SGB Update Sports & Fitness
Iconix Logs Q3 Loss
Iconix Brand Group reported a loss of $6.3 million, or 13 cents a share, in the third quarter after a number of special charges against earnings of $33.7 million, or 58 cents, a year earlier…
OGIO Expands Into New Headquarters
OGIO International announced the grand opening of its new Draper, UT headquarters, scheduled for Nov. 16. At 25,000 square feet, the new office is nearly double the size of OGIO’s previous headquarters resulting from the company’s strong growt
Johnson Health Tech Acquires 2nd Wind Exercise Equipment
Johnson Health Tech, owner of the Matrix, Vision, and Horizon fitness equipment brands, has acquired 2nd Wind Exercise Equipment, a leading specialty fitness equipment retailer with 58 retail locations throughout 11 states…
Gaiam’s retail move lifts Q3 sales; takes hit on settlement
Gaiam Inc. reported its launch at more than 1,000 Kohl's and Bed Bath & Beyond department stores enabled it to grow 140 percent faster in the third quarter, but a $10.7 million legal settlement swung its net income to a loss…
Dorel Sports Says Currency Headwinds Wiped Out Q3 Growth
Dorel Sports's operating profits dropped by nearly half on flat sales in the third quarter, but sales increased approximately 9 percent excluding currency impacts thanks to demand for Cannondale and other bikes from overseas IBDs…
Merrell to Launch New Tough Mudder Event and Gear
Merrell signed on as the presenting partner for global Tough Mudder events as a part of a multi-year deal that calls for the brands to develop a co-branded line of gear and launch a shorter version of the obstacle course race to draw in more consumers…
Crocs Foresees Comeback After Q3 China Troubles
Despite the Q3 struggles in China, Crocs CEO Gregg Ribatt was optimistic with investors that many of the problems were being remedied, including new production and distribution plans, a 40 percent SKU reduction and fresher styles for 2016…
City Sports to be Shuttered
City Sports Inc. is moving to liquidate all 26 of its stores after failing to find a buyer in bankruptcy proceedings…
The Buckle’s October Comps Slide
The Buckle, Inc. reported comparable store net sales, for stores open at least one year, for the 4-week period ended Oct. 31, 2015 decreased 5.8 percent…
Survey Shows Consumer Spending Plans up Dramatically
U.S. consumers are showing a dramatic increase in their spending expectations this holiday season, according to Accenture’s annual holiday shopping survey…
SFIA Elects Chris Clawson of Life Fitness as Chairman
The Sports & Fitness Industry Association (SFIA) announced the election of Life Fitness President Chris Clawson as Chairman of the Board, along with naming senior executives from Brooks, New Balance, Performance Sports Group, Rawlings, Sears, and Under Ar
Skechers Donates $3 Million to Save Dogs’ and Cats’ Lives
Bobs from Skechers, a division of Skechers USA Inc., launched a multi-year partnership with Best Friends Animal Society, the only national animal welfare organization dedicated exclusively to ending the killing of dogs and cats in America’s shelters
Ebay Completes Spinoff of Retailer E-Commerce Unit
Ebay Inc. completed the sale of Ebay Enterprise to a consortium consisting of Sterling Partners, Longview Asset Management, and the Innotrac Corporation, a Sterling Partners portfolio company, together in partnership with companies owned by the Permira Fu
Fox Factory: Acquisition Boosts Q3, Full Year Outlook
Fox Factory Holding Corp. reported sales of bike products increased 16.3 percent in the third quarter thanks largely to its Race Face/Easton acquisition and raised its guidance for the full year although it expects…
Osprey Packs Adds Marketing Talent
Osprey Packs named Vince Mazzuca as senior marketing manager and Jennie Wong as sales and marketing coordinator…
