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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...

AVEX Acquired by Newell Rubbermaid
AVEX, makers of performance water bottles and travel mugs, announced an acquisition by Newell Rubbermaid...(7/23/2014)

Terna, Lorpen Merge
The majority shareholder of the Spanish company IASA (owner of the brands Astore and Ternua) has acquired Lorpen, a company based in Navarra, Spain...(7/23/2014)

X2 Biosystems Adds Girls Soccer League to Pro League Clients
X2 Biosystems will supply its Integrated Concussion Evaluation (ICE) software system for use by select teams in the Elite Clubs National League (ECNL) during the 2014-2017 soccer seasons...(7/23/2014)

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: Outdoor Product Sales Accelerate 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. Fiorini will oversee the supply chain, product development and engineering, information technologies, and business planning and analysis functions of all Jarden Team Sports brands, including Rawlings, Worth Sports, Miken, deBeer, Gait and Jarden Sports Licensing...(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)



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