SGB Update

New Balance Funds Boston University Field Hockey Facility

Boston University today announced plans for a new state-of-the-art athletic field for field hockey and the entire BU community, made possible in part by a $3 million gift from Boston-based New Balance. The 110,000 square-foot field will be named New Balan

Easton-Bell Sports Partners with Good Sports

Good Sports, a national non-profit organization that provides sports equipment to disadvantaged youth, has teamed up with Easton-Bell Sports to provide a greater number of girls and boys with opportunities to participate in athletic activities…

Nordsrom Ekes Out Meager Q4 Profit Gain

Nordstrom, Inc. reported earnings in the fourth quarter inched up 1.7 percent to $236 million, or $1.11 per diluted share, compared with net earnings of $232 million, or $1.04 per diluted share, for the same quarter last year. Fourth quarter same-store sa

Perry Ellis Acquires Ben Hogan

Perry Ellis International, Inc. has completed the purchase of the worldwide intellectual property rights of the Ben Hogan family of brands from Callaway Golf Co. The company will also assume all license arrangements, including South Korea & Japan, for app

Longworth Industries Names 2011 Reps of the Year

Longworth Industries, parent company of Polarmax, XGO, and AYG 365’s branded technical base layers, named Spence Bocks and Bill Kendall as its reps of the year for 2011 for the Polarmax and AYG Underwear brands, respectively.

Cybex International Profits Resume In Absence of Legal Settlement

Cybex International, Inc. returned to profitability in the fourth quarter after adjusting its earnings to reflect the final costs of settling a multi-million product liability case. But the company also reported an 8 percent gain in net sales fueled large

Ironcald Performance Wear Launches Coleman Glove on Web

Ironclad Performance Wear Corporation is using a limited time, web-exclusive promotion to launch technical performance gloves its developed under license from The Coleman Company for the outdoor sports and camping enthusiast…

Puma’s Q4 Revenues Climb 16 Percent

Puma reported earnings more than doubled in the fourth quarter as currency-neutral sales grew 15.8 percent. Puma said it expects sales to rise by a high-single-digit percentage in 2012 and 2013, and net income to increase at a mid-single-digit pace in eac

Haglöfs Establishes Japanese Subsidiary

Haglöfs has established its own subsidiary in Japan after doing business in thge country for 18 years. Asics acquired the Swedish outdoor brand in 2010…

Riddell Sports Renews Partnership with USA Football

Riddell Sports renewed its partnership with USA Football, the sport's national governing body in the United States. As USA Football's official football helmet and protective equipment partner, Riddell will…

GDP Declined in Europe in Fourth Quarter

Gross domestic product (GDP) fell by 0.3% in both the 17-nation euro area and the 27-nation European Union during the fourth quarter of 2011, compared with the previous quarter, according to flash estimates published by Eurostat, the statistical office of

Jarden Outdoor’s Sales Slow Sharply in Fourth Quarter

Jarden Corp. reported its Outdoor Solutions segment generated net sales of $614.5 million in the fourth quarter ended Dec. 31, 2011, up 1.7 percent from the year earlier quarter. The segment owns such brands as Abu Garci, Berkley, Coleman, ExOfficio, K2,

Hanesbrands Q4 Performance Hurt by Retailer Pull Back

HanesBrands reported fourth quarter, earnings and sales growth were affected by an unexpected and substantial slowing of orders in December because of retailer inventory management. Net sales in the quarter decreased slightly to $1.15 billion, and earning