SGB Update Footwear
Charles River Secures Rights to TopShield
Charles River Apparel announced their nationwide launch of Charles River Sport, their shirt line made exclusively with TopShield moisture management fabric…
Fortune Brands Cuts Q2, FYO8 Outlook
Fortune Brands Inc., which owns the Titleist, Cobra and FootJoy golf brands, slashed its earnings outlook for the second quarter and the full year, citing a challenging consumer environment as a result of soaring fuel costs and a large tax increase in Aus
GolfersMD.com Partners with the Golf Channel
GolfersMD.com, the health, fitness and medicine-related Web site exclusively for golfers, announced a partnership agreement with the Golf Channel where GolfersMD.com will be providing health, fitness, medical and performance information and content by the
Consumer Confidence Hits 16-year Low
The New York-based research group Conference Board said its Consumer Confidence Index dropped to 50.4 in June from a revised 58.1 in May. The reading was the lowest since February 1992, when it was 47.3. Economists had expected the index to decline to 56,
Congress Overrides President Bush’s Farm Bill Veto
The U.S. Congress overrode President Bush's initial veto of the 'Farm Bill,' enacting 14 of the bill's 15 titles into law. Included in the action was the delay of a change to the 'First Sale' rule, which allows the industry t
China on Track to Be No. 2 Retail Market by 2012
TNS Retail Forward forecasts China will sustain double-digit nominal retail sales growth in the next five years despite short-term pressures. This will push the size of the retail market in China to more than $1.4 trillion by 2012, surpassing Japan to bec
Pure Fishing Establishes World Headquarters in Columbia, South Carolina…
Pure Fishing, provider of branded fishing products, today announced plans to establish its world headquarters in Columbia, South Carolina. The Columbia location will contain the Pure Fishing world headquarters staff including senior leadership, sales mana
Nike Signs $46mm Deal with UConn
The University of Connecticut's trustees have approved a 10-year, $46 million contract with Nike Inc. for an exclusive sponsorship deal. Nike will provide all of the varsity teams with uniforms, apparel, footwear, practice gear and equipment with a r
Finnish Running Brand Karhu Acquired
Former Reebok executives, Huub Valkenburg and Jay Duke, have purchased the Finnish running brand, KARHU, including the trademarks and patents of the KARHU brand. Karhu Sporting Goods Oy, previous owner of the brand, remains the licensee for the Scandinavi
Report: Starter Close to Tony Romo Deal
According to Sports Business Daily, Starter, which is owned by Iconix Brand Group, is getting close to a five-year, $10 million endorsement deal with Cowboys QB Tony Romo. According to the daily, Reebok, Romo's previous sponsor, decline to match the
Collective Brand’s CFO Resigns
Collective Brands, Inc. reported that SVP and CFO Ullrich “Rick” E. Porzig announced his retirement. Porzig, 62, has served the company for more than 14 years in positions of increasing responsibility in finance functions. The company is continuing its se
Veltec Adds Rep for Florida
Veltec Sports has added Charlie Allen as an outside sales representative covering the state of Florida. With over 10 years experience in outside sales in the bicycling industry, Allen has worked with Specialized Bicycle Components, Cannondale Bicycle Corp
Report: VF Corp. Closes Three Costa Rican Plants
VF Corp plans to close three factories in Costa Rica by July 16 and dismiss about 400 workers there, according to just-style.com. The announcement comes as Costa Rica is facing rising competition from nearby countries such as Guatemala and Nicaragua, whos
SportsOneSource Study Sees Price Take Top Spot in 2008 ‘How America Shops’ Report…
The active sports lifestyle market may be surprised by how consumers view the retail landscape in the industry today. A recent study found that price has become the number one motivating factor in determining where to shop for sporting goods or athletic
Dick’s Sporting Goods Sees Fitness Rebound…
Just a few weeks after saying the company would not meet guidance for the year, Dick’s Sporting Goods Chairman and CEO Ed Stack told investors and analysts gathered at the William Blair Growth Stock Conference in Chicago that its fitness business had turn
