SGB Update Sports & Fitness
Oiselle Returns to NYC Fashion Week
After a strong debut at Nolcha Fashion week in 2013, Oiselle, the women’s athletic and lifestyle apparel brand from Seattle, is returning to New York City on Sept. 9…
RYU Board Grants 6.35 Million in Options to New Management, Others
Respect Your Universe Inc.'s board of directors granted options to acquire up to 6.35 million shares of RYU's common stock at an exercise price of 30 cents share to RYU's new management team, consultants and employees…
ASICS Reports Lower Exports Cause Japanese Fiscal Q1 Revenues to Dip
Asics reported its sales in Japan decreased 1.5 percent to ¥27.2 billion ($267 mm), mainly because of a decline in footwear sales to overseas sales subsidiaries…
BPSA Forms Electric Bike Committee
In yet another sign that e-bikes are gaining traction in the U.S. market, the Bicycle Product Suppliers Association (BPSA) created an Electric Bicycle Committee last week…
Adidas Closes Adams Golf’s Headquarters in Plano, Texas
TaylorMade-Adidas Golf is closing the Plano, TX headquarters of Adams Golf as part of a restructuring announced two weeks ago…
Nike, Inc. Announces Retail Management Changes
Nike, Inc. announced two management appointments in two important areas of its global business, retail and women’s…
Yue Yuen Reports 1H Loss After Setting Aside $90 Million for Worker Benefits
Yue Yuen Industrial Limited reported a loss for the first half of the year after setting aside $90 million to provide social insurance and housing to settle a massive strike at one its factories in China. The company, which is the largest producers of ath
Beckerman and Jackson Elected to Sporting Goods Hall of Fame
The Sporting Goods Industry Hall of Fame Committee has elected David Beckerman, the founder and CEO of Starter, and the late Bill Jackson of Bill Jackson’s Shop For Adventure in Pinellas Park, FL to the 2015 Class of the Hall of Fame…
Performance Sports Group Reports 15 Percent Organic Sales Growth
Performance Sports Group Ltd (PSG) reported revenues in the fiscal fourth quarter ended May 31 increased 30 percent to $112.9 million compared to $86.7 million in the same year-ago quarter. Organic sales, or sales excluding recently acquired Easton Baseba
The Golf Group Reports on Latest Counterfeit Raid in China
The U.S. Golf Manufacturers Anti-Counterfeiting Working Group reported that raids by Chinese law enforcement resulted in the seizure of almost 62,000 counterfeit golf products from two factories in the last two months…
Macy’s Fiscal Q2 Growth Can’t Offset First Quarter Shortfall
Macy’s, Inc. lowered its guidance for full year sales growth, saying fiscal second quarter sales growth was not enough to offset disappointing first quarter results…
Flip Flops Shops Middle East Franchisee Opens First Shop
Flip Flop Shops, which sells a wide array of skate, surf, beach and outdoor brands, said a franchise partner opened the first of 50 shops planned for the Middle East in Kuwait City on Aug. 10…
Grassroots Outdoor Alliance Names Wes Allen President
Grassroots Outdoor Alliance named Wes Allen as its new president. A former national sales manager for Chaco and co-owner of Sunlight Sports in Cody, WY, Allen will start in his new position Sept 1…
Birkenstock Enters Licensing Business
Birkenstock has entered an exclusive agreement with a German company to license its brand in four strategic new markets, including…
Athos Receives New Funding for Biometric Fitness Apparel
Athos, which has announced plans to launch a line of biometric fitness apparel this fall, has closed $12.2 million in Series B financing. The Redwood City, CA company said it will use the funds to…
