SGB Executive

Yakima Hires Tool Products Vet as New CEO

Yakima Products, Inc. named Gerald T. Heinlen to the position of chief executive officer. The appointment is effective as of August 28. Mr. Heinlen’s career includes nearly 20 years in consumer products, including 10 years with Waterloo Industries in Wat

Hibbett Q2 Net Slides 17% Despite 11% Sales Jump

Hibbett Sporting Goods, Inc. reported an 11.0% increase in net sales for the second quarter to $104.4 million from $94.0 million for the same period last year. Comparable store sales increased 0.6% during the same period. Net income for the second quarter

Scott USA Adds to Sales Management Team

Scott USA has added to its sales management team for the 2007 selling season. The company has expanded to four regional sales managers to support its expanded sales force…

PSIA, AASI, andNSP Extend Deal with Subaru

The Professional Ski Instructors of America (PSIA), American Association of Snowboard Instructors (AASI), and the National Ski Patrol (NSP) announce that they will receive continued support from Subaru of America, Inc. The new five-year agreement with Sub

Crocs Prices Secondary Offering

Crocs, Inc. priced their underwritten secondary public offering of 8.29 million shares of its common stock by certain stockholders at a price of $27.66. The underwriters have a 30-day option to purchase up to an additional 1.24 million shares of common st

Everlast Signs South America Boxing Equipment License

Everlast Worldwide Inc. has signed a new license to distribute boxing equipment with Leading Brands SA. The Buenos Aires based company will distribute Everlast branded boxing equipment throughout Argentina, Uruguay, and Paraguay. The license covers a vari

Acopa USA President Killed in Auto Accident

According to local papers, Acopa USA’s president, Steve Karafa was killed in a car accident while on his way home from OR Summer Market on U.S. 93 when the vehicle he was riding in overturned. Climbing legend and Acopa spokesperson John Bachar was at the

Easton Business Adds To Overall Top Line in Q2

Easton-Bell Sports, Inc. saw net sales for the second quarter increase 91.1% to $198.3 million from $103.8 million last year. This increase is primarily attributable to $86.5 million in net sales from the acquired Easton Sports business. Team Sports net s

EC Extends Thule Investigation Period

The European Commission has extended its investigation period for Thule's acquisition of Pewag Schneeketten GmbH which was made public on March 31 of this year…

Sierra Designs Raises Over $4,000 at ORSM

Sierra Designs has raised over $4000 for several outdoor charities at the first-ever live auction held at the Outdoor Retailer Summer Market on August 10, 2006…

RECALL: BD Climbing Harnesses

Black Diamond Equipment Ltd. & the CPSC are recalling about 18,000 Speed Buckle Harnesses. The harness could be threaded incorrectly, which can lead to the webbing will easily slipping when loaded. Incorrectly threaded buckles can loosen, which could caus

True Temper Q2 Sales Decline Leads to Net Loss

True Temper Sports, Inc. saw net sales for the second quarter decrease 5.8% to $30.7 million from $32.6 million last year. The company posted a net loss of $1.7 million for the second quarter, down from net income of $0.6 million during the same period la

Cutter and Buck Licenses Out Headwear

Cutter & Buck signed a three-year licensing agreement with Pukka Headwear. The Cutter & Buck Headwear Collection will include styles for men and women and will be sold through a select number of promotional products distributors beginning late Fall 2006.

Zumiez Sees Q2 Sales Jump 41%; Net Nearly Doubles

Zumiez Inc. saw total net sales for the second quarter increase 41.5% to $55.8 million from $39.4 million reported in the same period last year. The company posted net income for the quarter of $1.6 million or 6 cents per diluted share versus $848,000 or

SIA Launches Education Workshops

SnowSports Industries America is producing five one-day education workshops for suppliers, retailers and industry reps featuring presentations structured to move product and help businesses make more money in today’s competitive market. The workshop se