Five new brands – Grabber, Granger, Kahtoola, Panoptx and PEPSICO – have signed on to sponsor Winter Trails, 2007. The international program, now entering its 12th year, offers those new to snow sports an opportunity to try snowshoeing and cross country s
Author: SGB Media
Icon Fiscal Q1 Sales Inch Up 1.1%; Net Loss Narrows
For the fiscal first quarter ended September 2, 2006, ICON Health & Fitness, Inc. reported net sales of $141.2 million, compared to $139.6 million for the three months ended September 3, 2005, which represents a $1.6 million, or a 1.1% increase over the c
Columbia Stops Counterfeit Shoes in Greece
Columbia Sportswear Company announced a significant counterfeit seizure. With the help of customs officials around the world, Columbia has increased the seizure of counterfeit goods nearly ten-fold since 2003. Recently, customs authorities in Greece notif
Life-Link and Dynafit Part Ways as Salewa Goes Direct
Life-Link Backcountry Travel and Dynafit have agreed to end their distributor relationship after the 2006/07 winter season, announced John Krisik, President of Life-Link International…
JJB Sees Strong Comps in First Half; Taxes Impact Bottom Line
JJB Sports plc announced its unaudited interim results for the year-to-date first half, which ended July 30, 2006.
Comp-store revenue increased by 9.5% while gross margin continues to be affected by “very strong competition” in the sports retail sector. E
Pacific Brands Negotiating to Buy Globe’s Apparel Brands
Pacific Brands Limited has been undertaking negotiations to acquire the Australian and New Zealand Streetwear
Division of Globe International. A conditional agreement is
expected to be signed today. The company stated that media speculation over price, wh
NSGA Offers Small Retailers New Financing Through GE
In cooperation with the National Sporting Goods Association, GE Money is introducing its Finance Program for the Sporting Goods industry that will service even single-store operations…
GE Money to be Title Sponsor of NSGA Management Conference
GE Money – Sales Finance has signed an agreement to be the title sponsor of the 43rd Annual NSGA Management Conference, May 20-23, 2007, at the Hyatt Regency Coconut Point Resort & Spa in Bonita Springs, Fla…
Delta Apparel Cuts Q1 Earnings Guidance on Slow Sales
Delta Apparel, Inc. announced preliminary financial results for the first quarter ended September 30, 2006 and updated its guidance for the fiscal year ended June 30, 2007. The Company currently expects first quarter revenues in the range of $61 million t
Stockli Parent Sees Strong Sales
Summus Works, Inc.'s outdoor sports wholesale division, which includes brands like Stockli Skis and Lisker of France, reported $468,638 gross revenue for the quarter ending September 30, 2006…
SAFE Ports Act Becomes Law
The Security and Accountability for Every (SAFE) Port Act was signed into law at a White House ceremony last week. Congress passed the legislation on September 30, 2006 by a vote of 409 to 2 in the House of Representatives and by Unanimous Consent in the
Orange 21 Founder Takes CEO Position
Orange 21 Inc. announced a series of changes in management and its Board of Directors. Barry Buchholtz, current Chief Executive Officer, will leave his current position in order to focus his efforts on Orange 21's European operations. Mark Simo, the
Venture Snowboards Relocates to Silverton, Colo.
Venture Snowboards is relocating to Silverton, Colorado. Venture is an independent snowboard manufacturing company with a dual mission: to build superior performance snowboards while minimizing environmental impact. Since its inception, the company has r
Nike Names Five New VP’s
Nike Brand President Charlie Denson today announced five new vice president positions in Asia Pacific, Europe and global sports marketing. In the Asia Pacific Region, Nike named three new VP's: Willem Haitink as VP and GM for Nike China; Jim Godbout
Sally McCoy Takes Over as CamelBak CEO
CamelBak named Sally McCoy as its CEO and president. McCoy previously served on the CamelBak board of directors and has over 20 years of relevant experience, including operating outdoor recreation companies, mergers and acquisitions, and strategic consult