SGB Update Footwear
The Conservation Alliance Sends out Second Round of Checks
The Conservation Alliance sent checks totaling $450,000 to 17 organizations working to protect wild places throughout North America. The donations marked the Alliance’s final funding disbursal for 2008, and bring the year’s total to $900,000. This round b
Unifi Names President of New China Subsidiary
Unifi, Inc. named Ed Wickes as president of its new China-based subsidiary, Unifi Textiles (Suzhou) Co., Ltd. (UTSC), which will focus on the development, sales and service of Unifi’s premium value-added yarns for the Asian market…
The SportsOneSource Debate: The Election…
Turns out our industry is about as divided as the rest of the country around which Presidential candidate is best qualified to steward our country. Late last week, SportsOneSource queried subscribers asking how the election of John McCain or Barack Obama
Tender Corp. Secures Private Equity
Tender Corp. secured an investment from private equity firm Prospect Partners, LLC, of Chicago, IL…
TaylorMade-adidas Golf Company to Acquire Ashworth, Inc.
The adidas Group and Ashworth, Inc. announced that the TaylorMade-adidas Golf business segment has entered into a definitive agreement to acquire all of the outstanding shares of Ashworth, Inc. for $1.90 per share in cash. The transaction value is $72.8 m
Timex to Sponsor NYC Marathon
Timex Group USA, Inc. has signed on as the official timing sponsor of the ING New York City Marathon. The sponsorship will last four years, from 2008 through 2011, as part of the company’s ongoing initiative to increase the awareness of its state-of-the-a
BPSA Releases Schedule for 2009 Bicycle Leadership Conference
The Bicycle Product Suppliers Association (BPSA) announced a preliminary agenda for its 2009 Bicycle Leadership Conference (BLC) to be held in conjunction with the Sea Otter Classic, Apr. 15-17, 2009, at the Embassy Suites in Seaside, CA….
Bush Signs Bill Encouraging Bike Commuting
Employers may begin reimbursing employees tax-free for bike commuting costs starting Jan. 1, 2009 under a bill signed by President Bush Oct. 3. After seven years of legislative proposals, the bicycle commuter tax benefit has finally become law. The benefi
Industry Exhibits Silver Lining Amidst Stock Market Travesty
As the media highlighted the historic downturn last week as the worst week ever in the market, there were actually a few positives to be taken from the data compiled on Friday. Crazy swings are often seen as an indicator of a market that is looking for t
Titleist to Return to PGA Show
Titleist is returning to the PGA Merchandise Show for the first time since 2002. The show takes place from Jan. 29-31 in Orlando, FL. Titleist also will participate in the Outdoor Demo Day at the Orange County National Golf Center on Jan. 28…
Buckle Continues Comps Hot Streak, But PacSun and Zumiez Down
Pacific Sunwear of California Inc. reported that sales of $91.2 million for fiscal September decreased 4% from sales of $95.1 million in the year-ago period. Comps for the same period decreased 5%. The numbers include only results from the company’s PacSu
Foot Locker Sued Over Gift-Card Policy
A New Jersey man sued Foot Locker over the store's gift card policies, charging in court papers that they violate New Jersey's consumer laws. In a lawsuit filed in late August in Middlesex County, Sayreville resident Joseph Vona claims that Foot
Crocs Sells Foam Creations Unit
Crocs Inc. has sold certain assets of its Foam Creations business unit located in Quebec City, QU, to a Canadian corporation led by former Foam Creations founder Andrew Reddyhoff…
The SportsOneSource Debate: The Election
Turns out our industry is about as divided as the rest of the country around which Presidential candidate is best qualified to steward our country. Late last week, SportsOneSource queried subscribers asking how the election of John McCain or Barack Obama
Cabela’s Inc. Cuts 10% of Corporate Headquarter Jobs
Cabela's Inc. reduced its workforce by approximately 10% at its corporate headquarters in Sidney, NE. After completing a review of its organizational structure, the company decided to reduce staffing levels in selected areas. The company expects app
