SGB Sports & Fitness

Pelé Launches New Apparel Venture

Pelé, the Brazlian soccer legend, has launched his own cleat and apparel-manufacturing venture—Pelé Sports AG—with a group of German investors, according to the Wall Street Journal…

Supreme Court Refuses to Hear Case Against Gun Maker

The U.S. Supreme Court on Monday handed Beretta U.S.A. and the firearms industry another victory by rejecting the Brady Center's appeal of Adames v. Beretta U.S.A. Corporation challenging the constitutionality of the Protection of Lawful Commerce in

Nautilus Sells Portion of Commercial Assets

Nautilus, Inc. has entered into definitive agreements for the sale of certain assets of its commercial business to Fit Dragon International Ltd. for $12.3 million. The company had previously announced its intention to divest itself of its commercial busin

JoesSports.com Finds Investor

UFA Co-operative Ltd., the Canadian firm that acquired 15 Sportsman's Warehouse stores last year, bought the domain names for JoesSports.com and GIJoes.com in bankruptcy court two months ago and has quietly been operating the joessports.com e-commerc

Lorpen Expands US Sales Force by 35%

Lorpen, known for its performance socks for outdoor and wintersport enthusiasts, announced it has greatly expanded its U.S. sales force to keep up with the company’s solid growth in 2009…

Buckman’s Ski and Snowboard Shops Go Green

Buckman’s Ski and Snowboard Shops announced the construction of a 620 kilowatt solar energy system at their corporate headquarters in Pottstown, PA. Made up of nearly 3,000 roof-mounted solar panels, this system will convert sunlight into electricit

Hanesbrands Refinances; Reaffirms 2010 Guidance

Hanesbrands Inc. reaffirmed its 2010 outlook for approximately $200 million in additional sales from net shelf-space gains and said it completed a growth-focused debt refinancing that enables the company to simultaneously reduce leverage and consider acqu