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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...

Jay Leno Cancels SHOT Show Performance
The National Shooting Sports Foundation (NSSF) in a statement said it was "clearly disappointed" that Jay Leno has cancelled his performance at the upcoming SHOT show in Vegas. On Tuesday, several gun violence-prevention groups called on the comedian to cancel his appearance partly because the NSSF's headquarters are based in Newtown, CT... (11/20/2014)

Nike Launches Its First Store Devoted to Women
Nike opened its first store dedicated to women. The 6,000-plus square-foot location in the in the Fashion Island lifestyle center in Newport Beach, CA also features an in-store studio for group or personal fitness training sessions the first in a U.S. Nike retail location. Other women's locations are planned for Pasadena and China...(11/20/2014)

Cocona Claims Sheex's Lawsuit Without Merit
Responding to Sheex Inc.'s patent infringement lawsuit, Cocona Inc., the maker of 37.5 technology, said it "can state in unequivocal terms that the lawsuit is wholly without merit, and we do not believe that Cocona has infringed on these patents."...(11/20/2014)

Deckers Brands Appoints SVP, EMEA
Deckers Brands appointed Sergio Azzolari to the role of senior vice president, EMEA, starting on Feb. 2, 2015. He had worked for Luxottica Group... (11/20/2014)

Icebreaker to Open Store in Calgary
Icebreaker announced the launch of its newest retail “TouchLab” in Calgary’s Chinook Center, one of North America’s highest-performing shopping destinations. Icebreaker now has 13 North American stores...(11/20/2014)

Perry Ellis Trims Q3 Loss Amid Shareholder Revolt
Perry Ellis International, which is being pressured by at least two of its largest shareholders to consider breaking up, reported it cut its losses sharply in the third quarter on a 5.3 percent decline in revenue. In its earnings release, Perry Ellis said its continue an ongoing strategic review, but did not address a letter released Tuesday by two dissident shareholders formally requesting its board of directors form a special committee and hire an investment bank to explore strategic options...(11/20/2014)

RECALL: 8,000 Leatherman Leap Children's Multi-tools
Leatherman Tool Group Inc. is recalling about 8,000 of its Leap children's multi-tool because the lock mechanism on the optional knife blade can inadvertently release the blade, posing a laceration hazard...(11/20/2014)

Report: Puma Close to Signing Rihanna
Puma is close to signing superstar singer Rihanna to a major deal to design footwear and apparel, according to a report in the Daily News...(11/20/2014)



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