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.

The North Face Endurance Challenge Championships Hosts Thousands In San Francisco
Thousands of runners competed in The North Face Endurance Challenge Championships starting in Sausalito and ending in picturesque Crissy Field in the San Francisco Bay Area this past weekend. In its eleventh year, the race boasts a $30,000 prize purse for top finishers.

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.”
Amazon To Sponsor 2018 Special Olympics USA Games Closing Ceremony
The 2018 Special Olympics USA Games Organizing Committee announced that Amazon will be presenting sponsor of the 2018 USA Games Closing Ceremony in the company’s hometown of Seattle.

Jaybird Names Former Nike Exec As New President And CEO
Jamie Parker served in various leadership positions at Nike, bringing experience from global roles based in the U.S. and leadership roles in Europe and Latin America.
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).
Salomon Athlete Cat Bradley Sets FKT For Grand Canyon Rim-To-Rim-To-Rim
Bradley completed the 42-mile out-and-back route in 7:52:20, beating out the previous women’s record set by Bethany Lewis in 2011 by more than 20 minutes.

Sports Crate Launches NBA Courtside Crate
The NBA Courtside Crate lineup will feature 13 teams initially, providing fans with apparel, collectibles, products and experiences.
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.

Jordan Partners With Gatorade On ‘Like Mike’ Collection
The apparel collection is available now at select retailers. The Air Jordan VI and XXXII low release December 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.
October Retail Sales Up 4.3 Percent Over Last Year
Retail sales in October increased 0.1 percent over September on a seasonally adjusted basis and were up 4.3 percent year-over-year unadjusted.