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Sporting Goods Intelligence

www.sginews.com

Sporting Goods Industry News for July 10, 2013

 Compass Diversified Files IPO for Fox Factory Holding Subsidiary

Fox, slated to celebrate its 40th anniversary in 2014, designs and manufacturers suspension products for mountain bikes, side-by-side vehicles, ATVs, snowmobiles and motorcycles.

Traditional Back-to-School shopping in the U.S. will start later this summer, but will include more shopping online (+4%) and less at national chains (-4%) and mass merchants (-8%), according to newly released research from The NPD Group.

FL has completed its May announced acquisition of Runner Point Group, the specialty athletic chain and online retailer based in Germany, for €72 million ($94 mm).

Despite the recent troubles in its garment-making segment, Bangladesh believes it’s in position to gain more traction in the sourcing of footwear for larger brands and retailers.

The 522-door action sports retailer, which will no longer report weekly comps, saw positive same store sales for each of the period’s final three weeks, culminating with a 4.8% comp gain in the final seven days ended Jul. 6.

Easton-Bell Sports employee Matthew Slaven, a professional mountain bike rider and team rider for Koan Bicycle Co., was shot during an apparent robbery on Monday night in San Lorenzo, CA.

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