SGB Sports & Fitness

Sports Direct’s Revenues Jump in First Half

Sports Direct, the U.K. sporting goods chain reported underlying profit before tax increased 26.4 percent in the half ended Oct. 28, to £125.1 million ($203 million). Group revenue jumped 22.5 percent to £1.09 billion ($1.76 billion) with significant grow

Puma’s CEO to Step Down

The Administrative Board of Puma SE announced that, by mutual agreement, Franz Koch will step down from his position as CEO of Puma at the end of March 2013. Along with the resignation as chairman in early December of former long-time CEO Jochen Zeitz, Pu

Phil Knight Donates $1125MM to Cardiovascular Health

The Oregon Health Sciences University (OHSU) Cancer Institute said it received a $125 million gift from Nike co-founder and chairman Phil Knight and his wife, Penney. The gift is believed to be largest philanthropic investment to advance cardiovascular me

Delta Galil Acquires LittleMissMatched

Delta Galil, the manufacturer of branded and private label apparel products, has agreed to acquire the trademarks of LittleMissMatched, best known for its sock line for girls…

Vans Appoints VP of Apparel

Vans appointed Vicki Redding as VP, apparel. Most recently, Redding was SVP, merchandise and design for La Jolla Group, directing the apparel, accessories and footwear business for five different brands including O’Neill, Metal Mulisha, The Berrics,

New Balance to Enter Skate Market

New Balance announced it will enter the skate footwear market through a licensing agreement with Black Box Distribution of Carlsbad, CA. Black Box will produce the new line of performance footwear and apparel under the New Balance Numeric, or NB#, brand..

Nike Seeks Tax Guarantees as Part of Oregon Expansion

Nike Inc. has told Oregon lawmakers it is willing to invest billions of dollars to create hundreds of jobs in the state if they can guarantee they wont change the state tax code. The request prompted Oregon Gov. John Kitzhaber to call a special session De

Warming Winters Cost Tourism Industry $1 Billion in 2000s

The $12.2 tourism industry that caters to skiers, snowboarders and snowmobilers has lost $1 billion in revenues and up to 27,000 jobs over the last decade due to diminished snow fall patterns and the resulting changes in the outdoor habits of Americans, a