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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...

Frank Hugelmeyer Resigns as President and CEO of Outdoor Industry Association
The Board of Directors for Outdoor Industry Association (OIA) announced that Frank Hugelmeyer has resigned as president and chief executive officer, effective Oct. 3. The OIA Board will identify an interim executive director to continue the positive momentum of the organization while a special search committee and a national search firm will partner to identify the right person to lead OIA moving forward...(9/30/2014)

Netpulse Raises $18.6 Million in New Funding
Netpulse, the fitness industry's leading digital platform, has secured $18.6M in new funding led by Nokia Growth Partners, with participation from August Capital, Javelin Venture Partners, DFJ Frontier and Docomo Capital. John Gardner from Nokia Growth Partners will join the company's board...(9/30/2014)

Boot Barn Files for IPO
Boot Barn Holdings Inc., which operates 155 stores in 24 states, has filed for an initial public offering. The company plans to raise up to $86.25 million...(9/30/2014)

Creative Recreation Hires Creative Director
Rich Cofinco has returned to lifestyle footwear brand Creative Recreation, a division of Rocky Brands, Inc. as the brand's creative director. Cofinco, who departed in 2012, was Creative Recreation's co-founder and original designer...(9/30/2014)

L.L.Bean to Open First Colorado Store
L.L.Bean is set to expand its retail operation with the opening of its first Colorado store. The new L.L.Bean store will be located in the popular Park Meadows Retail Resort, next to the main entrance. The 13,000 square-foot store will employ approximately 80 people...(9/30/2014)

PRADCO Outdoor Brands Acquires Bandit Lures
PRADCO Outdoor Brands (POB) has acquired Bandit Lures of Sardis, MS and shifted it operations to it Fishing Division in Fort Smith, AL...(9/30/2014)

Shoe Sensation Growing Headquarters and Distribution Center
Shoe Sensation, Inc., a regional chain of family shoe stores, announced plans to expand its corporate headquarters and distribution center here, creating up to 32 new jobs by 2017... (9/30/2014)

Dick's SG Sets Store Opening for Richmond, IN
Dick's Sporting Goods will be opening its 19th store in Indiana and 588th store nationwide on Friday, October 10th at Richmond Village in Richmond (3718 National Road East)... (9/30/2014)



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