SGB Sports & Fitness

Adidas Group Names Chief Officers for Sales and Retail

Adidas Group has named two new chief officers for sales and retail, responsible for both adidas and Reebok. Michael Stanier joined the adidas Group as chief retail officer on May 15, and Roland Auschel will assume the role of chief sales officer on July

Outdoor Retailer Further Cuts Costs to Add Value

Like operators of many businesses these days, the organizers of the Outdoor Retailer trade show recognize that “flat is the new up.” That's why their “goal” for the upcoming Summer Market is to have at least the approximately 21,000 overall attendees

RECALL: Norco, Trek, Cannondale Bikes

Around 20,000 mountain bikes and bike frames are being recalled last week by three companies in cooperation with the U.S. Consumer Product Safety Commission. Both Trek and Cannondale are recalling bikes with faulty suspension forks manufactured by Taiwane

Survey: Business Getting Done at OR Trade Show

In its first comprehensive survey around the iconic outdoor industry trade show event since 2004, the organizers of Outdoor Retailer found – not so surprisingly – that new products and networking were the primary reasons retailers went to their trade show

Sports, Inc. Industry Grants Total $430,000

Since 1997, Sports, Inc. has invested $430,000 through its membership across the United States to fund sports related facilities and programs. The funding program, which is called the “Sporting Chance Award”, is given each year to two the Sports, Inc. me

Audobon Society Honors REI’s Sally Jewell

The National Audubon Society recently honored Sally Jewell, president and CEO of Recreational Equipment, Inc., at its sixth annual Women In Conservation Luncheon in the Plaza Hotel in New York City. In a statement, Audubon noted that REI is “dedicated to

Zumiez Q1 Comps Drops 15.3% with 2.4% Slide in Net Sales

Zumiez Inc. said total net sales for the first quarter ended May 2, 2009 decreased 2.4% to $76.8 million from $78.7 million reported in the first quarter ended May 3, 2008. The company posted a net loss for the quarter of $1.7 million or 6 cents per dilut

First-Quarter Profits at Target Decline 13%

Target Corp's first-quarter profit declined 12% to $522 million, or 69 cents a share, from $602 million, or 74 cents a share. But results were well ahead of Wall Street's consensus estimate of 60 cents due to limited markdowns and controlled ex

The Buckle’s Q1 Earnings Jump 44%

The Buckle's first-quarter profit rose 44% on a 25 percent jump in sales. Earnings reached $26.9 million, or 58 cents per share, in the quarter ended May 2, up from $18.7 million, or 40 cents per share, a year earlier. Revenue rose to $199.7 million

Cabela’s Store Opens in Billings

Cabela’s Incorporated reported that a crowd estimated at 3,500 was on hand for the ribbon-cutting and grand opening of the Cabela’s store in Billings on May 14. The ceremony kicked off 18 days of Grand Opening events at the new 80,000-square-foot supersto

Outdoor Retailer Plans Cost Savings for Upcoming Shows

The organizers of Outdoor Retailer sent out a letter addressing a number ways its reduce costs and improve the value of its trade show for both exhibitors and attendees. The letter also summarizes key results from a January 2009 survey of more than 1,500

Bike Industry Wins Two-Year Stay on Lead Law

The Consumer Product Safety Commission last week denied the bike industry’s petition to exclude children’s bikes from a strict new lead law but granted a two-year stay of enforcement, giving manufactures a bit of breathing room to figure out how to best c