SGB Update Apparel
TaylorMade-Adidas Golf Boasts 32 Percent Q1 Revenue Gain
TaylorMade-Adidas Golf announced record sales of $508 million globally in the first quarter of 2012, a 32 percent increase on a currency-neutral basis over the prior year. TaylorMade's statement came out the same day that its parent, Adidas Group, po
Virginia Tech Releases Football Helmet Safety Ratings
A football helmet safety ratings evaluation conducted by Virginia Tech has ranked adult football helmets for their ability to reduce the risk of concussion. The 2012 ratings were released on May 1, and three helmets received the highest mark of 5-stars: t
OBIT: Klaus Lenhart, CEO of Leki
Klaus Lenhart, owner of Leki poles, died in a plane crash on Monday. He was 56 years old…
March Golf Rounds Continue Strong
According to Golf Datatech, golf rounds played on a national level were up 29.5 percent in March 2012 over March 2011. The biggest regional jumps came in the Mid Atlantic, New England, East North Central, and West North Central…
Escalade Sports Signs Distribution Agreement With U.K.’s Air Structures International
Escalade Sports has signed an agreement with Air Structures International of the U.K. to become the exclusive North American Distributor of iGoal Inflatable Soccer Goals and iLite, an inflatable, portable outdoor floodlight…
Candian Tire Charity Launches $2M Fundraiser
Canadian Tire’s Jumpstart announced its One Million Red Balls campaign, which begins May 4 and culminates with the charity's fourth annual Jumpstart Day on May 26. The campaign aims to raise $2 million to help 20,000 children from low-income fa
Wolverine Acquires Collective Brand’s PLG Brands for $1.23 Billion
Wolverine Worldwide has agreed to acquire Collective Brands' Performance + Lifestyle Group (PLG), which includes the wholesale and retail operations of the Sperry Top-Sider, Saucony, Stride Rite and Keds brands, for $1.23 billion. Investment firms Bl
Grassroots Outdoor Alliances Funds Outdoor Nation Grant
The Grassroots Outdoor Alliance joined forces with Outdoor Nation to launch a new activation grant program that will provide $10,000 to four innovative ‘grassroots’ projects that get young people outdoors and active. Only employees of the more
Big 5’s Q1 Comps Dip 2.9 Percent, Hurt by Mild Weather
Big 5 Sporting Goods Corp. reported that sales slid 1.2 percent in the first quarter, to $218.5 million from $221.1 million a year ago. Same store sales decreased 2.9 percent for the first quarter of 2012. The company's first quarter sales were negat
Dragon Alliance Acquired by Marchon Eyewear
Marchon Eyewear purchased Dragon Alliance four years after the goggle and eyewear brand split off from Italian optical giant Luxottica…
Gramicci Hits the Road this Summer with Custom Subarus
Gramicci is hitting the road this summer with two branded Subaru Outbacks wrapped with its iconic logo and custom QR codes to further engage viewers online…
Adidas Marketing Exec Sent to Prison in Fraud Scheme
Britney Obstar, a former marketing manager at Adidas, was sentenced today by United States District Judge Garr M King to serve one year and one day in prison for orchestrating a fraud scheme that resulted in a $336,000 loss to Adidas. Judge King also orde
Vail Resorts Lift Ticket Revenue Down Sligthly
Vail Resorts, Inc. reported season-to-date total lift ticket revenue at the company's six mountain resort properties, and including an allocated portion of season pass revenue for each applicable period, was down approximately 0.3 percent through Apr
Adidas Group Ups Full-Year Guidance on Strong Q1 Results
Adidas Group is reporting that preliminary first quarter figures are materially above market expectations. Group sales for the full year are now expected to grow at a rate approaching 10 percent on a currency-neutral basis and net income attributable to s
Report: Wolverine World Wide Chosen as Collective Brands Buyer
Bloomberg News is reporting that Collective Brands Inc., which owns the Saucony, Keds, Stride-Rite and Sperry Top-Sider as well as the Payless ShoeSource discount shoe chain, is opting for an acquisition by Wolverine World Wide Inc., parent of Merrell, Wo
