SGB Update Sportsmans

Late Deliveries Reduce PacSun Comps in Fiscal First Quarter

Pacific Sunwear of California joined a growing list of companies tempering their first quarter sales and earnings guidance because a backlog of containers at West Coast ports delayed deliveries of key spring products…

Navico Backs Hobie Kayak Fishing Tournament in Europe

Navico's marine electronics brands Lowrance and GoFree have signed on as sponsors of the second edition of the Hobie Fishing European Championship, which takes place between Sept. 11-13, 2015 in France…

Shock Doctor Merges with McDavid

Shock Doctor Sports and McDavid Inc. jointly announced that they have agreed to merge their companies. The combination will bring together two leading sports protection and performance companies with complementary product lines and a shared history of inn

Karmaloop Files for Bankruptcy, Seeks Buyer

Karmaloop Inc., one of the leading online sellers of streetwear, filed for Chapter 11 bankruptcy protection and is seeking a buyer. The bankruptcy filing in Delaware listed $10 million to $50 million in assets…

REI’s Omnichannel Might Fuels Strong FY14 Growth

In a show of omnichannel might, Recreational Equipment Inc. grew sales and profits at their fastest pace in years in fiscal 2014. REI reported sales of $2.2 billion for the 53-week period ended Jan 3, 2015, a 9.9 increase from the fiscal year ended Dec. 2

Macquarie Capital Is Title Sponsor for Ironman XC

The Australian investment banking firm Macquarie Capital will be title sponsor of the Ironman Executive Challenge (XC) Program, which brings together high-level professionals who are passionate about competing in triathlons…

Amer Sports Appoints President of Apparel

Amer Sports appointed Vincent Wauters, currently general manager of Arc'teryx Inc., as president of Amer Sports apparel business and a member of Amer Sports executive board. Wauters will continue to lead the Arc'teryx brand…

Asics Launches “Beat the Sun” Campaign

Asics launched a global search for amateur runners to take part in the annual “Asics Beat the Sun” challenge, which returns to Chamonix on Jun. 21, the longest day of the year…

Yue Yuen’s Rising Labor Costs Lead to FY14 Operating Loss

Yue Yuen Industrial (Holdings) Limited, which manufactures footwear for many leading Athletic and Casual/Outdoor brands, reported an operating loss of nearly $100 million in 2013 due in large part to rising labor costs in China…

Feetz Raises $1.25M in Funding

Feetz, which specializes in customizable footwear using 3D printing, closed on a $1.25 million seed round. Investors included Khosla Ventures, the JumpFund, and ex-Reebok CEO Uli Becker. Becker joined Feetz's board of directors…

Vista Outdoor Names VP of Investor Relations

Vista Outdoor Inc., the parent of Bushnell, Federal Premium, Savage Arms, Primos, Blackhawk! and Bollé, named Michael Pici to serve as its vice president of investor relations…