SGB Sportsmans

Steve Madden Q1 Profit Up 22.5 Percent

Steve Madden reported first quarter net sales increased 60.5 percent to $266.0 million. First quarter net income increased 22.5 percent to $21.9 million, or 50 cents per diluted share, compared to $17.9 million, or 42 cents, in the prior year's first

Winmark Corporation Appoints New Director

Winmark Corporation has named Lawrence A. Barbetta to its board of directors. Barbetta is the chief executive officer of eLAB Analytics, a provider of cloud computing based industry-specific business intelligence applications…

Candian Tire Charity Launches $2M Fundraiser

Canadian Tire’s Jumpstart announced its One Million Red Balls campaign, which begins May 4 and culminates with the charity's fourth annual Jumpstart Day on May 26. The campaign aims to raise $2 million to help 20,000 children from low-income fa

Action Sports/Apparel Lawyer Joins SDSI Advisory Board

Bill Walton, Executive Chairman of SD Sport Innovators (SDSI), announced Jason Femrite to the SDSI Advisory Board. Jason is a partner in the Action Sports and Apparel Group of the San Diego-based law firm Procopio, Cory, Hargreaves & Savitch LLP…

Sears’s Q1 Comps Decline 1.3 Percent

In advance of its annual meeting of shareholders to be held on May 2, 2012, Sears Holdings Corporation announced its expected first quarter ended April 28. Sears' Domestic operates experienced an 1 percent comparable-store decline. Sears Domestic ach

Taurus Aquires Heritage Manufacturing

Taurus, the manufacturer of firearms, has acquired Heritage Manufacturing, Inc. of Opa Locka, FL, which produces the Western Single Action Revolver. Terms of the transaction are undisclosed…

Adidas Marketing Exec Sent to Prison in Fraud Scheme

Britney Obstar, a former marketing manager at Adidas, was sentenced today by United States District Judge Garr M King to serve one year and one day in prison for orchestrating a fraud scheme that resulted in a $336,000 loss to Adidas. Judge King also orde

Shimano’s Revenues and Profits Surge on Warm Q1 Weather

Shimano Inc. reported sales rose 22.7 percent in its first quarter ended March 31, to ¥62.5 billion ($756.3 mm) while net income vaulted 217.2 percent to ¥7.0 billion ($84.7 mm). Benefiting from a mild winter in the U.S. and Europe, both its cycling and f

Leonard Armato Steps Down at Skechers

Leonard Armato is exiting from his role as president of Skechers Fitness Group. Michael Greenberg, president, Skechers USA Inc., told SportsOneSource that Amarto, who joined Skechers in 2010, will become chairman of Leverage Agency, a sports-marketing fi