SGB Update Sports & Fitness
Shoe Carnival’s Q2 Boosted by Higher Margins
Boosted by higher merchandise margins and lower advertising expenses, Shoe Carnival Inc.’s earnings vaulted 86.4 percent in the second quarter, to $4.8 million, or 24 cents a share.
On a conference call with analysts, Cliff Sifford, president, CEO
Adidas Partners with Italia Independent on Eyewear Deal
Italia Independent and Adidas have signed a four-year global agreement in which Italia Independent will design, produce and distribute Originals eyewear…
STX Partners with University of Virginia
Baltimore-based STX, LLC signed a five-year agreement with the University of Virginia (UVA) to be the exclusive official equipment supplier of the school’s women’s lacrosse program…
Scopecoat Under New Ownership
Scopecoat LLC, makers of patented protective covers for sporting, combat, law enforcement, tactical optics, is now under the ownership of Terry Naughton, a 15-year veteran of the shooting sports and tactical industries…
Legend Sportswear Offered Incentives from Ohio for First U.S. Plant
The State of Ohio approved an economic incentive package Aug 31. to lure Legend Sportswear (Shanghai) Pty Ltd., which manufactures customized, sublimated jerseys and other team, cycling and outdoor apparel, to build its first U.S. plant near Cincinnati…
Cabela’s Board Authorizes New Stock Buyback
Cabela’s Incorporated's board of directors has approved a share repurchase program authorizing the company to repurchase up to $500 million of its common stock over a two-year period…
Reynolds Cycling to Make Rims for Borealis Fat Bikes
Reynolds Cycling will begin making rims in Utah for a new wheelset that will be offered on premium models of Borealis fat bikes and in the aftermarket…
Agenda New York to Move to Miami
Agenda New York, which buyers from outdoor, action sports and other specialty retailers, will relaunch in Miami, FL on Jan. 18, 2016…
Hudson Trail Outfitters to Close its Doors
Hudson Trail Outfitters is closing its four remaining stores and going out of business after 45 years of serving the great Washington D.C. area. The company's four remaining stores operate in Washington D.C.; Rockville, MD; Arlington, VA and Fairfax,
Wolverine Worldwide Names Chip Coe EMEA Managing Director
Wolverine Worldwide appointed Chip Coe managing director of its EMEA region, replacing Dan Le Vesconte. Succession planning is underway to replace Coe as GM at Chaco…
Yeti Coolers Taps Vista Outdoor Exec as New CEO
Yeti Coolers named Matt Reintjes, the former head of Vista Outdoor Inc.'s $900 million Outdoor Products Division, as its chief executive officer…
Partnership to Focus on Creating Life-long Skiers and Snowboarders
The Professional Ski Instructors of America and American Association of Snowboard Instructors (PSIA-AASI) have agreed to work with Snow Operating to grow the sports of…
Russell Athletic Renews Alliance with Western Kentucky
Russell Athletic and the Western Kentucky University Athletic Department announced a five-year, $3.5 million renewal to supply athletic apparel for its intercollegiate athletic teams…
Ruger Facility in North Carolina Visited by Congressman
U.S. Rep. Mark Walker (R-NC) toured the Sturm, Ruger & Company, Inc. manufacturing facility in Mayodan, NC, and met with employees and company executives in a show of support for the firearms industry and Second Amendment rights…
Caleres Q2 Sales Soft
Boosted by improved profitabillity at Famous Footwear, Caleres reported second-quarter earnings, excluding a charge for debt extinguishment, rose 22.4 percent, to $22.1 million, or 50 cents per share. Analysts’ consensus estimate had been 44 cents a
