SGB Outdoor

Report: Toms for Sale

According to the Financial Times, Toms has hired bankers to explore a sale. The L.A.-based ethical label could fetch as much as $600 million, sources told the newspaper…

FootBalance’s CEO Exits

The board of FootBalance has appointed CFO Klaus Rauhansalo as acting CEO from the beginning of June. FootBalance´s current President and CEO Tom Jungell has made a decision to move on to new challenges…

Colorado Ski Visits Set Record in 2013/14 Season

Skier visits to Colorado's mountain resorts hit a record 12.6 million in the 2013/14 season, according to estimates released Thursday by Colorado Ski Country USA (CSCUSA). The organization estimates ski visits were up more than 10 percent compared t

President Signs Legislation Important to Boaters

President Obama signed bipartisan legislation earlier this week that recognizes that the Federal government needs to do more to help small harbors, address longstanding dredging issues, and improve boating and navigation infrastructure…

Lululemon CFO to Retire

Lululemon Athletica Inc. CFO John Currie has notified the company of his plans to retire by the end of the fiscal year. Lululemon will hire an executive search firm to find his replacement…

Lululemon Cuts 2014 Guidance as Sales Weaken

Lululemon Athletica Inc. reported a drop in profit for the fiscal first quarter amid a tax charge tied to a share-repurchase plan and lowered its outlook for the year. Comparable-store sales for the first quarter decreased 4 percent on a constant dollar b

Saucony Launches 500 Mile Challenge

Saucony, in collaboration with DailyMile, Inc. and RunBlogRun, announced the launch of the Saucony 500 Mile Challenge.com high school cross country training program.vA new digital training initiative, the Saucony 500 Mile Challenge.com leverages a smartph

New Balance Introduces Authors Collection

New Balance is introducing a series of sneakers for their “Made in USA” collection that pays tribute to some of the greatest American novels ever written. Specific color combinations and choice materials will tell the story behind each shoe…