SGB Update

Derby Cycle AG Reports Nine Month Sales Up 38 Percent

Derby Cycle AG’s revenues reached EUR 198.8 million ($274 mm) in the nine months ended June 30, up 38 percent compared with EUR 144.1 million in first nine months of fiscal year 2009/10. The German company said it sold 413,000 bicycles from the Kalk

Interbike Proposes Trade Association for Bike Reps

Interbike is considering sponsoring the formation of a non-profit association for sales reps. The association would provide discounts on hotels, office supplies, cell phones serves and other business services, said Pat Hus, the show's new management

OR Booth Deals Raise $50K for Conservation Alliance

Twenty outdoor companies raised nearly $50,000 for the Conservation Alliance by selling products at steep discounts and donating portions or 100-percent of proceeds at this month’s Outdoor Retailer show,…

Easton-Bell Sports Appoints New Members to Board

Easton-Bell Sports, Inc., parent of Easton, Bell, Riddell and Giro brands, appointed two new members to its board of directors. David Perdue, CEO of Aquila Group and former CEO and Chairman of Dollar General, will join the board and serve on the compensa

Nordstrom Offers Free Shipping and Returns

Nordstrom Inc. has decided to offer free shipping on online orders for nearly all purchases less than $200. Up to now, the policy had been free shipping only for purchases over $200…

Adidas Aims at Market Leadership in Poland with UEFA EURO 2012

Adidas Group will use the UEFA EURO 2012 as a platform to achieve market leadership in Poland by 2015, CEO Herbert Hainer said Tuesday in Poland. The company expects the sponsorship will enable it to achieve leadership in the soccer category in Poland in

Saks to Open 5 More Off 5th Stores

Saks Inc. will open five Saks Fifth Avenue Off 5th stores in 2012. The stores will be located in Merrimack, NH, Syracuse, NY, Livermore, CA, Grand Prairie, TX, and Nashville, TN…

Peter Millar Looks to Expand Collegiate Licenses

Peter Millar is launching a premium collection of collegiate sportswear, which is licensed by The Collegiate Licensing company, beginning this fall with The University of North Carolina, Chapel Hill. Peter Millar is planning to expand the Collegiate Colle

Rawlings Partners with SmartSports

SmartSports has partnered with Rawlings Sporting Goods Company, Inc. to supply its SmartKage technology systems with high-performance baseball equipment for all of SmartKage's network locations…

Warrior Signs Lacrosse Superstar Paul Rabil

Warrior has signed 2011 MLL Champions Boston Cannons midfielder and 2011 Major League Lacrosse (MLL) MVP Paul Rabil to lead its roster of sponsored lacrosse players. Effective immediately, Rabil will wear and use Warrior gear on the field, while training,

Brunswick Sells Sealine To Investment Group

Brunswick Corporation has sold its Sealine brand of boats, based in Kidderminster, UK, to The Oxford Investment Group. Terms of the transaction were not disclosed. The company is currently determining the amount of restructuring charge associated with t

Li Ning’s Profits Slide 50 Percent in First Half

Li Ning Co Ltd. reported a 50 percent drop in its first half profit on a 4.8 percent decline in sales. The Chinese-athletic footwear and apparel giant said the operating environment is expected to remain challenging due to intensifying competition among