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SGB UPDATE

SGB UPDATE is the only continuously updated source for news for the Sporting Goods, Athletic Footwear, and Athletic Apparel markets.  This archive area is updated by our editorial team throughout the day as news breaks in the industry.  The SGB UPDATE newsletter is delivered each business morning via e-mail in either TEXT or HTML format.

Click any of the archive tabs above for more news by category of interest.

All BASIC subscribers can access posted articles free for seven days from publish date.  Once archived, articles can only be accessed with a PREMIUM or an EXECUTIVE subscription.

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The Latest News...

Altrec Raises $1.75 Million in Debt Offering
Altrec Inc., the outdoor specialty retailer that began online in 1999 and opened its first store in 2011, raised $1.75 million earlier this month by selling debt and options, according to a document it filed with the Securities and Exchange Commission...(5/23/2013)

OIA Hires Christie Hickman 
as Vice President of Market Insights
Outdoor Industry Association (OIA) announced the hire of Christie Hickman as vice president of market insights. Hickman brings more than 20 years of experience in research, insight and strategy to her new role...(5/23/2013)

Perry Ellis' Q1 Net Rises 16.5 Percent
Perry Ellis International reported revenues slid 1.2 percent in the first quarter, to $262.3 million from $265.5 million. Revenues were in line with guidance and included increases across several of the company's core businesses, including golf lifestyle apparel, men's accessories and Nike performance swim...(5/23/2013)

OtterBox Acquires LifeProof
OtterBox, the maker of protective cases handheld devices, has acquired TreeFrog Developments Inc., DBA LifeProof. Founded in 2009 and headquartered in San Diego, LifeProof is also a maker of protective cases and complementary accessories for smartphones and tablets...(5/23/2013)

The Buckle's Earnings Flat in Q1
The Buckle, Inc. reported net income for the fiscal quarter ended May 4, was $37.6 million, or 78 cents a share, about even with the $37.8 million, or 79 cents, earned in the same period a year ago. Net sales increased 2.3 percent...(5/23/2013)

USA Football Releases Early Data from Concussion Study
Fewer than 10 percent of youth football players incurred an injury while playing, and of those injuries, 64 percent were minor where athletes returned to play on the same day, according to preliminary findings of a study released by USA Football that may be the most comprehensive ever conducted on the subject...(5/22/2013)

Fjällräven Brand Propels Fenix Outdoor's Q1 Sales
Fenix Outdoor Group reported that its sales in the United States increased 10 percent to SEK 42.3 million ($6.5 mm) in the first quarter ended March 31 on top of 8 percent growth a year earlier as it expanded distribution of its Fjällräven brand with dealers already carrying its Brunton and Primus brands...(5/22/2013)

Pacific Sunwear Q1 Loss Widens
Pacific Sunwear of California, Inc. reported sales from continuing operations for the first quarter of fiscal 2013 ended May 4, were $169.8 million versus net sales from continuing operations of $162.3 million a year ago. Comparable store sales increased 2 percent...(5/22/2013)



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