Month: February 2012

Native and Costa Power A.T. Cross Sales in Q4

February 22, 2012 SGB Executive SGB Update

A.T. Cross Company said sales at its Cross Optical Group (COG), which owns the Costa and Native sunglass brands, reached $12.8 million in the fourth quarter ended Dec. 31, 2011, a 12.0 percent increase compared to last year. COG sales grew 19.8 percent to

Skullcandy Swings to a Profit as Sales Jump

February 22, 2012 SGB Update

Skullcandy, Inc., the maker of headphones, earbuds and gaming headsets targeting the action sports and outdoor space, reported fourth quarter net sales increased 29.0 percent to $83.4 million, with domestic net sales increasing 27.0 percent, international

The Bike Cooperative to Press Vendors on Internet Pricing

February 22, 2012 SGB Update

The Bike Cooperative, which provides marketing, buying and other services to hundreds of independent bike dealers (IBDs), has tasked its Member Product Committee with developing an Internet Pricing Policy that it will ask all vendors to follow. The policy

Iconix Forms India Joint Venture

February 22, 2012 SGB Update

Iconix Brand Group, Inc. and Reliance Brands Limited, a part of the Reliance Industries Group, the largest private sector company in India, announced the formation of a joint venture company in India. The partnership marks the next step in a global expan

Competitor Group Buys Second D.C. Marathon Event

February 22, 2012 SGB Update

Competitor Group, Inc. (CGI), a San Diego-based media and event promoter in the active lifestyle industry, acquired Nation’s Triathlon and disclosed a multi-year partnership with Washington Sports & Event Management, LLC (WSEM)…

Puma to Investigate Shootings Outside Cambodia Factory

February 22, 2012 SGB Update

At least three striking garment workers were wounded by gunshots Monday while protesting outside their factory in southeastern Cambodia. The factory is Taiwanese-owned and makes footwear for the Puma brand, according to the Phnom Penh Post newspaper. Puma

RECALL: 296 Atherton Pro Handlebar Stems

February 22, 2012 SGB Update

Shimano Corp. is recalling nearly 300 mountain bike handlebar stems it distributed in North America because the bolts holding the front plate of the stem to the stem body can be pulled out of the threads while the bike is being ridden, causing the rider t

Peak Sports to Open First U.S. Store

February 21, 2012 SGB Executive SGB Update

Peak Sport, a branded sports products company located in China and primarily engaged in designing, manufacturing and distributing sport products including footwear, apparel and accessories, opened its first store in the United States. The store is located

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