SGB Update Footwear

Snocru Release Facebook Compatible Version of App

Snocru released an upgraded version of its free mobile app, which allows skiers, snowboarders, cyclists, bikers, runners, hikers and other outdoor enthusiasts to see and connect with each other in real time via Facebook. The company plans to eventually se

Michael Egeck Steps Down as Hurley’s CEO

Nike, Inc. announced that company founder and chairman Bob Hurley will assume the interim CEO role at Hurley International, LLC, replacing Michael Egeck who has decided to leave the company. Hurley will work closely with Roger Wyett, president of Nike, In

Sport Chalet Q4 Hurt by Lack of Snow, But Comps Rebounding

Sport Chalet, Inc. reported that sales of winter related merchandise plummeted 32.1 percent in the fourth quarter ended April 1, citing warm winter weather as a drag on sales. Overall net sales declined by $16.3 million, or 16.6 percent to $81.9 million,

Yue Yuen’s Revenues Climb 9.5 Percent In Half

Yue Yuen reported revenues rose 9.5 percent in its first half ended May 31, to US$3.61 billion. Recurrent net profit was up 6.4 percent. Net profit attributable to owners of the Company increased 21.2 percent year on year, to approximately US$ 278.9 milli

Adidas Completes Adams Golf Acquisition

The Adidas Group together with its TaylorMade-Adidas Golf business segment announced the successful completion of its acquisition of Adams Golf, Inc.The Adams Golf business will be led by John Ward, whom TaylorMade-Adidas Golf has appointed president. A 2

Golf and Tennis Pro Shop Raises $7 Million in New Equity

Golf & Tennis Pro Shop Inc, which is the PGA Tour's exclusive partner for off-course/off-airport golf retailing, has raised another $7 million in equity from investors on top of $9 million raised a year ago, according to filings with the Securities &

Patagonia Discloses Recent Financial Results

Patagonia had sales of $540 million in the twelve months ended in April, up more than 30 percent from the same period a year earlier, according to a report in the Seattle Times. The article also disclosed that…

Dick’s SG To Open Run Specialty Concept

Dick's Sporting Goods announced plans to open a specialty running retail store, True Runner. The new store, located in the Shadyside section of Pittsburgh, will cater to running enthusiasts with best-in-class footwear, apparel, accessories and exper

Klean Kanteen Hires Duffy as U.S. Sales Manager

Klean Kanteen named Michael Duffy as the company’s U.S. sales manager. This is the first major addition since the company hired Scott McGuire as sales director in April…

Whistler Blackcomb Introduces First Lift-Assisted Alpine MTB Trail

Whistler Blackcomb Holdings Inc. said it would offer its first lift-assisted alpine MTB trail at its mountain bike park and a new sightseeing hike when its summer season kicks off in a bid to draw more visitors to the Whistler and Blackcomb resorts in Bri

Foot Locker Launches #Kickstagram

Foot Locker announced the launch of a new marketing campaign surrounding the social media phenomenon Instagram. The campaign encourages Instagram users to tag pictures of themselves wearing their favorite kicks using #kickstagram and @footlocker beginnin

Nordstrom’s Comps Climb 5.3 Percent in May

Nordstrom reported a 5.3 percent increase in same-store sales for the four-week period ended May 26, 2012 compared with the four-week period ended May 28, 2011. Preliminary total retail sales of $870 million for May 2012 increased 9.3 percent compared wit

Halfords Group Reports Cycling Sales Fell After Strong FY 2012

Halfords Group plc reported comparable store sales of cycling products within its Leisure segment grew 9.7 percent in the year ended March 30, but said such sales have since fallen off significantly in the United Kingdom and Ireland…