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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...

Brown Shoe's Q2 Exceeds Expectations
Brown Shoe Company reported net income in the second quarter rose 17.5 percent to $18.1 million, or 41 cents a share, from $15.4 million, or 35 cents, a year earlier. Results exceeded Wall Street's consensus estimate by 6 cents a share. Sales reached $635.9 million, up 2.3 percent versus second quarter 2013 net sales of $621.7 million. Famous Footwear's comps grew 1.6 percent...(8/27/2014)

Smith & Wesson Sales Fall 22.9 Percent in Fiscal First Quarter
Smith & Wesson Holding Corporation reported net sales declined $39.2 million, or by 22.9 percent in the fiscal 2015 first quarter ended July 31 compared with the fiscal first quarter a year ago. A decline in the sales of long guns, including modern sporting rifles, drove 87 percent of the decline. Demand remained strong for the company's small concealed carry polymer pistols and revolvers, but were more than offset by lower sales of large frame polymer pistols... (8/27/2014)

La Sportiva Opens First Flagship Store in Arco, Italy
La Sportiva opened its first flagship store in the city of Arco, Italy...(8/27/2014)

Team Dealer Market to be Held Again in Charlotte
The 4th Annual Fall Team Dealer Market will be held from Oct. 27 to 28, 2014 at the Sheraton Charlotte Hotel in Charlotte, NC...(8/27/2014)

TriggerPoint Launches Campaign to Celebrate 1 Million Units Sales Milestone
TriggerPoint Performance Therapy is gearing up to celebrate a significant company milestone as sales for the Grid foam roller approach the ‘1 million units’ mark. To celebrate the millionth sale, TriggerPoint has is kicking off a “Golden Grid” campaign, rewarding the buyer of the millionth Grid with a one-of-a-kind golden colored Grid...(8/27/2014)

BRG Sports Acquires Stake in MIPS AB to Supplement Helmet R&D
BRG Sports Inc. has invested in MIPS AB, a Swedish company that makes the patented Multi-directional Impact Protection System (MIPS) that will be featured in several new cycling helmet models from BRG Sports brands Giro and Bell...(8/26/2014)

Columbia Sportswear Inks First NFL Deal with the Dallas Cowboys
Columbia Sportswear and the Dallas Cowboys announced an apparel licensing partnership featuring co-branded sportswear, outerwear and accessories for men, women and youth, with product available to the public starting in late spring 2015...(8/26/2014)

DSW Lifts 2014 Guidance After Above-Plan Q2
DSW reported second-quarter earnings on an adjusted basis slid 24.7 percent but came in ahead of Wall Street's consensus estimate by 5 cents a share. Comps rose 0.8 percent and the footwear chain was "encouraged by the sequential improvement in sales trends as the quarter progressed." DSW raised its guidance for the year...(8/26/2014)



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