SGB Update

Bass Pro Shops to Sponsor NASCAR Race Car

Bass Pro Shops has partnered with the National Rifle Association (NRA) to sponsor the No. 39 Chevrolet Impala driven by Ryan Newman in the July 2 Coke Zero 400 NASCAR Sprint Cup Series race at Daytona (Fla.) International Speedway…

Fila Korea Inks Licensing Pacts Across EMEA

Fila Korea Ltd. has signed a number of licensing partnership deals with companies in Europe, the Middle East and Africa to expand its overseas sales. The firms include JD Sports Fashion in the U.K./Ireland, Dosenbach AG in Switzerland, Russia's Spor

Columbia Gets Conviction China Counterfeiters

After years of working with Chinese authorities to enforce its intellectual property rights, Columbia Sportswear reached a milestone last week by not only securing its first conviction of counterfeiters in China, but securing jail terms for them…

Garmin Acquires Navigon

Garmin Ltd. agreed to acquire Navigon AG, a German company that has a seven percent share in portable navigations devices (PND) and top selling navigation apps for the iPhone and Android platforms in Europe…

Crocs Chairman Sharp Retires, Replaced by Smach

Crocs, Inc.'s Chairman of the Board Richard Sharp, retired from his position and from Crocs’ board of directors after six months of taking a leave of absence for personal reasons. Thomas Smach has been appointed chairman of the board, effective

Consumer Confidence Hits Seven-Month Low

The Conference Board Consumer Confidence Index, which had declined in May, decreased again in June. The Index now stands at 58.5 (1985=100), down from 61.7 in May and to its lowest point since November, 2010. The Present Situation Index decreased to 37.6

Accell Subsidiary Acquires Vartex

Accell Group N.V. said an agreement has been reached on the acquisition by its subsidiary Batavus of all shares in Vartex AB. Vartex is a trading company in bicycles and bicycle parts based in Varberg, Sweden…

Callaway Golf’s CEO Resigns

Callaway Golf Company has announced the appointment of Anthony S. “Tony” Thornley as interim president and chief executive officer, filling a vacancy created by George Fellows, who resigned for personal reasons. The company also forecast weak second-quart

Asia Outdoor Launching asia bike Trade Show

Organizers of the Asia Outdoor trade show in Nanjing, China have expanded exhibition space by 25 percent to launch asia bike, a new show that will focus cycling and spin off on its own next year…

L.L. Bean Adding Three Stores in Northeast

L.L.Bean plans to open new stores in King of Prussia, PA; Yonkers, NY; and Paramus, NJ. By the end of 2011, the company will operate a total of 17 retail stores outside its home state of Maine…

Study: Chi Running Provides Benefits

A 2011 survey from ChiLiving, Inc. found 92 percent of respondents agreed that they felt that Chi Running and Chi Walking have played a role in preventing running/walking injuries…

RECALL: Yakima Flipside 4 Bike Hitch Carriers

Yakima Products, Inc. has decided that a defect which relates to motor vehicle safety exists in certain aftermarket FlipSide 4 bike hitch carriers (NHTSA campaign # 11E-025).