SGB Update

Nike’s Q4 Earnings Soar 53% on 8% Revenue Gain

Nike Inc. reported sales grew 8% in the fourth quarter ended May 31, to $5.1 billion from $4.7 billion for the same period last year. Excluding changes in currency exchange rates, net revenues were up 4% compared to the same period last year. Fourth quar

Oil Spill Threat to Florida Lessens

The National Oceanic and Atmospheric Administration has suspended daily production of offshore Transocean/BP oil spill trajectory maps because a change in ocean currents has minimized impact risks to the Florida Keys and most of the Florida peninsula…

2010-2011 Duck Stamp Debuts at Hanover, MD Bass Pro Shops

The U.S. Fish and Wildlife Service will host the First Day of Sale for the 2010-2011 Federal Duck Stamp and Junior Duck Stamp on June 25 at Bass Pro Shops Outdoor World, located at Arundel Mills in Hanover, MD…

Kokatat Hires New Dealer Rep, Promotes Another

Kokatat has hired Scott Frank as its new customer and dealer service representative at its Arcata, CA headquarters. Additionally, Matt Porter has been promoted to the position of Marketing Event/Product Manager, effective immediately…

Outdoor Nation Prompts TNF to Boost Explore Fund

The North Face more than doubled its funding commitment to the Explore Fund (www.explorefund.org) to $250,000, citing the success of the Outdoor Nation Youth Summit and Festival over the weekend in New York City. The grant-giving program supports nonprofi

Brooks Sports Appoints Director or Apparel Merchandising

Brooks Sports, Inc. added Kurt Heimbach to its management team as director of apparel merchandising. Prior to joining Brooks, Heimbach served as the global apparel director for men's and women's running, tennis, and basketball at Reebok Internat

China Returns to Top Spot in Global Retail Index

China ranks #1 in this year's Global Retail Development Index (GRDI) released Monday by management consulting firm A.T. Kearney. With China's decision to lift the yuan's peg to the dollar, GRDI concluded the country is an even more attracti

Adidas Names Creative Director for Adidas Sport Style

Adidas said it hired Dirk Schonberger as creative director of the Adidas Sport Style Division. He will lead the creative direction for Adidas' various divisions that target the lifestyle and fashion consumer, namely Y-3, Originals, Adidas SLVR, Porsc

Antiqua Group Honors Best Sales Reps

The Antigua Group, Inc., the maker of golf and sports apparel under its Antigua brand, has named Gary Chittenden its Salesman of the Year…

Total Apparel Group to Undergo Foreign Stock Transfer

MIT Associates Inc., the provider of tax minimization, asset management and securities servicing, announced their intent to acquire all outstanding shares of common stock of Total Apparel Group Inc., issued in the last few years to overseas investors as p

PEP Grant Applications Now Being Accepted

The U.S. Department of Education is now accepting Carol M. White Physical Education Program (PEP) grant applications for the upcoming school year, according to the Sporting Goods Manufacturer's Association. It is estimated that nearly $40 million wil