SGB Executive

Asics Commits $250,000 to Japan Earthquake Victims

Asics Corp., based in Kobe, Japan, said that in light of the Great Tohoku-Kanto Earthquake, which took place on March 11, it has committed 20 million Japanese yen ($250,000 USD) to support victim relief efforts and reconstruction projects…

Izod Secures Footwear License

Phillips-Van Heusen Corporation has licensed Harbor Wholesale Ltd. to produce and market men's, women's and children's casual and dress casual footwear, leisure athletic shoes and non-beach sandals under the Izod brand in the U.S., its poss

Li Ning’s 2010 Revenue Grow 13% to $1.43B

Li Ning Company Limited reported revenue grew by 13.0% to RMB9,478.5 million ($1.43bn) for the year ended Dec. 31, 2010. Profit attributable to equity holders reached RMB1,108.5 million ($166.8mm), up 17.4% from 2009, while earnings per share increased by

Lululemon’s Q4 Profits Soar on 28% Same-Store Gain

Lululemon Athletica Inc. reported fourth-quarter revenues surged 52.8% to $245.4 million from $160.6 million in the fourth quarter of fiscal 2009. Comps climbed 28% on a constant dollar basis. Earnings grew 92.5% to $54.8 million, or 76 cents a share, fro

Signature Eyewear’s Fourth-Quarter Sales Slide 8%

Signature Eyewear, Inc. reported net income of $82,546 on sales of $4.7 million for the quarter ended Jan. 31, 2011. That compares to net income of $143,000 on sales of $5.2 million in the year-ago quarter…

LeMond Fitness Names President and CEO

LeMond Fitness Inc., a company focused on exercise bikes, bike trainers and data capture devices, appointed Mark Handfelt as president, CEO and director of the company. LeMond Fitness also announced the promotion of Bernie Boglioli to senior vice presiden

OrthoLite Developes Insole Material Made of 50% Bio-oil

OrthoLite a manufacturer of open cell foam insoles, said it has developed a molded insole and lining foam which incorporates nearly 50% bio-oil in its formula. The insole, called OrthoLite Impressions, is reportedly the company’s first product that

Research Indicates Silver Nanoparticle Antimicrobials Safe for Skin

A six-week field test has found that silver nanoparticle antimicrobials in textiles worn next to the skin were effective against bacteria entering the fabric through perspiration or other means while having no effect on the naturally occurring beneficial

RG Barry to Acquire Baggallini

R.G. Barry Corp., the parent of Dearfoams and Terrasoles, has entered into a definitive agreement to acquire Baggallini, Inc., the Portland, OR-based handbag company, for approximately $33.8 million…

MBT Launches Concept Shop, First National Ad Campaign

MBT announced the opening of its newest concept shop and its first one in the United States at The Core by Footwear Etc., a Palo Alto, CA store. In addition, MBT launched its first-ever national advertising campaign, appearing in the March issues of O, Th

Gander Mountain Launches Remodeling Effort

Gander Mountain has launched an extensive remodeling effort across its 116 stores. According to the Minneapolis Star Tribune, new stores will have a rustic lodge feel, a better product mix, and a tech center for high end scopes, GPS systems and other outd

Star Trac Appoints President And COO

Star Trac announced Dustin Grosz, former CEO of Core Fitness, LLC, which does business as StairMaster, has been named its president and chief operating officer. He will succeed Mike Leveque…

RECALL: Bravo Sports Pogo Sticks

About 169,000 pogo sticks from Bravo Sports are being recalled. The bottom of the pogo stick's frame tube can break or come apart and a pin holding the spring in place can break, posing laceration and fall hazards to consumers…

Dick’s SG Brings Back National Runners’ Month for May

Dick's Sporting Goods announced the return of Dick's Sporting Goods National Runners' Month, a celebratory campaign launching this May for runners across the country. The foundation of Dick's Sporting Goods National Runners' Month