SGB Executive

Cybex Sees 20% Q2 Sales Jump, Bottom Line Down on LY Benefit

Cybex International, Inc. reported a 15.7% jump in net sales for the second quarter to $34.7 million from $30.0 million last year, driven by “strong sales” of both the strength and cardio products. The company reported net income for the second quarter of

Gramicci Expands Sales Team

Gramicci apparel has expanded its U.S. sales force with the addition of two outdoor industry veteran sales agencies covering the southeast and Great Lakes. The RoadDogs, lead by founder Paul Marsh will represent Gramicci in the southeast and Sam Powers, P

VF Corp. Sees Outdoor, Imagewear Drive Q2 Growth

VF Corporation recorded a 12% jump in second quarter revenues to a record $1.52 billion from $1.35 billion in the same period last year. Income from continuing operations in the current quarter increased 18% to a record $105.8 million, compared with $89.6

K2 Sports Hires New VP of Global Marketing

K2 Sports hired Mike Humes as vice president global marketing. Humes is experienced with all facets of business operations and marketing with major sports franchises in the U.S. and Canada. He previously served as the senior vice president and chief sales

New Balance and MLL Raise Funds for Wounded Warrior Project

Major League Lacrosse and New Balance combined to raise $53,308 for the Wounded Warrior Project (WWP), which is dedicated to bringing comfort and support to wounded servicemen and women and their families. New Balance provided 40 limited-edition camouflag

Play It Again Parent Sees 20% Q2 Top Line Gain

Winmark Corporation, parent company to Play It Again Sports recorded a 20.6% increase in net revenues for the second quarter to $7.6 million from $6.3 million for the same period last year. Net income for the quarter decreased 15.9% to $547,200, or 10 cen

JJB Faces Tough Comparisons Against World Cup

JJB Sports plc reported that total revenue for the first half ending July 15, 2007 declined 3.9% from the same period last year, with a comparable store sales decrease of 4.1%. However, excluding revenue from replica products, which was buoyed by the Worl

Bushnell Changes Hands in Private Equity Deal

MidOcean Partners, a private equity firm with offices in New York and London has signed a definitive agreement to acquire Bushnell Outdoor Products, in combination with the company’s senior management team, from Wind Point Partners. Bushnell’s senior mana

Crocs Inks Licensing Deal with MLB

Crocs, Inc. has expanded its sports licensing business by entering into an agreement with Major League Baseball Properties. The agreement, which covers both Crocs(TM) footwear and Jibbitz(TM) shoe charms, allows Crocs, Inc. to license the names and logos

NHL Teams with Reebok to Launch Flagship NYC Store

The National Hockey League (NHL) and Reebok are launching a new state-of-the-art flagship store, NHL Powered by Reebok scheduled to open in October, 2007. The store will be located in New York City at 1185 Avenue of the Americas, at the corner of 47th Str

Kahtoola and Inov-8 Partner for Grassroots Race Series

Kahtoola and Inov-8 have partnered together to launch the Kahtoola Snow Series for Winter 2008. The Kahtoola Snow Series includes races and demos at nine alpine and Nordic locations nationwide beginning in January 2008. The Kahtoola Snow Series features c

Possible Port Strike Could Wreak Havoc With Fall Deliveries

The Ports of Long Beach and Los Angeles currently face a strike that could send ripples throughout the sporting goods industry possibly causing late deliveries of fall and back-to-school product. The International Longshore and Warehouse Union has threate

Reebok to Shuffle U.S. Sales Organization

After nearly ten years with Reebok, Bob Munroe, President of Reebok USA, has decided to leave the company. Munroe played a critical role in driving the brand’s growth in North America. However, according to a statement from Reebok, current business condit

Callaway Golf Anticipates Strong Q2 Results

Callaway Golf Company expects net sales for the second quarter to be approximately $380 million, representing a year-over-year increase of approximately 11%. Management also estimates that based on these sales levels, earnings per diluted share will incre