Category: Sports/Fitness

Billabong Gets Buyout Offer from TPG

February 16, 2012 SGB Update

Billabong has received a buyout offer from private equity giant TPG, a person familiar with the matter told Deal Journal Australia. The conditional offer, contained in letter Tuesday, valued the company at Australian $765.3 million (US $819.3 million)…

Puma’s Q4 Revenues Climb 16 Percent

February 15, 2012 SGB Update

Puma reported earnings more than doubled in the fourth quarter as currency-neutral sales grew 15.8 percent. Puma said it expects sales to rise by a high-single-digit percentage in 2012 and 2013, and net income to increase at a mid-single-digit pace in eac

Jarden Outdoor’s Sales Slow Sharply in Fourth Quarter

February 15, 2012 SGB Update

Jarden Corp. reported its Outdoor Solutions segment generated net sales of $614.5 million in the fourth quarter ended Dec. 31, 2011, up 1.7 percent from the year earlier quarter. The segment owns such brands as Abu Garci, Berkley, Coleman, ExOfficio, K2,

Sperry Top-Sider Adds New Licenses

February 15, 2012 SGB Update

Sperry Top-Sider signed three additional new license agreements to expand Sperry Top-Sider branded products into the categories of luggage, watches and eyewear…

Eddie Bauer CEO Departing

February 14, 2012 SGB Update

Neil Fiske, who took the helm at Eddie Bauer in 2007 and tied its turn around to a return to its roots in technical mountaineering, will leave the company, according to an article in the Seattle Times…

Pon Holdings Forms Bicycle Business Unit

February 14, 2012 SGB Update

Pon Holdings BV has formed a bicycling unit to oversee its growing investments in cycling, which now include the Gazelle and Cervélo brands as well as those owned by Germany's Derby Cycle AG….

Hi-Tec Sports Partners with Friends of Trees

February 14, 2012 SGB Update

Hi-Tec Sports USA is literally deepening roots in its adopted hometown of Portland, OR. The global sports and outdoor company, which moved its USA headquarters from Modesto, CA to Portland, OR in Jan. 2011, has partnered with Friends of Trees and committe

ShopRunner Plans to Acquire ShopSanity

February 13, 2012 SGB Update

ShopRunner, owned by GSI Commerce founder Michael Rubin's Kynetic, plans to acquire ShopSanity, a service that helps keep consumers organized by tracking orders and aggregating receipts across retailers. With the acquisition, ShopRunner is a members-

Franklin Retail Solutions Makes Two Marketing Promotions

February 13, 2012 SGB Update

Franklin Retail Solutions, which provides in-store marketing and merchandising solutions to the Sporting Goods, Outdoor and Active Lifestyle industries, announced the promotion of Ginna Larson to senior marketing manager and Catherine Smith to client serv

Flip Flop Shops to Open 40 Stores in 2012

February 13, 2012 SGB Update

With more than 50 shops currently operating throughout the United States, Canada, Guam and the Caribbean, Flip Flop Shops announces it will expand its footprint to 90-plus shops by the end of 2012, with an additional 40-plus already in the pipeline for 20

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