SGB Update

Performance Sports Group Reports 15 Percent Organic Sales Growth

Performance Sports Group Ltd (PSG) reported revenues in the fiscal fourth quarter ended May 31 increased 30 percent to $112.9 million compared to $86.7 million in the same year-ago quarter. Organic sales, or sales excluding recently acquired Easton Baseba

BPSA Creates E-Bike Committee

The Bicycle Product Suppliers Association (BPSA), responding to the current and future needs of its members, has created an Electric Bicycle Committee, chaired by Currie Technologies President Larry Pizzi…

The Golf Group Reports on Latest Counterfeit Raid in China

The U.S. Golf Manufacturers Anti-Counterfeiting Working Group reported that raids by Chinese law enforcement resulted in the seizure of almost 62,000 counterfeit golf products from two factories in the last two months…

Mammut Says Mild Winter Dragged Down 1H Growth

Mammut increased net revenue by 3.4 percent to CHF 103.6 million in the six months ended June compared the first half of 2013, as the mild winter in central Europe dragged on growth in the rest of Europe, the Americas and Asia..

Ballmer Closes on Acquisition of L.A. Clippers

Former Microsoft CEO Steve Ballmer closed on his acquisition of the Los Angeles Clippers Tuesday from The Sterling Family Trust after a court ruled disgraced former owner Donald Sterling had been properly removed as a co-trustee by his wife…

ICSC Foresees 4-5 Percent Increase in August Chain Store Sales

The International Council of Shopping Centers (ICSC) and Goldman Sachs Weekly Chain Store Sales Index increased 3.2 percent for the week ending Aug. 9 – relative to the prior year and is expected to grow 4-5 percent for the month…

Ever-Glory Sales Surge in Second Quarter

Ever-Glory International Group, Inc. reported sales surged nearly 45 percent in the second quarter ended June 30, 2014 on strong demand from western apparel brands and rapid growth at its own retailing business in the PRC…

Finish Line Youth Foundation Awards Second Quarter Grants

The Finish Line Youth Foundation named recipients of $148,805 in grants for the second quarter of 2014. The 19 grants went to organizations that focus on healthy lifestyles, youth development and special needs in 14 states, including…

Birkenstock Enters Licensing Business

Birkenstock has entered an exclusive agreement with a German company to license its brand in four strategic new markets, including…