SGB Update Sports & Fitness

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…

Faction Collective to Make Roxy Ski Line

The Faction Collective will design and manufacture a new range of freeride and freestyle skis for Quiksilver Inc.’s Roxy brand that will hit retailer shelves in autumn 2015…

BowTech Archery Expands Regional Sales Force

BowTech Archery is expanding its sales teams for all of its consumer brands, including Bowtech, Excalibur, Diamond, Stryker and Octane into a single unified organization…

RECALL 3,000 Black Diamond Ski Poles

Black Diamond Inc. is recalling about 3,000 ski poles because the stainless steel pick in the handgrip can break and fail to slow or stop users from sliding downhill on a snow or ice covered slope, posing a risk of injury…

Bookings Pace Continues at Western Mountain Resorts in October

Destimetrics said that bookings for the upcoming ski season sustained their pace in October at 19 western mountain resorts despite mild temperatures and little snow through much of the month. Destimetrics also reported that occupancy climbed 6.3 percent

Pacific Brands in Talks to Sell Sports Brands

Pacific Brands confirmed a report that it is in talks to sell its Brand Collective business, which includes rights to the Dunlop, Slazenger and Everlast sports brands…

Gold Toe to Launch Slippers

The Gold Toe, which is celebrating its 80th year in 2014, plans to debut its first branded line of slippers for men and women this month…

Newton Running Achieves Certified B Corporation Status

Newton Running has certified as a B Corporation, which designates companies that strive to solve social and environmental problems and meet higher standards of social and environmental performance, transparency and…

Li-Ning’s Interim CEO Steps Down

Li-Ning Co. Ltd. said Jin-goon Kim had stepped down as interim chief executive and that founder Li Ning would take over daily operations. The move was made to “facilitate a smooth transition to the new chief executive officer,” who is expected to be named

Ugg Opens First High-Tech Concept Store In Washington, D.C.

Deckers Brands announced the grand opening of its first-ever Ugg Australia technology-driven concept store, located in the Washington, D.C. metropolitan area. Centered exclusively on the consumer, the new store serves as Deckers' second “Innovation