for shareholders through our new Consumer Direct Offense.”

AAOS Launches Redesigned OrthoInfo.org

OrthoInfo.org, the trusted consumer website on bone and joint health, launched a new design that is easier to navigate, access and view, stated the American Academy of Orthopaedic Surgeons (AAOS).

PHIT Act Earns 100th Co-Sponsor In Just Eight Months

Congress wants to lower costs to increase activity in America. On November 13, Congressman (Dr.) Paul Gosar (R-AZ) became the 100th House co-sponsor of The Personal Health Investment Today (PHIT) Act in 2017. The previous high was 89 co-sponsors over 2015/16.

Nike Upgrades App Membership Features

NikePlus Unlocks upgrades experiences and access by collecting and analyzing members’ shopping behavior, activity and feedback across all Nike digital and physical touch points.