SGB Footwear

Mammut Revenues Rise 8.8% in 2008

Mammut Sports Group increased sales by 8.8% to CHF192.6 ($171.3 million) last year. Without currency translation effects, growth would have reached double figures…

Report: Marc Ecko Hires Investment Firm

Marc Ecko Enterprises has hired investment bank Peter J. Solomon Co. to help refinance at least $170 million in debt owed to two key business partners, sources told The New York Post…

Report: Endorsements Most Important to Youth, Minorities

Athlete and celebrity endorsement dollars are best spent when targeting a younger or minority sports or outdoor consumer in the U.S. That conclusion is one element of the recent SportsOneSource 2009 Brand Strength Report that measures how American consum

Bearpaw Names Executive Vice President

After one year of working with Bearpaw on a contract basis, John Larkin has joined the company in a full-time capacity as executive vice president. Larkin will oversee sales, marketing, and product development. Bearpaw is one of the fastest growing footw

Under Armour CEO Misses ’08 Bonus

Under Armour, Inc. CEO Kevin Plank voluntarily cut his $500,000 salary to $26,000 last year, according to a filing with the Securities & Exchange Commission. When the company recently fell short of its targeted 2008 revenue of $775 million by nearly $50 m

Play It Again Sales Slide 6% in 2008

Play It Again achieved system-wide sales of $235 million in 2008, down 6% from sales of $250 million in 2007, according to the annual report of its parent Winmark Corp. Play It Again Sports contributed royalties and franchise fees of $9.8 million in 2008

Sportsman’s Warehouse Files for Bankruptcy Protection

Sportsman's Warehouse on Saturday filed for Chapter 11 bankruptcy protection, citing a liquidity crisis triggered by declining sales and the global economic slowdown. The company plans to sell the business or reorganize as “a smaller, viable chain of

McDavid and Hibbett to Sponsor Scout Combines

McDavid will be the presenting sponsor of the 2009 Scout Combines. The series of high school football events are set to take place in 13 cities across the country, including Atlanta, Austin, Chicago, Los Angeles, Pittsburgh, and San Francisco, and attract

Rottefella Closes Naxo AG

Rottefella AS, the manufacturer of bindings for Nordic skiing, will close Naxo AG, its wholly owned subsidiary that produces Naxo alpine-touring bindings. The move will allow Rottefella, based in Oslo, Norway, to refocus all of its resources on the Nordic

GrindTV and Sportnet Merge

GrindTV and Sportnet announced plans to combine the web's two top action sports properties into one dominant digital action sports network collectively reaching over ten million monthly visitors. The company will operate as Sportnet, and will provide

Trek Bicycle Furloughs Affects Almost 300 Workers

Trek Bicycle Corp. has instituted temporary furloughs for many production workers at its Waterloo plant, according to the Wisconsin State Journal. Most production employees rotated one week on, one week off without pay during February. Fewer than 300 of t