SGB Executive

Adams Golf Profits Quadruple on 5% Sales Decline

Adams Golf said that while sales slipped 5% in the first quarter, it ended the period with more than three times the open orders as a year earlier – largely because specialty retailers boosted orders amid limited availability from other vendors…

Easton-Bell’s Q1 Sales Up 5% on Resurging Team Segment

Easton-Bell Sports Inc. said net sales for the first quarter ended April 3 rose 5.0% to $194.1 million on an 8.8% rise in team sports sales and 4.4% decline in action sports sales on a constant currency basis. Operating income rose 18.0% compared to the f

The Merino Co. Adds Apparel Unit

The Merino Company (TMC), which provides supply chain management services to retailers and apparel brands, has launched TMC Apparel to focus on providing natural fibre, merino garment solutions to leading apparel retailers in Australasia…

Antigua Golf Names John Anderson National Sales Manager

The Antigua Group, Inc. has named golf apparel industry veteran John Anderson as the new National Sales Manager of its Golf Division. Anderson arrives at Antigua with a strong background in golf industry sales management and sales…

Court Backs Customs in CamelBak Tariff Dispute

CamelBak Products LLC lost a case before the U.S. Court of International Trade that sought to reclassify hydration packs imported from the Philippines in 2003 as 'insulated food or beverage bags' to lower duties from 17.8% to…

Great Outdoors to Close Store in Rutland, VT

The Great Outdoors Trading Co. plans to close its store in Rutland, VT. Its three remaining Great Outdoors stores in Killington, Okemo and Mount Snow will remain open…

Body Glove to Expand in Middle East

Body Glove International LLC has inked a deal to expand sales of its products into the Gulf market. Body Glove has teamed up with United Arab Emirates based retail giant Sun and Sand Sports LLC to launch the brand in the UAE…

Wells Fargo Extends $225M Cabela’s Loan 18 Months

Cabela’s Incorporated said Wells Fargo Bank, N.A. renewed its $225.0 million commitment under an outstanding series of variable funding notes issued by Cabela's Credit Card Master Note Trust. The commitment is for 18 months…

Head N.V. Sales Rise 6.7% in Q1, Narrowing Losses

Head N.V. reported that total net revenues for the quarter ended March 31, 2010 increased by €3.8 million ($5.3mm), or 6.7%, to €61.0 million ($84.5mm) from €57.2 million ($75.8mm) in the comparable 2009 period. The net loss declined by

Lululemon athletica Boosts Stake in Australian Venture

Lululemon athletica inc. increased its equity interest in its Australian joint venture partner, New Harbour Yoga Pty Ltd., from 13% to 80.3%. The deal marks lululemon's increasing commitment to the market where it operates nine stores and four showro

Sports Authority to Launch ‘S.A. Elite’ Concept

Sports Authority is planning on launching a new smaller concept, S.A. Elite, focusing on higher-end footwear and apparel. The first location will open in Denver in August to serve as a model for future stores. The size of concept will range from 12,000 to

Boulder Creative Agency Hires adidas Exec

Sid Factor Seven, a product and creative agency in Boulder, CO, named Max Milverstedt to the newly created position of VP of Marketing and Product Strategy. Milverstedt left adidas Group in Portland and has relocated to Boulder to head up the new division