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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...

Adidas Reaches Milestone Around Sustainable Products
The Adidas Group published its 2013 Sustainability Progress Report, an annual overview of achievements and challenges as well as a progress update on its 2015 sustainability targets. As part of the report, the Adidas Group announced that all Adidas Sport Performance footwear newly created for 2013 used sustainable components such as environmentally preferable materials...(4/16/2014)

France's GO Sport Group Reports Comps Decline Slowed in Q1
France’s GO Sport Group saw gradual improvement in same-store sales, strong performance for GO Sport Poland and nearly flat sales at its Courir stores in the first quarter ended March 31...(4/16/2014)

JD Sports Fashion Reports Sports Stores Drove Growth in Fiscal 2014
UK-based JD Sports Fashion PLC reported sales of 1.33 billion ($2.1 bn) for the yeard ended Feb. 1, up 5.7 percent from the prior fiscal years with a strong performance at its Sports business and a turn around at its Outdoor business offsetting mounting losses at its...(4/16/2014)

Wilson Promotes Bill Kirchner to Expanded Role
Amer Sports said Bill Kirchner, VP-US Sales for Wilson Sporting Goods Co., has been promoted to the VP sales-Americas for Amer Sports. In this new position, Kirchner will add Canada and Latin America to his Wilson brand responsibilities while adding Amer Sports Winter, Outdoor & Cycle brands Salomon, Arc’Teryx, Atomic, Sunnto and Mavic...(4/16/2014)

Asics to Open First Chicago Store
Asics is opening its first stand-alone full-price store in Chicago. With three others opened over the last year, the location will represent Asics' fifth full-price store in the U.S...(4/15/2014)

DSW Buys 44 Percent Stake in Canada's Town Shoes
DSW Inc. and Town Shoes Limited announced today that they have entered into a definitive agreement whereby DSW Inc. will purchase for cash approximately 44 percent interest in Town Shoes, the largest footwear and accessories retailer in Canada, for Canadian $68 million (or approximately $62 million based on current exchange rates)...(4/15/2014)

Easton-Bell Sports Inc. Is Now BRG Sports Inc.
Easton-Bell Sports Inc., which owns the Bell, Riddell, Giro, Blackburn and Easton Cycling brands, has officially changed its name to BRG Sports, Inc...(4/15/2014)

Fleet Feet Partners with Marathon Sports Run/Walk
Fleet Feet, Incorporated announced that John Long will convert his Minneapolis-based Marathon Sports Run/Walk store to a Fleet Feet Sports franchise. Long is a veteran running store owner and industry leader. This will allow Long to tap into the resources and support that come with being a part of a national brand and take his successful business to the next level...(4/15/2014)



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