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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...

Amy Wambach Endorses Head Impact Sensor
Triax Technologies Inc has teamed with Abby Wambach, U.S. Women's National Team and all-time high-goal scorer known for her spectacular headers, to launch the SIM-P (Smart Impact Monitor) to support long-term player health and safety...(10/30/2014)

Shimano Q3 Results Boosted by Weak Yen
Shimano Inc. reported sales of its bicycle components for the first nine months of the year are running nearly 21 percent ahead of last year and have been brisker in North America since spring, indicating U.S. bike dealers may have made up some of the sales lost due to the long winter. Sales of Fishing Tackle were up about 10 percent thanks in part to the weak yen. The strong results prompted Shimano to nudge up its full-year revenue and earnings forecast for the second time this year... (10/30/2014)

Sturm, Ruger Q3 Profits Tumble
Sturm, Ruger & Company, Inc. reported net earnings tumbled 76.3 percent to $6.78 million, or 34 cents a share. Revenues fell 42.5 percent to $98.3 million. The sales decline was attributed to the reduction in overall consumer demand as well as retailers buying fewer firearms than they were selling in an effort to reduce their inventories and generate cash...(10/30/2014)

Boot Barn Prices IPO
Boot Barn Holdings, a western apparel and footwear retailer with 158 stores in the US, raised $80 million in its initial public offering. The company offered 5 million shares at $16, the high end of its $14-$16 price range... (10/30/2014)

Garmin Fitness Sales Growth Slows to 43 Percent in Q3
Garmin reported sales at its Outdoor and Fitness segments increased by 19 and 43 percent respectively in the third quarter and predicted its financial results would reach the high end of its guidance for the year...(10/29/2014)

HanesBrands Reports Third Consecutive Quarter of Double-Digit Sales Growth
HanesBrands, the parent of Champion, Hanes and Gear For Sports, announced strong third-quarter financial results driven by acquisition benefits, innovation, and enhanced profitability from global supply chain efficiency gains. The company raised its full-year adjusted EPS guidance for the third time this year based on quarterly results despite a continued environment of restrained consumer spending...(10/29/2014)

Asics America Honors A Marathon Way Of Life
In celebration of every type of marathoner, Asics America, an official sponsor of the New York City Marathon for over 20 years, is bringing its "We Are Marathoners" campaign back to the Big Apple for this year's TCS New York City Marathon. The multi-faceted campaign honors the commitment, character and courage of marathoners with a multitude of personalized mini-marathoner statues commemorating this year's runners and limited-edition TCS New York City Marathon apparel and footwear collection... (10/29/2014)

Interbike Moves IBD Summit to Tempe
Interbike will hold next year's IBD Summit near Tempe, AZ in January, marking the first time in the event's history it has not been held in April alongside the Bicycle Leadership Conference and the Sea Otter Classic in Monterey, CA...(10/29/2014)



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