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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.


The Latest News...

Reebok Bid Imminent, Say Wall Street Journal
Reebok is being targeted for acquisition. An investment group that includes a Chinese private equity firm and Abu Dhabi's sovereign wealth fund is on the verge of making an unsolicited $2.2 billion offer to acquire the brand from Adidas AG, the Wall Street Journal reported...(10/20/2014)

VF Corp's Outdoor Brands Help Drive Q3 Growth
VF Corp. said The Timberland, Vans, The North Face, Kipling and Wrangler brands drove a 7 percent increase in revenues and an 11 percent increase in earnings per share in the third quarter ended Sept. 27, 2014. In the Americas, revenue were up low double-digits at The North Face, high single-digits at Vans and 15 percent at Timberland. VFC also upped its earnings guidance for the year and says it expects Timberland's full year sales to grow 13 percent, up from 12 percent...(10/20/2014)

Benchmade Hires Product Line Manager
Benchmade Knife Company, manufacturer of premium sports cutlery for the last 26 years, hired Greg Hall as a new product line manager...(10/20/2014)

Stanford, CSU and UC-Boulder Ranked Top Outdoor Schools
Stanford University, Colorado State University (Fort Collins) and the University of Colorado (Boulder) took the top three spots in the 35 Best Outdoor Schools in America ranking by Best College Reviews. The ranking is based on information from interviews with school officials, publicized data on outdoor clubs, geographic data on state and national parks, as well as weather data...(10/20/2014)

Skechers Signs Ringo Starr
Ringo Star will be bringing his legendary talents and style to Skechers where he’s set to appear in the footwear company’s global marketing campaign for Skechers Relaxed Fit footwear...(10/20/2014)

Gaiam Acquires Top-Selling Yoga App
Gaiam Inc. has acquired Yoga Studio, the number one ranked yoga app for the iPhone, in a deal that will advance both companies' mission of making yoga accessible to everyone...(10/17/2014)

Ground is Broken for Peoria's Louisville Slugger Sports Complex
Officials gathered at Peoria’s Louisville Slugger Sports Complex located at Orange Prairie Road north of The Shoppes at Grand Prairie to put shovels in the dirt and officially break ground. The complex that will attract people from throughout the Midwest and across the U.S. plans to open in the spring of 2015... (10/17/2014)

Active Ride Shop Names Rick Mina as President
Active Ride Shop, based in Rancho Cucamonga, CA, and Tengram Capital Partners (“Tengram”) announced that Rick Mina, former Foot Locker executive, would take on the role of president. Esmail Mawjee has decided to transition into the role of a strategic advisor for Active. Esmail remains a shareholder in Active and retains his seat on the board of directors...(10/16/2014)

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