SGB Update

Electra Secures Patent for Foot Forward Technology

Electra Bicycle Company says it has secured a U.S. patent for its forward-pedaling design, which puts the crank forward of the seat tube. The “Flat Foot Technology” has been featured in the company's comfort bikes since 2003. The company said the pat

Decathlon Eyeing West Coast Expansion

Oxylane Groupe-Decathlon, the French operator of of the Decathlon chain, has purchased a retail center in Ontario, CA, apparently as part of a return to U.S. retailing…

Sports Footwear Gains Start to Moderate in July

The overall sporting goods and outdoor retail market has seen continued slowing in the retail fiscal month of July, resulting in fiscal second quarter growth that moderated a great deal after a solid start to the year in the first quarter…

Schutt Sports to Pay $30 million to Riddell for Patent Infringement.

Schutt Sports Inc. was recently found guilty in a federal court jury in Madison, WI for patent infringement regarding its DNA and ION football helmets and more specifically, concussion reduction technology features from the Riddell Revolution family of fo

Gun Rights Group Files Suit Against Chicago Ordinance

The Second Amendment Foundation (SAF) has reportedly filed a lawsuit in federal court against the City of Chicagofs new gun ordinance, asserting that gby banning gun ranges open to the public under color of law,h the city is depriving citizens of their

Mountain Hardwear Launches E-Commerce Website

Mountain Hardwear officially launched a new e-commerce site where consumers can buy Mountain Hardwear products online directly from the company for the first time…

Gildan Activewear Posts Solid Fiscal Q3

Citing strong growth in activewear unit sales and lower promotional activity in U.S. distribution channels, Gildan Activewear posted strong sales and earnings growth for the fiscal third quarter ended July 4…

Nautilus Sees Q2 Loss on 24% Revenue Decline

Nautilus, Inc. reported a net loss from continuing operations of $7.0 million, or 23 cents per share, for the second quarter ended June 30, 2010. Sales slid 23.7% to $30.6 million from $40.1 million a year ago…

Head NV Sees Second Quarter Loss Widen Despite Sales Growth

Head NV saw strength in all three of its primary business segments drive single digit revenue growth for the second quarter ended June 30, although certain expenses expanded the company’s net loss by more than 50% for the reporting period…

Athlete Performance Solutions Enters Nike License

Athlete Performance Solutions said it has teamed with Nike Inc. to market performance footwear for Sailing, Rowing, Fencing, Weightlifting, Boxing and Shooting under the Nike brand…