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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...

Crocs Cuts Jobs, Closes Stores After Earnings Drop
Crocs, Inc. said it would reverse its strategy Tuesday, saying and focus on profits over growth. The company will trim its product line, close stores, cut back on direct investment overseas and focus on efficiency. The company unveiled the plan while reporting that its revenue climbed 3.6 percent and gross margin fell 150 basis points during the second quarter ended June 30, 2014...(7/22/2014)

OIA VantagePoint Data Shows Outdoor Product Sales Acclerated in June
Sales of outdoor products look to be picking up steam this summer as sales of outdoor footwear, apparel and hardgoods increased 6.8 percent to $1.18 billion in the five-week fiscal month of June. The growth trend for the month represented an acceleration from the low-single-digit trend seen in the fiscal year-to-date period through May, according to retail point-of-sale data compiled by SportScanInfo for OIA VantagePoint™. Fiscal year-to-date...(7/22/2014)

Rawlings Appoints Chief Operating Officer
Rawlings Sporting Goods Company, Inc., a subsidiary of Jarden Corporation, named Jeff Fiorini as its chief operating officer...(7/22/2014)

Competitor Group Appoints Meb Keflezighi VP of Running
Competitor Group, Inc. (CGI) named Meb Keflezighi its first vice president of running, effective immediately. The Boston Marathon winner will develop CGI's training content and directly contribute to the company's overall growth in the running industry focusing on the popular Rock ‘n’ Roll Marathon Series...(7/22/2014)

Skechers Signs Kelly Brook as Endorser
Skechers has signed model, actress and television presenter Kelly Brook to appear globally in the footwear company’s multi-platform marketing and social media campaigns through 2015. The British-born star...(7/22/2014)

Voormi and Fishpond Collaboarte to Launch Apparel Line
Voormi, which provides domestically sourced precision blended wool and gear maker Fishpond are collaborating to launch an apparel line suitable or remote access, high alpine fly-fishing... (7/22/2014)

Report: Dick's SG Fires Golf Pros
Dick's Sporting Goods fired all its professionals that worked in their golf sections, according to a report from ESPN...(7/22/2014)

The North Face Expects All Polyester Fabric to Be Made From Recycled Content by 2016
The North Face expects all its polyester fabric, which accounts for 80 percent of the material used in its apparel, to be made from recycled content by 2016 and expects all its down products to use Responsible Down Standard-certified down by 2017, acccording to its fourth annual corporate responsibility report...(7/22/2014)



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