2014 | Page 42 | SGB Media Online

Nike Appoints New President of Nike Golf

November 7, 2014 SGB Update

Nike Inc. appointed Daric Ashford as president of Nike Golf. Ashford is currently VP, GM of Brand Jordan for North America and is a 21-year Nike veteran…

Fox Says Competing MTB Brands Gained Market Share in Third Quarter

November 7, 2014 SGB Update

Fox Factory Holding Corp.'s sales of mountain bike products declined 8.1 percent in the third quarter due to incursions by competitors, lower than expected sell through of Fox equipped bikes and lingering industry supply chain issues outside its cont

Adams Sells Remaining Brands to Schutt, Starts Liquidating

November 7, 2014 SGB Update

Schutt Sports acquired the Adams, Trace, Bolco Bases, Neumann Gloves and Bucks Belts brands and accompanying spring 2015 inventory last week, in a deal that clears the way fro Adams USA Inc. to liquidate. Schutt, which acquired Adams USA's football h

NSSF and U.S. IBP Program Partner Again at SHOT

November 7, 2014 SGB Update

For the second consecutive year, the National Shooting Sports Foundation's annual Shooting Hunting and Outdoor Trade Show (SHOT Show) is participating in the U.S. Department of Commerce's International Buyer Program (IBP)…

OIA Reports Candidates Backed by PAC Fared Well

November 7, 2014 SGB Update

Outdoor Industry Association reported that 14 of the 17 U.S. Congressional candidates supported by the OIA Political Action Committee won in Tuesday's mid-term Congressional elections, while two lost, and one race…

Trade Groups Want Obama to Intervene Should ILWU Action Spread to SoCal Ports

November 7, 2014 SGB Update

Outdoor Industry Association (OIA) is among more than 100 federal, state and local associations that signed on to a letter sent to President Obama expressing deep concern over the deteriorating state of negotiations between the International Longshore and

Adams USA to Liquidate After Selling Brands to Schutt Sports

November 7, 2014 SGB Update

Adams USA is liquidating after selling its Adams, Trace, Bolco, Neumann and Bucks brands and certain inventory from its current catalog to Schutt Sports. On Monday, Nov. 10, Adams USA was to begin liquidating the balance of its inventory as well as machi

Sports Direct Ups Potential Stake in Debenhams Department Store

November 7, 2014 SGB Update

Sports Direct International plc, the UK's leading sports retailer, sold its 4.6 per cent stake in Debenhams plc and entered an additional put option contract that nearly doubled its potential stake in the British department store to 12.7 percent…

Nike Terminates Contract with Adrian Peterson

November 7, 2014 SGB Update

Nike Inc. has severed ties with Minnesota Vikings running back Adrian Peterson after his plea agreement to a misdemeanor assault charge over striking his 4-year-old son. Nike previously suspended Peterson’s endorsement contract in September…

2015 SFIA Litigation and Risk Management Summit Changes Date

November 7, 2014 SGB Update

Historically held in April, the 2015 SFIA Litigation & Risk Management Summit is moving to Feb. 2-3, 2015 at the Cosmopolitan Las Vegas Hotel, prior to the start of the DRI Product Liability Conference. The event, hosted by the Sports & Fitness Industry A

Puma’s Q3 Profit Slides, Sales Show Some Recovery

November 7, 2014 SGB Update

Puma SE reported third-quarter earnings slumped 45 percent, largely due to marketing investments to supports its Forever Faster global marketing campaign and currency fluctuations. But earnings came in line with internal expectation and sales were slightl