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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...

Foot Locker Q3 Earnings Rise 15 Percent
Foot Locker, Inc. reported third-quarter earnings rose 15.4 percent to $102 million, or 82 cents a share. Excluding a non-recurring charge, earnings rose to 83 cents from 68 cents, exceeding consensus estimates of 79 cents a share. Third quarter comparable-store sales increased 6.9 percent...(11/21/2014)

Hibbett Sports's Same-Store Sales Edge Up in Fiscal Third Quarter
Hibbett Sports Inc. reported net sales for the 13-week period ended Nov. 1, 2014, increased 5.0 percent to $218.3 million compared with $208.0 million for the 13-week period ended Nov. 2, 2013. Comparable store sales for the third quarter increased 0.6 percent...(11/21/2014)

Slow Down at West Coast Ports Extends to Bargaining Table
Bargaining talks between companies that unload the bulk of the nation's container imports and the International Longshore and Warehouse Union have stopped until after Thanksgiving, according to the Pacific Maritime Association, which represents terminal operators at West Coast ports...(11/21/2014)

Trek to Occupy Much Larger Distribution Center in 2015
Trek Bicycle will be expanding its Wisconsin distribution capabilities in 2015 with a move from its existing global distribution center in Oconomowoc to a new 250,000-square-foot facility in Johnson Creek...(11/21/2014)

Billabong and RVCA Sales Trends Improving in the U.S.
At its annual meeting, Billabong officials noted that Q1 wholesale sales for the Billabong brand in the U.S. grew 14 percent, representing a rebound for the brand in the region. In the fourth quarter ended June 30, wholesale sales in the U.S. were down 13 percent... (11/21/2014)

Finish Line Unveils Tech Store in The Mall at Millenia
The Finish Line, Inc. announced the grand opening of its newly revamped store within The Mall at Millenia in Orlando to include an enhanced in-store experience and the addition of the latest Nike Track Club shop-in-shop. The brand will also host several events and live entertainment in collaboration with brand partners...(11/21/2014)

Nike Raises Quarterly Dividend 17 Percent
Nike, Inc.'s board of directors on Wednesday declared a quarterly cash dividend of $0.28 per share on the company’s outstanding Class A and Class B Common Stock, a whopping 17 percent increase over the previous quarterly rate of $0.24...(11/21/2014)

SIA's On-Snow Demo to Host Race Benefit for Adaptive Sports
Retailers and others attending the 6th annual On-Snow Demo/Ski-Ride Fest & Nordic Demo after the 2015 SIA Snow Show next February are encouraged to register teams to compete in the Rhythm Rally, a banked slalom race to benefit Adaptive Action Sports (AAS) winter programs. The Demo returns to Copper Mountain Feb. 2-3 following the 2015 SIA Snow Show...(11/21/2014)

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