SGB Update

The Bike Cooperative to Press Vendors on Internet Pricing

The Bike Cooperative, which provides marketing, buying and other services to hundreds of independent bike dealers (IBDs), has tasked its Member Product Committee with developing an Internet Pricing Policy that it will ask all vendors to follow. The policy

Garmin to Face Intense Competition in Sports and Fitness Category

Garmin will face much more competition in the market for wearable sports and fitness activity sensors in coming years as a new generation of devices collect and automatically share data online, according to a new research study. Competition from athletic

Skullcandy Swings to a Profit as Sales Jump

Skullcandy, Inc., the maker of headphones, earbuds and gaming headsets targeting the action sports and outdoor space, reported fourth quarter net sales increased 29.0 percent to $83.4 million, with domestic net sales increasing 27.0 percent, international

Native and Costa Power A.T. Cross Sales in Q4

A.T. Cross Company said sales at its Cross Optical Group (COG), which owns the Costa and Native sunglass brands, reached $12.8 million in the fourth quarter ended Dec. 31, 2011, a 12.0 percent increase compared to last year. COG sales grew 19.8 percent to

TJX Q4 Profit Rises 42 Percent

The TJX Companies, Inc. said that for the 13-week fourth quarter ended Jan. 28, net sales were $6.7 billion, a 6 percent increase over the prior year. Consolidated comparable store sales for the quarter increased 7 percent over the prior year…

TJX Q4 Profit Rises 42 Percent

The TJX Companies, Inc. said that for the 13-week fourth quarter ended Jan. 28, net sales were $6.7 billion, a 6 percent increase over the prior year. Consolidated comparable store sales for the quarter increased 7 percent over the prior year…

SGMA Names Ron Rosenbaum as SVP, Marketing and Business Development

The Sporting Goods Manufacturers Association (SGMA) appointed Ron Rosenbaum to its management team. As SGMA’s senior vice president of marketing & business development, Rosenbaum will provide direction and oversight to marketing, fundraising, membe

RECALL: 296 Atherton Pro Handlebar Stems

Shimano Corp. is recalling nearly 300 mountain bike handlebar stems it distributed in North America because the bolts holding the front plate of the stem to the stem body can be pulled out of the threads while the bike is being ridden, causing the rider t

Report: Tennis Players More Strategic Around Purchases

According to a report from the Tennis Industry Association, more than three-fourths of frequent tennis players have become more strategic in how they buy things, thinking more about how their purchases will fit into their lives…

Puma to Investigate Shootings Outside Cambodia Factory

At least three striking garment workers were wounded by gunshots Monday while protesting outside their factory in southeastern Cambodia. The factory is Taiwanese-owned and makes footwear for the Puma brand, according to the Phnom Penh Post newspaper. Puma

Competitor Group Buys Second D.C. Marathon Event

Competitor Group, Inc. (CGI), a San Diego-based media and event promoter in the active lifestyle industry, acquired Nation’s Triathlon and disclosed a multi-year partnership with Washington Sports & Event Management, LLC (WSEM)…

Iconix Forms India Joint Venture

Iconix Brand Group, Inc. and Reliance Brands Limited, a part of the Reliance Industries Group, the largest private sector company in India, announced the formation of a joint venture company in India. The partnership marks the next step in a global expan