SGB Sportsmans

First Quarter Results Mostly Weak for Vendors

Industry vendors last year at this time were still feeling pretty good after posting fairly solid results for the first quarter, but many were already starting to ponder the effects of increased costs out of Asia cutting into margins in the back half of t

Pacific Cycle Increases Bid to Acquire Iron Horse Bicycle

Pacific Cycle increased its bid to buy Iron Horse Bicycle Co. — which is reorganizing in bankruptcy proceedings — to $2.7 million. With another bid already in from Outdoor Cycle Group, an auction to entertain all bids for the bicycle manufacturer is now

Amer Sports 2009 Outlook Clouded

Amer Sports stated that their full-year outlook is “clouded by the uncertainty in consumer demand in general.” The company said that pre-season orders in winter sports equipment for fall/winter are roughly flat to last year's level, a result that re

Unemployment Numbers Decline

The total number of people receiving unemployment insurance dropped for the first time since early January, according to a report released by the U.S. Labor Department on Thursday. The Labor Department said that it saw the largest drop in unemployment ins

Jay Berlin Becomes CEO of The Sportsman’s Guide

Redcats USA appointed Jay Berlin as CEO of The Sportsman's Guide. He replaces Greg Binkley, who recently retired. Berlin's 25-year career encompasses several key positions, including: marketing management roles with Fingerhut and C.O.M.B. Corpor

Ripken Baseball and Rawlings Partner on Training Products

Rawlings has partnered with Ripken Baseball to create a new line of training products for youth baseball players. Rawlings’ new “Five Tool” training products will include hurdles, pop-up nets and tees to be used for baseball tournaments and camps at the R

KARHU Partners with University of Jyväskylä on Research

KARHU has formed a new partnership with University of Jyvaskyla (UoJ), Finland’s leading sports and fitness research institute, to further study the biomechanics and physiology of runners. The two have worked together for more than two decades. One result

The Finish Line Exits Man Alive; Posts Q1 Comp Decline

The Finish Line, Inc. will exit its unprofitable Man Alive business and has entered into a definitive agreement with Man Alive Acquisition, LLC (“MA”) an entity controlled by Jimmy Khezrie, the owner and operator of Jimmy Jazz stores. In other news, The

Active Ride Shop Sold to Florida Investment Group

Active Ride Shop, which is reorganizing in Chapter 11 proceedings, is being acquired by a group of Florida-based investors for $5.2 million. A limited liability company called Active Sports Lifestyles USA, run by real estate and hotel developer Issa Ladha

Skier Visits to Utah Down 6.5% This Year

The Utah ski and snowboard industry closed the 2008-09 winter season with a total of 3.97 million skier days, down 6.5% from last year’s fifth consecutive record breaking year at 4.2 million. The Utah region’s decline was attributed to a strong and early