SGB Sports & Fitness

Report: Sports Direct Leads Bidders for JJB Sports

Sports Direct is believed to be close to arranging to buy the most profitable stores from JJB under a controversial “pre-pack” administration, according to reports in the U.K. press. JJB Sports put itself up for sale at the end of last month as it sits on

Strong BTS Sales Boost Retail CFO’s Expectations

Following a better-than-expected back-to-school season, retail CFOs expect a 4.5 percent increase in total 2012 sales, according to a new survey from BDO USA, LLP. While 57 percent of surveyed executives expect to see stagnant economic conditions continu

The North Face Accepting Explore Fund Grant Applications

The North Face has begun accepting applications for the second cycle of the 2012 Explore Fund grant-giving program, which will provide $140,000 in micro-grants of up to $2,500 to support non-profit organizations that are connecting youth to the outdoors..

Cornell U. Cuts Adidas Ties Over Labor Issues

Cornell became the first university to sever its licensing contract with Adidas over recent allegations of labor abuses. Last Thursday, President David Skorton sent a letter to Adidas Team, Inc., stating that due to the company’s refusal to give sev

Shoe Carnival Lauds Partnership with Nike

Speaking last week at the Invent Indiant Equity Conference in Indianapolis, Mark Lemond, Shoe Carnival’s CEO, said Nike has become the family shoe chain’s “largest and fastest growing vendor.”…

SGMA Launches New Strategic Plan and Rebranding

The Sporting Goods Manufacturers Association (SGMA) announced a rebranding effort that will change its name to the Sports & Fitness Industry Association (SFIA). The move also includes a new website, national advocacy campaign, research initiative, supplie

R.G. Barry Swings to Profit in Q4

R.G. Barry Corp, the parent of the Dearfoams slippers brand, earned $474,000, or 4 cents per diluted share, in the fourth quarter ended June 30, rebounding from a loss of $863,000, or 8 cents, a year ago. Revenues improved 6.2 percent to $25.0 million…

McDavid Hosts Basketball Tournament

McDavid, Inc. will host and sponsor the inaugural “First On, Last Off” Basketball Tournament Sept. 22-23. The tournament will take place at Collins Academy High School in Chicago, IL and coincides with the launch of the company’s new branding…