SGB Update Footwear

Titleist Wins Decision in Pro V1 Patent Dispute with Callaway

Acushnet, which makes Titleist golf balls, said it won a long-running golf ball patent dispute with Callaway Golf Co. Callaway had asserted that certain Titleist golf balls had infringed on four patents originally owned by Spalding and later purchased by

Jordan Brand’s Launches Educational Grant Program for 2010/2011

Jordan Brand, a division of NIKE, Inc., announced the opening of its grant cycle for its Jordan Fundamentals Grant Program for the 2010-2011 school year. The program awards $1 million annually to teachers across the country who motivate and inspire studen

Backcountry.com Promotes Jill Layfield to COO

Backcountry.com has promoted Jill Layfield to the chief operating officer, a new position. Formerly vice president of product management, Layfield will be responsible for managing the day-to-day operations of Backcountry and will ensure that their strateg

2010 Brand Strength Index: Nike Leads But Adidas Closes Gap

More than two years after the “Great Recession” officially commenced it is clear that U.S. consumers have made fundamental changes in the way they shop, where they shop and the brands they buy. The Brand Strength Index was originally formulat

Yue Yuen’s Q1 Sales Dip 3.2%

Yue Yuen Industrial (Holdings) Limited said revenue declined 3.2% in the first quarter ended Dec. 31, to U.S.$1.32 billion while profit attributable to equity holders increased 10% year-on-year to $120.2 million…

REI Doubles Profits on Flat Sales in 2009

Recreational Equipment, Inc. released audited financial statements confirming that its net income more than doubled to $29.8 million from $14.5 million in the prior year…

Adidas Agrees to Contract with NBA Europe

In preparation for the 2010-11 NBA season, Adidas AG has extended its agreement with the league, granting the company exclusive rights to all apparel in Europe…

NOC’s Great Outpost Opens in Gatlinburg

Nantahala Outdoor Center, already known as one of the nation’s premier whitewater outfitters, will open NOC’s Great Outpost in Gatlinburg, TN this weekend…

Iowans Look at New Sales Tax to Fund Conservation Trust

Iowa took a step closer to becoming at least the fourth state to dedicate tax revenue to conservation when its House of Representatives approved the Natural Resource and Outdoor Recreation Trust Fund act.

ECCO’s 2009 Profits Fall as Sales Slide 6%

ECCO reported revenue fell by 6% in 2009 DKK $5.04 billion ($912.7 million) while pre-tax profits fell by 38% to DKK 460 million ($83.2 million) due partly to significant investment in retail stores and in-store shops. Said the Danish-shoe maker in a stat