SGB Update Footwear

Dorel Bike Division Revenues Rise in Second Quarter

Dorel Industries Inc., the parent company of some of the biggest brand names in cycling products, reported that total revenues for second quarter ended June 30 declined 7.2% to $551.1 million from $593.7 million for the same period a year ago. Second qua

Millet to Launch Rope Recycling Program

Millet has teamed up with the polyamide recycling company, Rhodia to develop a system for recovering and re-using polyamide waste. Consumers are asked to return used ropes to retailers in exchange for a discount on a new Millet rope. Any brand of rope

BPI Expands Sales Dept.

BPI has announced the addition of Megan Schaap to the BPI team. Megan is joining the company in a sales assistant capacity and has been brought in to further strengthen the sales and management team. Schaap brings with her a strong background in account

Blacks Leisure Confirms Renewal of Working Capital Facility

Blacks Leisure, the retailer of outdoor and boardwear clothing, footwear and equipment, previously announced that Lloyds Banking Group would extend the working capital facility to 31 August 2010, subject to the required documentation being put in place…

Rock Climbing Injuries Increase as Sport Gains Popularity

It has been estimated that rock climbing is now enjoyed by more than 9 million people in the U.S. each year. A new study by researchers at the Center for Injury Research and Policy of the Research Institute at the Nationwide Children’s Hospital revealed a

Asia Outdoor Show Sees 50% Growth

When the 4th Asia Outdoor trade show closed its doors in the afternoon of Aug. 2 it reported more than 14,000 trade visitors. Show management said in a release that they were “very happy” to have reached all of their objectives: more visitors, new visitor

Shimano Feels the Effects of Global Recession in First Half

Shimano Inc. reported that the impact of the global recession and the pressure to reduce inventories has caused its bicycle components business and fishing tackle business to suffer from lackluster sales for the first half of 2009 ended June 30. As a resu

Iconix Gets Sport Brands Boost at Wal-Mart

Helped by a good reception of OP, Starter, and Danskin Now as well as exclusives at Wal-Mart, Iconix Brand Group's revenues climbed 9% in Q2 to $56.4 million from $51.7 million in Q2 last year…

Puma AG Sees Second Quarter Net Slide; U.S. Business a Bright Spot

Puma AG posted flat consolidated net sales growth in second quarter on a currency-adjusted basis, but revenues rose 4.1% to €600.3 million ($818 mm) when measured in the reported euro terms. Total worldwide sales under the Puma brand, which includes both

Retailers Pray Weak July Isn’t Harbinger of Slow Back-to-School

It was more of the “same ole’ song and dance” for July retail as numerous factors — old and new — contributed to the eleventh straight month of falling same-store sales. Analysts listed a number of catalysts for the decline, including consumer concerns

Big 5 Sees First Comp Gain in Six Quarters

Big 5 Sporting Goods reported a better-than-expected quarterly profit on tighter cost control and forecast third-quarter profit above Wall Street expectations. The Q209 comp gain reversed six straight quarters of comp declines…