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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...

Gaiam Acquires Top-Selling Yoga App
Gaiam Inc. has acquired Yoga Studio, the number one ranked yoga app for the iPhone, in a deal that will advance both companies' mission of making yoga accessible to everyone...(10/17/2014)

Ground is Broken for Peoria's Louisville Slugger Sports Complex
Officials gathered at Peoria’s Louisville Slugger Sports Complex located at Orange Prairie Road north of The Shoppes at Grand Prairie to put shovels in the dirt and officially break ground. The complex that will attract people from throughout the Midwest and across the U.S. plans to open in the spring of 2015... (10/17/2014)

Active Ride Shop Names Rick Mina as President
Active Ride Shop, based in Rancho Cucamonga, CA, and Tengram Capital Partners (“Tengram”) announced that Rick Mina, former Foot Locker executive, would take on the role of president. Esmail Mawjee has decided to transition into the role of a strategic advisor for Active. Esmail remains a shareholder in Active and retains his seat on the board of directors...(10/16/2014)

Bookings Diverge Sharply at U.S. Western Resorts
Bookings are up strongly at ski and snowboard resorts in the Rocky Mountains, but down nearly as much in the Far Western resorts in California, Oregon and Washington, according to the latest data from DestiMetrics...(10/16/2014)

Google Express Adds 3 Cities, 3 Sporting Goods Retailers
Paragon Sports of New York City, Wrigleyville Sports in Chicago and Sports Authority of Denver are among 16 new retailers that have joined Google Express, which expanded Monday into Chicago, Boston and Washington D.C...(10/16/2014)

Club Ride Secures Expanded Credit Line
Club Apparel said Mountain West Bank expanded its credit line by $525,000 to $1.5 million needed to fund growth. The Ketchum, ID-based maker of cycling lifestyle apparel said it ended the third quarter with $476,000 in credit still available on the line...(10/16/2014)

Denver Broncos Are America's Favorite Football Team
According to a new Harris Poll, the Denver Broncos are America's most popular team. They're followed by the NY Giants (who have moved up two spots to 2nd) and the Green Bay Packers (who dropped one spot to 3rd). The Dallas Cowboys, last year's most popular team, dropped to the #4 spot this year... (10/16/2014)

EBay's Q3 Revenues Grow 12 Percent
Ebay reported that revenue for the third quarter increased 12 percent to $4.4 billion, compared to the same period in 2013. GAAP earnings of $673 million or $0.54 per diluted share, and Non-GAAP earnings of $848 million or $0.68 per diluted share, were driven by accelerating enabled commerce volume growth and double-digit revenue growth...(10/16/2014)



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