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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)

Big 5 Comps Decline in Second Quarter
Big 5 Sporting Goods Corporation reported declining demand for guns and ammo dragged its comp stores sales down 4.9 percent in the fiscal second quarter ended June 29...(7/29/2014)

CamelBak Marks 25th Year in Business
CamelBak, which revolutionized hydration by introducing the first hydration packs in the late 1980s, has hit the quarter century mark. The company has come a long way since its founder stuck an IV bag in a sock to provide hands free hydration during the Hotter 'N Hell 100-mille bike road race. Today it sells hydration packs, vests, belts, bottles and a filtration pitcher and serves customers in more than 50 countries...(7/29/2014)

Crocs Appoints VP of Retail for North America
Crocs, Inc. appointed Claire Fahie-Conley, former vice president of U.S. retail for Reebok, as its vice president of retail for North America...(7/29/2014)

Saucony Promotes Todd Dalhausser to SVP of North American Sales
Saucony announced the promotion of industry veteran Todd Dalhausser to the position of senior vice president of North American sales...(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)

Accell Names Canadian Distributor for Redline BMX Bikes
Accell North America and Outdoor Gear Canada (OGC) have signed a multi-year distribution agreement making OGC the exclusive distributor of Redline BMX bicycles in Canada...(7/29/2014)

Hi Mountain Seasonings Launches New Website
Hi Mountain Seasonings, manufacturer of kits for homemade jerky and sausage, has announced the launch of its newly designed website that will provide customers with a more engaging and informative experience...(7/29/2014)



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