Category: Sports/Fitness

Volcom Revenues Increase 23% in Q3

October 30, 2008 SGB Update

For the 2008 third quarter ended Sept. 30, 2008, Volcom, Inc. had total consolidated revenue increase 23% to $111.7 million, compared with $91.0 million in the third quarter of 2007. Total revenue in the company’s U.S. segment, which includes revenue from

Callaway’s Q3 Sales Down 10%

October 30, 2008 SGB Update

Callaway Golf Company reported net sales for the third quarter ended Sept. 30, 2008 were $213.5 million, a 10% decline from $235.5 million reported for the year ago period. Loss per share for the quarter was 12 cents as compared to diluted earnings per sh

Nike Expands Eco-Friendly Options To All Divisions

October 28, 2008 SGB Update

Nike, which has been offering its environmentally friendly Nike Considered Design products for several years now, says that for the first time, it will offer such products in all six of its divisions – basketball, running, soccer, women's training, m

Adidas Implements Hiring Freeze to Battle Economy

October 27, 2008 SGB Update

Adidas Group Chairman Herbert Hainer e-mailed all employees Friday to say that, due to the troubled economy, the company is imposing a hiring freeze, cutting external meetings, seminars and consultants, and aiming to pare travel expenses next year by 15%,

European Outdoor Group Renews ispo Contract

October 24, 2008 SGB Update

The European Outdoor Group (EOG) recently renewed its contract with Messe München for the ispo winter fair. The EOG said it believes that it is vital for the outdoor industry to work closely with key trade fair partners and this contract “signals a new an

SGMA: Baseball Draws Largest Group of Dedicated Players

October 21, 2008 SGB Update

According to a new SGMA study, nearly 55% of baseball players in the U.S. participate in the sport on a ‘frequent’ basis, or 25 days or more a year. Only lacrosse and ice hockey have similar percentages of such a dedicated group of players, but baseball’s

Skins Supplies Colorado Youth Corps Association

October 21, 2008 SGB Update

Skins and the Colorado Youth Corps Association (CYCA), a statewide coalition of youth conservation corps, have formed an Official Supplier agreement. Skins will donate compression apparel for youth corps members statewide to wear outside while creating bi

Credit Insurance Market Tightens as Retail Outlook Worsens

October 20, 2008 SGB Update

U.S. credit insurance brokers say they are getting more inquiries from companies looking to insure their accounts receivable with retailers. Vendors can purchase credit, or accounts receivable insurance, to eliminate the risk of not getting paid by retail

Wolverine Bolsters Patagonia Footwear Team

October 20, 2008 SGB Update

Wolverine World Wide’s Outdoor Group promoted Craig Throne from GM of its Patagonia Footwear brand to VP of global marketing and replaced him with Bill Dodge, who oversaw Timberland's former GoLite Footwear venture. Dodge will oversee all business op

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