SGB Update Sports & Fitness
Vista Outdoor Stock to Begin Trading Tuesday
Alliant Techsystems Inc. (ATK) completed the previously announced tax-free spin-off of its Sporting Group business to ATK stockholders as a newly formed company named Vista Outdoor Inc., which owns Bushnell, Bollé and dozens of…
Columbia/Grassroots Belay Program Announces Grant Winners
Columbia Sportswear Co. and Grassroots Outdoor Alliance awarded $100,000 in grants to 20 projects designed to get kids outside and conserve wilderness…
Saucony Athlete Claims First U.S. Title
Saucony Athlete Laura Thweatt broke the tape at the USA Track and Field Cross Country Championships in Boulder, Colorado on Saturday, claiming her first U.S. title. A member of the Boulder Track Club, Thweatt won the 8K open women’s race…
NFL Names First Chief Medical Advisor
The NFL appointed Dr. Elizabeth G. Nabel as its first chief health and medical advisor…
Nike to Open Women’s-Only Store in the U.K.
Nike plans to its first women's store in the U.K. So far, Nike has opened two other women's-only stores, one in Newport Beach and another in Shanghai…
Early Colorado Snow Lifts Intrawest’s Same-Store Sales
Intrawest Resorts Holdings Inc. said price increases at its eastern resorts and abundant snow in Colorado ahead of the Christmas break enabled it to increase same-store sales 11.6 percent in the quarter ended Dec. 31, 2014…
Johnson Outdoors Says JIT Efforts Hurt Fiscal Q1 Results
Johnson Outdoors Inc. attributed a 10.5 percent drop in sales in the first fiscal quarter ended Jan. 2 to retailers continuing move toward later deliveries and more sophisticated just-in-time inventory management.
Gildan Posts Q1 Loss on Pricing Changes, Acquires Comfort Colors
Gildan Activewear reported a loss of $41.2 million, or 34 cents a share, in its first quarter ended Jan. 4 due to previously-announced price reductions in its Printwear segment designed to compete more effectively in the marketplace…
Amer Sports Grows Q4 Sales and Gross Margin Despite Winter Woes
Amer Sports reported net sales grew 6 percent in currency-neutral terms in the fourth quarter ended Dec. 31, despite a 9 percent decline in sales of Atomic and Salomon winter equipment, which it attributed to the late arrival of winter. Gross margins and
Apex Ski Boots Founder Appears on CNBC’s Power Pitch
Apex Ski Boots Founder and President Denny Hanson got his shot at the limelight this week when he pitched the company's crowdfunding campaign during a segment on CNBC's Power Lunch…
Nike Returns as Official Supplier to US Canoe/Kayak
Nike has returned as the official supplier of apparel and footwear for USA Canoe/Kayak's national teams via a two-year agreement through the end of 2016…
Asics Relaunches Asics Tiger as Sport Lifestyle Brand
Asics announced the relaunch of the Asics Tiger brand for the sport lifestyle market. Originally designed as competitive sports shoes during the 1980s and early 90s, the current line of street style shoes will feature fresh, casual designs for everyday we
GoPro’s Q4 Revenues and Margins Soar
GoPro, Inc. reported revenue soared 75.4 percent and gross margin 600 basis points in the fourth quarter ended Dec. 31, 2014 after shipping as many cameras as in all of 2012. Operating income grew nearly 2.5 fold, while diluted earnings per share reached
Dakine Hires Akimbo Communications
Dakine has hired Akimbo Communications to oversee media relations…
Foot Locker Recognized as Favorite Shoe Retailer
Findings from a national consumer study by Market Force Information revealed that revealed that Foot Locker is consumers’ favorite shoe retailer, followed by Skechers, Nike, DSW and Famous Footwear…
