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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...

Garmin's Fitness Sales Soard in Q2
Garmin’s reported sales by its Fitness segment soared 79 percent in the second quarter ended June 28 as consumers snapped up its Vivofit fitness trackers, lower priced Forerunner smartwatches and a new cycling computer...(7/30/2014)

Sturm, Ruger's Q2 Revenues Slump
Sturm, Ruger & Company, Inc. reported second-quarter sales decreased 14 percent due to a reduction in demand for firearms and accessories. Earnings decreased 31 percent...(7/30/2014)

Big 5 Comps Decline in Second Quarter
Big 5 Sporting Goods Corporation reported declining demand for guns and ammo dragged its comp stores sales down 4.9 percent in the fiscal second quarter ended June 29. Earnings slumped 59.0 percent to $2.5 million, or 11 cents a share...(7/29/2014)

Puma Q2 Profit Falls Less Than Anticipated
Puma reported earnings declined sharply in the second quarter, but earnings were slightly better than analyst's forecasts Sales dipped 0.6 percent on a currency-neutral basis as a 7.1 percent decline in footwear was only partly offset by a 3 percent gain in apparel, aided by the World Cup. Puma reiterated a 2014 forecast for flat currency-adjusted sales and for EBIT and net earnings to rise by 5 percent and 3 percent respectively...(7/29/2014)

CamelBak Marks 25th Year in Business
CamelBak, which revolutionized hydration by introducing the first hydration packs in the late 1980s, has hit the quarter century mark. The company has come a long way since its founder stuck an IV bag in a sock to provide hands free hydration during the Hotter 'N Hell 100-mille bike road race. Today it sells hydration packs, vests, belts, bottles and a filtration pitcher and serves customers in more than 50 countries...(7/29/2014)

Crocs Appoints VP of Retail for North America
Crocs, Inc. appointed Claire Fahie-Conley, former vice president of U.S. retail for Reebok, as its vice president of retail for North America...(7/29/2014)

NCAA Reaches Settlement Agreement in Concussion Lawsuit
The NCAA has reached a settlement with former athletes that will establish a new protocol for the management of concussions and also provide $75 million for medical monitoring and research... (7/29/2014)

Saucony Promotes Todd Dalhausser to SVP of North American Sales
Saucony announced the promotion of industry veteran Todd Dalhausser to the position of senior vice president of North American sales...(7/29/2014)

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