SGB Outdoor

Consumer Confidence Plunges in December

The Conference Board said its consumer-confidence index declined in December, as a sub-gauge on expectations plunged to 66.5 — the lowest reading since November 2011 — from 80.9 a month earlier. Blamed were uncertainties over the fiscal cliff…

Prince Global Sports Names Latin America Manager

Prince Global Sports, which owns the Prince, Ektelon and Viking brands, has hired Miguel Rosa as business development manager for the Prince brand in Latin America. Rosa, a native of Brazil, spent the last seven years at IMG Bollettieri Tennis Academy in

East Coast Port Contract Talks Resume as Deadline Nears

The International Longshoremen's Association and the U.S. Maritime Alliance will go back to the negotiation table to avert a longshoreman's strike that would close 15 ports from Massachusetts to Texas. If no agreement is reached, 4,500 workers

Online Retail Visits Surge on Christmas Day

Online traffic to the top 500 retail sites monitored by Experian Marketing Services increased 27 percent on Christmas Day 2012 compared to 2011. Online traffic was up 10 percent for the seven preceding weeks compared with a year earlier…

PCC 2013 Host Communities Announced

USA Pro Cycling Challenge organizers announced the 2013 stage-race host cities over the holiday weekend, going back to its Front Range and Central Rockies roots.

SpendingPulse: U.S. Holiday Sales Much Weaker Than Forecast

MasterCard Advisors SpendingPulse estimated sales in the two months before Christmas increased just 0.7 percent compared with last year, according to wire reports. The report, which covers total U.S. sales at stores and online via all payment forms, sent

L.L. Bean Board Approves $1.5 Million in Community Grants

The L.L.Bean board of directors approved the 2012 Charitable Giving Program of $1.5 Million in Community Grants. The gifts ranging from $500 to $25,000 will be dispersed to over 200 non-profit organizations before the end of L.L.Bean's fiscal year in

GoPro Lands $200 MM Investment from Foxconn

GoPro announced that Hon Hai Precision Industry Co., Ltd, the world's largest electronics manufacturing company also known as Foxconn, has acquired an 8.88 percent full-diluted stake in GoPro for $200 million, valuing the company at $2.25 billion…