SGB Update

Jetboil to Continue Pressing Patent Infringement Suits

Jetboil President and CEO Perry Dowst said the company's decision to drop its patent infringement action against Primus and Brunton last week in a Delaware court was a business decision and that Jetboil continues to press separate actions alleging vi

Johnson Health Tech’s Q1 Revenues Climb 21 Percent

Johnson Health Tech, Inc. (JHT), manufacturer of Matrix Fitness, Vision Fitness, AFG, Horizon Fitness and Livestrong Fitness equipment, reported a 22 percent gain in domestic sales over the corresponding 2010 time period. Worldwide sales for Q1 rose by 21

Schuylkill Valley Sports Hires Regional Team Rep

Schuylkill Valley Sports announced that Rich Patterson has joined the Schuylkill Valley Sports’ team as a regional team salesman specializing in institutional sales in the Bucks, Montgomery and eastern Chester counties…

Nine West Introduces Collection with Giles Deacon

Nine West, a division of The Jones Group Inc., announced the introduction of its “Shoelaborations” collection with designer Giles Deacon. Shoelaborations is a creative platform that seeks talented individuals doing original work and gives them the opportu

Brown Shoe Closing Notes Offering

Brown Shoe Company, Inc. has consummated its private placement offering of $200 million aggregate principal amount of its 7.12 percent senior notes due 2019 and the early settlement of its previously announced cash tender offer and consent solicitation wi

Bloggers Lobby Against Skechers Shape-ups for Girls

Skechers has been receiving the ire of parent and womens' groups for its ads for its Skechers Shape-ups for girls. According to the Daily Mail in the United Kingdom, the ads, running on Nickelodeon and the Cartoon Network, “depicts cartoon characters

Gildan Activewear’s Q1 Earnings Climb 26 Percent

Gildan Activewear Inc.'s earnings rose 25.8 percent in the first quarter, to $61.4 million, as sales grew 17.4 percent to $383.2 million. The bottom line benefited from higher net selling prices for activewear and growth in activewear. Sales of activ

Electra Co-Founder and Creative Director Departs

Electra Co-Founder and creative director Benno Baenziger is leaving his position at the company this month. He will continue as a shareholder and member of Electra’s board of directors, while exploring new ventures. Benno started Electra in 1993 wit

USOC Awards License to PR Nutrition to Develop Energy Bars

The U.S. Olympic Committee and PR Nutrition, Inc. announced a multi-year licensing agreement in which PR*Bar will consult with USOC sports dietitians to create, develop and sell a line of Team USA performance nutrition bars. The deal marks the first time

Johnson Outdoor Recognized for Disruptive Technology

Johnson Outdoors has been recognized for its prolific patent development work. The company received the ASTRUM Award, presented by MDB Capital Group to shed light on publicly-traded companies possessing disruptive and market changing intellectual property

Mountainsmith Names McFarland National Sales Manager

Mountainsmith named Jonathan McFarland as its national sales manager effective immediately. He is responsible for domestic sales and customer service, including the development of sales strategies and programs as well as customer service functions. McFarl

Macy’s Earnings Soar, Raises 2011 Outlook

Macy's Inc. reported net income of $131 million, or 30 cents a share, for the first quarter ended April 30, nearly six times higher than the $23 million, or 5 cents, it reported a year earlier. Same-store sales rose 5.4 percent while overall sales ro

Heelys Q1 Revenues Slide 7.6 Percent

Heelys, Inc. reported that on a consolidated basis, net sales decreased $549,000 to $6.1 million for the three months ended March 31, 2011, from $6.6 million for the three months ended March 31, 2010…