SGB Update Sports & Fitness
Lululemon’s Q1 Comp Sales Rise 8 Percent
Lululemon Athletica Inc. reported net revenue grew 16 percent to $602.5 million in the fourth quarter ended Feb. 1 thanks to an 8 percent increase in comparable sales, including direct-to-consumer sales, in currency-neutral terms…
Nautilus Q1 Revenues Climb 34 Percent
Nautilus, Inc. reported sales for the first quarter of 2015 totaled $96.2 million, a 34 percent increase compared to $71.9 million in the same quarter of 2014. The strong growth was driven by higher sales in both the Direct and Retail segments. Gross marg
Luxottica’s Q1 Revenues Climb Double-Digits
Luxottica Group, the parent of Oakley and Sunglass Hut, reported sales rose 22 percent in the first quarter while profits rose 34 percent…
UK’s Evans Cycles to Trade Hands
Evans Cycles, the UK’s largest specialist cycling retailer is being sold by Active Private Equity to ECI Partners, the companies announced May 1. On completion, ECI will…
Mountain Khakis New Owners Say Brand Has Reached Inflection Point
The investment company that acquired Mountain Khakis last week sees no need to change the outdoor apparel brand’s growth priorities, according to an interview with one of its principals…
Sequential Brands Doubles Q1 Revenues
Sequential Brands Group, which owns Avia, And1, Heelys, DVS and several other apparel brands, reported first-quarter revenue jumped 117 percent to $13.6 million compared to $6.3 million in the prior year quarter…
Puma Debuts First Rihanna Ad
Puma unveiled its first ad starring pop star Rihanna on social media with a caption, “An icon who does it all needs a shoe that can keep up. Introducing the Pulse XT, worn by @badgalriri.#ForeverFaster.”…
Granite Gear Celebrates Designers SGB 40 Under 40 Award
Granite Gear, manufacturer of award-winning backpacks, is proud to announce that their Senior Director of Design and Development, Michael Meyer, is a recipient of the prestigious ‘SGB 40 Under 40’ Award from Sporting Goods Business Magazine…
Turtle Fur Donates $10,000 to Nepal Earthquake Relief
Turtle Fur has made an initial donation of $10,000 to aid in relief efforts for those affected by the recent earthquakes in Nepal…
Implus Control Sold to Berkshire Partners
Implus Corp., which owns Sof Sole, YakTrax, Airplus and other sports accessories brands, announced that Boston-based investment firm, Berkshire Partners LLC, entered into a definitive agreement to acquire a majority position in the company, alongside mana
West Marine Q1 Benefits from Calendar Shift
West Marine Inc. slightly reduced its loss in the first quarter, to $10.3 million, or 42 cents a share, from $11.0 million, or 46 cents a year ago…
Garmin Fitness Continued to Set Pace in First Quarter
Garmin Ltd. Fitness segment continued to distance itself from the company's three smaller businesses in the first quarter by growing sales 31 percent, while sales again declined at the Outdoor segment…
Thule Reports Americas Lagged Europe in Q1
Thule Group AB reported its first quarter sales reached SEK1.37 billion ($165 mm), up 27.1 percent, or 11.5 percent in currency-neutral (c-n) terms as strong growth in Europe and the Rest of the World greatly outpaced growth in the Americas…
Fitness Activities Continue To Dominate Top Ten List of Core Participants
Fitness-related activities captured eight of the top ten rankings for core sports participants in the United States for 2014, according to the 2015 Sports, Fitness, and Leisure Activities Topline Participation Report published by the Sports & Fitness Indu
Red Wing Shoe Receives Manufacturing Leadership 100 Award
Red Wing Shoe Company, the parent of Vasque, was named a recipient of the Manufacturing Executive 2015 Manufacturing Leadership 100 Award (ML 100)…
