SGB Update

Sweden’s Hestra Beefs Up Colorado Marcomm Team

Hestra, a Swedish maker of of gloves for skiing, cycling, outdoor recreation and leisure, has hired a marketing and communications firm and a lifestyle marketing manager to manage the company’s public relations and communications strategy, online ma

Franz Koch Takes Over as Puma’s CEO

Puma has transformed into a European Corporation in a move designeed to drive further synergies with regard to the Sport & Lifestyle Division of PPR, Puma's majority shareholder. With the completion of the transformation, Franz Koch has become Puma&#

Wenger Raids Counterfeit Backpack Operation

Wenger, maker of the Genuine Swiss Army Knife, has successfully broken-up a counterfeit operation at a factory located in the Huadu district of Guangzhou, China where several hundred fake Wenger backpacks were being manufactured. On July 11th Wenger inves

Munich’s Bike Expo Sees Strong Traffic

More than 6,500 industry professionals from over 50 countries flocked to the Bike Expo in Munich. This represents a further increase of the number of trade show visitors of close to 14 percent over the last show. A total of 301 exhibitors from 22 countrie

VF Corp. Beats Street with Strong Second Quarter

While gearing up for its mega-acquisition of Timberland, VF Corp. is only seeing its own business continue to gain momentum this year. Second quarter earnings rose 17 percent as double-digit sales growth in all segments helped offset rising input costs pr

Costa and Native Drive Q2 Growth at A.T. Cross

Sales of Costa and Native sunglasses continued to drive growth at A.T. Cross & Co. in the second quarter, when sales at Cross Optical Group (COG) rose 21.4 percent to $24.7 million…

LaCrosse Footwear Posts Q2 Loss Despite Sales Gains

LaCrosse Footwear, Inc. reported sales for the second quarter ended June 25 edged up 1.9 percent to $27.1 million as sales growth in the company’s Outdoor offset declines in the Work market, which were fueled by military contract order declines and

Skullcandy Has Solid IPO Debut

Skullcandy Inc.’s IPO raised $188 million before underwriting expenses, with about half the proceeds going to the company and the other half to selling shareholders. The offering was priced Tuesday night at $20, above its previously projected range

Vibram Files Patent Infringement Suit Against Fila

Vibram SpA and its wholly-owned subsidiary, Vibram USA Inc., have filed suit against Fila USA, claiming its “Skele-toes” footwear collection infringes on U.S. patents that cover Vibram's FiveFingers product. Fila has responded that the allegations h