SGB Executive Outdoor

IWHOF Honors the Newest Class of Whitewater Legends

The International Whitewater Hall of Fame Board of Governors has announced the names of the Class of 2007 of the International Whitewater Hall of Fame (IWHOF) honorees. This newest class of whitewater legends includes a manufacturer, coach, and an artist/

Salem Orvis will close in January

An Orvis store in Salem will close in late January. James Hathaway, a spokesman for Vermont-based Orvis, told the Roanoke Times that the company is closing the Salem outlet because of uncertainty at the West Salem Plaza, a retail center that has been for

The Conservation Alliance Distributes $400,000 in Grants

The Conservation Alliance sent checks totaling $400,000 to 17 organizations working to protect wild places throughout North America. The donations marked the Alliance’s final disbursal of funding for 2007, and represent the largest single funding round in

Nautilus Renegotiates Debt Agreement

Nautilus, Inc. signed a proposal letter with Bank of America, N.A. to expand its current debt facility to a 5-year, $150 million asset-based loan with a $50 million accordion. The fitness company has targeted to close the new facility by year-end 2007, su

Heelys Sues Wal-Mart

Heelys has filed a lawsuit against Wal-Mart Stores Inc. for making knockoff skates that Heelys claims violate a patent. According to a complaint filed in Dallas federal court, Wal-Mart sells a knockoff model called Spinners that violate Heelys patent on a

Kohl’s Comps Decline 3.2%

Kohl's Corp reported comparable store sales fell 3.2%. The mid-tier department store operator also said Q3 earnings would come in at the low end of its former guidance…

Ross September Comps Remain Flat

Ross Stores, Inc. reported sales of $537 million for the month of September, a 5% increase over the $510 million in sales for the five weeks ended October 7, 2006. Same store sales for the five weeks ended October 6, 2007 were flat compared to the five we

TJX September Comps Increase 2%

The TJX Companies September 2007 sales were $1.8 billion, up 5% over the $1.7 billion achieved during the five-week period ended October 7, 2006. Consolidated comparable store sales for the five-week period ended October 6, 2007, increased 2% over last ye

Garmin Looks to Continue Int’l Distributor Acquisitions

Garmin Ltd. has signed a letter of intent for the proposed acquisition of Fairpoint Navigation A/S, the distributor of Garmin's consumer products in Denmark. The completion of the acquisition remains subject to the negotiation and execution of a defi

NBA Opens adidas NBA Concept Shop in Turkey

NBA Commissioner David Stern, Erich Stamminger, president and CEO of the adidas Brand and members of the Minnesota Timberwolves opened the first adidas NBA Concept Shop in Europe in Istanbul, Turkey on Friday. The shop coincided with NBA Europe Live prese

SGMA: Sports Participation is Strong, but it Could Be Stronger

Roughly 75% of the U.S. population is involved in a fitness, sports, recreational, or outdoor activity as a casual, regular or frequent participant. That’s one of the underlying messages revealed in the Sporting Goods Manufacturers Association’s Sports P

Interbike Sees 4% Attendance Growth

Interbike reports that attendance for this year's event in Las Vegas saw a 4% increase over last year to nearly 23,000 members of the bicycle industry walking the aisles in Las Vages last week. A breakdown of the numbers indicates the show had slight

RECALL: Sports Authority Water Bottles

The Sports Authority and the CPSC are recalling approximately 11,200 Alpine Design Aluminum Water Bottles, because the surface paint on the water bottle contains excessive levels of lead, violating the federal lead paint standard. No injuries have been re

Unifi Names Smith as CFO

Unifi, Inc. named Ronald L. Smith as CFO. Mr. Smith is replacing William M. Lowe, Jr., who has left the company. Mr. Smith, who last week was named the company's VP of finance and treasurer, joined Unifi in November 1994 and has held positions as con

Sole Tech Names Product Manager for etnies Girl

Sole Technology, Inc. has named Michelle Montanano as product manager for etnies Girl. Montanano joins a growing team dedicated to focusing on the thriving etnies Girl brand. She joins etnies Girl with a wealth of experience and was most recently at Fila