SGB Update

Acushnet Golf Posts Strong Sales and Profit Gains in First Quarter

Fortune Brands, Inc. is reporting that first quarter comparable revenues in the company’s Acushnet Golf segment, which excludes foreign currency exchange rates, the impact of the sale of Cobra and restructuring and other charges sales in the continu

SGMA Partners with Active Network

The Sporting Goods Manufacturers Association (SGMA) has teamed up with The Active Network, Inc., a provider of organization-based cloud computing applications, to understand consumer behavior around U.S. sports participation. In particular, the firms plan

Puma Parent PPR to Acquire Volcom in $607.5 Million Deal

PPR SA, the French-parent of Puma as well as luxury brands such as Gucci and Yves Saint Laurent, agreed to buy action sports-inspired apparel maker Volcom Inc for $607.5 million. Volcom will be the first brand outside Puma in PRR's new Sport & Lifest

Adidas Among Final Bidders for Acushnet Co.

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

Human -powered Recreation Generates 87,000 Jobs in Arizona

More than 87,000 Arizona jobs and $371 million in state tax revenues are supported by “human-powered recreation” such as climbing, hiking, mountain biking and camping in Arizona, according to a study released by the Access Fund, the national o

Broder Bros. Q1 Sales Climb 13.5 Percent

Broder Bros. reported first quarter 2011 sales were $173.9 million compared to $153.5 million for the first quarter 2010. Income from operations for the first quarter 2011 was $6.5 million compared to a loss of $3.3 million for the first quarter 2010…