SGB Update Apparel

Cabela’s Renews Credit Card Facility

Cabela’s Inc. announced that Wachovia Bank, National Association has renewed its $225.0 million commitment under an outstanding series of variable funding notes issued by Cabela's Credit Card Master Note Trust. The commitment is for one year…

TapouT Opens RandD Center

TapouT, the mixed-martial arts brand, is officially opening the doors of its new 13,000-square-foot TapouT Research & Development Training Center in Las Vegas, Nevada. The Grand Opening weekend is set to take place from 10 a.m. to 3 p.m. on June 19 and Ju

Coalition Urges Congress to Support USDA Conservation Programs

House and Senate Appropriations Committees to maintain mandatory spending levels for the U.S. Department of Agriculture conservation programs as authorized in the 2008 Farm Bill, the Theodore Roosevelt Conservation Partnership announced…

AcuSport adds Russian American Armory Firearms

AcuSport Corporation, a distributor of outdoor and shooting sports products in the nation, introduced Russian American Armory (RAA) to their line of shooting sports products. RAA is the manufacturer of the Saiga firearms line. These items, along with the

Callaway Golf Cuts Dividend to Preserve Cash

Callaway Golf Co. said its Board of Directors has elected to reduce the second quarter dividend to one cent per share, payable on July 15, 2009 to shareholders of record as of June 26, 2009. This represents a six cents reduction to the dividend declared a

Quiksilver Announces Financial Restructuring, Q2 Sales Slide 17%

Quiksilver, Inc. entered into an agreement with Rhône, an international private equity firm, for a 5-year senior secured term loan of approximately $150 million to ease its liquidity pressures. The surf giant also reported second-quarter sales fell 17.1%

JD Sports’ Sales Improve

JD Sports Fashion Plc said its underlying sales increased 1.7% over the 17 weeks to May 30. Like-for-like sales at the Bank and Scotts fashion chains were up 4.6% over the period, while like-for-likes at the JD sportswear fascia rose 1.2%…

Dynamic Brands Adds a New CFO; Expands Staff

Dynamic Brands, the parent company for Bag Boy, Baby Jogger, Slotline and AMF Golf, has hired Tom Hall of Richmond, VA, as chief financial officer. Hall will oversee all financial aspects of the business units under the Dynamic Brands corporate umbrell

McDavid Teams with National Sports PR Firm

McDavid Sports Medicine announced their partnership with sports public relations firms, 180 Communications, in an effort to increase its media presence. McDavid noted that the hiring comes as its latest technology, HexPad, is being used by more than half

SIA Readies for Denver

Readying for the move of its tradeshow from Las Vegas to Denver in January 2010, SIA has added a number of new events to its Snow Show. Among the additions is an On-Snow Demo/Free Ride Fest, Feb. 1-2, in conjunction with the Rocky Mtn. Demo…

Outdoor Retail Sales Slip in May

The outdoor market in the U.S. slowed slightly in May after reporting a slight up-tick in April. While consumers are still looking for close-to-home recreation options, they may be looking to use their existing equipment instead of investing in new upgrad

NSGA: Used Sports Equipment Purchases Fall Below $1 Billion

Consumers purchased $969 million in used sporting goods equipment in 2008, according to NSGA’s “Purchases of Used Sports Equipment in 2008” report. This total is noticeably less than it has been in recent history – the report had found that the used sport

Recall: REI Bicycles

Recreational Equipment Inc., in cooperation with the U.S. Consumer Product Safety Commission, has announced a recall of 2005 Novara Trionfo Bicycles. The fork can separate from the steerer tube which can cause the rider to lose control, posing a fall haz

Nike Bauer Plant Sold in New Hampshire

Nike USA has sold its Bauer Hockey manufacturing plant in Greenland, NH, but has no plans to shut down operations at this time, according to www.seacoastonline.com. According to the newspaper, the Rockingham County deed records filed May 29 show the prop