Category: Outdoor

Asics Replaced Haglöfs Chairman

February 27, 2012 SGB Update

Asics named Alistair Cameron, CEO of its European operations, to succeed Lars Göthlin as chairman of Haglöfs' board of directors. Cameron will oversee a global expansion of the Swedish outdoor brand, which is closing in on $100 million in annual sale

Respect Your Universe Raises $1.5M in Equity Financing

February 27, 2012 SGB Update

Mixed martial arts apparel firm Respect Your Universe revealed plans to raise $1.5 million through a placing. The cash will be used to accelerate its investment in innovative product and marketing initiatives to drive brand awareness and grow revenues…

Sof Sole Renews Sponsorship with Competitor Group

February 27, 2012 SGB Update

Sof Sole, a division of Implus, and The Competitor Group (CGI) announced that Sof Sole has renewed its partnership as the Official Insole of the Rock 'n' Roll Marathon Series. Sof Sole has been a part of the Rock 'n' Roll Marathon Seri

Kohl’s Profit Falls 7.9 Percent Amid Sales Decline

February 23, 2012 SGB Update

Kohl's Corporation reported fourth quarter diluted earnings per share increased 9 percent to $1.81. Net income for the quarter decreased 8 percent to $455 million, compared to $494 million ($1.66 per diluted share) a year ago. Net sales were $6.0 bil

Dillard’s Q4 Earnings Cilmb

February 23, 2012 SGB Update

Dillard's, Inc. reported income for the 13 weeks ended Jan. 28, 2012 of $141.5 million, or $2.77 per share. Included in net income for the 13 weeks ended January 28, 2012 is a $44.5 million pre-tax credit ($28.7 million after tax or $0.56 per share)

Jordan Sues Chinese Company Over Use of Name

February 23, 2012 SGB Update

Basketball legend Michael Jordan has filed suit in a Chinese court against Qiaodan Sports Company Limited, a Chinese sportswear and footwear manufacturer, for unauthorized use of his name. Nike is reportedly not involved in the lawsuit…

West Marine Profits Jump in 2011 on New Store Strategy

February 23, 2012 SGB Update

West Marine reported net revenues for the fourth quarter ended Dec. 31, 2011 were $113.4 million, an increase of $6.1 million, or 5.7 percent, on a 4.3 percent comp store gain. The company said its strategy of fulfilling wholesale orders through a smaller

The North Face Updates Apps for Windows Phone

February 23, 2012 SGB Update

The North Face updated its Trailhead and Snow Report apps with the launch on Windows Phone. In addition to offering a constant stream of weather, trail and route information, both free applications now also feature…

Korean Free Trade Agreement Kicks in March 15

February 23, 2012 SGB Update

The U.S.-Korea trade agreement will enter into force – that is, take effect – on March 15, 2012, U.S. Trade Representative Ron Kirk said this week. What impact the agreement will have on the U.S. sporting goods brands is uncertain given that they source m

RECALL: 3,000 Kelty Jogging Strollers

February 23, 2012 SGB Update

American Recreation Products of Boulder, CO is recalling about 3,000 Kelty single and double jogging strollers because the front wheel can come loose during use and cause the stroller to tip over, posing a fall and injury hazard to children in the strolle

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