SGB Update Apparel
JJB Sports Seeks Funding, Appoints Bob Corliss As Chairman
JJB Sports Plc, the UK sporting goods chain, revealed that it is seeking further funding, just three months after receiving a £30 million (U.S. $47m) cash injection in April. The funding search comes as results have deteriorated in recent months. The comp
Leatherman Acquires Fast-Growing Multi-Tool Upstart
Leatherman Tool Group, Inc. (LTG) has signed a definitive agreement to acquire the PocketToolX Company (PTX), a Seattle start-up that outgrew its capital resources when sales of its single-piece multi-tools caught on faster than expected. The deal will gi
The North Face Awards Explore Fund Grant to SPLORE
The North Face, has awarded an Explore Fund grant to Splore for SPLORE’s Evolve Project, which provides at risk and minority teens with an outdoor career-oriented leadership course…
Mountainsmith Names Sales and Marketing Coordinator
Mountainsmith hired Jeremy Dodge as sales and marketing coordinator to maintain its website, expand direct marketing, manage sponsorships, assisting new dealers and following up on new distribution channels…
Unifi Extends Yarns Agreement with Hanesbrands
Unifi Manufacturing, Inc. extended its yarn supply agreement with Hanesbrands Inc. for the first time since entering the agreement in November, 2009 to assure supplies for the apparel company's manufacturing operations in the Western Hemisphere…
Retailers See Bright Back-To-School Sales
According to NRF's 2012 Back-to-School spending survey conducted by BIGinsight, the average person with children in grades K-12 will spend $688.62 on their children, up from $603.63 last year. Parents estimate they will spend an average of $246.10 on
SGMA To Launch Industry Leaders Summit in September 2013
The Sporting Goods Manufacturers Association (SGMA) Industry Leaders Summit will feature sessions ranging from managing geo-political risk, emerging market analysis and the future of sourcing to forecasting the merger and acquisition environment and the c
Leatherman Reaches Deal to Acquire PocketToolX Company
Leatherman Tool Group, Inc. (LTG) has signed a definitive agreement to acquire the PocketToolX Company, manufacturer of the unique, single-piece multi-tools…
Petzl America Names New Sales Director
Petzl America appointed Blair Williams to sales director. Williams joins Petzl with a strong professional background in business-to-business sales and a passion for alpinism, climbing, and the outdoors…
Adidas to Close Only China Factory
Adidas AG has decided to close its only apparel factory in China as part of its plan to reconsolidate its global resources. The factory in China's coastal city of Suzhou will be closed at the end of October, the company told Reuters…
Li-Ning Sponsors Red Bull King of the Rock Tournament
Li-Ning will serve as the official footwear and apparel partner for Red Bull King of the Rock, the first official sporting event ever to be held on Alcatraz Island…
GSI Commerce Delivers Double-Digit Q2 Comps
EBay Inc. reported that its GSI business, which was acquired in the second quarter of 2011, contributed $221 million in revenue for the second quarter. GSI generated $674 million in global ecommerce (GeC) merchandise sales during the second quarter. Same-
OutDoor Show Squeaks Out Record Attendance in Friedrichshafen
Attendance at the 2012 OutDoor show in Friedrichshafen reached 21,730 last week, setting a record despite widespread anxiety over economic conditions in Europe…
OIA VantagePoint: June in Like a Lion, Out Like a Lamb
Outdoor product sales growth lost some momentum as June progressed but sprang to life again in July. Hot weather and a well-positioned mid-week holiday helped send consumers into the cool respite of retail. According to point-of-sale data compiled by Spor
City Sports Named Boston’s Best for Sporting Goods
City Sports has been named to The Improper Bostonian's 2012 Boston's Best list, winning top honors for sporting goods in the Goods and Services category…
