SGB Update Footwear

Collegiate Pacific Posts Less Than Stellar Q2…

Collegiate Pacific posted sales increases in the second quarter as well as improved margins and flat expenses, but was forced to lower its annual guidance as the sales gains were not quite up to expectations. According to Adam Blumenfeld, CEO, “top line g

SIA: Chain Snow Sports Sales Remain Flat

According to SIA’s retail audit, conducted by Leisure Trends, overall brick & mortar sales for both specialty and chain stores were down 3% in dollars to $1.46 billion for the August through December period, compared to $1.50 billion reported last year. I

Golf Galaxy Officially Part of Dick’s Sporting Goods…

Dick's Sporting Goods, Inc. completed its acquisition of Golf Galaxy, Inc. with each outstanding share of Golf Galaxy common stock converted into the right to receive $18.82 per share in cash, without interest…

Interbike Looks at Timing and Venue Options…

During the tenth annual Bicycle Leadership Conference, Interbike hosted a breakfast presentation titled “Guiding Our Future” in which show director Lance Camisasca shared post-Interbike survey results. The roundtable discussion that followed covered sever

Bälle de Mätch Hires Two New Sales Reps

Bälle de Mätch hired two new sales representatives, Terry Gratz and Laurie Bouch, who have joined the California-based tennis apparel company to manage sales in the Northeast and Southeast regions…

Nike Announces Two- for-One Stock Split

Nike, Inc.'s Board of Directors approved a two-for-one split of both Nike Class A and Class B Common shares. The stock split will be in the form of a 100% stock dividend payable on April 2, 2007 to shareholders of record at the close of business Marc

SSL Adds New Members After Winter Sports Market

Sports Specialists Limited reported a successful Winter Sports Market ’07 with 95% participation from its retailers, on par with last year and over 80 suppliers in attendance. In addition, SSL welcomed three new retailer members including Sportsman Chalet

Umbro Increases Stake in China Joint Venture to 40%

Umbro plc has reached an agreement with Win Hanverky Group to purchase an additional 15% equity stake in its licensee for Greater China, Team & Sports Ltd and enter into a revised distribution agreement. Umbro purchased an initial 25% equity stake in Octo

Everlast Inks Licensing Deal for Holistic Pain Relief Products

Everlast Worldwide Inc. has signed a license agreement with Bossong Mills Inc. to launch the “Everlast Pain Manager,” a graduated compression band for joint pain produced with Bossong's revolutionary carbon fiber technology. This new product will be

Sportlab to Represent Sugoi in Italy

Sugoi Performance Apparel appointed Sportlab S.r.l. as their new sales agency for Italy. Sportlab is active in the Italian sports retail market, based in Volpago near Treviso, has taken over sales to and servicing sports and running retail outlets in the

Collegiate Pacific Narrows Q2 Loss on 6% Sales Increase

Collegiate Pacific Q2 net sales were up 6.4% to $49.4 million for the quarter from $46.4 million for the same period in fiscal 2006. Net income for the quarter was a loss of $871,000 compared to a loss of $971,000 last year. Fully diluted earnings per sha

Hibbett Changes Name and Forms Holding Company

Hibbett Sporting Goods, Inc. changed its name to Hibbett Sports, Inc., which became the holding company for Hibbett Sporting Goods, Inc., effective February 10, 2007. The holding company was formed to correct a technical error with respect to certain of t

A16 Names Vendor and Rep of the Year

Adventure 16 named Icebreaker as its “2006 Vendor of the Year” and that Black Diamond’s Linh Nguyen has been chosen as “2006 Rep of the Year.” Adventure 16 judges its yearly recipients on a dozen criteria ranging from their dedication to specialty retail