SGB Update Sports & Fitness
Clif Bar Drops Climbers for Film Appearance
Clif Bar announced it will no longer sponsor climbers known primarily for free-soloing, BASE jumping and highlining after news broke that it fired five climbers from its team who appeared participating in those activities in a new documentary film the com
Finish Line Unveils Tech Store in The Mall at Millenia
The Finish Line, Inc. announced the grand opening of its newly revamped store within The Mall at Millenia in Orlando to include an enhanced in-store experience and the addition of the latest Nike Track Club shop-in-shop. The brand will also host several e
Sheex Sues 37.5 for Patent Infringement
Sheex Inc. sued Cocona Inc. for patent infringement, alleging that its Sleep 37.5 sheets infringe on two patents Sheex received in 2013 to protect inventions it developed through years of research and development. In response, Cocona told Sports Executive
Signature Products Group Appoints PR Firm
Signature Products Group (SPG), a producer and licensee of outdoor related products, has retained Howard Communications Inc. for public relations…
Nike Launches Its First Store Devoted to Women
Nike opened its first store dedicated to women. The 6,000-plus square-foot location in the Fashion Island lifestyle center in Newport Beach, CA also features an in-store studio for group or personal fitness training sessions – the first in a U.S. Nike ret
Report: Puma Close to Signing Rihanna
Puma is close to signing superstar singer Rihanna to a major deal to design footwear and apparel, according to a report in the Daily News…
The Buckle’s Q3 Earnings Flat
The Buckle, Inc. reported third-quarter earnings were essentially flat at $40.6 million, or 84 cents per share. Net sales for the 13-week fiscal quarter ended Nov. 1, 2014 increased 1.9 percent…
Princeton Tec Expands Global Distribution Network
Princeton Tec, producer of U.S. manufactured headlamps and handheld lights for the outdoor, bike, tactical, industrial and SCUBA markets, is expanding its global reach for 2015…
American Rec Names Director of Field Sales for Kelty and SJK
American Rec of Boulder, CO has hired Steve Randall as the director of field sales for its Kelty and SJK brands…
Ocean Carriers Retreat on Port Congestion Surcharges in Wake of Fed Scrutiny
Container cargo companies quickly suspended so-called “port congestion” surcharges they had tied to a work slow down by dock workers at West Coast ports after a raft of complaints by shippers prompted scrutiny by the Federal Maritime Commission…
Accell Group’s Updated Forecast Calls for Second-Half Acceleration
Accell Group NV, which sells Raleigh, Diamondback, LaPierre and Haibike bicycles in the United States, said leaner inventories, higher sales of e-bikes and premium sport bikes and acquisitions will result in higher net sales, organic sales and net income
Morakniv Sponsors Mountain Rescue Association
Morakniv, the Swedish knife brand, has partnered with its U.S. distributor Industrial Revolution to sponsor the Mountain Rescue Association (MRA)…
Dick’s SG’s Q3 Reaches High End of Guidance
Dick's Sporting Goods reported a slight decline in earnings in the third quarter, but results came in at the higher end of guidance. Consolidated same-store sales increased 1.1 percent with “continued pressures” in golf and hunting keeping comps at t
GoPro to Raise $100 Million in Secondary Offering
GoPro plans to raise $100 million in a secondary offering that will raise about $708 million for its current shareholders, including approximately $315 million for a trust controlled by founder Nicholas Woodman and his wife Jill Woodman, according to esti
Accell Reports Strengthening Sales and Profitability
Accell Group NV, the Dutch company that sells Raleigh, Diamondback, LaPierre and Haibike bicycles in the United States, expects to book higher sales and profits in the second half based on developments through October…