SGB Update Sports & Fitness
Retail Sales Climb in June
Retail sales (excluding automobiles, gasoline stations and restaurants) continued to grow in June and were up 5.1 percent year-over-year, the National Retail Federation said today. Retail sales rose 0.8 percent unadjusted over May, according to NRF’s calculations.
Olympia Sports Opens Doors in Londonderry, NH
Olympia Sports, a regional sporting goods retailer, opened its 22nd location in New Hampshire.
Superfeet Steps Into Shoe Category In 2017
Superfeet, a leading insole brand in the active lifestyle and outdoor markets, will debut its first-ever footwear for spring 2017.
G-Form Impact Protection Inks Finnish Soccer Deal
G-Form, a leader in athletic impact protection, and the Finnish Soccer Players’ Union have inked an agreement for G-Form to provide all professional Finnish players.
Finish Line Sets New Stock Buyback Plan
Finish Line authorized a new five million share repurchase plan. The new plan will commence upon completion of the current plan which has approximately 600,000 shares remaining.
Sports Authority’s Lender Deal Allows Liquidation to Continue
Sports Authority has negotiated a agreement with lenders that will allow its liquidation process to continue. According to a court documents, GOB sales would have ended Friday without the agreement…
Nike Adds Apparel, Accessories to MEAC Deal
Nike has entered into a multi-year agreement to become the official apparel, accessory and equipment brand of the the Mid-Eastern Athletic Conference until 2020.
Play It Again Sports Parent Sees Q2 Earnings Gain
Winmark Corp., the parent of Play It Again Sports, reported net income for the quarter ended June 25, 2016 of $5.4 million, or $1.25 per share, improving from income of $4.75 million, or $1.00, in the second quarter of 2015.
Retail Imports Rise for Back-To-School
Import cargo volume at the nation’s major retail container ports should see a small-but-significant increase this month as merchants stock up for the back-to-school season, then see a larger wave in late summer and fall for the holiday shopping season, according to the monthly Global Port Tracker report.
Spenco Execs Purchase Rights to Footwear, Silicore Business
Four executives at Spenco Medical Corporation have purchased the company’s footwear and Silicore assets after its insole and 2nd Skin first aid products were sold to Implus
Fanatics Launches National Ad Campaign
Fanatics debuted its first national ad campaign during the ESPY Awards on ESPN Wednesday.
Riddell Breaks Ground on New Assembly Facility
Riddell, the leader in football innovation, kicked off the construction process for the company’s new facility in North Ridgeville, OH with a groundbreaking ceremony at the new site.
NikeLab & Louis Vuitton Designer Create ‘Packable Sport Style’ Line
NikeLab has collaborated with Louis Vuitton’s Artistic Director for Menswear, Kim Jones, on a new and colorful collection of apparel and footwear that blends street, sport and travel.
Red, White and Brooks Running
Brooks Running made custom shoes for its Olympic running squad, adding careful and crafted details to consumer models.
Forecast: Baseball Equipment to Grow From MLB Participation
Technavio’s recent analysts forecast of the global baseball equipment market through 2020 projects grow at a CAGR of 3.89 percent during 2016-2020.
