Category: Sports/Fitness

Fila Korea Completes Acushnet Acquisition

July 29, 2011 SGB Update

Acushnet Company announced that the transaction for its sale from Fortune Brands, Inc. to a consortium led by Fila Korea, Ltd. and Mirae Asset Private Equity, was completed. The sale was announced on May 20. Acushnet will remain as a standalone company th

Thierry Henry to Endorse Puma

July 28, 2011 SGB Update

Soccer legend Thierry Henry has signed a multi-year partnership with Puma. The 33-year old French forward, one of the Major League Soccer's top goal scorers, will participate with Puma in a wide variety of consumer and trade programs and activities t

Goodhew to Expand Distribution to Canada

July 28, 2011 SGB Update

Goodhew, the sock maker, is launching their recently rebranded sock line and its new Sockwell brand in Canada with the help of Julie Skirving, a Canadian consultant. Skirving originally worked with Jim Markley, co-owner of Goodhew, during his time at Smar

Nielsen Exposition Sales Flat in Q2

July 28, 2011 SGB Update

Nielsen Holdings N.V. said sales by its Expositions segment, which owns the Outdoor Retailer and Interbike shows, were flat in the second quarter ended June 30, 2011, but remain up 8% year to date…

Cabela’s to Open Second Store in West Virginia

July 28, 2011 SGB Update

Cabela's plans to open a store in in Charleston, W.Va. Cabela's expects to open the Charleston store in summer of 2012. The 80,000-square-foot store will be located in the Southridge Centre shopping area off U.S. Highway 119, and will be Cabela&

Cabela’s Comps Rose 4.4 Percent in Q2

July 28, 2011 SGB Update

Cabela's Inc. reported adjusted earnings rose 14.9 percent in the second quarter, to $22.3 million, or 32 cents a share. Revenues increased 7.7 percent to $562.1 million. For the quarter, comparable store sales increased 4.4 percent. On a reported ba

Under Armour’s Revenues Soar 42 Percent in Q2

July 26, 2011 SGB Update

Under Armour, Inc. reported revenues increased 42.2 percent in the second quarter ended June 30, to $291.3 million from $204.8 million in the prior year's period. Net income increased 77.1 percent to $6.2 million, or 12 cents a share, from $3.5 milli

Garmin Closes Navigon Deal

July 26, 2011 SGB Update

Garmin Ltd. has completed the acquisition of Navigon AG, a privately-held navigation provider headquartered in Hamburg, Germany…

Performance Enterprises Partners with TSS Technologies

July 26, 2011 SGB Update

Performance Enterprises entered into a joint venture partnership with TSS Technologies, resulting in the creation of Dynavision International LLC – an established provider of performance and rehabilitation technology for the sports, tactical and medical m

eBay Sees GSI Commerce Integration Going Smoothly

July 25, 2011 SGB Update

EBay Inc. said costs tied to the $2.4 billion purchase of GSI Commerce Inc., completed in June, cut into net income in the second quarter. But management indicated that integration is going according to plan and conversations with many of GSI’s clie

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