SGB Footwear

Trek Bicycle Sponsors New Women’s Triathlon Series

Trek Bicycle has signed on as title sponsor of a new women’s triathlon Series. The Trek Women’s Triathlon Series is targeting 12 cities for 2009 with more than 25,000 entrants anticipated. The Series is aimed at breaking down barriers for women athletes b

Brunswick Lays Off 115

Brunswick Corp. is moving production of Trophy offshore fishing boats from a Cumberland, MD, facility to Ashland City, TN, and eliminating 115 jobs in the process…

Smith and Wesson Fills Orders for MandP Tactical Rifles

Smith & Wesson Holding Corporation, parent company of Smith & Wesson Corp., reported that it has recently filled orders for its Military & Police (M&P) tactical rifles. Among recent shipments is an order from the Chicago Police Department to equip the cit

PGA of America Elects Remy as President

Jim Remy of Ludlow, Vt., was elected the 36th president of The Professional Golfers' Association of America by delegates at the association's 92nd annual meeting in Phoenix, Ariz. Remy previously served as secretary of the association from 2004-

Fox Shox Posts 30.8% Growth in Q3

Revenues at Fox Shox, which makes suspension and other components for mountain bikes and motorcycles, soared 30.8% to $43.3 million in the third quarter, as road bikers continued to shift to mountain bikes in the United States and Europe. The company is p

Zappos Lays Off 8% of Workforce

Zappos.com has laid off 8% of its workforce and plans to close retail locations in Nevada and Kentucky. According to an e-mail to employees that was also posted on the company's blog, Zappos CEO Tony Hsieh said, “This is one of the hardest decisions

Sales Fall at Outdoor Specialty in September

Sales by outdoor specialty stores posted a decline for the first time since October 2007, due in part to Labor Day sales skewing more toward August, according to The Outdoor Topline Report, produced for Outdoor Industry Association (OIA)…

Outdoor Execs See Recovery Coming in Q3 2009

Executives in the outdoor industry don't expect an economic recovery to occur earlier than the second half of 2009, according to a survey recently conducted by the Outdoor Industry Association and Piper Jaffary. The survey also finds suppliers with a

Converse Makes Exclusive Line for JC Penney

Converse has agreed to create a signature performance basketball footwear line available exclusively at JCPenney featuring professional basketball star Elton Brand. The EB1 retails for $65 and began reaching stores on Nov. 1. The shoe will roll out in add

Fair Traders Pick Up 31 Seats in Congress

So-called “Fair Traders” have picked up a net increase of 31 seats in Congress, according to a report by Public Citizen's Global Trade. The report finds that Republicans have increasingly adopted fair trade platforms to fend off Democratic contenders

Aldila Q3 Sales Drop 11%

Aldila, Inc. reported net sales of $11.8 million, down 10.8% from net sales for the year ago period. The golf company incurred a net loss of $1.1 million, or 21 cents a share, in the period. In the comparable 2007 third quarter, the company had net sales

Christy Sports Celebrates 50 Years of Business

Christy Sports said it's celebrating its 50th year of operation with special discounts, giveaways and an end-of-season anniversary ski party. Said Keith Liefer, COO of Christy Sports, “It's our birthday and we want to make sure that our custome

Fire that Destroyed Indiana Store Ruled Accidental

A Nov. 3 fire that caused more than $1 million in damage to a sporting goods store in Indiana has been ruled accidental by state police fire marshal Tim Frew. The fire destroyed Bowman's Sporting Goods on McGee Avenue in Patton, IN…

Confluence Parent Cuts Dividend To Preserve Cash

The publically traded private equity fund that owns Confluence Watersports has cut its dividend, eliminated its stock buy-back program and will implement further costs cutting in a move to preserve cash.American Capital, Ltd. said it is taking the moves b

Confluence Parent Cuts Dividend To Preserve Cash

The majority owner of Confluence Watersports has cut its dividend, will retain 2008 and future long-term capital gains, eliminate its stock buy-back program and implement further cost cutting in a bid to preserve cash. American Capital, Ltd. said it is ta