SGB Update

Private Equity Firm Acquires ProSteel

Promus Equity Partners, LLC, the private equity investment arm of Promus Capital, acquired ProSteel Security Products, Inc. Based in Provo, Utah. ProSteel is a leading provider of gun safes marketed under the Browning ProSteel brand, as well as other vaul

Court Halts $66M Jury Verdict Against Cybex

Cybex International, Inc. said a judge has issued a stay in its product liability lawsuit that resulted in a $66 million jury verdict against the exercise equipment maker last year…

Genesco’s Q1 Earnings Surge on 20 Percent Revenue Growth

Genesco Inc. reported earnings from continuing operations jumped 74.4 percent for the first quarter ended April 30, to $15.0 million, or 63 cents per share. Sales for the first quarter of Fiscal 2012 increased 20 percent to $482 million from $401 million

Running Room’s Founder Honored in Canada

The Retail Council of Canada (RCC) announced that John Stanton, president and founder of The Running Room Canada, will be honored as the 2011 inductee into the Canadian Retail Hall of Fame…

Affordable Footwear Act Reintroduced in U.S. Senate

The Affordable Footwear Act has been reintroduced in the U.S. Senate. The legislation aims to lower costs for outdoor industry footwear manufacturers and their customers while supporting U.S. production of outdoor shoes and boots, according to Outdoor Ind

OWAA Elects New Board Members

Outdoor Writers Association of America's membership recently cast votes to elect three new members to the OWAA Board of Directors: Bruce Cochran (Kansas), Mary J. Nickum (Arizona) and Randy Zellers (Arkansas)…

NRA Continues Fight in Wolf Delisting Challenge

The National Rifle Association and Safari Club International (SCI) have filed for intervenor status in a new challenge to the wolf delisting contained in the continuing resolution FY 2011 by the Alliance for the Rocky Mountains…

NorthPole and Krenzien, Krenzien and Associates Form Partnership

NorthPole Limited, a manufacturer of innovative outdoor equipment, recently finalized a representation agreement to expand its market representation with Krenzien, Krenzien, and Associates (KKA), a specialist in sporting goods marketing, to represent Nort

Unique Solar Tree Makes New Store a Landmark

Customers should not have much trouble finding Half-Moon Outfitters new store in Columbia, SC when it opens June 3. They can just head down the 2900 block of Devine Street until they see the giant tree like structure bristling with solar panels and pull i

Foot Locker Reorganizes Management Structure

As part of a management realignment, Foot Locker Inc. said Richard Johnson will be promoted to executive vice president and group president with responsibility for all of the company's domestic and international store banners. Key operational areas w

Syms Explores Possible Sale

Syms Corp. said it is considering selling itself and other strategic alternatives. The company said its board is evaluating alternatives with Rothschild Inc. as an adviser, and doesn't plan on commenting further unless a transaction is approved or if

SwingAway Sports Signs Bryce Harper

SwingAway Sports Products has signed Bryce Harper, Major League Baseballs 2010 No #1 Overall Draft Pick, to an exclusive multi-year contract…

Louisville Slugger Partners with The Nature Conservancy

In recognition of next week's Emerald Ash Borer Awareness week, Louisville Slugger and The Nature Conservancy are teaming up to encourage the public to learn how to spot the signs of the emerald ash borer and take simple steps to help avoid the sprea