SGB Update Apparel
Nordstrom’s Q4 Earnings Up Sharply
Nordstrom, Inc. reported a 26 percent increase in earnings per diluted share of $1.40 for the fourth quarter ended Feb. 2, 2013 compared to $1.11 per diluted share for the same quarter last year. Net sales in the fourth quarter were $3.6 billion, an incre
Skechers Distribution Center Certified as Largest LEED Gold Building in the U.S.
Skechers USA, Inc. announced that its North American distribution center in Rancho Belago, CA has been officially certified LEED Gold by the U.S. Green Building Council. Designed and built by developer Highland Fairview to the highest environmental standa
Foot Locker to Ramp Up Capital Spending in 2013
Foot Locker, Inc. announced that its the board of directors approved a $220 million capital expenditure program for 2013, a significant increase over the approximately $163 million spent in 2012. The company plans to invest in its many growth opportunitie
Fast Company Names World’s Top 10 Most Innovative Companies in Fitness
Fast Company Magazine released its list of World’s Top 10 Most Innovative Companies, which included in order of rank Nike, Zombies, Run!, Soul Cycle, EMB Live Fitness, Elliptigo, Zumba, FITiST, Strava and Green Revolution…
MTRiP Reports Reservation Spikes at Western Mountain Resorts
According to the most recently released data by the Mountain Travel Research Program (MTRiP), actual occupancy as well as reservations for the coming six months increased in January due to an improving economy and snowfall.
Umbro Off to Strong Start for Iconix Group
On its fourth-quarter conference call, Iconix Brand Group indicated it’s marking a quick transition period for Umbro, the soccer brand acquired from Nike Inc. in December…
CalPERS To Sell Stock in Gun Manufacturers
CalPERS on Tuesday moved to unload $5 million worth of investments in Smith & Wesson and Sturm Ruger and follows the Dec. 14 shootings in Newtown, CO…
Rider Sandals Expands Marketing Efforts
Rider Sandals, The Sole of Brazil, is increasing its marketing efforts in 2013 with a new spring ad campaign as well as the hiring of a PR firm to increase awareness among target dealers and consumers…
Portland Startup Accelerator Program Accepting Applications
The Portland Development Commission began accepting applications on Feb. 14 for Startup PDX: Challenge, a new initiative to connect startups to all Portland has to offer. Sporting goods startups are encouarged to apply…
PGA TOUR Superstore To Open Its First Superstore In SoCal
PGA Tour Superstore announced its second store on the West Coast will be in Irvine, CA. The 50,000 square-foot superstore, located in the Alton Marketplace Shopping Center at Santa Ana Freeway I-5 and Technology Drive, is scheduled to open later this year
Take Me Fishing Award Winners Receive Seed Grants
Outdoor Nation and the Recreational Boating & Fishing Foundation (RBFF) awarded 10 seed grants worth $2,500 each to community-based, youth-led projects aimed at reconnecting Millennials to the outdoors…
Kokatat Outfits Second Ikkatsu Project Expedition
In June 2013, Kokatat-supported team Ken Campbell and Steve Weileman will embark on the next phase of the Ikkatsu Project to the volcanic island of Augustine in south-central Alaska. Campbell and Weileman will complete systematic beach surveys in an effor
Diamondback Road Trip Aims to Engage Dealers and Consumers
Diamondback Bicycles launched a comprehensive retailer outreach and demo bike program designed to help grow brand awareness throughout the U.S. for 2013…
Jarden Outdoor Solutions Earning Rise on Flat Revenues in Fourth Quarter
Jarden Corporation's Outdoor Solutions segment, which owns one of the largest portolios of outdoor and team sporting goods brands in the world, grew earnings 9.4 percent in the fourth quarter despite essentially flat earnings…
Lenzing Building Jumbo Tencel Plant in Austria
Lenzing is constructing a jumbo Tencel production line at its plant in Lenzing, Austria that will go into operation in 2014. Tencel fiber's moisture management properties make it an attractive fiber for use in sportswear, outerwear, and technical tex