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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...

Smith & Wesson Agrees to Acquire Battenfeld
Smith & Wesson Holding Corporation has signed a definitive agreement to acquire Battenfeld Technologies Inc. for $130.5 million in cash and use it to create a new accessories division that will accelerate penetration of the hunting vertical...(11/28/2014)

Kokatat Names Finalist in Running for Sassy Trophy
Kokatat announced the finalists for the 2015 American Made Outdoor Gear Awards, which celebrates the stories of companies with a commitment to American manufacturing and sourcing in the outdoor market. The winners will be announced at in Salt Lake City...(11/28/2014)

Apex Ski Boots Offers Equity Via Crowdfunding Site
Apex Ski Boots, a Boulder, CO designer of modular, high performance ski boots, this week became one of the first sporting goods companies to announce an equity offering through the crowd funding site CircleUp...(11/26/2014)

Patagonia to Hold Clothing Swap Events on Black Friday
Patagonia has tapped the start-up Yerdle.com to run events at eight Patagonia stores on Black Friday where customers can swap used Patagonia apparel for something "on the rack." Customer who can't find something they like can exchange their used apparel for credits, which can be used to acquire products on Yerdle's website...(11/26/2014)

RSG Acquires Run Colorado
The Running Specialty Group (RSG) has acquired Run Colorado, increasing its stake in the Colorado market to five shops, including the four operated by Boulder Running Company...(11/26/2014)

VF Achieves Best-Ever Score on the Carbon Disclosure Project’s S&P 500 Climate Change Report
VF Corporation has achieved its highest-ever score - 90 out of 100 - on the 2014 S&P 500 Climate Change Report by the Carbon Disclosure Project...(11/26/2014)

SCARPA North America Partners with National Ski Patrol
SCARPA North America has signed on as an official alpine touring and telemark ski boot sponsor of the National Ski Patrol...(11/26/2014)

Brown Shoe's Q3 Profits Climb 21 Percent
Brown Shoe Company reported third quarter earnings rose 21.2 percent to $33.1 million, or 75 cents per share. Revenues rose 3.8 percent. Wholesale segment sales jumped 18.2 percent with both Healthy Living and Contemporary Fashion contributing strong double-digit sales improvement. Famous Footwear's comps were ahead 1.6 percent, driven by continued strong growth in canvas and aided by an increase in both sandals and boots...(11/25/2014)



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