SGB Update Sports & Fitness
New Balance Signs Sock License
Renfro Corporation has become the official U.S. and Canadian licensee for New Balance socks…
Exceed Company CEO Still Seeking Financing for LBO
Exceed Company Ltd. Chairman and CEO Shuipan Lin has still not lined up financing to take the company, which is one of China’s leading domestic sportswear brands, private…
Sierra Designs Hires Head of Global Sales
Sierra Designs has hired outdoor industry veteran Bill Conradt to the head of global sales position…
Under Armour’s Momentum Continues in Q2
With a particularly encouraging performance from its footwear category and international overall, Under Armour reported second-quarter results that exceeded expectations, prompting it to sharply raise its guidance for the full year. The company took its f
Under Armour’s Q2 Revenues Jump 34 Percent
Under Armour, Inc. reported revenues increased 34 percent in the second quarter of 2014 to $610 million led by a 35 percent gain in apparel and 34 percent hike in footwear revenues. Net income in the second quarter of 2014 of $18 million was unchanged com
Cabela’s Tops Q2 Estimates Despite Comp Drop
Cabela's Inc. reported second-quarter earnings slid 2.3 percent to $43.5 million, or 61 cents a share, but results came in well-ahead of Wall Street's consensus estimate of 51 cents a share. Comparable store sales decreased 14.2 percent…
Soul Sports Lands $20,000 Relocation Grant From Park City
Soul Sports has obtained a $20,000 economic development grant to relocate its Soul Poles operation a ew miles to Park City, UT, the upscale mountain resort town that is recruiting sustainable businesses to diversify its economy. The award demonstrates the
Luxottica Says North American Sales Accelerated in Q2
Luxottica Group reported its North America sales accelerated in the quarter and that its sunglassess businesses continued to set the pace globally at both it Wholesale and Retail divisions. Ray-Ban and Oakley drove a 9.9 percent currency-neutral increase
TomTom Doubles Sport Sales in Second Quarter
TomTom reported that revenues from sports products more than doubled in the second quarter thanks to the introduction of its Cardio GPS sport watches, which are now available in 26 countries…
X2 Biosystems Adds Girls Soccer League to Pro League Clients
X2 Biosystems will supply its Integrated Concussion Evaluation (ICE) software system for use by select teams in the Elite Clubs National League (ECNL) during the 2014-2017 soccer seasons…
Macy’s, Inc. Reports New Steps to Enhance Sustainability
Macy’s, Inc. reported a series of new initiatives in its multi-year strategic program to enhance environmental sustainability. They are consistent with the company’s sustainability principles first adopted in 2008 and implemented with increasi
Spy Appoints VP of NA Sales
Spy Inc. promoted Charlie Ninegar to vice president of North American sales…
USA Swimming Launches New Campaign
Ten industry partners, including USA Swimming, are collaborating on a summer-long campaign called SwimToday, led by five-time Olympian and 12-time medalist, Dara Torres. The lighthearted campaign proclaims swimming as “the funnest sport there is” and show
HatsanUSA Inc. Hires New Sales Rep Firm
HatsanUSA, Inc. announced its partnership with Odle Sales as its new sales representative in the “MINK” states…
Crocs Cuts Jobs, Closes Stores After Earnings Drop
Crocs, Inc. said it would reverse its strategy Tuesday, saying and focus on profits over growth. The company will trim its product line, close stores, cut back on direct investment overseas and focus on efficiency. The company unveiled the plan while repo
