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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...

The Buckle's Earnings Flat in Q1
The Buckle, Inc. reported net income for the fiscal quarter ended May 4, was $37.6 million, or 78 cents a share, about even with the $37.8 million, or 79 cents, earned in the same period a year ago. Net sales increased 2.3 percent...(5/23/2013)

USA Football Releases Early Data from Concussion Study
Fewer than 10 percent of youth football players incurred an injury while playing, and of those injuries, 64 percent were minor where athletes returned to play on the same day, according to preliminary findings of a study released by USA Football that may be the most comprehensive ever conducted on the subject...(5/22/2013)

Fjällräven Brand Propels Fenix Outdoor's Q1 Sales
Fenix Outdoor Group reported that its sales in the United States increased 10 percent to SEK 42.3 million ($6.5 mm) in the first quarter ended March 31 on top of 8 percent growth a year earlier as it expanded distribution of its Fjällräven brand with dealers already carrying its Brunton and Primus brands...(5/22/2013)

Pacific Sunwear Q1 Loss Widens
Pacific Sunwear of California, Inc. reported sales from continuing operations for the first quarter of fiscal 2013 ended May 4, were $169.8 million versus net sales from continuing operations of $162.3 million a year ago. Comparable store sales increased 2 percent...(5/22/2013)

REI, Foot Locker and Nike Opting Out of Swipe Fee Settlement
REI (Recreational Equipment Inc.), Foot Locker and Nike are among the 19 national retailers who announced Tuesday that they have each individually decided to object and opt out of a proposed class action settlement of an antitrust lawsuit challenging fees – called interchange or swipe fees – that Visa and MasterCard fix for banks to charge merchants for the use of Visa and MasterCard credit and debit cards...(5/22/2013)

Rob DeMartini and Tom Farrey to Speak at 2013 SFIA Industry Leaders Summit
The SFIA will have New Balance President & CEO Rob DeMartini and the Aspen Institute’s Director of Sports & Society Program and Emmy-award winning ESPN reporter Tom Farrey participate as speakers at the inaugural 2013 SFIA Industry Leaders Summit to be held September 25-26 in Baltimore, MD...(5/22/2013)

SIA Backcountry Committee Meeting Draws 40 to Denver
SnowSports Industries America (SIA), the snow sports industry’s member-owned trade association, convened its Backcountry Committee in Denver, Colo. this month for the second time since October 2012 to discuss best practices for communicating with the industry and consumers about the opportunities and risks in the backcountry...(5/22/2013)

Thorlo Holds Memorial Day Donation
Thorlo, originator of the Thorlos brand and one of the few sock manufacturing companies to maintain full operations in the USA, has responded to Operation Gratitude's request to help fill its care packages with 1,000 pairs of clinically-tested padded military socks... (5/22/2013)



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