SGB Update

Nike Establishes Jill Ker Conway Fellowship Fund

Nike, Inc. and MIT's Political Science Department announced the establishment of the Jill Ker Conway Fellowship Fund. The fund, seeded by a $700,000 gift from Nike, was established in honor of Jill Ker Conway, former president of Smith College and a

Jordan Sues Chinese Company Over Use of Name

Basketball legend Michael Jordan has filed suit in a Chinese court against Qiaodan Sports Company Limited, a Chinese sportswear and footwear manufacturer, for unauthorized use of his name. Nike is reportedly not involved in the lawsuit…

Spark Program to Take Part in SGMA’s Health Through Fitness Day

On March 7, Spark will support its mission to ensure that all American children lead active and healthy lives by attending the Sporting Goods Manufacturers Association’s (SGMA) 13th Annual National Health Through fitness Day in Washington, DC…

West Marine Profits Jump in 2011 on New Store Strategy

West Marine reported net revenues for the fourth quarter ended Dec. 31, 2011 were $113.4 million, an increase of $6.1 million, or 5.7 percent, on a 4.3 percent comp store gain. The company said its strategy of fulfilling wholesale orders through a smaller

ACI International Launches Buyamba Soles

Los Angeles based ACI International announced the launch of their newest brand, Buyamba Soles; a line of footwear and accessories adorned with hand crafted beads from Uganda…

The North Face Updates Apps for Windows Phone

The North Face updated its Trailhead and Snow Report apps with the launch on Windows Phone. In addition to offering a constant stream of weather, trail and route information, both free applications now also feature…

Kohl’s Profit Falls 7.9 Percent Amid Sales Decline

Kohl's Corporation reported fourth quarter diluted earnings per share increased 9 percent to $1.81. Net income for the quarter decreased 8 percent to $455 million, compared to $494 million ($1.66 per diluted share) a year ago. Net sales were $6.0 bil

Korean Free Trade Agreement Kicks in March 15

The U.S.-Korea trade agreement will enter into force – that is, take effect – on March 15, 2012, U.S. Trade Representative Ron Kirk said this week. What impact the agreement will have on the U.S. sporting goods brands is uncertain given that they source m

Dillard’s Q4 Earnings Cilmb

Dillard's, Inc. reported income for the 13 weeks ended Jan. 28, 2012 of $141.5 million, or $2.77 per share. Included in net income for the 13 weeks ended January 28, 2012 is a $44.5 million pre-tax credit ($28.7 million after tax or $0.56 per share)

RECALL: 3,000 Kelty Jogging Strollers

American Recreation Products of Boulder, CO is recalling about 3,000 Kelty single and double jogging strollers because the front wheel can come loose during use and cause the stroller to tip over, posing a fall and injury hazard to children in the strolle