Outdoor | Page 1856 | SGB Media Online

Nike Halts Use of Leather from Amazon-bred Cattle

July 23, 2009 SGB Executive SGB Update

Nike, Inc. said it has reinforced its commitment to the environment by releasing new leather sourcing guidelines aimed at helping slow the rate of Amazon deforestation due to cattle grazing within the basin…

West Marine Reaches No Penalty Settlement with SEC

July 23, 2009 SGB Executive SGB Update

West Marine, Inc. has reached a settlement with the United States Securities and Exchange Commission (SEC) which resolves the SEC’s investigation of the company in connection with the facts and circumstances that gave rise to the company’s 2007 restatemen

Field Logic Appoints Jay Engstrom Executive VP and COO

July 23, 2009 SGB Executive SGB Update

Field Logic, the maker of The Block targets and Rage expandable broadheads, has appointed Jay Engstrom to the role of executive vice president and COO. In this capacity, Engstrom will be responsible for the strategic and operational leadership of Field Lo

RECALL: Stamina Elliptical Machines

July 22, 2009 SGB Update

The U.S. Consumer Product Safety Commission, along with Stamina Products Inc., announced a voluntary recall of about 11,000 elliptical cross trainers…

Accell Reports First Half Growth Fueled by Electric Bikes, Boost from Germany

July 22, 2009 SGB Update

Accell Group N.V. reported further growth in both turnover and profit in the first half year of 2009. In total, turnover was up 9% at €333 million ($467.8 mm), primarily driven by the growing demand for electric bicycles and an increase in sales in German

Gunslick Is Now Gunslick Pro

July 22, 2009 SGB Executive SGB Update

Gunslick, known for its specialized gun cleaning solutions and easy-to-use tools, is adding “Pro” to its name, packaging and marketing materials to “better reflect the true strength and consumer perception of the brand.” This running change will be accomp

PacSun Updates Q2 Guidance; Expects Sales Decrease

July 22, 2009 SGB Executive SGB Update

Pacific Sunwear of California, Inc. updated earnings expectations for the second quarter of fiscal 2009, announcing same-store sales for the second quarter are projected to decrease by approximately 24% versus original expectations of negative 17% to 20%.

Skechers Q2 Sales Fall 15.7%; Margins Take Significant Hit

July 22, 2009 SGB Executive SGB Update

Skechers USA, Inc. said sales for the second quarter ended June 30, 2009 were $299.0 million, down 15.7% from sales of $354.6 million a year ago. Net loss was $5.9 million compared to net earnings in the second quarter of 2008 of $14.6 million…

Jarden Reports Q2 Sales Down 6.6%; Cost Cutting Boosts Cash Flow

July 22, 2009 SGB Executive SGB Update

Jarden Corporation reported its financial results for the three and six months ended June 30, 2009. For the three months ended June 30, 2009, net sales decreased 6.6% to $1.3 billion compared to $1.4 billion for the same period in the previous year. Appr