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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...

Pressure Bulids for Obama to Intervene in West Coast Labor Talks
Pressure on President Obama to intervene in contract talks between the International Longshore and Warehouse Union and Pacific Maritime Association continued to build Tuesday when more than 160 trade associations and communities sent another letter urging him to appoint federal mediators to help the two sides reach an agreement... (12/24/2014)

Altamont Capital Invests in Hybrid Apparel
Altamont Capital Partners has partnered with existing shareholders to lead a strategic investment in Hybrid Apparel (Hybrid), a leading supplier of branded, licensed and private label apparel. Current shareholders, including Hybrid Founder and CEO Jarrod Dogan, will invest alongside Altamont and the Fox family of Fox Head, Inc. (Fox)...(12/24/2014)

Alibaba CEO Lays Out Company's Anti-Counterfeiting Efforts
Alibaba Group has spent RMB1 billion ($160.7 million) in the year ended Nov. 30 fighting counterfeit goods and enhancing consumer protection online, the company's CEO Jonathan Lu said Tuesday. Lu said the company has assigned more than 2,000 employees to a task force that has worked with Chinese law enforcement to prosecute dozens of cases, including many involving counterfeit Nike, Jordan, Ugg, Adidas gear...(12/23/2014)

Consumer Spending Helped Push Q3 GDP Growth to 5.0 Percent
The economy grew at its fastest rate in 11 years in the third quarter, according to a third estimate released by the Bureau of Economic Analysis (BEA) that showed consumer spending increased more than thought and sent the prices of many U.S. consumer stocks upward...(12/23/2014)

Bass Pro's Debt Ratings Unimpacted by Fishing Holdings AcquisitionNo Impact on Debt Ratings
Moody's Investors Service said that Bass Pro Group, LLC's Dec. 11, 2014 announcement that it has agreed to acquire fishing boat maker Fishing Holdings, LLC from Platinum Equity is a modest credit negative because leverage will increase moderately, but has no impact on Bass Pro's Ba3 Corporate Family Rating, B1 secured term loan rating, or the stable rating outlook...(12/23/2014)

Bob Hurley to Headline Agenda Emerge Conference Next Month
Hurley Founder Bob Hurley will headline a list of iconic creative directors, industry leaders and entrepreneurs in the youth marketplace at Agenda Emerge, which will be held on the last day of the Agenda Long Beach Show...(12/23/2014)

Hanesbrands Files Trademark Suit against Gildan
Hanesbranes Inc. filed a trademark infringement lawsuit against Gildan Activewear Inc. The lawsuit claims Gildan's use of TEMPFX infringes on Hanesbrands' X-Temp trademark... (12/23/2014)

Japan's Yomiuri Giants to Wear Under Armour in 2015
The Yomiuri Giants, Japan’s best-known baseball team, will be outfitted by Under Armour in 2015, under a new agreement. The multi-year apparel and accessories partnership was announced in Tokyo by the team and Dome Corp., which is licensed to sell the Baltimore-based company’s products in Japan...(12/23/2014)



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