Sporting Goods Industry News for November 26, 2014
The casual footwear market rose to $12,063 million at wholesale value from $11,507 million in 2012 which represented a slight acceleration from the 4.1% growth rate recorded the year before.
Regrouping and refocusing are underway throughout the golf industry, which has been plagued with declining U.S. participation numbers, unfavorable weather conditions and a retail inventory glut for much of 2014.
The transaction is slated to close in mid- to late-December for the maker of gun cleaning supplies under several brand names.
Link Piazzo, a founding partner of Clossco, the one-time U.S. West Coast distributor for adidas and chairman of the NSGA board of directors in 1962, died Nov. 14 in his hometown of Reno, NV.
Due to the Thanksgiving holiday, we will not publish SGI NewsWire tomorrow or Friday and our offices will be closed until Monday, December 1.