SGB Sports & Fitness

Sturm Ruger Posts Higher FY11 Profit

Sturm, Ruger & Company, Inc. reported revenues climbed 28.8 percent in 2011 to $328.8 million from $255.2 million in 2010. EPS reached $2.09 per share, compared with $1.46 per share in 2010. For the fourth quarter of 2011, sales jumped 45.4 percent to $93

Sigg Switzerland AG Appoints New CEO

The executive board of Sigg Switzerland AG has named Patric Zingg as the new CEO of Sigg Switzerland AG, which has manufactured beverage bottles for more than a century. Zingg joins the company from Rado watches, where he served as vice president for…

Puma to Investigate Shootings Outside Cambodia Factory

At least three striking garment workers were wounded by gunshots Monday while protesting outside their factory in southeastern Cambodia. The factory is Taiwanese-owned and makes footwear for the Puma brand, according to the Phnom Penh Post newspaper. Puma

Competitor Group Buys Second D.C. Marathon Event

Competitor Group, Inc. (CGI), a San Diego-based media and event promoter in the active lifestyle industry, acquired Nation’s Triathlon and disclosed a multi-year partnership with Washington Sports & Event Management, LLC (WSEM)…

Iconix Forms India Joint Venture

Iconix Brand Group, Inc. and Reliance Brands Limited, a part of the Reliance Industries Group, the largest private sector company in India, announced the formation of a joint venture company in India. The partnership marks the next step in a global expan

Sports Inc. Adds Five New Dealers

Coming off a record-setting 2011, the Sports, Inc. Athletics Division started 2012 on a positive note by adding five new dealers to the membership. T&T Sporting Goods (Columbia, SC), Cascade Athletic Supply (Medford, OR), and Matty’s Sports (Miami,

PPR Sport and Lifestyle Division Appoints COO

PPR appointed Todd Hymel, an M&A specialist, as chief operating officer of the PPR Sport & Lifestyle division. He will be based in Paris and will report directly to Jochen Zeitz, chief executive officer of PPR Sport & Lifestyle division. The division incl

Texas Retailer Launches Rack Specialty Store Concept

MSP Holdings, LLC, parent company of Austin Canoe and Kayak’s (ACK), has launched www.RackBoys.com in conjunction with the unveiling of the Rack Boys store-within-a-store concept in Austin, Houston and San Marcos, Texas. Rack Boys offers…

Triathlon America Offers Retailer Certifications

Triathlon America, an industry organization dedicated to promoting the sport and the business of triathlon, is offering a first-of-its-kind certification program for triathlon specialty retail stores. The Triathlon America Certified Retailer program is de

OIA VantagePoint: Slower January Ends Solid Fiscal 2012

Outdoor Industry Association® and The SportsOneSource Group released the January 2012 OIA VantagePoint™ Outdoor Industry Monthly Trend Report, which caps off the fiscal year with some complex results — mostly due to the unusually late and tame onset of wi