SGB Update Apparel
New Management at Ashworth Sees Q4 Gains; Fiscal Year Still Off..
With a fresh new executive team in place, Ashworth ended its fiscal year on an up-note as fourth quarter earnings, margins and net loss all improved over the year-ago period. However, these results were not enough to offset the decreases seen leading up t
Sporting Goods Industry Urges Students to “Get in the Game”
Top executives from key segments of the sporting goods industry have joined forces to create a program designed to attract top college graduates as future employees. The program, called “Get in the Game,” is the creation of a 15-member committee of leadin
Denson, Hainer, Plank Rank Among Most Influential in Sports
Nike's Charlie Denson ranked 13th on Sports Business Journal's list of the 50 most influential people in sports business. Adidas's Herbert Hainer came in at 17, and Under Armour's Kevin Plank, 42…
Tefron Names Active Chairman
Tefron Ltd., a producer of seamless intimate apparel and active wear, has appointed Yacov Gelbard, former CEO of the Bezeq Group, as active chairman of the board of directors. The Israelli-based company also announced that Yarom Oren is replacing Gillon B
Remington Acquires Marlin Firearms
Remington Arms Co. Inc. announced plans to acquire Marlin Firearms Co. Under the agreement, Robert Behn will remain president of Marlin. The deal is expected to close in January…
Nautilus Sells Colorado Building
The 93,743-square-foot Nautilus building in the Colorado Technology Center has been sold for $6.3 million, according to public records. The building is in Louisville, a suburb north of Denver. The deal closed on Monday, Christmas Eve…
GBMI Acquired by Titan Global Holdings…
Titan Global Holdings, Inc. has purchased the majority of all of the assets of Global Brand Marketing, Inc. (GBMI), including inventory, accounts receivable and intellectual property assets. Titan also said it hired the complete core of executives current
Under Armour Inks New Lease to Expand HQ…
Under Armour Inc. has signed a lease for expansion space near its headquarters in South Baltimore. According to a filing with the SEC, Under Armour on December 14 signed a lease for 138,198 square feet at the Overflo Public Warehouse Inc. property at 145
SIA Retail Audit: Snow Sports Sales Decline in Early Season…
With virtually no early season snow nationwide, the snow sports season got off to a late start this year and retail sales suffered as a result. SIA issued its first in a series of six retail audits covering specialty sales of snow sports apparel, equipmen
RECALL: Hunting Harnesses From Gorilla Inc…
Some 60,000 Chinese-made full-body harnesses used by hunters were recalled, because they could allow users to fall from tree stands and risk serious injury, the U.S. Consumer Product Safety Commission said last week. The harnesses were made in China for G
Sherborne Believes it Won All Votes at Nautilus Shareholders’ Meeting
Sherborne Investors LP said that, based on information provided by its proxy solicitation firm, D.F. King & Co., Inc., it believes all four Sherborne Investors nominees have won election to the Company’s Board of Directors and all other proposals were pas
Report: Hunting and Fishing Participation Declines as Retailers Expand
While the ranks of the nation’s fishing and hunting enthusiasts continue to decline, as they have for the past decade, expansion of major outdoor lifestyle retailers has continued apace, says The Mercanti Group, a boutique investment bank, in its latest m
SIA: Fall Snow Sports Sales Slip at Specialty Retailers
This fall, balmy weather finally managed to end three consecutive years of early season sales gains. According to SIA's retail audit, specialty snow sports store sales totaled $287M, a 7% decline from the previous August to October period. Without m
VF Reaffirms Guidance for Q4
VF Corporation reaffirmed its guidance for record fourth quarter revenues and earnings, which were initially provided on October 18, 2007…
Nike Q2 Sales Jump 14%; Futures Orders Up 13%
Nike, Inc. reported 14% revenue growth for the second quarter ended November 30, to $4.3 billion, compared to $3.8 billion for the same period last year. FX rates boosted revenue growth by 4 percentage points. Second quarter net income grew 10% to $359.4
