La Playa Holdings, a subsidiary of Podium Venture Group, has acquired a minority interest in VERuM Sports Inc., a faith-based sports brand. Atlanta-based VERuM, which is Latin for truth, partners with Christian athletes and sports organizations at all lev
Category: Footwear
Sport Supply Group Q1 Net Rises 24.2%
Sport Supply Group, formerly Collegiate Pacific, reported revenues grew 3.2% in its first quarter ended Sept. 30, to $70.4 million from $68.2 million. Net income improved by 24.2%, to $4.1 million, or 31 cents a share, from $3.3 million, or 28 cents, a ye
L.L.Bean Earns Worker Safety Standards
L.L.Bean has become the 15th Maine employer to enroll in a program that lets companies develop and maintain employee protections beyond federal safety regulations. A ceremony on Tuesday marked the entry of L.L. Bean's Brunswick manufacturing facility
The North Face Wins Piracy Case in Beijing
The North Face won a lawsuit against a Beijing market that failed to stop the sale of fake versions of its products. The Beijing Xiushui Clothing Company, which operates the Silk Alley market, was ordered by a local court to pay 40,000 yuan ($5,300) in da
Nike Expands Soccer Footprint with Umbro Deal
It is ironic that in a week that saw American football invade London, as the New York Football Giants took on the Miami Dolphins in the first NFL regular season game outside the U.S., that an American company would reveal its plans to acquire the U.K.
Skechers Firing On All Cylinders in Third Quarter…
Skechers USA, Inc. posted its 15th consecutive quarterly sales growth in the third quarter with both sales and net income coming in higher than earlier guidance. The discontinuation of a pair of the company's fashion lines ate into gross margins, but
Rocky Brands Income Drops Despite Q3 Sales Gains
Rocky Brands, Inc. third quarter of 2007 net sales increased 5.4% to $82.3 million versus net sales of $78.1 million in the third quarter of 2006. The increase in sales was primarily driven by a 25.0% increase in retail revenues, combined with a slight in
ADA’s Fall Show Hosts Growing Group…
A short conversation with Pete Schneider, president of Athletic Dealers of America, Inc. at the ADA Fall Session in Kansas City last weekend showed the enthusiasm driving the rejuvenation of this buying group. Pete talked with sincere honesty about buildi
Acushnet Business Sees 7% Q3 Sales Growth…
Acushnet Golf, the golf division of Fortune Brands, Inc. that houses the Footjoy, Cobra, and Titleist brands, saw modest sales growth in the third quarter new product introduction in the year-ago quarter, especially in clubs, slowed things down. ..
PacSun Explores Options with demo; Will Close Steps…
Pacific Sunwear of California looks to be focusing its effort on its PacSun concept after announcing plans last week to close the new One Thousand Steps 9-store concept, while exploring “strategic alternatives” for its demo urban chain. The two chains col
Amer Sports Boosts Q3 Bottom Line…
Amer Sports continued its struggle with a weak winter sports market and an SAP implementation that caused slower sales at Wilson, but was able to make some positive progress in restructuring to improve profits. Additionally, strong results from apparel, f
Columbia Sportswear Sees Tough 2008; Q4 Forecast Falls Short of Estimates…
Columbia Sportswear saw a slight up-tick in its top-line during the third quarter fueled by sales of Columbia brand sportswear, and Mountain Hardwear, which was partially offset by considerable declines at Montrail, Pacific Trail and at the company’s Euro
InSport Lands $14 Million Marine Contract…
InSport was awarded a $14 million contract to make running suits for the Marine Corps. Insport will be outfitting every Marine with this new addition to the sea bag in early 2008. Marine Corps officials estimate that 125,000 running suits will be produced
West Marine Cuts FY Guidance
West Marine Q3 income catapulted 81% to $5.3 million, or 24 cents per share, but the boating retailer slashed its 2007 guidance due to lower boat usage and boating market softness. Earnings guidance has been revised to a range of 14 cents to 18 cents per
Female Snowboarder/Ski Website Launched
Ski Chick LLC has launched a site for female snowboarders and skiers. In addition to accessories and clothing, www.skichick.com features snowboarding and skiing news for women and girls, with a free current events calendar on women and girls-only clinics
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal