SGB Update Sports & Fitness
Unifi Announces Executive Team Additions And Promotions
Unifi Inc. appointed Richard E. Gerstein as executive vice president, global branded Premium Value Added (PVA) products and chief marketing officer, and John Vegas as executive vice president, global chief human resources officer, effective August 14 and 21, respectively.
Dick’s Sporting Goods To Open Five New Stores In Three States
The omni-channel sporting goods retailer will be opening two new Dick’s stores and three new Field & Stream stores in the first half of August.
Fox Factory’s Q2 Revenues Climb 18 Percent
The increase reflected a 42.7 percent increase in sales of powered vehicle products and a 2.9 percent increase in sales of bike products.
Dorel Sports Sees 11.6 Percent Q2 Sales Drop
Part of the revenue shortfall in the second quarter resulted from weakness in consumer demand in the mass bike channel due particularly to the prolonged unfavorable North American weather.
Callaway Golf Sees 24 Percent Hike In Q2 Revenues
The increase was led by a 64 percent increase in sales of woods, primarily due to strong sales of the EPIC line of woods, and a 74 percent increase in gear, accessories and other, primarily due to the addition of the new business ventures, OGIO and the Japan apparel joint venture.
Newell Brands’ Play Segment Sees Modest Q2 Decline
Pro forma core sales declined 1.2 percent as solid growth on Beverages, Coolers and Team Sports was more than offset by a decline on Fishing related to broad retail inventory destocking across specialty and mass retailers and the negative impact of a key retail customer bankruptcy.
Adidas Outdoor Named Title Footwear Sponsor For Audi Power Of Four Trail Run
The event is a premier endurance race series utilizing the scenic and challenging terrain of each of the four Aspen Snowmass mountains.
Scott Montgomery Becomes CEO Of Reynolds Cycling
Industry veteran Scott Montgomery has become the CEO of Reynolds Cycling of Sandy, UT.
GoPro’s Q2 Easily Tops Wall Street Targets
GoPro reported second quarter revenue was $297 million, up 34 percent year-over-year and 36 percent quarter-over-quarter.
Callaway Golf Company To Acquire TravisMathew For $125.5 Million
Callaway Golf Company (ELY) announced it has entered into a definitive agreement to acquire TravisMathew, LLC, a high-growth golf and lifestyle apparel company, for $125.5 million in an all-cash transaction
Interbike Heading To Reno-Tahoe
Interbike, the largest cycling trade show in the U.S., has selected Reno-Tahoe as the new home for the Interbike trade show and the site of the newly-created Interbike Marketweek. The show has been in Vegas since 2011.
Road Runners Club Of America Announces Summer 2017 Runner Friendly Communities
Eight communities have the “right stuff” of community infrastructure and support plus local government involvement for designation.
TYR Sports Signs Olympic Gold Medalist Tom Shields
The manufacturer of competitive swim and triathlon gear signed Olympic gold medalist, three-time World Championship gold medalist and American record holder Tom Shields to its roster of sponsored athletes.
Russell Athletic Partners With S&S Activewear
S&S Activewear, a national wholesaler of imprintable activewear, will launch a collection of Russell Athletic active apparel including its iconic Dri-Power Fleece beginning in August 2017.
Adidas Q2 Sparked By North America And China
Adidas, in line with a recent update, reported earnings from continuing operations rose 16 on a 19 percent revenue gain on a currency-neutral basis. The development reflected a 21 percent increase at brand Adidas as well as a 5 percent increase at the Reebok brand.
