SGB Update Footwear
Electronic Arts Lends Names to Sports Toys
Electronic Arts, best known for its sports-themed video games like Madden NFL football and NBA Live basketball, is teaming up with Toy Island to create a line of athletic toys aimed at teaching kids how to play sports. The toys will use infrared sensors a
Rapper Tasered at Reebok NBA Party
A number of hip-hop websites and blogs are reporting that Cleveland rapper Kid Cudi had gotten into a verbal altercation with Reebok employees at a company NBA All-Star party, which then escalated into a physical fight in which Cudi was tasered by police.
Karhu Sports and Karhu Holding Reach Settlement
Karhu Holding BV and Karhu Sports Oy have today announced that they have reached an amicable settlement of their dispute involving the ownership and control of the Karhu trademarks…
VF Corp Sees Outdoor and Action Sports Stand Out in Tough Fourth Quarter
Driven by strong growth for The North Face and Vans, VF Corp's Outdoor and Action Sports coalition delivered healthy sales and earnings gains in the fourth quarter. But gains at those brands were not enough to offset weakness at the company's ot
IPATH Sponsors Jamaican Surf Team
The Jamaica Surfing Association has attracted a sponsorship deal from IPATH, a footwear brand owned by Timberland. The contract which will run for two years in the first instance with a value in excess of a million Jamaican dollars per year includes cash,
Product Recalls
Dick's Sporting Goods Inc. is recalling about 6,700 Field & Stream dual burner propane-fueled camp stoves that might produce higher-than-expected flames, or ignite unexpectedly, according to the Consumer Product Safety Commission…
Killerspin Signs India’s Table Tennis Champion
Shareth Kamal Achanta (Kamal), one of the world's top international table tennis champions, has agreed to an exclusive endorsement contract with Chicago-based Killerspin. Kamal, 26, is a native of Tamilnadu, India, and distinguished himself as the on
Sport Supply Fiscal Q2 Income Up Triple-Digits
Revenues for Sport Supply Group slipped slightly for the second quarter ended December 31, but the company sustained growth for the front half of fiscal 2009, with top-line growth hovering around 2% for the period…
Sport Chalet Fiscal Q3 Sales Decline 10.3%
Sport Chalet Inc. reported a double-digits decline in sales for the third quarter ended December 28, due primarily to the nation’s economic downturn that led to a much wider net loss for the period…
Adrenalina Launches Board Fight at Pacific Sunwear…
Adrenalina, which has made multiple bids to acquire Pacific Sunwear of California, has nominated a four-member slate to PacSun's board and called for the resignation of PacSun's CEO. In a letter dated Feb. 12, Ilia Lekach, chief executive of Adr
Cybex Posts Fourth Quarter Loss After Charge
Cybex International, Inc., reported a fourth quarter decline in sales and expects first quarter 2009 results to be similar due to the current “general economic conditions.”..
Gildan’s Q1 Earnings Tumble, Suspends Guidance
Gildan Activewear reported that fiscal first quarter net income tumbled 84.6% for the period ended January 4, primarily due to significantly lower unit sales volumes, combined with higher cotton and energy costs, and unfavorable product mix…
Asics Lowers Guidance Despite Solid Q3
Asics Corp. reported third quarter net sales of ¥60.42 billion ($628.9 mm), increasing 5.5% from net sales of ¥57.27 billion ($506.3 mm) last year. The company saw growth in both footwear and apparel more than offset a slight decline in equipment sales, b
Mizuno Lowers Outlook After Tough Q3
Mizuno Corp. had a difficult third quarter as continued softness in the global economy slowed sales and caused the company to lower its guidance for the fiscal year that ends at the end of March. The company now anticipates reporting a net loss for the fi
SEC Settles DKS Insider Trading Case
The U.S. Securities and Exchange Commission settled an insider trading case against four individuals, including the former vice president of real estate at Dick's Sporting Goods Inc., related to the DKS acquisition of Galyan's Trading Company in
