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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...

Puma Q2 Profit Falls Less Than Anticipated
Puma reported earnings declined sharply in the second quarter, but earnings were slightly better than analyst's forecasts Sales dipped 0.6 percent on a currency-neutral basis as a 7.1 percent decline in footwear was only partly offset by a 3 percent gain in apparel, aided by the World Cup. Puma reiterated a 2014 forecast for flat currency-adjusted sales and for EBIT and net earnings to rise by 5 percent and 3 percent respectively...(7/29/2014)

Academy Sports to Enter Orlando, FL
Academy Sports + Outdoors will open four stores in the Orlando, FL area in 2015. The four stores will be located in Kissimmee, Lake Mary, Waterford Lakes and Melbourne. In addition, Academy has formed a multi-year partnership with the Univ. of Central Florida...(7/29/2014)

Iconix Sees Modest Q2 Sales Increase
Iconix Brand Group reported second quarter sales reached $118.9 million, a 3 percent increase as compared to approximately $115.1 million in the second quarter... (7/29/2014)

Skechers Expanding European DC
Skechers USA Inc. plans to expand its European Distribution Centre (EDC) in Belgium by an additional 25,000 square meters to make the facility the largest company-operated DC in the Walloon Region at a total size of 70,000 square meters...(7/29/2014)

Keen Hires Michael Minter as VP of Creative
Keen, Inc. hired its first in-house VP of creative, Michael Minter. It also announced the launch of its new Innovation Lab based in Portland, OR. He was most recently global creative director/global director of marketing at Sanuk...(7/28/2014)

Scott and Kona to Demo Bikes at EORA Summer Market
Scott and Kona are among the bike brands that will be available at the first Eastern Outdoor Reps Association's (EORA) New England and Mid-Atlantic Regional Summer Market Show Aug. 25-27 at the Killington Resort in Vermont...(7/28/2014)

Adidas Outdoor Expands DryDye Collection for Spring 14
Adidas Outdoor has extended its DryDye apparel collection, which consists of shirts dyed using an innovative waterless techology, for Spring 2015...(7/28/2014)

Eastbay Debuts High School Football Web Series Preparation Nation
Eastbay announced a new digital web series, titled Preparation Nation, about the unique training and pregame rituals of the most elite high school football programs in the U.S. Featuring cameos from top professional football players and some of America’s best high school athletes, it details...(7/28/2014)



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