SGB Update

GoLite Files Bankruptcy, Seeks to Avoid Liquidiation

GoLite, which filed for Chapter 11 bankruptcy last week, filed an emergency motion for debtor in possession financing Monday it said was critical to selling the company as a going concern. GoLite has closed 14 of its 20 stores opened after converting to a

VF Corp’s Outdoor Brands Help Drive Q3 Growth

VF Corp. said Timberland, Vans, The North Face, Kipling and Wrangler drove a 7 percent increase in revenues and an 11 percent increase in earnings per share in the third quarter ended Sept. 27, 2014. In the Americas, revenue were up low double-digits at T

VF Corp Ups Guidance as Q3 Earnings Climb

VF Corp. reported earnings rose 8.5 percent in its third quarter, to $470.5 million, or $1.08 a share. Revenues rose 6.7 percent to $3.49 billion. Outdoor & Action Sports revenues grew 11 percent including a 9 percent increase in The North Face brand reve

Fletcher Sport Brands Appoints President

Fletcher Sport Brands, the parent of the Sunice golf brand, appointed Conrad Tappert as president of FSB effective Oct. 20. Tappert succeeds Mark Fletcher, who decided to leave the company to pursue other opportunities. Tappert will be based in Montreal,

Skechers Signs Ringo Starr

Ringo Star will be bringing his legendary talents and style to Skechers where he’s set to appear in the footwear company’s global marketing campaign for Skechers Relaxed Fit footwear…

Benchmade Hires Product Line Manager

Benchmade Knife Company, manufacturer of premium sports cutlery for the last 26 years, hired Greg Hall as a new product line manager…

Gibbon Slacklines Opens US Subsidiary in Miami

Gibbon, the biggest slackline brand worldwide, has opened the offices of its new U.S. subsidiary Gibbon USA Inc. in Miami, FL. Gibbon USA Inc. has contracted a third-party logistics providers to handle distribution partner from a warehouse in Los Angeles.

Reebok Bid Imminent

Reebok is being targeted for acquisition, The Wall Street Journal reported Monday. An investment group that includes a Chinese private equity firm and affiliates of Abu Dhabi's sovereign wealth fund is on the verge of making an unsolicited $2.2 billi

Stanford, CSU and CU Boulder Ranked Top Outdoor Schools

Stanford University, Colorado State University (Fort Collins) and the University of Colorado (Boulder) took the top three spots in the 35 Best Outdoor Schools in America ranking by Best College Reviews. The ranking is based on information from interviews

Timberland Paces VF’s Robust Q3

Led by accelerating momentum seen at Timberland, VF Corp. reported third-quarter earnings rose 8.5 percent in the third quarter, to $470.5 million, or $1.08 a share. Revenues grew 6.7 percent, to $3.49 billion. Results came in just short of Wall Street&#0

Evo Poised to Open Portland Store

Seattle-based Evo, considered one of the most influential retail brands in actions sports, was on the brink last week of opening its highly anticipated store in Portland, OR…

C4 Waterman Outposts Opens in Honolulu

C4 Waterman held a grand opening celebration at their Outpost retail showroom at 515 Ward Ave. in Honolulu. This celebration launches the next chapter for the Hawaii based brand C4 Waterman and its parent company Wenonah Canoe Inc…

Gibbon USA Inc. Opens in Miami

Eleven weeks after being dropped by its U.S. distributor on the eve of Outdoor Retailer Summer Market, Gibbon Slacklines has established a U.S. subsidiary in Miami, FL that will open for business Monday, The B.O.S.S. Report has learned…