SGB Sports & Fitness

Women’s Coalition Launches Networking Site

The Outdoor Industries Women’s Coalition (OIWC) has launched their Online Membership Community at www.oiwc.org. The site is designed to provide OIWC members with enhanced networking opportunities with the group's 1,100 members, who work in the outdoo

Under Armour Title Sponsors HS Baseball Classic

Under Armour agreed to title sponsor the 2008 Under Armour All-America Baseball game, formerly called the Cape Cod High School Baseball Classic presented by Under Armour. The game will be played at Wrigley Field on Sunday, August 17…

Foot Locker Amends Credit Line

Foot Locker, Inc. entered into an amended credit agreement with its banks, providing for a $175 million revolving credit facility and extending the maturity date to May 16, 2011, according to a filing with the SEC. The credit agreement also provides for a

Wellman Raises Fortel Polyester Prices

Wellman, Inc. said rising oil prices were forcing it to raise the price of its Fortrel polyseter staple fiber by 4 cents per pound effective with June 2, 2008 shipments. The price increase marks the seventh since April 2007. Wellman has raised Fortrel pri

Sierra Designs, Ultimate Direction Name New Sales Director

Sierra Designs and Ultimate Direction hired Jason McGibbon as the companies’ new director of sales. McGibbon comes to Sierra Designs and Ultimate Direction from Mission Playground, where he was working as a consultant and acting vice president of sales. P

Famous Footwear Workforce Largely Stays Behind…

About 60 of Famous Footwear's 270 employees in Madison, WI, have committed to relocating to St. Louis or otherwise taking jobs with the company, a Brown Shoe Co. spokeswomen told Sports Executive Weekly. For example, some have agreed to take jobs in

Forefront Q1 Loss Widens…

Forefront Holdings saw net sales decline 20.6% to $8.1 million from $10.1 million for the year-ago first quarter. Sales decreased in all product segments except for OEM/Internet and NFL…

Report: Nike to Replace Adidas as Yankees Sponsor

According to the Sports Business Journal, Nike and the New York Yankees have agreed in principle to a five-year sponsorship agreement to begin in 2009, the team’s first in the new Yankee Stadium. Adidas has been sponsoring the Yankees for the last 11 year

Sport-Haley Suffers 10% Q3 Sales Decline

Sport-Haley, Inc. said net sales for the three months ended March 31, 2008, were $4.74 million, a decrease of 10%, from $5.3 million for the comparable three-month period in the prior fiscal year.

TYR Sues Speedo Over LZR Racer Suit

TYR Sport has filed a federal lawsuit alleging that Speedo, manufacturer of the record-breaking “LZR Racer,” has conspired with USA Swimming to stifle competition and lure top athletes away from other companies. TYR claims Warnaco Swimwear, the parent com

Adams Golf Sees 1% Q1 Sales Gain

Adams Golf reported sales inched up 1% to $28 million for the first quarter ended March 31, compared to $27.8 million a year ago. The company reported net income of $0.8 million, or 11 cents a share, for the first quarter compared to net income of $3.8 mi

Oboz Moves to Bozeman

Oboz has relocated to a new headquarters in Bozeman, Montana. The larger offices are located in downtown Bozeman, one block off the town’s historic Main Street. Oboz is now in a building that dates from 1909, and which was once used by Schnee’s as a cobb

Nau’s Legacy Cloaked in Irony…

The irony is unmistakable. In the end, the company that promised to break new ground in establishing a sustainable business model could not sustain itself. Nau Inc., launched in 2005 as Under the Wire, promised to make lasting change in how companies desi