SGB Update

Federal Waters in Gulf Reopened to Fishing

A day after reopening 5,130 square miles of federal waters off the coasts of Alabama, Mississippi and the Florida Panhandle to commercial and recreational fishing, NOAA Fisheries reopened another 3,114-square-mile block in the north central Gulf at 5 p.m.

Nemo Equipment Targets Europe

Nemo Equipment, Inc., which has doubled sales every year for the last four years, has expanded its international distribution to Germany, Belgium, the Netherlands, Luxemburg, and Norway…

Former Nike Marketing Exec Joins Jack Morton Worldwide

Daryl Butler, formerly director of global consumer experience at Nike for the Jordan brand, will assume the role of senior vice president, managing director of the Los Angeles office of Jack Morton Worldwide…

Deer Breeders Co-Op Joins the American Deer and Wildlife Alliance

The American Deer & Wildlife Alliance (ADWA)has partnered with Deer Breeders Co-Op to promote the deer and wildlife industry. The two organizations will work together to promote the deer industry and increase youth participation in the outdoors, according

New Balance Develops Exclusive Line for Amazon

New Balance has partnered with former supermodel Heidi Klum to create an activewear collection designed exclusively for Amazon. The line aimed at the “modern women on-the-go” will be called Heidi Klum for New Balance…

Nike Launches Running App

Nike, Inc. Launches Nike+ GPS Through Apple Inc.'s app store over Labor Day weekend for iPhone and iPod touch users…

Authentic Brands Group Acquires Tapout and Silver Star Casting

Authentic Brands Group, LLC, has acquired Tapout and Silver Star Casting Company (Silver Star), two of the biggest names in the mixed martial arts (MMA) industry. The buys mark the first major acquisitions for Authentic Brands Group, a buyout group formed

Genesco’s Second Quarter Loss Widens, Acquires Anaconda Sports

Genesco, Inc., as expected, reported its losses from continuing operations slightly narrowed to $2.4 million, or 10 cents a share, in the second-quarter, hurt by sluggish sales at its Journeys' chain and a slew of non-recurring charges…

Sports Direct Sales Rise 8.8% on World Cup Reach

Sports Direct International, the UK’s leading sports retailer, said interim sales relating for the period ending July 25, 2010 were up 8.8% to £408m ($637 mm) (2010: £375m) and gross profit increased 17.8% to £185m ($289 mm) (2010: £157m)…

DSW, Inc. Second Quarter Net Income More Than Triples

Comps climbed 12.5% at its DSW business and 5.7% in its leased business. Healthy increases were seen in both traffic and conversion rates. Women's footwear was up 12%, men's climbed 15%, athletics increased 9% and handbag/accessories gained 6%.

Forzani Cuts Second-Quarter Loss on 6.5% Revenue Gain

The Forzani Group Ltd. cut its net loss in the second quarter ended Aug. 1 with the aid of improved margins and sales. Total revenue was up 6.5% from a year earlier led by a 5.6% increase in retail sales from corporate stores. The Canadian sporting goods