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League of American Bicyclists Names Best Bike Shops

April 6, 2009 SGB Update

The League of American Bicyclists announced the 2008 Shops of the Year, as determined by its members. The League's Shops of the Year award recognizes outstanding shops for their commitment to customer service and dedication to encouraging cycling. Wi

ECCO Sales Up Despite Tough Americas Business

March 30, 2009 SGB Update

ECCO posted another year of sales growth, though the recession had an obvious affect, slowing the mid-teens growth reported last year to mid-single-digit gains this year. Sales grew for the brown shoe, golf and performance businesses, but the company saw

Skechers Expands South American Operations

March 26, 2009 SGB Update

Skechers USA, Inc. has expanded its operations in South America by assuming the distribution of its brand in Chile through a newly established subsidiary, Skechers Chile Ltda…

Riddell Sponsors American Youth Football

March 18, 2009 SGB Executive

Riddell has signed on as the Official Hardgoods Supplier of American Youth Football (AYF), the largest youth football organization in the U.S. Under the agreement, Riddell helmets and shoulder pads will be available to some 500,000 youth members of the or

Quiksilver Inc. Sees Losses Widen in Q1 on Weakness in Americas Region

March 16, 2009 SGB Update

With the Rossignol debacle all but forgotten and an impressive fiscal 2008 fading quickly in the rearview mirror, Quiksilver, Inc. has turned its effort to improving liquidity and improving capital structure in what has been a tumultuous market environmen

McGuane Named President of Cannondale North America

March 4, 2009 SGB Update

Jeff McGuane has been appointed president of CSG (Cannondale Sports Group) North America. Formerly president of CSG International, McGuane is now charged with driving the CSG business in North America from its Bethel, CT office. The company also announced

Ortholite Sponsors Road Runners Club of America

March 1, 2009 SGB Executive SGB Update

OrthoLite has signed a sponsorship agreement to become the preferred insole partner of the Road Runners Club of America (RRCA) and the American Hiking Society (AHS)…

Amer Sees Novator Up Stake to 20.1%

February 20, 2009 SGB Update

Amer Sports Corporation reported that Novator Finland Oy has converted all of its NASDAQ OMX forward contracts into direct holdings in shares of Amer Sports Corporation representing 20.11% of the shares and voting rights…

American Recreation Products Names Jim Baumann as CEO

February 16, 2009 SGB Update

American Recreation Products has named Jim Baumann as its new President and CEO. Baumann’s appointment completes an extensive executive search process conducted by Sports Group International…

Amer Q4 Profit Hurt by Steep Declines in Americas

February 9, 2009 SGB Update

Double-digit declines in the Americas region caused Amer Sports' Q4 sales to dip slightly to €495.3 million ($653.2 mm) versus €497.1 million ($720.0 mm) in the year-ago period. Currency fluctuations added 3% to the sales figures for the priod. Und

Timberland Fourth Quarter Revenues Fall on Softness in North America

February 9, 2009 SGB Update

The Timberland Co. again reported disappointing revenues for its fourth quarter, concluding the year in “a very challenging retail environment reflecting a downturn in consumer spending and global economic uncertainty.” Still, despite this uncertainty, th

Amer Sports Q4 Sales Slip on Weak Fitness Result

February 5, 2009 SGB Update

Amer Sports reported fourth quarter sales were down slightly $495.3 million ($653.2 mm) versus $497.1 million ($720.0 mm) a year ago. In local currencies, net sales decreased 3%. Earnings before interest and taxes (EBIT) before non-recurring charges were