Charlie Lunan | Page 662 | SGB Media Online

Trek Signs on as Title Sponsor of Triathlon Series

November 17, 2008 SGB Update

Trek Bicycle will be the title sponsor of a new triathlon series expected to draw 25,000 women participants in its first year. The new Trek Women's Triathlon Series is built around the sprint distance format (a 1/2-mile swim, 12-mile bike, and 3-mile

2009 Tour de Georgia Canceled

November 16, 2008 SGB Update

Organizers have canceled the Tour de Georgia cycling race for 2009 after failing to secure sponsorship dollars in the face of a looming state budget deficit and belt tightening by many corpoprate sponsors. The race, which has become one of the country&#03

Orange 21 Breaks Even in Q3

November 14, 2008 SGB Executive

Orange 21 Inc. said its net sales fell 8.6% to $12.0 million in the third quarter ended Sept. 30. Still, the marketer of action sports and youth brands managed to earn $6,000 in the quarter compared to a $58,000 loss a year earlier. Under newly appointed

Ken Burns to Debut Documentary at OR Winter

November 14, 2008 SGB Update

Documentary filmmaker Ken Burns will be the keynote speaker at the Outdoor Retailer Winter Marketplace industry breakfast, when he provides a sneak peak at his newest film, THE NATIONAL PARKS: AMERICA’S BEST IDEA. The documentary will air on PBS in Septem

Gander Mountain Returns to the Black in Q3

November 13, 2008 SGB Executive SGB Update

Gander Mountain Co. stopped the bleeding in the third quarter by turning in a profit, despite a 6.5% decline in comp store sales and a $2.9 million loss at its direct segment, which reflects results at newly acquired catalogue and Internet retailer Overto

Retailers Easing up on Return Policies

November 13, 2008 SGB Executive SGB Update

More than half of retailers (52%) say their holiday return policies will be more lenient than the policy for the rest of the year, up from 35% who said so in 2007, according to the National Retail Federation’s third annual Return Fraud Survey. Return rate

Gift Card Recipients Spending More than Face Value

November 13, 2008 SGB Executive SGB Update

Chase Paymentech, which provides payment processing for many sporting goods retailers, said a recent survey of 850 American adults found that 85% of those who had received a gift card spent more than its face value when they redeemed it. Recipients spent

REI Seeks to Dispel “Myths” to Sustain Big Gains in Bike Sales

November 13, 2008 SGB Update

Amidst huge sales gains in urban and commuter bikes, REI has launched a new website to dispel myths of cycling that it says have created a barrier to even greater sales. The co-op's cycling product manager said sales of urban and commuter bikes are g

REI to Add Some Schwinn Bikes in 2009

November 13, 2008 SGB Update

As part of a growing relationship with Dorel Industries Inc.’s Cannondale Sports Group (CSG), REI will begin carrying some higher end Schwinn bikes in 2009, REI Cycle Product Manager Brian Foley told The B.O.S.S. Report last week…

Björn Borg’s Brand Sales Rose 7% in Q3

November 12, 2008 SGB Executive

Björn Borg AB of Sweden said brand sales rose 7% to SEK 704 million ($111.9 mm) in the third quarter ended Sept. 30. Net sales rose 8% to SEK 108 million ($17.2 mm). Operating profits rose 1% to SEK 49.7 million ($7.9 mm) for a gross margin of…

Vail Non-Profit Buys Teva Mountain Games

November 12, 2008 SGB Executive

The Teva Mountain Games have been sold to the not-for-profit Vail Valley Foundation by Untraditional Marketing, Inc. The Teva Mountain Games is the nation’s largest celebration of mountain sport, lifestyle and culture featuring the top professional and am

Fox Shox Posts 30.8% Growth in Q3

November 11, 2008 SGB Update

Revenues at Fox Shox, which makes suspension and other components for mountain bikes and motorcycles, soared 30.8% to $43.3 million in the third quarter, as road bikers continued to shift to mountain bikes in the United States and Europe. The company is p