SGB Sports & Fitness

E-Commerce Sales Drop During Holiday Season

Online sales for the holiday period from Nov. 1 to Dec. 23 fell 3% versus the prior year, marking the first decline in online spending since comScore started tracking online sales in 2001. Online spending of $25.5 billion during the period were below comS

Deckers Sponsors Rincon Surf Classic

Deckers has signed on as title sponsor with Surf Happens for Santa Barbara County's oldest surfing competition, The Rincon Classic. This annual event will take place at Rincon Point on Saturday and Sunday January 17 & 18, 2009. The event, with over $

Foot Locker Inc. Faces Another Card Lawsuit

Foot Locker Inc. was hit by another lawsuit involving its gift cards. The complaint filed in the Superior Court of the State of California for the County of San Bernardino alleges that the retailer illegally sold pre-paid gift cards that are not redeemabl

Atlanta Falcons Close Fan Stores

The Falcons 365 stores, owned by The Atlanta Falcons, will close Dec. 31, according to the Atlanta Business Chronicle. The store at the Perimeter Mall opened in summer 2005 while the Lenox Square store opened in October 2005…

NexCen Brands Sells Bill Blass Licensing Business

NexCen Brands, Inc., the parent of The Athlete's Foot, completed the sale of its Bill Blass licensing business to Peacock International Holdings, LLC on Dec. 24, 2008 pursuant to an asset purchase agreement executed on the same day. Under the terms o

Vendors May Have Seen Last Gains for a While…

When reviewing vendor sales results from the third quarter the market looked like it still had a bit of life when the economic woes centered on higher fuel prices and the housing implosion had yet to reach Wall Street. This may be the best quarter the ma

STX Sues Reebok for Patent Infringement

STX L.L.C., the Baltimore-based lacrosse company, has filed a patent infringement lawsuit against Reebok International Ltd. According to the complaint filed in the U.S. District Court For The District Of Maryland, STX claims Reebok has infringed on one of

Sports Direct Posts H1 Profit Gain

Sports Direct International Plc, the largest sporting goods retailer in the U.K., posted a 7.4% increase in first half earnings and said it was on track to meet market expectations for the full-year. However the retailer cut its interim dividend payout b

Golf Companies Plan Staff Cuts

The golf market saw two companies plan staff cuts last week as industry giants Acushnet and TaylorMade-adidas Golf both reported intentions to lower headcounts…

FIFA Names Official Merchandiser for 2010 World Cup

Total Apparel Group, Inc. has been appointed by FIFA's Exclusive Worldwide Master Licensee, Global Brands Group (GBG), for a multi-year exclusive Distribution Rights agreement within the United States, Caribbean and U.S…