SGB Update

RECALL: 3,500 Felt Tri-Bikes

Felt Bicycles of Irvine, CA is recalling about 3,500 more of its 2008 and 2010 model year triathlon bicycles because the steer tube on the bicycle fork can break and cause the rider to lose control, posing a risk of injury.

New Pentagon Policy Seen as Boost to US Footwear Manufacturers

Acting Deputy Secretary of Defense Christine Fox announced Friday that the Department of Defense will provide military recruits with American-made footwear, rather than giving them a stipend to buy their own training shoes. New Balance, which had lobbied

Goal Zero Hires Former REI SVP Lee Fromson as President/COO

Goal Zero has appointed Lee Fromson, REI's former senior vice president of merchandising, as its president and chief operating officer as part of several changes to its executive team. Current President and CEO Joe Atkin has assumed the role of co-ch

Flip Flop Shops Announces Caribbean Development Deal

Flip Flop Shops inked a master franchise agreement with the team behind Happy Toes Caribbean. The agreement calls for the establishment and development of at least 20 new shops throughout the islands, the first of which will open in Aruba…

Osprey Packs Name Former Kelty Chief to New COO Post

Osprey Packs, Inc. has named the former leader of rival backpack brand Kelty to the newly created role of chief operating officer, where he will head take over many administrative duties alongside CEO Tom Barney…

Boxercraft Partners with Minor League Baseball

Boxercraft has partnered with Minor League Baseball (MiLB) through a national retail apparel license agreement. Boxercraft’s classic and historic line of loungewear will be available to consumers for all 160 clubs beginning this season…

New Wave Group Says Higher Marketing Costs Trimmed Q1 Earnings

New Wave Group reported lower income on higher sales at its Sports & Leisure segment in the first quarter as higher sales and marketing costs ate into margins. The Swedish company is ramping up hiring in a bid to make its Craft, Seger and Cutter & Buck br