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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...

Dick's Sporting Goods' COO and Chief Merchant to Retire
In a regulatory filing with the Securities & Exchange Commission, Dick's Sporting Goods Inc. announced that Joseph H. Schmidt, its president and COO, plans to retire at the close of the year. The filing also noted that John G. Duken, EVP, global merchandising, plans to retire at the end of November... (9/16/2014)

361 Readies for U.S. Launch
361, the second largest athletic brand in China, announced its expansion into the United States with 361 USA. To launch the brand, 361 has hired Jim Monahan, former vice president of footwear for Asics America, as president of 361 USA. Rich Bourne, past president and COO of Asics America, is serving as a strategic business advisor...(9/16/2014)

BSN Sports Acquires Westside Team Sports
BSN Sports has completed the acquisition of Westside Team Sports,LLC. based in Santa Monica, CA. Westside Team Sports, privately owned and operated since 2010, is a leading distributor of team apparel and equipment in southern California...(9/16/2014)

Centerbridge Partners Ups Stake in Billabong International
Centerbridge Capital Partners of New York and its affiliates increased their stake in Billabong International to 36.23 percent from 33.25 percent during the first 10 days of September, according to a regulatory filings posted by the Australian action sports company.(9/16/2014)

Gear Coop Welcomes Todd Klasky as VP of Merchandising
Gear Coop, the climbing shop located in Costa Mesa, CA that operates gearcoop.com, hired outdoor industry veteran Todd Klasky as its vice president of merchandising. He oversaw the outdoors division at Sport Chalet as senior buyer/divisional merchandising manager...(9/16/2014)

Toms to Open NYC Flagship
Toms plans to open a flagship store in lower Manhattan at 264 Elizabeth St., between Houston and Prince streets, later this year. The 1,000 square foot store will represent its third location...(9/16/2014)

Brooks Beasts Track Clubs Adds Two Members
Brooks Running welcomed Amanda Mergaert and Megan Malasarte to the Brooks Beasts Track Club, the middle distance track team based in Seattle...(9/16/2014)

Dick's SG to Open in Burlington, WA
Dick's Sporting Goods will be opening its 5th store in Washington and 582nd store nationwide on Friday, Sept. 26th at 200 S. Burlington Blvd. in Burlington, WA...(9/16/2014)



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