Author: Charlie Lunan

Li Ning’s 2010 Revenue Grow 13% to $1.43B

March 17, 2011 SGB Executive

Li Ning Company Limited reported revenue grew by 13.0% to RMB9,478.5 million ($1.43bn) for the year ended Dec. 31, 2010. Profit attributable to equity holders reached RMB1,108.5 million ($166.8mm), up 17.4% from 2009, while earnings per share increased by

Longworth Hires Marketing Product Manager

March 17, 2011 SGB Executive SGB Update

Longworth Industries hired former intern Lauren Price as marketing product manager, effective immediately…

Taiwan’s Bicycle Exports Rose 22.7% in 2010

March 17, 2011 SGB Update

Taiwan's exports of bicycles and bicycle parts rebounded sharply in 2010, rising 22.7% to $2.2 billion as dealers worldwide restocked after cutting orders dramatically in 2009, according to figures released by the Taiwan Bicycle Exporters Association

OIA Webinar to Focus on Disruptions to Chinese Supply Chain

March 17, 2011 SGB Update

Outdoor Industry Association will host an Outdoor University online session on Tuesday, March 22 exploring the ongoing issues of rising material costs and labor shortages in China, alternatives to sourcing in China, federal trade programs that can benefit

Timberland Opens Store on Boston’s Newbury St.

March 17, 2011 SGB Update

The Timberland Company opened a new Boston retail location at 201 Newbury Street (at Exeter) with a new spin on what it means to be Green on St. Patrick’s Day. The 2,500-square-foot stores features reclaimed wood and other materials; FSC certified w

Sport Chalet Partners with Soles4Souls to Help Japan Quake Victims

March 17, 2011 SGB Update

Soles4Souls and Sport Chalet have joined forces again to bring shoes to victims of the devastating earthquake and tsunami in Japan and the Pacific Rim. With more than 500,000 individuals homeless and living in shelters in Japan, the proud and prosperous

Jarden Corp. Raises Dividend 5%

March 17, 2011 SGB Update

Jarden Corporation, which owns Berkley, The Coleman Co., K2, Marmot, Penn, Rawlings, Shakespeare and Volkl brands, increased its dividend by approximately 5%.

After Slow February, Bookings Pace Resumes at Western Mountain Resorts

March 16, 2011 SGB Update

After slowing in February, bookings to major western resorts accelerated in March and set the basis for a strong end to the 2010-11 winter season, according to the most recent report released by the Mountain Travel Research Program (MTRiP)…

Hong Kong Companies Urged to Develop Brands for China

March 16, 2011 SGB Executive

An economist urged Hong Kong companies that have traditionally sourced in China to supply western brands to move up the value chain and develop their own brands to take advantage of the burgeoning Chinese consumer market, particularly as wage increase on

Research Indicates Silver Nanoparticle Antimicrobials Safe for Skin

March 16, 2011 SGB Executive SGB Update

A six-week field test has found that silver nanoparticle antimicrobials in textiles worn next to the skin were effective against bacteria entering the fabric through perspiration or other means while having no effect on the naturally occurring beneficial

Ski and Snowboard Month Lessons Doubled in January

March 16, 2011 SGB Executive

Organizers of Learn to Ski and Snowboard Month (LSSM) 2011 estimate that ski areas nationwide provided more than 60,000 lessons to children and adults this January…

Primaloft Secures Bluesign Certification for Insulation Products

March 16, 2011 SGB Executive SGB Update

Effective immediately, PrimaLoft's One, Sport and Eco insulation products manufactured in Nantong City, China, will carry the Bluesign certification. Bluesign provides independent verification to brands, retailers and consumers that PrimaLoft insulat

OIA Partners with Americares on Japanese Relief Efforts

March 15, 2011 SGB Update

Outdoor Industry Association (OIA) has partnered with Americares to funnel relief supplies to earthquake and tsunami victims in Japan. The trade association is calling on its members to donate either cash or in-country manufacturing capacity for blankets,

L.L. Bean Posts 5.7% Revenue Gain in 2010

March 15, 2011 SGB Update

L.L.Bean's annual net sales reached $1.44 billion for the 2010 fiscal year ended Feb. 27, up 5.7% over 2009. The company said its board of directors approved a cash award of 5% of annual pay to approximately 5,000 eligible employees in recognition of

DSW Q4 Sales Rise 16.2% on 14.9% Comps Growth

March 15, 2011 SGB Update

DSW Inc. said net income reached $18.5 million on net sales of $468.5 million for the fourth quarter ended Jan. 29, 2011, up 38.0% and 16.2% respectively from the quarter ended Jan. 30, 2010. Same store sales increased 14.9% for the comparable period on t