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adidas Expands Q2 Margins to Post 27% Net Income Gain

August 8, 2007 SGB Update

During the second quarter of 2007, adidas Group revenues grew 3% on a currency-neutral basis. In euro terms, Group sales decreased by 1.6% to € 2.40 billion ($3.2 bn) in the second quarter of 2007 from € 2.43 billion ($3.06 bn) in 2006. Second quarter gro

Everlast Revs Jump 24%

August 8, 2007 SGB Executive SGB Update

Everlast Worldwide Inc. reported revenues for the second quarter increased 24% to $12.2 million, compared to $9.8 million in the same period in 2006. Growth in net revenue resulted from a 28% increase in sporting goods sales to a record $8.7 million. The

Black Diamond Hires Crouse and Thesenga

August 6, 2007 SGB Update

Black Diamond Equipment Ltd. announced several key personnel changes to strengthen their team and meet continued strategic growth objectives. In the past two years, Black Diamond has made major investments in its infrastructure, opened BD Asia in Zhuhai

prAna Acquires Scapegoat Outerwear

August 6, 2007 SGB Update

prAna has acquired Sacapegoat for an undisclosed sum. The deal is intended to expand its product offering to include a premium line of technical outerwear marketed as “Scapegoat by prAna.” This acquisition also marks a strategic partnership between Scape

ADA Finds Success With First Member-Owned Show…

August 6, 2007 SGB Update

After becoming fully member-owned in January, the next task for the Athletic Dealers of America buying group was preparing for the Spring Session, held July 19 through 22 in Louisville, KY. Pete Snyder, president of the ADA, talked with Sports Executive W

ITC Report Gives OIA and SIA Tools in Trade Negotiations

August 6, 2007 SGB Update

The U.S. International Trade Commission released a report that supports Outdoor Industry Association’s and SnowSports Industries America’s assertion that no commercially viable production of performance outerwear pants and jackets is available in the Unit

Gildan Q3 Earnings Climb on 24.7% Sales Gain…

August 6, 2007 SGB Update

Gildan Activewear reported Q3 sales jumped 24.7% to $291.6 million from $233.9 million a year ago. The increase was due to $30.5 million of sock sales pursuant to the acquisition of Kentucky Derby Hosiery and an 11.6% increase in unit sales volumes for ac

RECALL: Raleigh Bicycles

August 3, 2007 SGB Update

Raleigh America, Inc. and the CPSC are recalling approximately 1.200 2007 Raleigh Cadent Bicycles with Carbonage Carbon Forks, because the forks can break causing the rider to lose control, fall and suffer serious injuries. Raleigh America has received th

RECALL: Raleigh Bicycles

August 3, 2007 SGB Update

Raleigh America, Inc. and the CPSC are recalling approximately 1.200 2007 Raleigh Cadent Bicycles with Carbonage Carbon Forks, because the forks can break causing the rider to lose control, fall and suffer serious injuries. Raleigh America has received th

Warschawski Inks PR Deal with W.L. Gore

August 2, 2007 SGB Executive

Warschawski has been retained by W.L. Gore & Associates as its national public relations agency of record. Terms of the agreement were not disclosed. Warschawski is responsible for handling marketing and public relations activities for the GORE-TEX and

New Sierra Club Report Reinforces OIA Economic Findings

August 1, 2007 SGB Executive

A new report released by the Sierra Club shows that the economics of the West have shifted dramatically over the past few decades. Mining, timber, and oil–the industries that shaped the old West–no longer drive the region’s economy. Today, the report fi

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