SGB Executive Outdoor

Bike Dealers Protest MEC Store Expansion

Mountain Equipment Co-op in encountering opposition from local bike shops to its plans to move its store in North Vancouver, BC to a much larger building in the town, according to nsnews.com, a website operated by one of Canada's largest newspaper p

Head NV Amends its 2009 Financial Statements.

Head N.V. and HTM Sport GmbH, a subsidiary of Head N.V., said it amended its 2009 financial statements. The sports equipment company said the adjustment “which is one off (non recurring) and technical in its nature has no effect on the key indicators of o

Aldila Partners with 3M

Aldila Inc., the maker of graphite golf shafts, and 3M signed a mutual commercialization agreement and a product supply agreement centered around 3M's unique Matrix Resins…

Phillips-Van Heusen Inks NFL Sponsorship

Phillips-Van Heusen Corporation entered into a sponsorship agreement with the National Football League for its Van Heusen brand, launching Thanksgiving weekend. The sponsorship comes on the heels of a first-of-its-kind multi-year sponsorship of the Pro Fo

J. Crew Sold to Buyout Groups

J.Crew inked an acquisition deal with TPG Capital and Leonard Green & Partners L.P. valued at $3 billion. Millard Drexler will continue as Chairman and CEO and maintain a significant equity investment in J.Crew…

Moving Comfort Names Manager for Bra Line

Moving Comfort hired Heather Cvitkovic as senior product line manager of sports bras and apparel. She joins the company from Columbia Sportswear, where she most recently served as key account sales manager for REI and Amazon. Moving Comfort estimates its

Nike Increases Dividend by 15%

Nike, Inc.'s board of directors increased the company's quarterly cash dividend by 15% to 31 cents per share. The new dividend is payable on Dec. 30 to shareholders of record at the close of business on Dec. 6…

Johnson Outdoors Lowers Borrowing Costs

Johnson Outdoors Inc. has amended its credit agreements and, as a result, expects to reduce Fiscal Year 2011 borrowing costs by more than 15% compared to Fiscal Year 2010. The new agreements relax restrictions regarding what acquisitions the company can m

China’s Exceed Co. Posts 26% Revenue Gain in Q3

Exceed Company Ltd., which owns the “Xidelong” sportswear brand of China, reported revenue rose 25.8% to RMB832.4 million (US$124.4 million) in the third quarter ended Sept. 30. The company said it was able to raise prices thanks to heavier advertising an

Reebok Sued Over EasyTone’s Claims

A lawsuit filed in Boston's federal court asserts that Reebok made false claims about the fitness benefits of its EasyTone shoes. A Reebok statement defended both the technology and the performance of the product…

Team Express Becomes Exclusive Provider to Eteamz.com

Active Network named Team Express, a distributor of sporting goods, apparel and footwear, as the exclusive provider of team uniforms and sports equipment for users of Active Network's media property, http://www.eteamz.com…

Aldila Agrees to Acquire Victory Archery

Aldila, Inc., the golf equipment company, signed a non-binding letter of intent to acquire the assets of the Victory arrow business from Miramar Strategic Ventures, LLC in a cash and stock transaction targeted to close by Dec. 31, 2010…