SGB Update Sportsmans

Crailar Technologies Reports Much Lower Q1 Losses

Crailar Technologies Inc., which raised capital from Adidas Group's venture capital fund in 2013 to develop fibers from flax and hemp, greatly reduced its losses on a big jump in sales in the first quarter…

Kelty Aims to Keep Spot on Pack Wall

A major marketing campaign kicked off by Kelty last month is aimed as much at its wholesale partners as consumers. The year-long “Kelty Built” campaign is designed to build excitement around the brand ahead of a Spring 2016 product launch that Kelty will

Nordstrom Posts 4.4 Percent Q1 Comp Gain

Nordstrom, Inc. reported earnings per diluted share of 66 cents for the first quarter ended May 2, which were in-line with company expectations, compared with 72 cents a year ago. Total company net sales increased 9.8 percent and comparable sales increase

Department Stores See Soft Q1

Impacted by the harsh winter weather that extended into many parts of the country into February and March, delays related to a West Coast port dispute, and general softness in consumer spending, several department stores last week reported disappointing f

Macy’s Q1 Earnings Dip

Macy’s, Inc. reported first-quarter earnings slid 13.8 percent. Same-store sales dipped 0.1 percent, lower than planned due to delays caused by the West Coast port slowdown, extreme winter weather and lower international tourist spending…

Democrats Yield in Senate Trade Deal

Senate leaders reached an agreement Wednesday to revive a bill that would provide fast-track trade-negotiation powers to President Barack Obama, one day after Democrats blocked the measure…

Oofos Appoints President

Oofos, a pioneer in the category of recovery footwear, named Deborah Gendreau-Flynn to the position of president. Gendreau-Flynn most recently served as the vice president of sales for Sperry Top-­Sider…

Black Diamond Inc. Sales Rise 13 Percent in First Quarter

Black Diamond Inc. reported sales increased 13 percent in the first quarter of 2015, driven in part by growth in sales of Black Diamond apparel and the launch of road bicycling helmets and sunglasses at POC. Black Diamond Inc. said it continues to explore

Merrell’s President Exits

Wolverine World Wide Inc. confirmed that Gene McCarthy, Merrell brand’s president since August 2013, had left the company, effective May. 4. Jim Gabel, president of Wolverine’s Performance Group, has assumed day-to-day leadership of the brand.

Adventure Racing, MMA and Triathlons Among Fastest Growing Sports

Adventure racing, MMA for competition, off-road triathlons, lacrosse and rugby were among the fastest growing sports over the last two years, according to the Physical Activity Council's 2015 Sports, Fitness, and Leisure Activities Topline Participat

Fitbit Files for Initial Public Offering

Fitbit, the fitness tracker, has filed for an initial public offering of up to a $100 million. The company will trade on the NYSE under the ticker FIT…

Moots Promotes Boucher to President’s Role

Moots Cycles has named Butch Boucher, a 19-year veteran of the company, as its new President. Boucher will oversee all aspects of the company including strategic planning, product development, operations, finance, marketing and sales…