SGB Update Sports & Fitness
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…
Cole Haan Opens Innovation Center
Cole Haan opened an Innovation & Sports Lifestyle Design Center, located at its global headquarters based in Greenland, NH…
Boot Barn’s Q3 Profits Jump
Boot Barn Holdings, Inc. reported earnings rose 39.7 percent in its third quarter ended Dec. 27 on a 13.1 percent sales gain…
Adidas Sees Record Results in Germany, Austria and Switzerland
Adidas Group reported its combined sales in Germany, Austria and Switzerland hit the €1 billion mark for the first time in 2014…
ISPO Beijing Attendance Up Slightly
Messe München GmbH said 29,948 attended ISPO Beijing from Jan. 28-31, up slightly from last year…
Lands’ End Names Federica Marchionni as CEO
Lands’ End, Inc. named Federica Marchionni as chief executive officer. Marchionni comes to Lands’ End from her role as president of Dolce & Gabbana USA…
TriggerPoint Partners with IMG Academy
TriggerPoint Performance Therapy has been invited to teach proper self-myofascial release techniques (SMR) for effective recovery and injury prevention by IMG Academy in Bradenton, FL…
Deckers Brands Misses and Lowers Guidance on Ugg Shortfall
Shares of Deckers Brands cratered last week after the company missed its earnings guidance in its third quarter ended Dec. 31 and forecast a loss in its fourth quarter. On Friday following the earnings release Thursday night, shares tumbled $16.22 to $66.
