SGB Update

Vail Resorts Buys Out Specialty Sports Venture

Vail Resorts Inc. agreed to purchase the remaining 30% it doesn't own to take full control of the Specialty Sports Venture group of retail stores. The retail joint-venture includes Boulder Ski Deals, Colorado Ski & Golf and Bicycle Village. Both Tom

Weyco’s Earnings Rise in Q1

Weyco Group, Inc. reported sales for the first quarter were $61.0 million, an increase of 4% from 2009 sales of $58.9 million. Net earnings for the quarter were $3.9 million, up from $2.5 million in 2009. Diluted earnings per share were 34 cents per sha

RECALL: Ocean Management Buoyancy Compensators

About 20,000 Buoyancy Compensators used for Scuba Diving and made by Ocean Management Systems Inc., of Middletown, N.Y. are being recalled. The buoyancy compensator seal ring could crack, posing a drowning hazard to divers, according to the The U.S. Consu

Rock/Creek Manager to Present Next Outdoor University Webinar

The marketing and e-commerce director for Rock/Creek will present May 12 “Growing Outdoor Participation…And Your Customer Base,” a live Webinar offering from Outdoor Industry Association's Outdoor University aimed at helping specialty outdoor retaile

HEAD Announces Tennis Promotion

HEAD has launched a new Improve YOUR Game – Reward YOUR Feet promotion. Throughout the month of May, tennis players can purchase a YOUTEKTM tour racquet and receive a pair of HEAD performance tennis shoes for $25…

USDA Donates $500,000 to “More Kids in the Woods”

Agriculture Secretary Tom Vilsack announced that USDA's Forest Service will contribute $500,000 in 2010 to the “More Kids in the Woods” program for projects that promote active lifestyles and connect kids to nature..

Hilco Sells Tommy Armour to The Sports Authority

Hilco Consumer Capital and The Sports Authority, Inc announced the sale of all intellectual property, trademarks and third-party licensee agreements of HCC's Tommy Armour Golf business to Sports Authority…

Lance Armstrong Joins Honey Stinger Ownership Group

Lance Armstrong has joined the ownership group behind Honey Stinger, the Steamboat Springs, CO manufacturer of honey-based nutritional foods. In addition to endorsing the sports nutrition company's products, the Tour de France champion will help them

Ruger’s Q1 Earnings Rise 47% on 8% Sales Gain

Sturm, Ruger & Company, Inc. said first-quarter profit grew 47% to 44 cents per share on an 8% increase in sales to $68.3 million. New product introductions, including the new SR9c pistol, helped drive demand. Products introduced since January 2008 repres

Jones Apparel’s Q1 Profits Surge

Jones Apparel Group Inc.l posted a profit of $39.2 million, or 45 cents a share, up from $300,000 a year earlier. Excluding restructuring and other charges, earnings jumped to 47 cents from 28 cents a share…

BLM Designates 2010 Free Days

In a bid to get Americans into the great outdoors and celebrate the 10th anniversary of the National Landscape Conservation System, the Bureau of Land Management (BLM) will waive visitor fees for a weekend in June, August, September and November…

Ruger Report 8.1% Q1 Sales Surge on Improved Sell-Through

Sturm, Ruger and Company reported net sales for the first quarter of 2010 were $68.3 million, up 8.1% from sales of $63.5 million in the year-ago period. Net income was $8.3 million, or 44 cents per share, as compared with earnings of $5.8 million, or 30

NSGA: Firmer Pricing Stabilized Footwear Sales in 2009

Sales of hiking shoes/boots declined 16% to $873 million in 2009, according to NSGA’s soon-to-be-released “Sporting Goods Market in 2010.” The study found that despite a 4% decline in unit sales, the overall athletic and sports footwear