SGB Update Sports & Fitness
Blue Ridge Mountain Sports Secures Financing for Fall Inventory
Blue Ridge Mountain Sports Ltd. (BRMS) has secured financing for inventory to stock its seven stores in Charlottesville, Virginia Beach and Blacksburg, Va; Knoxville, TN; and Madison and Princeton, NJ…
Dorel Sports Q2 Sales Decline as Retailers Work Off Inventory
Dorel Sports revenue was off sharply in the second quarter as European IBDs looking to avoid price increases loaded up on model year 2015 bikes and mass retailers in the U.S. worked off their inventories…
Inov-8 Acquired by Descente Ltd.
Descente Ltd of Japan has acquired control of Inoveight Holdings Ltd (Inov-8) from the private equity firm Livingbridge. Financial terms were not disclosed…
Iconix Brand CEO Steps Down
Iconix Brand Group, Inc. reported Neil Cole is stepping down from his positions as chief executive officer, chairman and president and as a member of the board of directors. Cole has agreed to serve as a special advisor…
Boot Barn Pro Forma Profits More Than Double in Fiscal Q1
Boot Barn Holdings Inc. reported pro forma net income more than doubled in the fiscal first quarter ended June 27 due to contributions from seven new stores and comparable store sales growth…
Callaway Golf Names Linda Segre to Board
Callaway Golf Company appointed former golf pro and marketing executive Linda B. Segre to its board of directors…
Nautilus Strength Business Rebounds in Second Quarter
Nautilus Inc. reported sales rose 23.0 percent in the second quarter on strong demand for its Bowflex cardio machines and a resumption of growth at its legacy strength business…
Ultimate Frisbee Recognized by International Olympic Committee
The International Olympic Committee officially recognized the World Flying Disc Federation (WFDF). The move creates the opportunity for the organization to receive IOC funding and potential inclusion in the Olympic Games…
Implus to Debut New Booth at Outdoor Retailer
Implus, distributor of outdoor, footwear, and fitness accessories, announced the debut of a new booth at OR Summer Market 2015. The booth combines the new brand presence of TriggerPoint, Balega and Falke, which Implus has brought on board within the past
Xero Shoes Appoints Former Crocs CEO as Chairman
Xero Shoes appointed former Crocs CEO, John McCarvel, as board chairman and lead investor..
Delta Apparel Q3 Earnings Climb
Delta Apparel, Inc. reported earnings more than doubled in the first quarter ended June 27. Revenues grew 1.7 percent after excluding the recently sold The Game branded business…
Deckers Brands Q1 Loss Widens
Deckers Brands widened its loss in its first quarter due to higher expenses but stronger-than-planned performances by Teva and Hoka One One helped management slightly raise its outlook for the year…
Skechers Delivers Another Blowout Quarter
With all three of its businesses – Domestic, International and Retail – banging out double-digit growth, Skechers USA Inc. reported the highest quarterly sales in its 23-year history and earnings that handily topped Wall Street’s target…
Costa Led Organic Growth at Essilor’s Sunglasses Business in First Half
Costa sunglasses led a 2.6 percent increase in organic sales at Essilor International's Readers and Sunglasses division in the six months ended June 30…
EWSRA Board Keeps Winter Show Dates
The Eastern Winter Sports Reps Association (EWSRA) board of directors voted unanimously not to change the dates for its 2015-16 show schedule despite conflict with the earlier show dates announced for the Outdoor Retailer Winter Market…