SGB Update Sports & Fitness

Sporting Goods Store Sales Slowed in July

Retail sales at sporting goods stores decreased 2.2 percent seasonally adjusted month to month and increased 1.9 percent unadjusted year over year in July, estimated the National Retail Federation.

Skullcandy Rejects Unsolicited Bid

The action sports-inspired audio brand accepted and then rejected two acquisition offers from a company over the weekend after the bidder waffled.

PSG Shares Plunge Amidst Legal Review

Performance Sports Group said directors’ decision to hire a law firm to vet its annual report will cause it to file late and violate covenants with lenders.

Fabletics Opens Brick-and-Mortar in Denver

Fabletics, the subscription-based activewear and accessories e-tailer founded by actress Kate Hudson, will open a brick-and-mortar shop in Denver at the Cherry Creek Shopping Center.

Speedo Launches Digital Coaching Tool

Speedo International launched “Swim Coach,” a free digital coaching tool with over 200 expert-designed workouts by elite Speedo athletes to help fitness enthusiasts reach their fitness goals.

Feetures Sales Contest Targets Specialty Retailers

Feetures, a performance sock company, is re-launching their “Pair Up” sales contest to provide an incentive for run specialty retailers to improve their customers’ in-store experience.

Former New Era Talent Heads Supply Chain at GMPC

The Los Angeles-based GMPC, a leader in design and of fashion accessories and manufacturing for the action sports, urban, fashion, outdoor, and lifestyle industries, appointed former New Era Director of Global Accessories Joshua Cherin to the role of Supply Chain VP.