SGB Update

NE Footwear Looking at U.S. Manufacturing

New England Footwear, maker of GoLite Footwear, will receive funding as part of the Green Launching Pad, a joint venture between the state of New Hampshire and the University of New Hampshire designed to help bring new green technologies to market and cre

Asics America Sales Up 18.4 Percent in Fiscal 2011

Asics Corp. said revenues at Asics America Corp jumped 18.4 percent in its fiscal year ended March 31, 2011. The growth was driven by footwear posting its highest sales figures in recent years at over 18 percent, while apparel showed an increase of almost

Taiwanese Owner Eliminates CEO Post at Yakima

Yakima eliminated the position of CEO held by Jerry Heinlen and will now be led by an executive management team reporting to Chairman C.S. Lin, owner of Kemflo International Ltd., the Taiwanese company that acquired Yakima in 2009…

Adidas Said to Be Among Final Acushnet Bidders

Adidas AG and Blackstone Group LP are among the companies vying for Acushnet Co., Fortune Brands Inc.'s golf division that includes Titleist and FootJoy, sources told Bloomberg News. Offers are due May 9, and Fortune Brands may negotiate with multipl

PEP Grants Approved for FY 2011

The U.S. Department of Education announced that PEP will receive $78.84 million in funding for fiscal 2011. That's just 0.2 percent less than the federal government approved in FY 2010. The Sporting Goods Manufacturers Association (SGMA) said the app

Adidas Outdoor’s 2010 Sales Reached Euro 265 Million

Adidas Outdoors’s global sales reached €200 million ($265mm) in 2010 and its sales are growing faster than the 22 percent rate reported by Adidas Group as a whole for the first quarter, Senior Vice President for Global Outdoor Rolf Reinschmidt

Sport Footwear Average Selling Prices Hold Steady in April

Average selling prices for Sport Footwear rose nearly 2 percent to $54.33 for the fiscal month of April, the result of stronger basketball, lightweight running and natural/minimalist running, outdoor and training/fitness footwear sales for the month. The

Canadian Tire Corp. Q1 Retail Sales Up 3.7 Percent

Canadian Tire Corporation, Ltd, (CTC), which announced last week it's intent to acquire Forzani Group Ltd., reported consolidated retail sales increased 3.7% in the first quarter ended April 2, compared to Q1 2010 thanks to strong performance at its

Broder Bros. Q1 Sales Up 13.3 percent

Broder Bros. Co. reported net sales for the first quarter ended March 26 were $173.9 million, up 13.3 percent from sales of $153.5 million for the first quarter 2010…