SGB Update

Nike Amends Credit Facility

Nike Inc. has amended its credit line on Nov. 1, according to a filing with the Securities & Exchange Commission. The credit agreement provides for up to approximately $1.0 billion of borrowings pursuant to a revolving credit facility with the option to i

Mizuno Launches New Running Campaign

Mizuno Running said it is channeling Albert Einstein’s persona and genius to illustrate the company’s unique design and development philosophy that guided the new Wave Rider 15™ running shoe. The seven-figure fully integrated marketing campaig

RecoFit Compression Shifts to L.A. Factory

RecoFit Compression Components is pleased to announce that it can now say it is “Made in the USA” after moving production from Canada to Los Angeles…

Amer Sports WebSite to Fulfill Through Dealers

Amer Sports Winter and Outdoor Americas will launch an e-commerce site in the fall of 2012 in a bid to drive consumers to its Salomon and Atomic dealers for fulfillment of winter sports gear. Ski Link is being developed in cooperation with American retail

VF Corp To Acquire Joint Venture in India

VF Corp. announced that its subsidiary, VF Mauritius, has acquired full ownership of VF Arvind Brands Private Limited, a majority-owned joint venture between VF Mauritius and Arvind Limited formed in 2006 to market VF brands in India…

Jarden Partners with Ironman to Launch Sports Wraps

Jarden Consumer Solutions (JCS) will launch a new line of pain relief products in cooperation with World Triathlon Corporation (WTC), which owns the Ironman Series. The product line will feature heated and cold sports wraps that will help athletes with p

Gear to Grow Collecting Tent Poles

In order to restock its tent pole inventory, the not-for-profit Gear to Grow is asking retailers, vendors and consumers to donate surplus or gently broken tent poles to help outfit more than 70 of its beneficiary groups with full tent sets…

Bicyclists Repel Raid on Fed Funding

The U.S. Senate resoundingly defeated Monday a proposal by Sen. Rand Paul's, R-KY, to gut the transportation enhancements budget and shift money invested in bicycling and walking infrastructure to bridge repairs. Bike enthusiasts generated more than

Famous Footwear Hires YandR Chicago for Branding Campaign

Famous Footwear, a division of Brown Shoe Company, Inc., announced its plans an ambitious brand building campaign led by Y&R Chicago. Multi-channel marketing will be the main focus of Y&R's innovation, as Famous Footwear is committed to engaging with

Edwin Watts Golf Acquires Two Golf Shops

Edwin Watts Golf Shops, LLC announced the acquisition of two new stores in the Midwest, including one store in Kansas City, MO, and one store in Overland Park, KS, which marks the first Edwin Watts Golf Shop to open in the state…

Zumiez’s Comps Increase 3.3 Percent in October

Zumiez Inc. announced that net sales for the four-week period ended Oct. 29 increased 11.1 p to $34.9 million, compared to $31.4 million a year ago. Comparable store sales increased 3.3 percent for the four-week period, on top of a comparable store sales

Georgia to Charge Hikers, Cyclists to Use Wildlife Areas Jan. 1

Georgia will begin charging hikers birders, cavers, cyclists and other outdoor recreation users fees to access 32 wildlife areas beginning Jan. 1, 2012, according to the Georgia Department of Natural Resources, Wildlife Resources Division. The new system

Kenneth Cole Productions 3Q Net Income Climbs

Kenneth Cole Productions, Inc. reported that net revenues increased by 7.5 percent, operating income increased 157 percent to $5.9 million versus the prior year's level of $2.3 million, and net income per fully-diluted share increased by 182 percent.