SGB Update Sportsmans
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…
Anti-Trust Concerns Prompt BPSA to Reject IBD Manifesto
The Bicycle Product Suppliers Association (BPSA) has advised its members to consult with attorneys before fully endorsing a “Manifesto for Change” circulated by Interbike last week…
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…
Keds Partners with Skincare Brand on Collection
Keds has formed a partnership with Eos on a collection of three sneakers inspired by the flavors and colors of Eos Smooth Sphere Lip Balms…
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…
Performance Sports Group Appoints EVP, Baseball/Softball
Performance Sports Group Ltd. appointed Todd Harman to executive vice president, baseball/softball. Harman was most recently president of Cleveland Golf…
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…
Under Armour Employee Seeks Climbing Record
An Under Armour employee will attempt to summit six of the world’s highest mountains this spring in a record-breaking task. His Summits Challenge is designed to raise awareness and funds to combat human trafficking…
Largest Big 5 Shareholder Initiates Proxy Battle
Stadium Capital Management, LLC (SCM), which owns over 11 percent of Big 5 Sporting Goods Corp, plans to nominate three independent candidates to the sporting good chain’s board at its upcoming annual meeting…
DSW’s Q4 Profits Rise 13 Percent
DSW Inc. reported earnings on an adjusted basis rose 13 percent to $30.9 million, or 35 cents a share, exceeding its guidance calling for earnings between 21 and 31 cents a share. Comparable sales increased 7.6 percent…
Deckers Brands Promotes Dave Powers to President
Deckers Brands promoted Dave Powers to the role of president where he will lead the company's omnichannel organization, as well as its Ugg, Teva, Sanuk, Ahnu and Hoka One One brand teams…
Dick’s SG Sets Grand Openings for New Stores
Dick's Sporting Goods set grand opening celebration weekends for stores in Washington, MO and Twin Falls, ID…
