SGB Update

SFIA Urges Congress to Move on Trade Issues

In letters sent to Congressional leaders, as part of a broader trade coalition, the Sports & Fitness Industry Association (SFIA) is requesting retroactive renewal of the Generalized System of Preferences (GSP) and giving the President passage of Trade Pro

Report: Nike Doubles Headquarters-Expansion Plans

Nike is planning to doubling the size of the headquarters-expansion project originally set two years ago, according to The Oregonian. Revised plans call for the building of two office buildings and two parking garages on the northeast side of its World He

MVP Outdoor Adventures Acquires Booking Company

MVP Outdoor Adventures, a hunting and fishing booking and video production company, announced the purchase of the majority ownership of Worldwide Trophy Adventures (WTA), a company offers global hunt bookings, landowner tags and license application fees..

RECALL 3,000 Black Diamond Ski Poles

Black Diamond Inc. is recalling about 3,000 ski poles because the stainless steel pick in the handgrip can break and fail to slow or stop users from sliding downhill on a snow or ice covered slope, posing a risk of injury…

Outdoor Foundation and Coleman Release Annual Camping Report

Eighty-five percent of the more than 40 million Americans who camped in 2013 took their first camping trip between birth and age 15, indicating the importance of youth excursions to establishing a camping habit, according to the 2014 American Camper Repor

PacSun Hires Chief Marketing Officer

Pacific Sunwear of California, Inc. appointed Amber Fredman-Tarshis as its senior vice president and chief marketing officer. She has experience at Puma, Warner Bros., Victoria's Secret and was most recently CMO at Guess?…

Vista Outdoors Spin-Off Still On

Alliant Techsystems Inc. is moving ahead with plans to spin off its Sporting Group business, which includes Bushnell Optics, as Vista Outdoors. ATK had put the deal on hold pending a review of its proposed merger with Orbital Sciences Corp. following the

FDRA Identifies Top Footwear Factories with Inaugural Recognition

The Footwear Distributors and Retailers of America (FDRA) recognized eight Asian footwear factories for their high level of compliance with its new Code of Conduct Nov. 4 during a reception in Dongguan, China aimed at highlighting the importance of social

Dick’s SG’s Q3 Reaches High End of Guidance

Dick's Sporting Goods reported a slight decline in earnings in the third quarter, but results came in at the higher end of guidance. Consolidated same-store sales increased 1.1 percent with “continued pressures” in golf and hunting keeping comps at t

EORA Lowers Dues by $100 to Draw Bike Reps

The Eastern Outdoor Reps Association board of directors has authorized the trade group to lower its annual membership dues to $100 to $250 a year in 2015 in a bid to attract reps from the bicycle industry…

GoPro to Raise $100 Million in Secondary Offering

GoPro plans to raise $100 million in a secondary offering that will raise about $708 million for its current shareholders, including approximately $315 million for a trust controlled by founder Nicholas Woodman and his wife Jill Woodman, according to esti

Vibram Class Action Settlement Draws 154,927 Claims

Nearly 155,000 claimants will share $2.26 million Vibram USA set aside earlier this year to settle a class action lawsuit alleging the company used unsubstantiated claims to market it Vibram FiveFingers shoes. The numbers mean claimants will receive about

Accell Reports Strengthening Sales and Profitability

Accell Group NV, the Dutch company that sells Raleigh, Diamondback, LaPierre and Haibike bicycles in the United States, expects to book higher sales and profits in the second half based on developments through October…