Category: Sports/Fitness

RECALL: 220 Omni-Heat Batteries by Columbia Sportswear

November 21, 2011 SGB Update

Columbia Sportswear has recalled about 220 Omni-Heat Lithium-Polymer rechargeable batteries sold with three of its jackets due to a defect that can cause them to overheat and pose a fire hazard, according to the U.S. Consumer Product Safety Commission…

NICA to Recognize High School Mountain Biking Proponents

November 21, 2011 SGB Update

U.S. Mountain Bike champion and Olympian Adam Craig will be the guest of honor at the 2011 National Interscholastic Cycling Association Awards banquet, Jan. 14, 2012, at the Clif Bar and Co. headquarters in Emeryville, CA. The NICA Awards acknowledge outs

Dick’s SG Buys W. Valley Warehouse

November 21, 2011 SGB Update

Dick's Sporting Goods Inc. has completed the purchase of a 60-acre site in Goodyear, AZ to build a 600,000-square-foot fulfillment and distribution center expected to employ about 300 workers beginning in early 2013…

Nike Hikes Dividend by 16 Percent

November 17, 2011 SGB Update

Nike, Inc. said its board has declared a quarterly cash dividend of 36 cents per share on its outstanding class A and class B common stock. The quarterly dividend, which is payable on January 3, 2012 to shareholders of record at the close of business on D

Western Ski Resorts Posting Higher Reservations, Room Rates

November 17, 2011 SGB Update

Bookings for the upcoming ski and snowboard season continue a positive trend upward at western U.S. mountain destinations, according to the most recent report by the Mountain Travel Research Program (MTRiP). The research firm reports that on-the-books occ

Puma Completes Environmental Profit and Loss Account

November 16, 2011 SGB Update

Puma estimated the cost of land use, air pollution and waste across its supply chain at €51 million, raising its first ever “environmental profit and loss statement,” or E P&L by €51 million ($68 mm) to €145 million ($196 mm). In May, Pu

2XU Attains Private Equity Backing

November 16, 2011 SGB Update

2XU, a performance apparel brand based in Melbourne, Australia, said Lazard Australia Corporate Opportunity Fund 2 (Fund 2) has acquired a significant minority interest in 2XU…

Specialized to Recycle Competitors’ Carbon Frames

November 16, 2011 SGB Update

Specialized will accept carbon bicycle frames made by competitors when it kicks off its carbon recycling efforts in January, the California bike company announced. Specialized will provide details on the logistics of the operation to dealers in January…

Genuine Innovations Acquired by ITW

November 15, 2011 SGB Update

Innovations in Cycling, which does business as Genuine Innovations, has been acquired by Illinois Tool Works Inc. in a transaction that closed Oct. 31 and was led by Chris Auerbach of Accessories Marketing, Inc. (dba Slime)…

Crocs Accuses Walgreen Of Copying Shoe Designs

November 15, 2011 SGB Update

Crocs Inc. has sued Walgreen Co. with a patent suit Friday in Colorado federal court, according to law360.com. The lawsuit accuses the retailer of blatantly ripping off its distinctive footwear designs…

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