SGB Update Apparel

Specialized Introduces e-Bike to European Market

Specialized Bicycle Components has launched an e-bike for the European market called Turbo that travels up to 45 kph and uses a battery than can recharge in two hours. The bike will not be made available in the United States, where bikes that travel in ex

Lifetime Products Introduces $299 Sit-inside Kayak

Lifetime Products Inc. of Clearfield, Utah, purports to be one of the largest kayak manufacturers in the U.S., introduced its first sit-inside kayak and said it will go on sales this month at Sports Authority for $299…

Tim Tebow Apparel Sales Halted in Nike-Reebok Feud

U.S. District Court Judge Kevin Castel issued a temporary restraining order against Reebok to prevent it from continuing to sell apparel featuring Tim Tebow shirts and his new team, The New York Jets. As reported, Nike, which officially takes over the NFL

Merrell Reups Outdoor Nation Partnership

Merrell renewed its commitment as a lead partner of Outdoor Nation, which is expected to draw more than 1,000 Millennials to summits in 11 U.S. cities this summer to champion outdoor recreation, conservation and other issues. Merrell will send its own you

McRae Industries Sales Dip

McRae Industries, Inc. reported net revenues for the second quarter of fiscal 2012 of $19.9 million as compared to $21.7 million for the second quarter of fiscal 2011. Net earnings for the second quarter of fiscal 2012 amounted to $1.37 million, or 63 cen

Broder Bros. Q4 Revenues Climb 5.1 Percent

Broder Bros. reported fourth-quarter sales rose 5.1 percent to $226.7 million compared to $215.7 million for the fourth quarter 2010. Income from operations reached $12.8 million for the fourth quarter 2011, slightly ahead of $12.5 million for the fourth

Shoe Carnival Reappoints Securites Lawyer to Board of Directors

Shoe Carnival, Inc. appointed James A. Aschleman, a retired attorney specializing in corporate governance, mergers and acquisitions and securities law, to its board of directors. Aschleman previously served on the board from May 2001 to October 2006…

E-Bike Demand Forecast to Grow to 47 Million Units by 2018

The worldwide market for e-bicycles will increase at a compound annual growth rate (CAGR) of 7.5 percent between 2012 and 2018, resulting in global sales of more than 47 million vehicles in 2018 compared to 30 million estimated to occur in 2012, according