Category: Sports/Fitness

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

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

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

Sweden’s Hestra Beefs Up Colorado Marcomm Team

July 25, 2011 SGB Update

Hestra, a Swedish maker of of gloves for skiing, cycling, outdoor recreation and leisure, has hired a marketing and communications firm and a lifestyle marketing manager to manage the company’s public relations and communications strategy, online ma

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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