SGB Footwear

Heelys Narrows Losses for Q4

Heelys, Inc. reported sales slumped 37.1% in the fourth quarter ended Dec. 31, to $9.8 million from $15.6 million a year ago. The net loss was trimmed to $5.2 million, or 19 cents a share, from $5.9 million, or 22 cents, a year earlier…

Klean Kanteen Joins Conservation Alliance

Klean Kanteen, the maker of stainless steel water bottles, said it recently became a member of the Conservation Alliance, and was also honored last Wednesday at the California Ocean’s Day Reception in Sacramento, for its environmental stewardship…

JJB Sells Health Club Division, Fires CEO

JJB Sports has moved its health club division off its books, while also removing CEO Chris Ronnie from the corner office. Among all those shifts, the company also reiterated its earlier guidance of a 2008 loss of between £5 million ($7.3 million) and £10

Hanesbrands Staff Cuts Continue

Hanesbrands Inc., the parent of Champion and Duofold, eliminated 46 hourly employees at its service center in Martinsville, VA. Prior to the job reductions, the plant employed a workforce of approximately 300…

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 SEC. When the company recently fell short of its 2008 revenue target of $775 million by nearly $50 million, Plank also became ineli

NRA Hails Gun Advocates in Senate

The attempt to blame America’s lawful gun owners and its gun laws for the horrific violent acts of Mexican drug cartels continues, spurred on by Secretary of State Clinton and her foray south of the border…

NGP Names Distributor for Middle East

National Golf Products (NGP) has named Synergy LLC as its official distributor in the Middle East. NGP's first partner in the Middle East, Synergy LLC, based in the Sultanate of Oman, is the region's leading supplier of golf maintenance equipmen

Targeted Endorsement Dollars Still a Wise Spend

Athlete and celebrity endorsement dollars are best spent when targeting a young or minority sports or outdoor consumer in the U.S. That is one conclusion generated by the SportsOneSource 2009 Brand Strength Report that measures how American consumers vie