SGB Sports & Fitness

U.S. Bicycle Route System Gains Grants

Adventure Cycling Association announced three new grants in support of the organization's work to establish an official United States Bicycle Route System (USBRS). The grants will enable Adventure Cycling to continue its organizing and cartographic w

RECALL: Felt Cyclocross Bikes

The U.S. Consumer Product Safety Commission, in cooperation with Felt Bicycles, has issued a voluntary recall of about 1,500 Felt F1X cyclocross bicycles from 2007/2008…

RECALL: Nirve Sports Bikes

Nirve Sports Ltd. is voluntarily recalling 120 Cannibal Bicycles due to problems with the bicycle's stems. Nirve has received reports of cracked stems…

TJX Reports Q2 Comps Up 4%; EPS up 27%

The TJX Companies, Inc. announced net sales for the second quarter ended August 1 increased 4.0% to $4.7 billion and consolidated comparable store sales increased 4.0% over last year’s strong gains…

Saks’ Loss Widens in Q2; Maintains Sales Guidance

Saks Incorporated posted a net loss of $54.5 million, or 39 cents per share for the second quarter ended August 1, 2009, compared to a net loss of $32.7 million, or 24 cents per share, for the prior year second quarter ended August 2, 2008…

Urban Outfitters Beat Q2 Profit Estimates; Comps Slide 3%

Urban Outfitters, Inc., which operates under the Anthropologie, Free People, Terrain and Urban Outfitters brands, announced earnings of $49 million and $80 million for the three and six months ended July 31, 2009, respectively. Earnings per diluted share

The Paddlesports Trade Show Debate Updated

Some of the biggest buzz at the Outdoor Retailer Summer Market event had nothing to do with new product introductions. Early in the show, Jim Marsh, publisher of Canoe & Kayak magazine, announced his intent to launch a new paddling trade show (see BOSS_09

Mountain Hardwear Opens Store in Tokyo

Mountain Hardwear Inc. will open a store in the exclusive Harajuku neighborhood in Tokyo, Japan, showcasing Mountain Hard Wear apparel and equipment and Montrail footwear. The new store is Mountain Hardwear’s third company-owned branded store worldwide…

New Era Cap Acquires 5th and Ocean

New Era Cap Co., Inc. has acquired 5th & Ocean, the privately held licensed sports apparel manufacturer in Miami best known for its women's styles. The acquisition is expected to help New Era further expand into sports and fashion apparel. Terms were