SGB Update Sports & Fitness

Deckers Brands Misses and Lowers Guidance on Ugg Shortfall

January 31, 2015

Shares of Deckers Brands cratered last week after the company missed its earnings guidance in its third quarter ended Dec. 31 and forecast a loss in its fourth quarter. On Friday following the earnings release Thursday night, shares tumbled $16.22 to $66.

Oiselle Appoints Atsuko Tamura as President

January 30, 2015

Oiselle, a women’s athletic apparel brand, appointed Atsuko Tamura as president. Effective immediately, Tamura will join Founder and CEO Sally Bergesen in leading the rapidly growing company with a focus on operations, finance, strategic growth via

Dorel Raising Prices to Mitigate Impact of Strong Dollar on FY15 Earnings

January 30, 2015

Dorel Industries Inc., which owns one of North America's largest bicycle businesses, warned investors Jan. 29 that it expects the strong dollar to have a “significant negative impact” on its earnings in fiscal 2015 even though it expects to mitigate

Louisville Slugger Signs Christian Yelich

January 30, 2015

Louisville Slugger signed Miami Marlins Gold-Glove-winning left fielder Christian Yelich, 23, to an endorsement deal. The company has signed more than 8,000 professional players over the decades, but Yelich marked the first time a Major Leaguer signed his

Brunswick Reports Demand for Big Boats Fattened Q4 Margins

January 30, 2015

Brunswick Corp.'s Marine segment returned to the black in fourth quarter amid surging demand for its largest boats and engines and solid growth at its Life Fitness business…

HanesBrands Q4 Earnings Leap

January 30, 2015

Aided in part by strong momentum for Champion in sporting goods and department store channels, HanesBrands Inc. racked up a robust fourth-quarter as well as record full-year profitability for the second consecutive year…

2XU Signs World Champion Triathlete Craig Alexander

January 29, 2015

2XU has added professional athlete and World Champion Triathlete Craig “Crowie” Alexander and his triathlon coaching company Sansego to its growing portfolio of brand ambassadors…

Brunswick Corp’s Q4 Revenues Rise Double-Digits

January 29, 2015

Brunswick Corporation reported fourth-quarter revenues rose 13.5 percent to $938.6 million on strong sales across all three of its segments. Sales grew 8 percent at its Fitness segment, including Life Fitness, 10 percent in its Marine Engine segment and 2

Deckers Misses Q3 Guidance on Uggs Shortfall

January 29, 2015

Deckers Brands reported earnings in its third quarter ended Dec. 31 rose 7.5 percent to $149.4 million, or $4.50, but missed its original guidance. Overall Ugg sales grew 6.5 percent but Ugg Classic styles declined due to a slow October and November selli

Atomic and Salomon Offer Online Snow Safety Curriculum

January 29, 2015

Amer Sports' Atomic and Salomon ski brands have created Mountain Academy to offer in-depth, online snow safety education. Curriculum is accessible via direct payment, less than the cost of a lift ticket, or through purchasing qualified Atomic and Sal

Callaway Shrinks Q4 Loss

January 29, 2015

Callaway Golf Company reported sales increased 6 percent in the fourth quarter. The net loss was cut to $41.5 million, or 54 cents a share, from $49.5 million, or 65 cents, a year ago. For the full year, despite challenging conditions that beset the golf