SGB Executive Outdoor

Fed Issues New Regulations on Gift Cards

The Federal Reserve Board on Tuesday announced final rules to restrict the fees and expiration dates that may apply to gift cards – a significant source of profit growth in recent years for retailers. The rules protect consumers from certain unexpected co

Sports Associations Form Research Council

Seven of the major governing bodies and trade associations in the sports, fitness, outdoor, and leisure industry have formed a research partnership — The Physical Activity Council (PAC). The goal of the partnership is to identify key trends in sports, f

Faytex Appoints International Sales Manager

Faytex, the textile concern based in Weymouth, MA, appointed William “Bill” Pickett to the newly created position of international sales manager to help mine new and renewed interest in Dri-Lex and Eco Dri-Lex, in particular, outside the U.S…

Taipei Cycle 2010 Draws Record Number of Exhibitors

Taipei Cycle 2010 has drawn a record 894 exhibitors to Taiwan this week. They will be occupying 3,018 booths. That represents growth of 17.3% and 4.5% respectively from last year, according to the Taiwan External Development Council (TAITRA), chief organi

Peak Sport’s Sales Vault 51.6% in 2009

Peak Sport Products Co., Limited reported sales jumped 51.6% to RMB3,094.9 million ($453.3 million). The increase was mainly due to increased demand for Peak's products and continued expansion of its distribution network across China…

Grants Awarded to Make Five Cities More Bike Friendly

Bikes Belong, in partnership with the League of American Bicyclists and with generous support from REI (Recreational Equipment, Inc.), announced this year's REI/Bicycle Friendly Community Grant Awards. The grants went to groups in five cities, includ

Outdoor Lobby Urges Senate to Act on Climate Change

Seventy-five outdoor businesses, the Outdoor Industry Association, Outdoor Alliance and the National Parks Conservation Association have signed on to a letter calling on Congress to protect public lands from climate change impacts. The letter argues that

Steve Murray Leaving Vans for Urban Outfitters

Urban Outfitters, Inc. announced that Tedford Marlow, president, Urban Outfitters Brand, will retire and be succeeded by Steve Murray on April 12, 2010. Murray has been president, VF Action Sports Coalition since February 2009 overseeing the Vans and Reef

Tiger Woods to Return to Golf

Tiger Woods announced plans to return to competitive golf at the Masters next month. While several sponsors have terminated their relationship with the golfer, companies that banked more directly on his athletic prowess, such as Nike Inc. and Electronic A

New Denver Venue Helps SIA Snow Show Set Attendance Record

SnowSports Industries America (SIA) is reporting a six-year attendance high for the inaugural Snow Show recently held at the Colorado Convention Center in Denver from Jan. 28-31, 2010. The sold-out Snow Show attracted 18,932 attendees and featured over 3,

West Marine Delays Earnings Release

West Marine, Inc. announced that it has delayed the release of its 2009 fourth-quarter and fiscal-year earnings release, as well as the related conference call and webcast scheduled to take place today (March 11, 2010) while working through final audit it

Quiksilver Slashes Q1 Loss on 2% Revenue Decline

Quiksilver, Inc.'s sales dipped 2% in its first quarter ended Jan. 31, to $432.7 million from $443.3 million a year ago. The pro-forma consolidated loss from continuing operations was $2.5 million, or 2 cents per share, an improvement over a deficit

PUMA Acquires Cobra Golf

Puma signed an agreement to acquire 100% of the golf equipment brand Cobra Golf from Acushnet Company, the golf business of Fortune Brands, Inc. The acquisition includes the Cobra brand as well as related inventory, intellectual property and endorsement c