SGB Sports & Fitness

Winter Footwear Slowly Gaining Speed

Now that the winter months are upon us, runners face dropping temperatures, harsh winds and slushy running conditions. Yet, for the dedicated runner, these conditions will not hinder the daily jog…

Canadian Co-op Buying Sportsman’s Warehouse

Alberta, Canada-based UFA Co-operative Limited is poised to acquire a majority interest in Utah-based Sportsman’s Warehouse, increasing the co-operative’s annual revenue by $800 million. UFA has already made a significant cash injection into the US retai

Intrawest Names New President/CEO

Intrawest appointed Frank DeBerry to the position of President and COO at Mountain Creek in New Jersey. In this role, DeBerry will be responsible for all aspects of Mountain Creek's resort operations and he…

Skins Partners with Henrich

Skins Inc. has entered into a new development and manufacturing partnership with Henrich e Cia Ltda in Brazil. Henrich currently manufactures international brands such as Carrano, Max & Co., Clarks, Naturalizer, Good Guy Girl, Top Shop, Buffalo, Unisa, AR

adidas Signs 11-Year Deal with IAAF

adidas and the International Association of Athletics Federations have entered an 11-year partnership agreement granting adidas the world-wide sponsorship rights for all IAAF World Athletic Series events from 2009 until 2019. The partnership incorporates

CPSC: New Phthalates Limits Aren’t Retroactive

The Consumer Product Safety Commission (CPSC) has ruled that an impending ban on certain products containing phthalates will only affect those made after Feb. 10, 2009. The industry feared the Consumer Product Safety Improvement Act passed this fall wou

PVH to Expand Timberland Apparel Doors in 2009

Philips-Van Heusen will continue to invest in its Timberland apparel business next year even as it halts expansion of its mall-based Calvin Klein stores to cut capital spending. The company affirmed its commitment to the Timberland brand even as it lower

Nike Increases Quarterly Dividend by 9%

Nike's board of directors has declared a regular quarterly cash dividend of 25 cents per share on the company’s outstanding Class A and Class B common Stock. On an annual basis, this is an indicated rate of $1.00. The 25 cents per share quarterly div

Holiday Gift Card Sales Expected to Decline

Shoppers’ price-conscious mentality is taking a toll on the season’s most-requested present: gift cards. The National Retail Federation's sixth annual Gift Card Survey found that gift card sales will fall nearly 6% this holiday season to $24.9 billio

Hibbett Raise Earnings Outlook on 8.1% Sales Increase

Hibbett Sports Inc. raised its earnings outlook for the fiscal year ended Jan. 31, 2009 saying its IT investments were helping it better manage inventory and boost comp store sales despite economic headwinds. The company said net sales rose 8.1% on a 0.4%

Foot Locker Reports Q3 Sales Slip 3.5%, Cuts FY EPS Outlook

Foot Locker, Inc. reported net income of $24 million, or 16 cents per share, for the third quarter ended Nov. 1, 2008, compared with net loss of $33 million, or 22 cents per share, last year. But the retailer lowered its guidance for fiscal 2008 below ana

TSL Snowshoes Adds to Sales Team

TSL Snowshoes, manufacturer and distributor of domestically produced snowshoes, has added the Shaw & Heald Sales group to their national sales rep team. The group headed up by Andy Shaw and Scott Heald will be responsible for the New England Territory…