SGB Update Sports & Fitness

Under Armour Exec Joins Starbucks

Leanne Fremar, most recently Under Armour’s senior vice president, executive creative director for its Women’s and Concept Divisions, was appointed senior vice president and executive creative director for Starbucks Corp.

Deckers Brands Posts Steep Q1 Loss

Deckers Brands reported a steep loss in its fiscal first quarter ended June 30 on an 18.4 percent drop in revenues due largely to the timing of shipments although results came in above internal guidance. Sales were also impacted by a decrease in direct-to-consumer (DTC) comparable sales, and fewer close-out sales.

Cowboys Players Top Best Sellers in Football Licensed Apparel

The NFLPA, via its licensing and marketing arm NFL Players Inc., released an updated list of the Top 50 ranked football players based on overall licensed products sales. Four Dallas Cowboys were among the Top 5 Best-Sellers, with Dez Bryant taking the No.1 spot.

GNC Replaces CEO After Poor Q2

GNC Holdings, Inc. replaced its CEO Mike Archbold with interim CEO Robert F. Moran, after disappointing second quarter results, with reported revenue decreasing 2.4 percent, or $673.2 million, as compared to the year prior.

Sequential Brands Q2 Revenues up 70 Percent

Sequential Brands Group Inc. reported total revenue grew 70 percent in the second quarter and they expect to earn a minimum of $100 million in royalties this year.