SGB Update Apparel
Vail Resorts Launches Unrestricted Season Pass
Vail Resorts, Inc. began selling the Epic Season Pass, a new unlimited, unrestricted season pass that's valid for the entire 2008-2009 ski and snowboard season at its five resorts for an initial price of $579 per adult. The Epic Season Pass allows ho
Nike Reports Problems At China Factories
Nike Inc. said significant problems remain in working conditions in China and with managers there not meeting Nike's standards. The findings were contained in a supplement to its 05/06 corporate responsibility report released on its website earlier t
Reebok Pays $1MM Fine for Lead Jewelry
Reebok International will pay a record $1 million civil penalty to settle allegations that it imported and distributed charm bracelets that contained toxic levels of lead, the U.S. Consumer Product Safety Commission said. The agency said in March 2006, a
ispo china Drew 329 Brands to Beijing
The fourth annual ispo china exposition in Beijing drew a record number of attendees and 329 brands, including Burton, Gore-Tex, Quiksilver, Teva and Vasque. Gore-Tex supported the China Outdoor Retailing Conference before the opening day of the show, whi
NSGA Names New President and CEO
The National Sporting Goods Association's board of directors chose Matt Carlson from a field of 130 candidates to succeed retiring President & CEO Jim Faltinek. Carlson's background is in public administration, including eight years as the city
Washington Bicyclists Team with German Embassy
Just weeks after cycle advocates made their annual pilgrimage to Washington D.C. to lobby Congress for greater support of cycling, the Washington Area Bicyclist Association (WABA) announced it had found government support of another sort. WABA said it has
Under Armour Relaunches Power in Pink Campaign
As part of its “Power in Pink” campaign, Under Armour is launching the second annual Undeniable Survivor Search in the U.S. and Canada. To help raise awareness of the importance of leading a physically active life in the fight against breast cancer, Under
Zumiez Sees Fourth Quarter Sales Grow, But Expects Tough H1 Ahead…
For the fourth quarter, net sales totaled $126.6 million, an increase of $14.2 million or 12.7%, compared to $112.4 million in last year's fourth quarter. When the additional week from fiscal 2006 is excluded, net sales were up 18.5% in the fourth qu
Dorel Prepares to Pass on Higher Costs…
When Canadian bicycle maker Dorel Industries Inc. declined to provide earnings guidance for 2008 last week, it was not because of concerns over demand, but the rising costs of supplies and Chinese labor, the company’s CFO told analysts. Earlier in the wee
Dick’s Sporting Goods Tempers Outlook on Weather Shifts, Weaker Economy…
Dick’s Sporting Goods Inc. reported that an abundance of cold weather in the fourth quarter slowed comp store sales growth to 2.7% for the period, cutting the golf season short. The same weather pattern is expected to cause first quarter same-store sales
A Look Inside the GSCO/FINL Settlement…
At the beginning of its quarterly conference call with analysts, Genesco chairman and CEO Hal Pennington provided an overview of the details of the settlement with The Finish Line and UBS. While the settlement calls for GCO to receive a cash payment of $
Hibbett Sports Provides a Conservative Growth Outlook after Weaker Q4…
Hibbett Sports is taking a more conservative approach to new store growth for the new fiscal year as the retailer keeps an eye on the weaker economy. The small-market-operator is starting to see more competition from the likes of Dick’s Sporting Goods an
Hanesbrands Inc. Joins the FLA…
Hanesbrands Inc., the parent of Duofold, and Champion, joined the Fair Labor Association and will undergo the FLA’s two-year implementation process for accreditation of the company’s global social compliance program. Participating companies in the FLA are
Adams Golf Sales Grow Double-Digits for Q4 and Full Year
Adams Golf saw net sales jump 24% to $94.6 million for the year ended December 31, 2007, from $76.0 million for the year ended December 31, 2006. The company reported net income of $9.4 million, compared to net income of $9.0 million for 2006. For the fou
Adams Golf to Trade on NASDAQ as ‘ADGF’
Adams Golf has had its application for listing approved by The NASDAQ Stock Market. The company's common stock will now be traded on The NASDAQ Capital Market under the symbol “ADGF.” The Company expects its common stock to begin trading on Thursday,
