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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...

Durant Spurns Under Armour to Return to Nike
According to multiple reports, Nike signed NBA star Kevin Durant to a 10-year contract potentially worth about $350 million. Durant, the NBA's reigning most valuable player, had reportedly reached a tentative deal with Under Armour on a 10-year contract but Nike topped the offer...(9/2/2014)

Luxottica Moving to Dual CEOs in Wake of Guerra's Departure
Luxottica Group S.p.A., which owns the Oakley and Ray-Ban sunglasses brands and Sun Glass Hut, parted ways with CEO Andrea Guerra Monday and unveiled a new management structure based on a co-CEO mode. Under the new model, one CEO focuses on Markets and the other Corporate Functions. Enrico Cavatorta, current general manager and CFO of the Group, was appointed CEO of corporate functions and Interim CEO of Markets, pending the appointment of a permanent executive to this position...(9/2/2014)

Billabong Names Two Key Sourcing Executives
Billabong COO Jeff Streader announced two key appointments on his global team. Randy Mikko Royce has been appointed to the role of Vice President, Global Supply Chain and Kitty Ho has been appointed as Vice President, Global sourcing for the Billabong Group of companies...(9/2/2014)

EMU Appoints VP OF North America
Australian footwear brand EMU appointed Dan Singer as vice president of North America...(9/2/2014)

Golf Rounds Pick Up in July
According to Golf Datatech, golf rounds played on a national level were up 1.1 percent during July compared to July 2013...(9/2/2014)

Liberty Safe Acquires 9g Products
Liberty Safe and Security Products announces the acquisition of 9g Products...(9/2/2014)

OIA Appoints VP of Marketing and Communications
The Outdoor Industry Association announced that Jennifer D. Pringle has been chosen as its new vice president of marketing and communications. Most recently she served as a partner with 4Leaf Partners...(9/2/2014)

Original S.W.A.T Acquires Tactical Holdings
Original S.W.A.T., a leading maker of tactical footwear, announced that its company, Original Footwear, has purchased the majority of the assets of Tactical Holdings, the parent of Wellco and Altama...(9/2/2014)



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