SGB Update

Orange 21’s President to Assume CEO Role

Orange 21, the parent of Spy Optic, said that effective Dec. 15, 2011, Carol Montgomery will join the company’s board of directors, making way for current President Michael Marckx to assume the additional role of CEO…

Obermeyer Hires Former Burton Exec to Lead Sales

Sport Obermeyer hired Linda Rodney, formerly of Burton Snowboards, as national sales director. Rodney will be responsible for the direction and management of all sales and business development at the Aspen, CO-based maker of snow sports apparel, including

Big 5’s Q3 Profits Slump 15 Percent

Big 5 Sporting Goods said comps were flat due to challenging economic conditions in its markets. Earnings slid 14.7 percent but exceeded internal guidance. The retailer said it amended its credit facility to lower the interest rates it pays and extend the

Escalade Sees Flat Revenues in Q3

Escalade, Inc. announced that revenues for the third quarter of 2011 were relatively flat with the same period in 2010. Concern over economic volatility has resulted in retailers cautiously managing inventory levels, which has slowed sales growth in certa

Skechers Plans Super Bowl Commercial for GOrun

Skechers is planning an extensive multimedia campaign to support the launch of its minimal running shoe, GOrun, including an ad that will air during the 2012 Super Bowl as well as ones around the Men's Olympic Trials. Beyond television, print, outdoo

ICE Seizes 58 Counterfeit MLB Product Websites

With the conclusion of Major League Baseball's 2011 World Series, U.S. Immigration and Customs Enforcement's (ICE) Homeland Security Investigations (HSI) and the National Intellectual Property Rights Coordination Center (IPR Center) have announc

CamelBak 2010 Sales Reached $122.2 Million

CamelBak had net sales of $122.2 million in the year ended Dec. 31, according to audited financial statements filed Monday by Compass Diversified Holdings, Inc., which acquired CamelBak in late August. Unaudited financial statements included in the filing

Adidas Installs Virtual Footwear Wall

Adidas has installed a first of its kind, Virtual Footwear Wall, at its flagship London store, Oxford Street. The installation enables customers to pre-order new footwear via a fully interactive experience…

Steven Madden 3Q Profit Up 39 Percent

Steve Madden reported sales in the third quarter increased 70.5 percent to $313.9 million, bolstered by acquisitions and double-digit organic growth. Net income increased 39.3 percent to $31.9 million, or 74 cents per share, compared to $22.9 million, or

Skechers Pier to Pier Friendship Walk Raises $520,000

The Skechers Foundation today announced that more than $520,000 was raised for children with special needs and education through its Skechers Pier to Pier Friendship Walk. The 2011 donations were significantly higher than last year's Pier to Pier Wal

LeMond Fitness Names CFO

LeMond Fitness, maker of industry-leading cycling and fitness products, today announced the appointment of Raymond Calvert as senior vice president and chief Financial Officer.

Nike Launches Basketball Never Stops Campaign

To mark what is typically the start of the professional basketball season, Nike previewed its Basketball Never Stops campaign which made its prime time debut this Sunday, October 30. The first commercial of the campaign – entitled Spotlight – stars basket

Trilantic Capital Buying Implus from AEA Investors

Trilantic Capital Partners, a private equity firm, has partnered with management to acquire Implus Corporation, a leader in the footwear, outdoor and fitness accessories markets. In the transaction, Trilantic will partner with founding family member and C

Black Diamond Rehires Mecham as Director of N.A. Sales

Black Diamond Equipment has hired Brian Mecham as director of North America sales. Mecham returns to Black Diamond, where he worked as a sales representative from 1997 to 2001, having most recently been employed by Patagonia as western regional sales mana

Black Diamond Rehires Mecham as Director of N.A. Sales

Black Diamond Equipment has hired Brian Mecham as director of North America sales. Mecham returns to Black Diamond, where he worked as a sales representative from 1997 to 2001, having most recently been employed by Patagonia as western regional sales mana