SGB Update Footwear
Report:: Burton Lays Off 30
Burton Snowboards reportedly let go of approximately 30 employees company wide, according to a report on the website of Transworld Business. Sources told the trade magazine that the company has eliminated The Syndicate staff on the West Coast, as well as
REI to Open in Westminster, Colo.
Recreational Equipment, Inc. plans to open a new store in Westminster, Colo. at The Orchard Town Center in the spring of 2009. Westminster will be the eighth REI location in Colorado. The co-op currently has more than 237,000 active REI members in the Den
Under Armour to Sponsor the University of Utah
Under Armour, Inc. and The University of Utah announced a multi-faceted five-year partnership that designates Under Armour as the official performance apparel and footwear outfitter for the University of Utah football team. Under Armour will supply Utah&#
Nation’s Best Sports Partners with GE
Nation's Best Sports announced a multi-year agreement to provide the GE Money Sport Finance program through more than 1,000 retail locations throughout the U.S. and Canada. The consumer credit program, managed by GE Money's Sales Finance unit, e
Sports Belle Recovering After Fire…
Sports Belle Inc., the sports uniform supplier based in Knoxville, Tenn., is recovering after a fire on March 16 destroyed its headquarters and main factory in Knoxville. The facility employed 50 people…
Vietnam Nike Factory Remains Closed…
A strike at a Nike factory in Vietnam closed down the plant last week after a pay dispute led to a walkout by as many as 20,000 workers. Workers at the Taiwanese-owned factory went on strike last Monday at the Ching Luh factory in southern Long An provinc
Broder Bros. Records Loss on One-Time Charges…
Broder Bros., Co. reported net sales in the fourth quarter decreased 3.4% to $232.7 million compared to $240.9 million a year ago. The company’s Broder division generated fourth quarter 2007 net sales of $90.0 million, down 8.2% from $98.0 million in the
Win Hanverky Ties 2008 Growth Plans to China Market…
Hong Kong-based apparel maker, distributor and retailer Win Hanverky is shifting its focus away from a stagnant U.S. economy and toward China’s booming domestic market in 2008…
Shoe Pavilion Logs $16.3M Loss for 2007
Shoe Pavilion reported in a filing with the SEC that net sales for 2007 increased 18.2% to $152.6 million from $129.1 million. The growth reflected increased sales of $7.6 million generated from 15 new stores opened in fiscal year 2007 and a comparable st
New Confluence CEO Settles In, Adds to Team…
When Sue Rechner was named CEO of Confluence Watersports Company in December as part of a major overhaul of the paddling industry giant, she stepped into what many saw as a pretty tough position. The company had spent another season disappointing independ
White Sierra Seeks Retailers in China
White Sierra will push into China's domestic market this year with its outdoor and sports apparel, packs, bags and footwear. The company said a successful showing at ispo China and a shift to a two-day weekend in China bode well for the outdoor indus
Jack Hillerich Sells Stake in Minor League Team
Jack Hillerich, chairman of Hillerich & Bradsby Co. Inc., sold his stake in the Louisville Bats minor league baseball team to other Bats partners. According to the Business First of Louisville, he's also handing off the last of his administrative dut
Play It Again Sports Celebrates Brand’s 25th Anniversary
Play It Again Sports will be holding events this April and throughout the year in celebration of the brand's 25th anniversary this year. the chain now has nearly 400 locations nationwide…
FINA Clears Speedo Swimsuits
The International Swimming Federation (FINA) insisted there is no evidence Speedo's LZR Racer suit gives swimmers an unfair advantage. Said the governing body said in an official statement, “FINA is always willing to examine issues in connection with
Black Diamond Makes New Hires
Black Diamond Equipment Ltd. announced a new round of hires, athletes and general growth coming off a nationally strong winter. The new hires include Andreas Schmidt as a Graphic Designer and the promotion of Matt Law to the position of Creative Director.
