SGB Update Apparel
Nike’s Q2 Revenues Jump 18 Percent, Futures Ahead 13 Percent
Nike, Inc. reported revenues increased 18 percent in its second quarter ended Nov. 30, and advanced 16 percent on a currency-neutral basis. Earnings rose 2.6 percent due to the impact of a lower gross margin but came out slightly ahead of Wall Street'
NBA Signs Mission as Official Athletecare Partner
Mission Athletecare announced a multiyear merchandising partnership with the NBA becoming the “Official Athletecare” of the league. The first NBA branded products Court Grip and Power Grip will debut when the NBA tips off the 2011-12 season on Christma
SGMA Announces National Study on Size/Scope of the SG Industry
SGMA is working to create the most accurate and timely report on the size and direction of the sporting goods industry in the U.S. It's called the Sports and Fitness Confidence Index (SFCI)…
Billabong Reviewing Operations and Finances in Wake of Sudden Sales Decline
Billabong International Limited said it is again reviewing its business for possible cost cuts and a recapitalization in the wake of a significant drop in retail sales in November, which it attributed largely to conditions in Europe. The North America bus
Puma Acquires Stake in United Legwear Co.
Puma North America has acquired 51 percent of United Legwear Co.'s Puma legwear and bodywear subsidiary…
Hydrapak Signs OEM Clients
Hydrapak, a leading global supplier of active-lifestyle hydration equipment, has become an OEM provider for niche pioneer Elite Creators, LLC and UltrAspire. UltrAspire’s Surge and Omega Hydration packs, slated to be available in February 2012, will
Crocs, Inc. Obtains $70 million 5-Year Revolving Credit Agreement
Crocs, Inc. entered into an amended and restated credit agreement, effectively replacing the existing $30M asset backed line of credit set to expire September 2014 with a five-year $70M secured revolving line of credit…
American Golf Sold to Sun Capital Partners
American Golf, which has 88 stores in the UK and Ireland, has been sold to U.S. private equity firm Sun Capital Partners…
Vans Triple Crown Webcast Shatters Records
Vans Triple Crown of Surfing Webcast posted more than 10.4 million live streams during its 13 days of competition between Oct. 28 and Dec. 11. Series viewership, which includes the 3-day HIC Pro, peaked with more than six million streams…
Brooks Brings Back Brooks PR Invitational
Brooks Sports announced it will bring the speediest high school runners to Seattle for the second annual Brooks PR Invitational. Taking place on Feb. 26, 2012, the invite-only event gives students the opportunity to test their speed against the best of th
Respect Your Universe to Sponsor UFC Events
Respect Your Universe, Inc. announced that it will become an official event sponsor for five UFC events beginning with UFC 141: LESNAR vs. OVEREEM on Dec. 30 at the MGM Grand Garden Arena in Las Vegas…
L.L. Bean to Add 100 Employees to Maine Factory
L.L. Bean plans to add 100 new jobs in 2012 at its boot-making factory in Brunswick, Maine…
BSN Sports Awards $250,000 in Victory Grants
Since September’s launch of the Victory Grant Program, BSN Sports, the flagship division of Sport Supply Group, Inc., has awarded $250,000 in grants to schools and athletic programs. Major grants have been awarded to public and private schools, YMCA
Bearpaw to Open First Retail Location
Bearpaw Footwear is opening its first retail location on Friday, Dec. 16, in Citrus Heights, CA…
Netpulse Acquires Virtual Active
Netpulse, Inc., the provider of personalized interactive media for fitness centers and active lifestyle consumers, announced the acquisition of Virtual Active, a San Francisco-based media company that produces exercise-focused, virtual reality products. A