SGB Sports & Fitness

ATF: Cav Arms Corp. and Owner Plead Guilty

Cavalry Arms Corporation and its owner Shawn Michael Nealon, 38, of Mesa Arizona., pleaded guilty to the felony offense of Illegal Sale by a Federally Licensed Firearms Dealer to an Out-of-State Resident, in federal district court in Phoenix, according to

Nike Increases Sponsorship Deal for Soccer Star Ronaldo

Nike Inc. will pay Real Madrid star Cristiano Ronaldo €6 million ($8.1 mm) per year until 2014 million, under a new sponsorship deal, up from €4 million under its previous deal. Spanish newspaper Marca says Nike stepped up its bid for the Port

Three Aldila Directors Resign

Three directors of Aldila Inc. have resigned as part of the golf shaft maker's efforts to reduce expenses, according to a filing with the Securities & Exchange Commission. Andrew Leitch, Bryant Riley and Michael Sheldon resigned on February 23…

Iconix’s Q4 Bolstered by Wal-Mart Athletic Rollout

Iconix Brand Group. reported Q4 sales jumped 21% to $65.8 million, boosted by the rollout of its sports brands in licensing deals to Wal-Mart and its acquisition of Mark Ecko Enterprises, which includes Zoo York. Earnings rose 28.8% to $19.7 million, or 2

New Balance Details Plans for HQ Expansion

New Balance unveiled its plan for a $250 million mixed-use development alongside its headquarters in Brighton, MA, that would feature a sports complex, hotel, park, movie theater, office buildings, and community space, along with a commuter rail station a

Hincapie Sportswear Names Rep for Southwestern States

Hincapie Sportswear has hired Chris Gould as retail sales representatives for the brand in Las Vegas, NV; Arizona; New Mexico and El Paso, TX. Effective immediately, Gould will represent Hincapie for retail cycling apparel and accessory sales to independ

2010 Winter Trails Attracts 10,700 Participants

Winter Trails, held on January 9, 2010, attracted approximately 10,700 participants, according to program organizers. Some of the largest events took place at the Weston Ski Track near Boston, Ft. Snelling in Minneapolis and Estes Park, CO…

Puma AG Doubles Q4 Profits on Fewer Close-Outs

Puma AG saw its top-line results continue on a negative trend in the fourth quarter, but an improvement in gross margins and a reduction in one-time charges helped double earnings for the period. Still, the fourth quarter turnaround in bottom-line result

Cabela’s Sees Q4 Profits Plunge on Charges

Cabela’s Inc. reported consolidated revenues grew 4.5% for the fourth quarter of fiscal 2009 — slightly better than analysts had forecast — but charges and liquidation costs pushed profits down more than 66% from the prior-year period…

Perry Ellis Reports Earnings Above Expectations

Perry Ellis International, Inc., which makes swimwear and golf apparel under the Jantzen, Nike, Jag, Callaway and PGA Tour labels, expects to deliver results at or in the top end of its previously announced guidance range of between 80 cents and 95 cents