SGB Update

Forzani Group Slashes Fiscal Second Quarter Loss on Stronger Comps

The Forzani Group Ltd. cut its net losses in the second quarter ended Aug. 1 by nearly 60% from the year earlier period, thanks to higher sales and improved margins. Company management said the 2010 FIFA World Cup and its launch of Nike’s Livestron

K-Swiss Enters Accessory Licensing Deal

Active Energy, a division of Accessory Exchange, has inked a deal with K-Swiss to become its exclusive accessory licensee. Active Energy will produce and distribute accessories to include socks, sport bags, and headwear…

Tapout Acquisition Part of MMA Deal Trifecta

In a monumental development within the fast-growing industry of Mixed Martial Arts-inspired clothing, Toronto-based Authentic Brands Group, which is headed by sporting goods industry dealmeister Jamie Salter, has acquired three MMA apparel brands, includi

VF Licensed Sports Group Realigns Sales Organization

VF Licensed Sports Group said it will align the division's sales organization along key strategic channels. The changes are designed to enable LSG to provide a focused approach to assortment planning, inventory management, replenishment and marketing

Bureau of ATF Awards Glock Ten-Year Contract

The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) has awarded GLOCK, Inc. an unrestricted open market competitive firm-fixed Indefinite Delivery Indefinite Quantity (IDIQ) multiple-award contract…

Remington CEO Resigns

Remington Arms Company and its parent, Freedom Group, Inc. announced said their Board of Directors has accepted the resignation of Theodore (Ted) Torbeck as their CEO and director for both entities, effective September 24th…

Ferrand Associates’ Bill Lockwood Elected EORA President

Bill Lockwood of the Mid-Atlantic region Ferrand Associates was elected unanimously by the EORA board of directors to service as the association's new president. Outgoing President Al Diamond had served as the association president for the past two y

OIWC Recognizes Pioneers in Bike Industry

The Outdoor Industries Women’s Coalition (OIWC) named Ellen Johnson and Tara Moeller as the winners of the 2010 Bike Industry Pioneering Woman and First Ascent awards…

Lululemon’s Q2 Earnings More Than Double on 31% Comp Gain

Lululemon Athletica Inc. reported revenue jumped 55.8% in the second quater, to $152.2 million from $97.7 million in the year-ago period. Comparable-store sales increased by 31% on a constant-dollar basis. Profits more than doubled to $41.4 million, or 58