K-Swiss inked a long-term, official partnership with World Triathlon Corporation, owners of the brand Ironman. Under the agreement, K-Swiss will be the exclusive footwear and apparel provider of an evolving collection of co-branded K-Swiss/Ironman perform
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Adidas Golf Introduces Formotion Apparel
Adidas Golf has introduced Formotion apparel — a complete upper body system designed to move with the golfer's body and mirror muscle contours to eliminate restriction…
Rottefella Closes Naxo AG
Rottefella AS, the manufacturer of bindings for Nordic skiing, will close Naxo AG, its wholly owned subsidiary that produces Naxo alpine-touring bindings. The move will allow Rottefella, based in Oslo, Norway, to refocus all of its resources on the Nordic
GrindTV and Sportnet Merge
GrindTV and Sportnet announced plans to combine the web's two top action sports properties into one dominant digital action sports network collectively reaching over ten million monthly visitors. The company will operate as Sportnet, and will provide
Trek Bicycle Furloughs Affects Almost 300 Workers
Trek Bicycle Corp. has instituted temporary furloughs for many production workers at its Waterloo plant, according to the Wisconsin State Journal. Most production employees rotated one week on, one week off without pay during February. Fewer than 300 of t
Dick’s Sporting Goods Appoints Board Member
Dick's Sporting Goods, Inc. has named Catherine R. Smith to its Board of Directors. Smith currently serves as the executive vice president and chief financial officer of Centex, one of the nation's leading home building companies…
Riddell Sponsors American Youth Football
Riddell has signed on as the Official Hardgoods Supplier of American Youth Football (AYF), the largest youth football organization in the U.S. Under the agreement, Riddell helmets and shoulder pads will be available to some 500,000 youth members of the or
SGMA: Less-Expensive Fitness Or Family/Social Activities Gaining
According to the SGMA's Sports & Fitness Participation Report (2009 edition), sports and activities that had 'statistically significant' growth from 2007 to 2008 were either fitness or family/social activities that don't cost much mone
Remington Arms Appoints Torbeck as CEO
Remington Arms Company and its parent, Freedom Group, Inc. (FGI) named Theodore (Ted) Torbeck as their chief executive officer and a director for both entities. Torbeck replaces, Thomas (Tommy) Millner, who has decided to take on a new challenge as the CE
Pennsylvania Sporting Goods Stores Protest Hunting Bill
Owners of several sporting goods stores are complaining about a bill introduced recently in the state General Assembly, which would remove rules that require hunters to display hunting licenses in back tags. Instead, hunters would carry wallet-sized licen
SandP lowers Quiksilver ratings to ‘B-‘
Standard & Poor's Ratings Services lowered its ratings on Quiksilver Inc. to “B-” from “B+” and placed them on “CreditWatch” for possible further downgrades after the credit agency's review is complete…
Eddie Bauer Posts Q4 Loss; Comps Drop 5.7%
Eddie Bauer Holdings, Inc. reported a net loss for the fourth quarter of $127.5 million, or $4.13 per share, compared to a net loss of $18.2 million, or 59 cents, a year ago. Adjusted EBITDA decreased to $54.0 million from $59 million for the fourth quart
AVIA Adds to its Triathletes
Avia added Joanna Zeiger to its team of professional athletes. Two years after turning pro in 1998, Zeiger won Triathlete of the Year honors in 2000 for her fourth place finish at the Olympics and fifth place finish at the Ironman Championship in Kona, Ha
Remington Arms Posts 2008 Loss After Writedowns, Sales Climb 21%
Remington Arms Co. reported a net loss of $39.4 million in 2008 after writedowns of assets below their carrying value. Revenues jumped 20.9% to $591.1 million from $489.0 million, due primarily to sales generated as a result of the acquisition of The Marl
Play It Again’s Sales Slide 6% in 2008
Play It Again achieved system-wide sales of $235 million in 2008, down 6% from sales of $250 million 2007, according to the annual report of its parent Winmark Corp. For the years ended 2008, 2007 and 2006, Play It Again Sports contributed royalties and f