SGB Footwear

Mizuno’s Profits Slide in First Half

November 9, 2012 SGB Update

Mizuno Corp. reported revenues grew 4.2 percent in the six months ended Sept. 30, to ¥81.3 billion ($1.3 bn). Sales of footwear, especially running shoes, and apparel remained strong throughout the first half. Overall sales increased in Japan and the Unit

Three SCUBA Importers Recall 2,500 High Pressure Hoses

November 9, 2012 SGB Update

Innovative Scuba Concepts Inc., of Colorado Springs, CO, Trident Diving Equipment, of Chatsworth, CA, and A-Plus Marine, of Gulf Breeze, FL, are recalling about 2,500 high- pressure SCUBA diving air hoses. The importers have received nine reports of burst

Skins Compression Brings Incompetence Suit Against UCI Over Doping Scandal

November 9, 2012 SGB Update

Skins Compression, a performance sportswear company and major sponsor of pro cycling teams and organizations since 2008, served the Union Cycliste Internationale (UCI) with a legal demand for $2 million, seeking damages for alleged mismanagement and impro

Gaiam Revenues Rise Three Percent in Q3

November 9, 2012 SGB Update

Gaiam, Inc., distributor of active lifestyle media, apparel and other products, reported third quarter net revenue rose three percent to $43 million after excluding results from its solar power business, deconsolidated from the company in Dec. 2011.

Adidas Lowers Forecasts on Reebok Weakness

November 8, 2012 SGB Update

Adidas AG reported a 14 percent rise in third quarter earnings but lowered its full year revenue forecast due to declines of its Reebok brand and the National Hockey League lockout in North America. The company had previously forecast a full year rise of

Sport Chalet Comps Up 5.5 Percent in Strong Third Quarter

November 8, 2012 SGB Update

Sport Chalet Inc. reported sales increased $3.5 million, or 3.9 percent, to $91.5 million for the 13 weeks ended Sept. 30 primarily due to a 5.5 percent increase in comparable store sales. Team Sales division and Online sales increased 23.7 percent and 15

Northern Tool + Equipment to Acquire Sportsman’s Guide and Golf Warehouse

November 8, 2012 SGB Update

Northern Tool + Equipment, a supplier of high-quality tools and equipment founded and owned by the Kotula family, agreed to acquire The Sportsman's Guide and The Golf Warehouse from Redcats USA, a division of French company PPR, for $215 million…

OIA Rolls Out New Outdoor University Content for November

November 8, 2012 SGB Update

Outdoor Industry Association (OIA) has announced its November Outdoor University lineup, with sessions focusing on brand building, search engine optimization, sustainability and what the 2012 election results mean for the outdoor industry. In addition, OI