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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...

Crocs Cuts Jobs, Closes Stores After Earnings Drop
Crocs, Inc. said it would reverse its strategy Tuesday, saying and focus on profits over growth. The company will trim its product line, close stores, cut back on direct investment overseas and focus on efficiency. The company unveiled the plan while reporting that its revenue climbed 3.6 percent and gross margin fell 150 basis points during the second quarter ended June 30, 2014...(7/22/2014)

OIA VantagePoint: Outdoor Product Sales Accelerate in June
Sales of outdoor products look to be picking up steam this summer as sales of outdoor footwear, apparel and hardgoods increased 6.8 percent to $1.18 billion in the five-week fiscal month of June. The growth trend for the month represented an acceleration from the low-single-digit trend seen in the fiscal year-to-date period through May, according to retail point-of-sale data compiled by SportScanInfo for OIA VantagePoint™. Fiscal year-to-date...(7/22/2014)

Rawlings Appoints Chief Operating Officer
Rawlings Sporting Goods Company, Inc., a subsidiary of Jarden Corporation, named Jeff Fiorini as its chief operating officer...(7/22/2014)

Competitor Group Appoints Meb Keflezighi VP of Running
Competitor Group, Inc. (CGI) named Meb Keflezighi its first vice president of running, effective immediately. The Boston Marathon winner will develop CGI's training content and directly contribute to the company's overall growth in the running industry focusing on the popular Rock ‘n’ Roll Marathon Series...(7/22/2014)

Skechers Signs Kelly Brook as Endorser
Skechers has signed model, actress and television presenter Kelly Brook to appear globally in the footwear company’s multi-platform marketing and social media campaigns through 2015. The British-born star...(7/22/2014)

Sportsman's Warehouse to Open New Store in Spokane
Sportsman's Warehouse will open a store in Spokane, WA in early 2015. This location will be the first of eight planned stores that will open during 2015...(7/22/2014)

Voormi and Fishpond Collaborate to Launch Apparel Line
Voormi, which provides domestically sourced precision blended wool and gear maker Fishpond are collaborating to launch an apparel line suitable or remote access, high alpine fly-fishing... (7/22/2014)

Made in USA Certification Company Settles with FTC
A company that provides a “Made in USA” certification seal to marketers has agreed to settle Federal Trade Commission charges that it deceived consumers by allowing companies to use the seal without either independently verifying that those companies’ products were made in the United States, or disclosing that the companies had certified themselves... (7/22/2014)



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