SGB Sports & Fitness

Hedge Fund Loses Bid for Forzani Board Seats

Shareholders of Forzani Group Ltd. rebuffed the attempts of a dissident investor to get two directors elected to its board of directors. U.S. hedge fund Crescendo Partners, which controls about 5% of Forzani's shares, had pushed for the election of B

Iconix Closes Common Stock Offering

Iconix Brand Group, Inc. announced the closing of the public offering of 11.5 million shares of its common stock at a price to the public of $15.00 per share, of which 800,000 shares were sold by certain selling stockholders named in the prospectus…

Dorel Hires Human Resources Officer, Recreational/Leisure

Dorel, the owner of Cannondale, Schwinn, GT, Mongoose and SUGOI, hired Lila Campbell as its new chief human resources officer – global for the Recreational/Leisure Segment. Most recently, she served as the group executive director of human resources for C

Forzani to Test GNC In-Store Shops

The Forzani Group Ltd. and General Nutrition Centres Co. announced a partnership that will put GNC performance nutrition boutiques within FGL stores. The first pilot market will be in Calgary, Alberta this fall…

Nike Names New U.K. Marketing Director

Nike named Gino Fisanotti as its new marketing director for the U.K. and Ireland. Fisanotti, currently EMEA brand director, replaces Simon Pestridge, who in early June was promoted to the role of global brand director, based in the U.S…

Report: Eddie Bauer Probing Bankruptcy Filing

Eddie Bauer Holdings may seek bankruptcy protection as soon as this week, people knowledgeable with the situation told Bloomberg News. According to the report, Hilco Consumer Capital has expressed interest in acquiring the outdoor retailer. CCMP Capital A

Recall: REI Bicycles

Recreational Equipment Inc., in cooperation with the U.S. Consumer Product Safety Commission, has announced a recall of 2005 Novara Trionfo Bicycles. The fork can separate from the steerer tube which can cause the rider to lose control, posing a fall haz

Tactical Holdings Acquires Massif Mountain Gear

Tactical Holdings and its equity partner, Golden Gate Capital, late last week completed an investment in Massif Mountain Gear Company. Massif manufactures and sells flame resistant performance technical apparel in the United States. Its primary customers

Cabela’s Renews Credit Card Facility

Cabela’s Inc. announced that Wachovia Bank, National Association has renewed its $225.0 million commitment under an outstanding series of variable funding notes issued by Cabela's Credit Card Master Note Trust. The commitment is for one year…

Men’s Wearhouse Bids $67M for Filene’s Basement

Filene's Basement announced that an affiliate of Men's Wearhouse emerged as the winning bidder in a nine-hour bankruptcy auction for assets of the off-price chain that was held in Manhattan on Friday. Other bidders included Syms and New York re

The Buckle’s May Comps Jump 13.4%

The Buckle, Inc. reported that comparable store net sales for the four-week period ended May 30, 2009 increased 13.4%. Net sales climbed 19.2% to $60.6 million from $50.8 million for the prior year four-week fiscal month…

Stage Stores Reports May Comps Slide 7.2%

Stage Stores, Inc. total sales for the four week May period ended May 30, 2009 decreased 4.7% to $116.8 million from $122.6 million in the prior year four week May period ended May 31, 2008. Comparable store sales decreased 7.2% this year versus an increa