SGB Update

Vail Resorts Grows Same-store Sales 6.8 Percent in Fiscal 2011

Vail Resorts, Inc. said season ticket sales as of Sept. 20 were tracking up 9 percent in dollars and 1 percent in units from last year. The company, which operates about 130 specialty snow sports and other sporting goods shops in the western U.S., reporte

Nike Delivers Double-Digit Q1 Sales Growth

Nike Inc. reported revenues climbed 17.5 percent to $6.1 billion from $5.2 billion, and increased 11 percent on a currency-neutral basis. Earnings jumped 15.4 percent to $645 million, or $1.39 a share. Excluding currency changes, reported orders would hav

Finish Line’s Q2 Profits Climb 24 Percent

The Finish Line, Inc. reported sales increased 10.1 percent in its second quarter ended Aug 27, to $331.5 million compared to $301.1 million a year ago. Comparable store sales increased 11.0 percent on top of an increase of 2.0 percent for the same period

LEBRON 9 to Come Out at $170

Nike will launch LeBron James' ninth signature shoe, the LEBRON 9, in October at a suggested retail price of $170. That's about $10 more a pair than Lebron's last signature shoe…

TOMS Shoes Founder’s Book Lands On Best-Seller List

TOMS Founder Blake Mycoskie's book, Start Something That Matters, has landed on USA Today's Best-Selling Books list at No. 24. He's been helped by interviews on CNBC and PBS and a positive review in The Wall Street Journal, according to USA

Bass Pro Faces Federal Suit Alleging Racial Discrimination

The federal government has sued Bass Pro over alleged racial discrimination in its hiring practices dating back to 2005. The Equal Employment Opportunity Commission, a federal agency charged with enforcing anti-discrimination laws in employment, filed a l

Mountain Resort Bookings Continue to Climb

The most recent data released by the Denver-based Mountain Travel Research Program (MTRiP) revealed reservation activity for western mountain destinations remained solid in August. Reservations taken in August for arrivals in August through January are up

Hauptman Leaves L.L. Bean, Opens Design Shop

Jim Hauptman is stepping down as design director at Maine-based outdoor specialty retailer L.L.Bean to launch a new product design/marketing consultancy, in Portland, ME…

QBP Certified to Service XFusion Products

The QBP Shock Treatment Center (STC) has achieved certification as an official XFusion authorized service center for forks, rear shocks and adjustable seat posts. STC is the only X-Fusion distributor service center in North America authorized to repair th

Lacrosse Star Grant Catalino Joins Under Armour Team

Under Armour announced a partnership with professional lacrosse player Grant Catalino, who will be a featured athlete for Under Armour's new hard goods lacrosse equipment and appear across various marketing platforms…

Phiten Adds Los Angeles Clippers Star to Roster

Phiten, the maker of the titanium necklace and metal-infused wellness products, announced its endorsement deal with Los Angeles Clippers shooting guard Eric Gordon. Gordon joins fellow NBA star Carmelo Anthony as an official Phiten athlete…

JD Sports Sees Profits Rise Despite Looting

JD Sports Fashion, the U.K. retailer, said £700,000 of stock was looted in last month's riots in the country while one of its stores has yet to reopen after suffering fire damage. But it still reported a 21 percent jump in profit…

Jack Wolfskin Extends Chinese Partnership 5 Years

Jack Wolfskin intends further expansion in China and has extended the contract for another five years with its current distribution partner, Tristate. That lays the foundation for future growth in China – a country that is today the second-most important