SGB Update

Hopkins SG Acquires Small Stake in Suplay Products

Hopkins Sporting Goods, an Iowa-based retailer, has acquired a minority stake in Suplay Products, Inc., a leading supplier of a full range of equipment, apparel, and accessories required by amateur wrestlers across the U.S. and around the world…

Merrell and Chaco Announce Key Promotions

Both Merrell and Chaco promoted key team members. Chaco will get two dedicated sales managers while Merrell will continue its commitment to outdoor specialty retailers with a dedicated manager overseeing this important channel of distribution…

U.S. Soccer Sues TSA Over World Cup Ads

Sports Authority was sued by the U.S. Soccer Federation over its advertisements linked to the 2010 FIFA World Cup. The ad, televised during the June 12 U.S. vs. England match showed Taylor Twellman, a forward on the U.S. national team, and Michael Strahan

True Temper Investing in Manufacturing Ops

True Temper Sports is preparing to invest approximately $10 million — its largest capital investment in the last five years — to expand manufacturing capacity of its worldwide operations. Up to 40% of that investment will go to improve its factory in Am

Fila Korea Plots IPO

South Korea's stock exchange last week gave the green light to FILA Korea Ltd.'s move to list its shares on Seoul's main exchange. The company will sell 3.25 million shares in its initial public offering (IPO) in September and list its 8.6

TNF Sets Up $100,000 Explore Fund to Support Youth Outreach

The North Face launched Explore Fund, a $100,000 fund that will support nonprofit organizations focused on getting American youth outdoors. The Fund, supported by a $50,000 donation from the Conservation Fund, will award grants of up to $2,500 to finance

Bushnell and Leupold Settle Lawsuits

Bushnell Inc said it has settled its lawsuits with optics manufacturer Leupold & Stevens with regard to Leupold’s True Ballistic® technology and the Bushnell Angle Range Compensation technology…

Nike’s Ambush Marketing Paying off at World Cup

With its highly-popular “Write the Future” ad campaign, Nike is said to be gaining greater awareness around the World Cup than the event's official sponsor, Adidas. Two separate surveys show Nike is emerging as the most recognized company of the Worl

Callaway Golf Sees Slow March Back to Leader Board

In contrast to the upswing market that appears to be returning to profitability, Callaway anticipates second quarter earnings to increase slightly or remain flat on a per share basis, with estimates ranging from 10 cents to 15 cents per share as opposed t

Black Diamond Equipment To Hold First Annual Meeting During OR

Shareholders of Clarus Corp. will meet Aug. 5 at its headquarters in Salt Lake City – the second to last day of the Outdoor Retailer show – to elect seven directors to its board and rename the company Black Diamond Equipment, Inc., according to a proxy st

Yue Yuen Continues to See Asia and Owned-Retail Drive Q2 Gains

Yue Yuen Industrial Ltd., the Chinese manufacturing behemoth that makes footwear for many key athletic and outdoor brands, reported consolidated net revenues improved 12.8% to $1.34 billion in the fiscal second quarter ended March 31 from $1.19 billion in

CPSC to Delay Policy Concerning Bicycles

In a recent decision, the Consumer Product Safety Commission will stay its policy concerning specific testing and certification provisions affecting bicycles due to a continued lack of third-party labs certified to do the work…

Nautilus Secures New Consumer Financing Program

Nautilus entered into a Private Label Consumer Credit Card Program Agreement with GE Money Bank, effective on June 15 The Program Agreement provides for the terms and conditions under which GE will offer financing to consumers purchasing goods from the c

LaFuma Group H1 Sales and Losses Decline

LaFuma Group reported revenues in the first half ended March 31 declined 6.5%, or 4.1% at constant exchange rates. Losses were trimmed to €800,000 ($960,000), compared to net losses of over €3.2 million ($3.8 mm) in the comparable period a yea