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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...

Smith Optics to Leave Idaho to Reach Global Potential
Safilo Group will relocate key functions of Smith Optics from Ketchum, ID to a new global design center in Portland, OR and Safilo's North American headquarters in Parsippany, NJ in a bid to take the brand global. Safilo CEO Luisa Delgado said the moves will be phased in from 2015 to 2018 to minimize the impact on employees and the Ketchum community...(10/21/2014)

Crocs Announces Management Team Changes
Crocs, Inc. announced several key management changes. These changes include the appointment of Bob Munroe to general manager of Crocs Americas region; Greg Sullivan to the new role of senior vice president of global business transformation; Scott Yuan to general manager of Greater China; and Michelle Poole to senior vice president of global product creation and merchandising...(10/21/2014)

Implus Acquires TriggerPoint Performance
Implus has acquired TriggerPoint Performance, Inc., a sports performance, self-care brand concentrating on innovation, education and products that optimize muscular performance and personal empowerment. The acquisition comes as Implus continues to expand its current product offerings in the company’s Fitness and Specialty Divisions...(10/21/2014)

PaddleExpo Reports Higher Attendance
Stand-up paddling remained the hottest category at PaddleExpo 2014, which drew more exhibitors, brands and buyers from more countries to Nuremberg Exhibition Hall in Germany last month, according to Horst Fürsattel...(10/21/2014)

New Pearl Izumi Headquarters Wins Top Architectural Prizes
The new headquarters building for Pearl Izumi was recently honored by the Colorado and Denver chapters of The American Institute of Architects (AIA). The new headquarters, located in Louisville, received the top honor from AIA Colorado: the Honor Award for Built Architecture, as well as the Merit Award for Built Architecture from AIA Denver...(10/21/2014)

Reebok Bid Imminent
Reebok is being targeted for acquisition, The Wall Street Journal reported Monday. An investment group that includes a Chinese private equity firm and affiliates of Abu Dhabi's sovereign wealth fund is on the verge of making an unsolicited $2.2 billion offer to acquire the brand from Adidas AG, according to anonymous sources cited by the newspaper. The Group plans to invest in Reebok to accelerate store openings and marketing and would...(10/20/2014)

VF Corp's Outdoor Brands Help Drive Q3 Growth
VF Corp. said Timberland, Vans, The North Face, Kipling and Wrangler drove a 7 percent increase in revenues and an 11 percent increase in earnings per share in the third quarter ended Sept. 27, 2014. In the Americas, revenue were up low double-digits at The North Face, high single-digits at Vans and 15 percent at Timberland. VFC also upped its earnings guidance for the year and says it expects Timberland's full year sales to grow 13 percent, up from 12 percent...(10/20/2014)

Fletcher Sport Brands Appoints President
Fletcher Sport Brands, the parent of the Sunice golf brand, appointed Conrad Tappert as president of FSB effective Oct. 20. Tappert succeeds Mark Fletcher, who decided to leave the company to pursue other opportunities. Tappert will be based in Montreal, Canada... (10/20/2014)



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