SGB Update Sportsmans

NRF Cuts 2015 Forecast

The National Retail Federation (NRF) lowered its retail sales forecast for 2015 because of unexpected slow growth recorded during the first half of the year, similar to the industry’s experience in 2014. However, NRF expects sales will steadily incr

Zalando Sales Accelerate in Second Quarter

Zalando SE, a German fashion e-tailer that sells dozens of athletic and outdoor brands across Europe, reported preliminary figures show sales growth accelerated and margins fell in the second quarter…

Wolverine Worldwide Q2 Tops Expectations

Wolverine Worldwide Inc. reported second-quarter earnings slid 12.9 percent on an adjusted basis but easily came ahead of Wall Street's consensus target. On a currency-neutral basis, the company saw mid-single digit revenue growth…

ThomasNet Creates U.S. Sourcing Platform for Walmart

Walmart has partnered with ThomasNet, a leading supplier of industrial directories, to help vendors find American manufacturers so the retailer can meet its goal of investing $250 billion in U.S. products by 2023…

Pou Sheng to Report First Half Profit

Pou Sheng International (Holdings) Limited, the largest retailer and distributor of athletic and outdoor footwear in mainland China, expects to turn a profit in the six months ended June 30…

Ebay to Sell Enterprise Unit

Ebay Inc. reached an agreement to sell its Enterprise business, formerly GSI Commerce, to a consortium led by private equity firm Permira for $925 million…

Black Diamond Recalls Innovative JetForce Packs for Firmware Fix

Black Diamond Inc. recalled all its groundbreaking JetForce avalanche airbag packs July 14 to check for a malfunction of an electric motor that prevents some airbags from deploying. The recall demonstrates the risks company's must undertake to engage

Unifi Expands Repreve Recycling Center

Unifi, Inc. celebrated the groundbreaking of an 85,000-square-foot addition to its Repreve Recycling Center, which recycle PET bottles to create nylon yarns that are widely used by outdoor and athletic apparel brands…

New Accelerator to Focus on Modernizing the Retail Experience

Parsons School of Design, Harvard’s i-lab and global management consulting firm Kurt Salmon are joining forces to create XRC Labs, a New York-based accelerator that will focus on modernizing the retail and consumer goods industry…