SGB Outdoor

Nike Announces Deal with IOC

Nike will become the official supplier of uniforms and product to International Olympic Committee members and staff from January 2013…

Sporting and Leisure Stores Outperform in September

Sporting goods, hobby, book and music stores’ sales increased 0.8 percent seasonally-adjusted month-to-month in September and 3.9 percent unadjusted year-over-year, according to estimates released Monday by the U.S. Department of Commerce. That comp

Hibbett Sports to Remain in Birmingham

Hibbett Sports Inc. has acquired a new site for its headquarters that will keep the retailer based in Birmingham, according to al.com. The move, expected to happen in April, will triple its office space from about 38,000 square feet now to 115,000 at the

ACK to Open Fourth Store North of Houston

Austin Canoe and Kayak (ACK) plans to open a fourth location in Spring, TX just north of Houston and south of the bustling communities of The Woodlands and Conroe. This new store is in addition to the current Austin, San Marcos and Houston locations…

Shimano Expands Ladson, SC Distribution Center

Shimano American Corporation has broken ground on an expansion at its Ladson, SC, distribution center. The new construction adds nearly 99,000-square-feet to the current 102,000-square-foot facility, built by Shimano in 2006. The addition is scheduled to

TPG Withdraws Billabong Takeover Bid

TPG Capital on Friday walked away from its Australian 695 million dollar ($714 million) takeover offer for Billabong International. Billabong did not explain why TPG dropped the offer, but had said in a stock exchange announcement last week that: ‘&

Li-Ning’s CFO Resigns

Li Ning announced that its CFO Nicholas Chong had resigned to pursue other business opportunities, but will remain an adviser to the company. The company said it is lining up potential candidates as a replacement…