SGB Footwear

Jarden Sees Cost-Cutting Measures Boost Profits

In a second quarter that was dubbed “outstanding” by company chairman and CEO Martin Franklin, Jarden Corporation, parent to K2, Shakespeare, Stearns, Rawlings, Worth, Marmot and Coleman, among many other brands, exceeded analyst expectations by reporting

Black Diamond Announces New Distributor in Chile

Black Diamond Equipment Ltd., a global leader in the climbing and freeride ski markets, announces that Tatoo Adventure Gear will become the exclusive distributor for Black Diamond climbing and mountain equipment in Chile, effective Aug. 1 2009…

FINA Bans Use of Record-Breaking Swimsuit Technology

The Fédération Internationale de Natation (FINA) has agreed to ban the record-breaking swimsuit technology that led to 108 world records last year and almost 30 already this year, according to reports from several sources including the Associated Press…

Cybex Posts $2.1mm Loss in Second Quarter

Cybex International, Inc. reported loss of $2.1 million in the second quarter on a 16% slide in sales. The maker of exercise equipment also said it is in violation of certain financial covenants in its loan agreements and is negotiating with its banks…

Stamina Recalls Elliptical Trainers

Stamina Products Inc., in cooperation with the U.S. Consumer Product Safety Commission, has announced a voluntary recall of about 11,000 Elliptical Cross Trainers…

Wade Moves to Brand Jordan

Nike, Inc. has announced that Miami Heat guard Dwyane Wade has changed sponsors, making the switch from Converse to Nike’s Jordan Brand, effectively ending what had become a soured relationship between the NBA scoring champ and the NKE subsidiary…