The U.S. Golf Manufacturers Anti-Counterfeiting Working Group announced that raids on a factory in Beijing resulted in the seizure of nearly 10,000 pieces of counterfeit golf equipment, including more than 740 assembled golf clubs, 1,500 club heads, 4,70
Category: Sports/Fitness
Crocs Gets New Life with Credit Line Extension
Crocs, Inc. has been thrown a lifeline as it works to turn around a sliding revenue base. The company reported last week that it had obtained an extension for its existing credit facility with Union Bank of California N.A. from a maturity date of April 2
Report: Global Organic Cotton Jumps in 2008…
Global retail sales of organic cotton apparel and home textile products reached an estimated $3.2 billion in 2008, according to the Organic Cotton Market Report 2007-2008 released by the Organic Exchange. This represents a 63% increase from the $1.9 billi
G-III Fourth Quarter Earnings Plummet on Charge
G-III Apparel reported net sales spiked 32.6% to $170.7 million for the fourth quarter of fiscal 2008 from $128.7 million in the year-ago period. In a conference call with analysts, management credited the company’s new retail segment along with significa
Gottschalks Inc. to Liquidate
Gottschalks, the department store chain based in Fresno, CA, will be liquidated after it failed to attract a buyer willing to operate the company going forward. A joint venture of liquidators including SB Capital Group LLC, Tiger Capital Group LLC, Great
OR Survey: Seeing New Products Main Reason to Attend
According to an online survey by the Outdoor Retailer tradeshow, the top reason people attended the OR was to see new products, followed by finding new suppliers/manufacturers, and establishing/building relationships…
Quiksilver Europe Makes Management Changes
Quiksilver Europe, based in St Jean de Luz, France, named Pierre Boccon-Liaudet as chief financial officer and José Cledera as chief operations officer. They will be reporting directly to Pierre Agnes, president of Quiksilver Europe and on a functional le
Heiden/Weidman Partners with Sparc Retail
The Heiden/Weidman Group has joined the Sparc Retail team to develop integrated brand strategies for clients in the outdoor industry. Heiden/Weidman principals Jim Heiden and Jeff Weidman combine over 80 years of experience in the outdoor industry to comp
Chaos Headwear Sponsors Snowboard Tournament
Chaos Headwear will be the official headwear supplier for the USASA Nationals held at Copper Mountain, Co running from April 5th- 10th 2009. This is the fourth year for Chaos as the official USASA headwear supplier…
REI Selects Board Members
REI said cooperative members voted to return incumbents Ivar Chhina, Joanne Harrell and Chuck Katz to three-year terms on its board. Board election results were released after its annual membership meeting held Monday, March 30 at the Seattle flagship sto
Burton Founders Eliminate Own Salaries as Layoffs Occur
Burton implemented cost savings initiatives last week as it reduced head count and implemented a reduction in salaries across the board. In a move that should likely garner more attention than it has, Burton owners Jake and Donna Carpenter have chosen to
ECCO Sales Up Despite Tough Americas Business
ECCO posted another year of sales growth, though the recession had an obvious affect, slowing the mid-teens growth reported last year to mid-single-digit gains this year. Sales grew for the brown shoe, golf and performance businesses, but the company saw
The Walking Company to Restructure After Tough Q4
The Walking Company Holdings, Inc. reported fourth quarter net sales increased 3.9% to $ 79.6 million from $76.6 million last year as full year sales grew 3.5% to $241.5 million from $233.3 million in 2007. Sales growth was primarily due to the addition o
Active Ride Shop Latest Retailer to File for Bankruptcy Protection
Three relatively major sporting goods industry retailers filing for bankruptcy protection in the last four weeks signals the start of what many analysts suggest will be a trend for the first half of this year as the market looks to right-size itself withi
Ringstar Hires Director of Marketing and Brand Strategy
Chris Langathianos, a 12-year footwear veteran, has joined martial arts footwear manufacturer Ringstar, Inc. as Director of Marketing and Brand Strategy. In this new role, Langathianos will focus on developing the performance brand’s overall business stra
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