SGB Update Sports & Fitness
Dick’s SG Cuts Guidance as Warm Weather Cools Profits
Shares of Dick’s Sporting Goods Inc. were down about 10 percent in mid-day trading on Tuesday after the company sharply cut its guidance for earnings and same-store sales for the full year largely due to the impact of warm weather so far this fall.
RECALL: 30,500 REI Evrgrn Campfire Rockers
Recreational Equipment Inc. (REI) announced the first recall of a product marketed under its Evrgrn brand, which it launched last year to reach urban dwelling Millennials…
Khombu Signs U.S. Ski Team Athletes As Brand Ambassadors
Khombu, the footwear and outerwear brand, formed a new partnership with alpine athletes, U.S. Ski Team member Erik Arvidsson and World Cup ski competitor Abby Ghent…
RECALL: 540 Kona Wo Bicycles
Kona Bicycle Co. has recalled about 530 of its 2014 Kona Wo bicycles after receiving one report of the bicycle fork breaking at the junction of the crown…
BioLite Sees Carbon Neutral Future
BioLite committed to a carbon neutral future after an analysis of its operations showed it its cook stoves and other products reduced 16 tons of carbon emissions for every ton the company generated from 2012 to 2014…
Gazelle Sports Coming to Birmingham, MI
Gazelle Sports is opening a store in downtown Birmingham, MI in early summer 2016…
Kohl’s Appoints COO
Kohl’s Department Stores appointed Sona Chawla to the newly created position of chief operating officer. She was most recently president of digital and chief marketing officer at Walgreens…
Performance Sports Group Unveils Technology Addressing Mild-Traumatic Brain Injury
Performance Sports Group unveiled what it claimed to be to be a significant breakthrough in addressing mild traumatic brain injury (mTBI) in sports. Taking part in the presentation was Dr. Julian Bailes, chairman of the Department of Neurosurgery…
Thule Invests $2.3 Million in Improvements to Testing Center
Thule Group, best known for its automobile accessory solutions for bike, equipment and storage attachments, said that it had invested $2.3 million in improvements to its global testing center in Hillerstorp, Sweden.
Dillard’s Profits Slide in Q3
Dillard’s Inc. reported third-quarter earnings slid 17.2 percent. Same-store sales decreased 4 percent…
Half of Americans Plan to Hit Mall or Shopping Center on Black Friday
The 2015 International Council of Shopping Centers (ICSC) Black Friday Shopping Study shows 59 percent of Americans plan to make a purchase at a physical store over the Thanksgiving weekend…
Inaria to Sponsor Sebastian Giovinco
Inaria, a brand within the Performance Sports Group portfolio that manufactures soccer equipment and apparel, formed a partnership with Toronto FC and Italian National Team star Sebastian Giovinco…
Warm Weather Sends Mild Chill Through Grassroots Summit
An unusually warm start to fall sent a mild chill through the first buying show of the winter season in Knoxville, TN last week…
Sports Chek’s Hot Streak Continues in Q3
While several retailers in the U.S. are facing challenges with weaker consumer spending trends and warm weather so far this fall, Sports Chek way up north continues to thrive…
Planet Fitness Q3 sales comps up 6.9 percent
Planet Fitness Inc., reported revenue up 8.4 percent to $68.8 million in the third-quarter, including a 6.9 percent rise in same-store sales.
