SGB Update Outdoor
Sole Technology Names VP of Apparel
Sole Technology announced the addition of Diem Culley as its new vice president of apparel. Before joining Sole Technology, Culley held the position as vice president of merchandising operations, purchasing and planning at O’Neill and Lost and successfull
Gander Mountain Sees Billion Dollar Year Ahead…
Gander Mountain fourth quarter sales increased 16.4% to $326.9 million compared to $280.8 million during the fourth quarter of last year. Comparable store sales inched up 0.4% and were not as strong as management planned due to the warmest December on rec
The Finish Line Q4 Hurt by Weakness in Urban, Mid-Price Product and Paiva Costs…
The Finish Line, Inc. saw considerable pain in its urban formats in the fiscal fourth quarter ended March 3 and pointed to increased promotional activity and lack of differentiation in the mall as the primary reasons for the overall weakness in the athlet
Johnson Outdoors Acquires New Diving Equipment Brand
Johnson Outdoors acquired Seemann Sub, a German diving equipment brand. The family-owned and managed German company was acquired from Robert and Ella Stoss. The transaction, which closed on April 2, 2007, continues Johnson Outdoors’ strategic focus on ac
TJX Says Info From At Least 45.7 Million Cards Stolen
TJX Cos. confirmed that credit- and debit-card information for at least 45.7 million of its customers was stolen in 2003…
Play Ball USA at SGMA Show
Play Ball USA will hold its annual meeting June 10 at the Sands Convention Center in Las Vegas. On June 11, they will hold a silent auction of sports memorabilia at the group’s booth on the trade show floor. Approximately 50 items will be displayed for
Mike Ashley Buys adidas Stake; RBK Moves EU Headquarters
Sports Direct’s Mike Ashley has invested £183 million ($350 mm) on a 3.14% stake in adidas. The entrepreneur used his own resources to buy the adidas stake, rather than those of Sports Direct…
OBIT: Richmond B. Hosley
Richmond B. Hosley, 60, former president, international division for Jockey International Inc., passed away on March 10, 2007. Mr. Hosley was born in 1947 in New Haven, Conn…
Dynacraft Bikes Recall
The CPSC and Dynacraft BSC Inc., of American Canyon, Calif. are recalling about 32,000 Triax PK7 and Vertical PK7 Bicycles. The bicycles were manufactured by Shun Lu Bicycle Company of Guangdong, China…
RECALL: West Marine Inflator Pumps
The CPSC and Stearns Inc., are recalling about 1,400 West Marine Inflator Pumps The recalled units were originally imported by Sevylor, who was recently acquired by Stearns…
VF Corp. Acquires The North Face China Biz
VF Corporation has acquired The North Face branded business in China from its licensee, Korea-based Youngone Corporation. VF will now take over the business in China, where the company sees a potential for $40 million in revenues within five years. In add
Fila Korea Closes on Acquisition of Global Fila License
Fila Korea Ltd. has closed on its acquisition of the global Fila footwear and apparel business from Sport Brands International. The purchase price was not disclosed…
NYC Mayor to Veto Ban on Aluminum Bats
NYC Mayor Michael Bloomberg said Monday he'll veto a bill passed last month to outlaw metal bats from high school baseball in the nation's largest school system, which some believe would make the game safer. The City Council is expected to overr
Joe’s Readies Openings for Bellevue and Kirkland Stores
Joe's Sports, Outdoor & More, formerly G.I. Joe's, said it plans to host community-wide grand openings for new stores in Bellevue and Kirkland, Washington, beginning with ribbon-cuttings at each store at 9 a.m. on Thursday, April 5, 2007…
Tour of Utah Postponed; Executive Director Resigns
The Board of Directors of the Tour of Utah bicycle race announced today that this year’s event will be postponed. After several months of aggressive sales and marketing efforts, the management team was unable to secure the required level of sponsorship su
