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Nautilus Cancels Acquisition of China Factory

January 29, 2008 SGB Update

Nautilus Inc. said it has canceled plans to buy its largest contract manufacturer in Xiamen, China for $72 million in cash and stock. Nautilus said it likely will have to forfeit the $18.5 million nonrefundable deposit paid Land America Health & Fitness C

Cabela’s Runs Short of Street Q4 Estimates; Will Slow Expansion Plans

January 29, 2008 SGB Update

Cabela’s Inc. missed its sales plan for the fourth quarter, blaming a difficult retail climate. CAB plans “to significantly slow retail expansion and focus on improving the profitability of its existing operations.” CAB expects to report a 13.9% increase

Nautilus Ends Shareholder Rights Plan

January 28, 2008 SGB Update

Nautilus, Inc. has terminated its Shareholder Rights Plan. Under the Plan, one right was distributed for each share of Nautilus common stock outstanding as of November 8, 2007. Effective the date of the Plan, any person or group acquiring 20% or more of t

Kellwood Names New CMO

January 28, 2008 SGB Update

George Sokolowski was named corporate vice president strategy and chief marketing officer by the Kellwood Company board of directors on January 25, 2008, according to Robert C. Skinner Jr., chairman,
president and chief executive officer of Kellwood.

Yue Yuen Reports Strong Fiscal Year; Cautiously Optimistic on Year Ahead…

January 28, 2008 SGB Update

Yue Yuen Industrial Holdings may be one of the beneficiaries of the changes in China’s labor laws as the company picks up new customers and increases business with their base. The manufacturer of many of the largest athletic brands in the world, which ha

Teamsters Claim Discrimination at New Era D.C…

January 28, 2008 SGB Update

NAACP Chairman Julian Bond and Teamsters General President Jim Hoffa will call on Major League Baseball to intervene with New Era Cap to end discrimination and worker rights violations in the company's Mobile, AL distribution center. New Era is MLB&#

Johnson Outdoors Sees Q1 Bottom Line Hit From Escape, Military Businesses…

January 28, 2008 SGB Update

Johnson Outdoors Inc. saw modest sales growth during its seasonally slow first quarter aided by acquisitions as well as by sales increases in each of its divisions, except for Outdoor Equipment. However, exports outpaced domestic sales in Marine Electroni

OIA and Outdoor Retailer Buddy Up in 15-Year Deal

January 28, 2008 SGB Update

Outdoor Industry Association and Nielsen Business Media, the parent company of the Outdoor Retailer tradeshow, seem to have put their differences behind them as the pair announced entering a 15-year strategic alliance. As part of the deal, Outdoor Retail

Sports Direct Warns of Tough Six Months Ahead…

January 28, 2008 SGB Update

Sports Direct International, the U.K. sporting goods retailer, predicted an “increasingly difficult” sales environment over the next six months, but still expects to meet its recent guidance. Sports Direct said gross sales reached £280 million ($545 mm) b

Outdoor University Releases Schedule

January 28, 2008 SGB Update

Outdoor University, an Outdoor Industry Association (OIA) event, recently announced its 2008 national schedule. The program, which provides regional retailers with training aimed at equipping them with tools to help improve their profitability, will be of