SGB Sports & Fitness

Deuter and Ortovox Occupy New Colorado Digs

Deuter USA and Ortovox USA have relocated to a combined office and warehouse in Longmont, CO, that enables the sister brands to offer employees new amenities, increase shipments and better serve customers…

Oboz Footwear Appoints Marketing Manager

Oboz Footwear welcomes Kira Stoops to the team as its new marketing manager. Stoops is charged with oversight of all marketing functions, including a new ambassador program, developing promotional events with retailers…

REI’s Gross Margins Hold on Solid 2012 Sales Growth

REI (Recreational Equipment Inc.) reported sales reached $1.93 billion for the year ended Dec. 31, 2012, up 7.3 percent from 2011. The nation’s largest retail cooperative said it would return $104 million in pre-tax patronage dividends to its member

Lafuma Postpones Stock Sale in Wake of Earnings Warning

The Lafuma Group put plans to increase its existing shares by up to 50 percent on hold after announcing revenues contracted substantially in the second quarter of fiscal 2012/13 and will significantly affect its results and asset values for the period. Th

RECALL: 2,800 Magura Disc Brake Sets

Magura USA of Olney, IL is recalling about 2,800 bicycle hydraulic disc brakes because they can fail in low temperatures and pose a collision hazard. No incidents or injuries have been reported…

Pacific Sunwear Reports Q4 Loss

Pacific Sunwear of California, Inc. announced that net sales from continuing operations for the fourth quarter of fiscal 2012 ended Feb. 2, were $228.0 million versus net sales from continuing operations of $218.7 million a year ago. Comparable store sale

City Sports Announces Third Retail Location in NYC

City Sports announced that it will open its 22nd retail location in New York City's financial district this Tuesday, Mar. 26th. Coming on the heels of the successful re-location of their Chestnut Hill store in Boston, MA, the newest store will mark

U.S. Tourists Spent Less on Recreation in Fourth Quarter

Tourists spent less on recreation and entertainment in the United States in the fourth quarter and barely increased their spending on shopping even as their spending on lodging and restaurants surged, according to data released by the U.S. Department of C

Lululemon Lowers Guidance on Recall

Lululemon Athletica lowered its sales guidance for the first quarter after announcing a massive recall of a large portion of its yoga pants. The recall of the black yoga pants, which were unintentionally see-through, amounts to 17 percent of all women&#03

Zoot Sports Appoints VP and General Manager

Zoot Sports, the maker of performance apparel, wetzoots, footwear and accessories, named Erik Vervloet as its vice president and general manager. Vervloet, who has worked as vice president of sports marketing for K-Swiss and most recently as chief marketi