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Major Expansion of Las Vegas Ski and Snowboard Resort Approved

July 19, 2011 SGB Update

Powdr Corp.'s master plan for the Lass Vegas Ski & Snowboard Resort just an hour outside Las Vegas have been approved by the U.S. Forest Service. Those plans, which will take place over the next 10 to 12 years, including adding 50 trails and 10 lifts

Boa Technology Expands Team, Promotes Personnel

July 19, 2011 SGB Update

Boa Technology announced 16 personnel changes across all its departments, including both new hires, promotions and lateral reassignments…

Steelers’ Mendenhall Sues Champion Over Tweet Dispute

July 19, 2011 SGB Update

Pittsburgh Steelers running back Rashard Mendenhall is suing the parent company of Champion for breach of contract for the brand's decision to drop his endorsement deal after his tweets about the death of Osama bin Laden and the Sept. 11 terrorist at

Nike Signs Lease to Expand Beaverton Headquarters

July 19, 2011 SGB Update

Nike signed a five-year lease for 26,000 square feet at a Beaverton property adjacent to its world headquarters, the property manager announced Tuesday…

VF Names Millenacker VP of Sales at The North Face

July 19, 2011 SGB Update

The North Face appointed Michael Millenacker as vice president of sales. Millenacker will be responsible for leading the sales strategy and execution of long term growth plans for The North Face Americas…

Cybex’s Q2 Sales Climb 17.7 Percent

July 19, 2011 SGB Update

Cybex International, Inc. reported that its losses widened in its second quarter ended June 25, to $555,000, or 3 cents a share, from $356,000, or 2 cents, a year ago. Sales rose 17.7 percent to $32.6 million compared to $27.7 million for the correspondin

MMI to Push Back and Rebrand Thriving Bike Expo in 2012

July 19, 2011 SGB Update

Messe München International it will rename Bike Expo ISPO Bike in 2012 and push the show to the third week of August, likely forcing many brands to choose between it and the rival Eurobike show. Later this week, 301 exhibitors from 22 countries will prese

Nike Signs Top NBA Draft Pick Irving to Shoe Deal

July 18, 2011 SGB Update

Former Duke star Kyrie Irving became the only NBA rookie other than Kemba Walker to sign a shoe deal. Irving, the No. 1 pick in June's NBA Draft, selected by the Cleveland Cavaliers, announced via Twitter that he had signed with Nike Basketball…

Sports Direct Pays Out Mega Bonuses to All Full-Timers After a Strong Fiscal Year

July 18, 2011 SGB Update

Sports Direct International Plc, the U.K. sporting goods retailer, said it would pay out a huge bonus in shares to its employees after its profits exceeded its target for the fiscal year…

Blacks Leisure YTD Sales Shortfall Triggers Loan Covenants; New CEO Appointed

July 18, 2011 SGB Update

Blacks Leisure, the U.K.’s largest outdoor specialty retailer, has been forced to renegotiate with lenders after a 10 percent slide in sales for the year-to-date period triggered loan covenants, possibly forcing the retailer to call on shareholders

Wholesale Prices for Athletic Goods Dip in June

July 18, 2011 SGB Update

Despite double-digit percentage increases in many intermediate goods and raw materials from a year ago, prices received by manufacturers of finished sporting and athletic goods declined in June from both May 2011 and June 2010, according to data released