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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...

Amazon Prime Launches 1-Hour Delivery Service in Manhattann
Amazon.com, Inc. launched Prime Now in select areas of Manhattan in New York City Thursday. The service offers Amazon Prime members free two-hour delivery on tens of thousands of daily essentials through a mobile app. One-hour delivery is available for $7.99. Amazon is expected to roll out Prime Now to other U.S. cities through a growing network of fulfillment centers...(12/19/2014)

Nike's Q2 Sales Jump 15 Percent
Nike, Inc. reported earnings rose 22.7 percent in the second quarter ended Nov. 30, to $655 million, or 74 cents a share, exceeding Wall Street's consensus estimate of 70 cents. Revenues grew 14.8 percent to $7.38 billion. Nike Brand revenues were up 17 percent on a currency-neutral basis, with growth in every product type, geography and key category, except golf...(12/18/2014)

Athletic, Outdoor Brands Excelling at Fulfillment
Cabela's, Nike and Under Armour were among 10 online retailers that earned spots on the Kurt Salmon Santa’s Good List for Holiday Shipping for speedily delivering multi-unit Cyber Monday orders...(12/18/2014)

Sanuk Founder Jeff Kelly to Transition from Active Role
Sanuk Founder Jeff Kelly is winding down his active involvement with the footwear brand and will be moving on to other projects in 2015, according to Deckers Brands, which acquired Sanuk in 2011. Under president Jake Brandman, Sanuk will continue extending its product line and tapping Deckers resources to develop and executive a more robust omnichannel strategy and evolve into a global lifestyle brand...(12/18/2014)

Atlas Snow-Shoe Co. Adds Adventure Team
Atlas Snow-Shoe Company has expanded its race team to include the new Atlas Adventure Team, which will include brand enthusiasts from both U.S. outdoor and snow sports industries in 2015...(12/18/2014)

Carol M. White Physical Education Program Grants (PEP) Funded for 2015
Pioneered by the Sports & Fitness Industry Association (SFIA), the Carol M. White Physical Education Program (PEP), a legislative priority for SFIA over the years, received $47 million in funding for fiscal year 2015. PEP grants are multi-year grants for PE equipment purchases and teacher training tied to innovative physical education methods...(12/18/2014)

Hamilton Beach Acquires Weston Products
Hamilton Beach Brands, Inc. announces it has acquired Weston Products, LLC from Highgate Capital LLC...(12/18/2014)

Sunice Hires VP of Marketing
Sunice Inc. appointed Marc Gagnier its VP of marketing. Gagnier will be responsible for all of the global marketing activities for the Sunice, AUR and Tommy Hilfiger Golf brands. He will be based in Montreal...(12/18/2014)



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