SGB Apparel

Nautilus to Expand Facilities in Virginia

Nautilus, Inc. plans to invest $1.7 million to expand in Grayson County in Virginia. The move expands its manufacturing operation to add a cardio exercise equipment line, and will create 60 jobs, according to a statement from the office of governor of Vir

Lifetime Acquires Jumping Jack Trailers

Lifetime Products, Inc. has acquired the assets of Jumping Jack Trailers, Inc., adding Tent/Trailer to Lifetime's own lineup of consumer products. All products previously produced by Jumping Jack will now be manufactured at Lifetime's 2.6 millio

ARP to Take Sales Inside in Reorganization

American Recreation Products will replace dozens of outside reps with an in-house sales force in 30 days in a bid to cut costs and reach earnings targets of Sun Capital Securities Group LLC. The move is part of a broader reorganization of the company that

TaylorMade Cuts 170 jobs After Ashworth Acquisition

TaylorMade-Adidas Golf is cutting 170 jobs, or about 12% of its local work force, as it integrates its new Ashworth acquisition. TaylorMade acquired Ashworth Inc., also based Carlsbad, CA, for $73 million on Nov. 21. According to the North County Times in

Batters Up USA Sees Participation More Than Double in 2008

Batters Up USA, formerly Play Ball USA, will host its annual membership meeting and board meeting in conjunction with the annual American Baseball Coaches Association convention Friday, Jan. 2, 2009 beginning at 9 a.m. PST at the San Diego Marriott and Ma

Forzani’s Q3 Net Income Tumbles 33%

Forzani Group Ltd's third quarter profit fell 33% to C$8.4 million ($6.77 million), or C28 cents a share, in the three months ended Nov. 2, from C$12.6 million ($10 million), or C36 cents a share, for the same time last year. Revenue rose 8.8% to C$3

PIA Names Canoe Kentucky Founder as CEO

Canoe Kentucky founder and co-owner Ed Councill has been named as CEO of the Paddlesports Industry Association (PIA) — a trade group representing canoe, kayak and raft manufacturers, retailers, outfitters and instructor programs across the US. Councill r

Schutt Responds to Patent Infringement Allegations

"One has to question why an Illinois corporation, residing in California, and reconditioning in Mexico, would file a patent lawsuit in Madison, Wisconsin," says Robert Erb, President and CEO of Schutt Sports, Inc., in response to a patent infrin

OIA: Pace of Outdoor Sales Growth Continued in October

According to the Outdoor Industry Association (OIA) Outdoor Topline Report, October retail sales rose 8% in dollars compared to October 2007. All four major product categories – equipment, equipment accessories, apparel and footwear – grew in October…

G-III Lowers Guidance on Expected Discounting

G-III Apparel Group, Ltd. said net sales for the third quarter increased 29.6% to $351.6 million from $271.2 million in the comp quarter last year. Net income for the three months was $28.8 million, or $1.68 per diluted share, compared to $23.8 million, o

Gander Mountain Q3 Net Climbs on Cost Cutting

Following on the heels of a record-setting second quarter, Gander Mountain continued to see revenues grow for the third quarter despite a substantial decline in same-store sales. The outdoor retailers reported revenues increased 4% to $269.9 million from

Jarden Won’t Hit Street Estimate

Jarden Corp., the parent of Coleman, K2, Rawlings, Shakespeare and Volkl, expects to report fourth quarter revenue of about $1.3 billion and 2009 revenue of more than $5 billion. The company said it will not provide guidance below the revenue line, but be