SGB Update

EBay’s Net Falls on GSI-Acquisition Costs

EBay Inc. said costs tied to the $2.4 billion purchase of GSI Commerce Inc., completed in June, cut into net income in the second quarter. For the quarter ended June 30, eBay earned $283.4 million, or 22 cents per share, down 31 percent from $412 million,

Project Permit Expands to Mexico

Project Permit, the permit tagging research initiative led by Bonefish & Tarpon Trust and Costa Sunglasses, is expanding into the Yucatan Peninsula in Mexico. Currently in its second year, Project Permit began as a research study to tag and monitor the p

Tennis Industry Association Adds Board Members

The Tennis Industry Association has added David Malinowski, the tennis category manager for adidas, and Fred Stringfellow, the executive director of the American Sports Builders Association (ASBA), to its board of directors…

Sherbrook SBK Sport Modifies Private Placement

Sherbrook SBK Sport Corp. disclosed new terms of its pending private placement. The Quebec-based ice hockey company will now proceed with a private placement in equity of up to 40,000,000 units of the corporation at a price of 10 cents per unit…

NRF: Back-to-School Sales Expected to be Flat

According to NRF's 2011 Back-to-School survey conducted by BIGresearch, families with children in grades K-12 will spend an average of $603.63 on apparel, school supplies and electronics, within a few dollars of last year's $606.40 average. Tota

Fila USA Inks Accessories License

Fila Luxembourg, S.a.r.l entered into a multi-year licensing agreement with Berkshire Fashions Incorporated for the design, manufacture and sale of Fila branded accessories for the US market. The line will launch in Fall 2011 and will feature a wide vari

$214M in Small Business Lending Funds Disbursed to Banks

The U.S. Department of the Treasury has distributed another $214 million from the Small Business Lending Fund (SBLF), which aims to spur small busines lending by banks holding less than $10 billion in assets. The faster the 17 banks lend out the money, th

Hat World Expands Warehouse Space

Hat World, Inc., which operates the Lids chain as well as the Lids Team Sports business, has added 150,000 square feet of warehouse space at its second facility in Indianapolis, doubling the square footage at that location. The retailer and manufacturer o

Lids Inks Deal for Fan Shops with Universities

Lids Sports Group recently partnered with a number of universities to operate their on-campus fan shops. The colleges include Indiana University, the University of Iowa and Texas Tech University…

Teko Hires Wasatch Reps

Teko Socks announced today the hire of Wasatch Reps for sales representation in the Extended Rocky Mountain region, which includes Utah, New Mexico, Colorado, Wyoming, Idaho and Montana…

Roanoke, VA. Continues Push for Outdoor Businesses

The Roanoke Region in Virginia compares favorably to such outdoor destinations as Asheville, NC; Chattanooga, TN and Boulder, CO when it comes to outdoor recreational amenities, according to a study released by the Roanoke Regional Partnership. The Roanok

LaCrosse Footwear’s Outdoor Sales Rose 18 Percent in Q2

LaCrosse Footwear, Inc. reported sales grew 1.9 percent in the second quarter, to $27.1 million from $26.6 million a year ago. Sales to the Outdoor Market were up 18 percent, offsetting a 5 percent decline to the Work Market…