SGB Update

Paddle Council Meeting at Canoecopia Establishes Fragile Consensus

With numerous retailers and vendors in town for Canoecopia, Madison, WI proved to be a solid venue to re-start the discussions initiated by the Paddle Council at Outdoor Retailer (OR) Summer Market 2009 and at OIA Rendezvous in September of last year…

Nike Brand Awareness Pushing 99% for Athletic Footwear Buyers

For those working in the sporting goods industry it might be a given, and even before the most recent Olympic Winter Games gave it yet more lift in the market place, the Nike brand was recognized by nearly 99% of all respondents to a recent survey conduct

Nike Again Dominates SportsOneSource Brand Brackets for 2010

With the field of 65 teams now set for the 2010 NCAA Division I Men’s Basketball Championship, Nike will once again be the brand seen the most by viewers of the event, as 78% of the teams (51 total) in the field will sport the Swoosh in some form, e

Phillips-Van Heusen to Buy Tommy Hilfiger for $3 Billion

Phillips-Van Heusen Corp., owner of Calvin Klein, agreed to buy Tommy Hilfiger B.V. for $3.0 billion) plus the assumption of $137 million in liabilities. The consideration includes $2.62 billion in cash and $377.5 million in PVH common stock. The combinat

OBIT: L.D. Agee

L.D. Agee, owner of Agee's Sporting Goods in Murfreesboro, TN, passed away at the age of 74…

Collective Brands Cuts Q4 Loss; Saucony/Sperry Top-Sider Pace Sales

Boosted by significantly higher gross margins, Collective Brands, Inc. slashed its loss in the fourth quarter on slightly improved revenues from strong growth at Saucony and Sperry Top-Sider and a gain at Payless International that offset a modest decline

K-Swiss Launches Global Brand Campaign

K-Swiss will launch a new global campaign aimed at communicating its California roots entitled, “Have an Awesome Day.” The campaign, which includes television spots, print and interactive elements, will break on Monday, March 15, 2010 in the U.S. with its

Alien Workshop Names Marketing Coordinator

DNA Distribution appointed Jeff Dickson as the new marketing coordinator for its Alien Workshop brand. Dickson has years of experience in the skate industry including former positions at Element, as well as Zero and Mystery…

Hibbett Q4 Profits Surge on 9.6% Comp Gain

Hibbett Sports, Inc. reported sales increased 12.1% in the fourth quarter ended Jan. 30, to $166.8 million from $147.9 million a year ago. Comparable store sales increased 9.6%. Earnings jumped 54.0% to $11.8 million, or 40 cents a share, from $7.6 millio

VF Corp. to Open Panama Sourcing Office

VF Corp. will establish a supply chain office to manage purchasing in the Latin America region in Panama City, Panama by October, The Business Journal of the Triad Area reported…

Bikes Belong Launches National Campaign

Bikes Belong officially launched peopleforbikes.org – a brand new initiative to put more people on bikes more often and amplify the bike lobby's voice with electd officials. The campaign was unvieled this week at the National Bike Summit in Washingto

Gerber Recalls Machetes Due to Laceration Hazard

The U.S. Consumer Product Safety Commission, in cooperation with the Gerber Legendary Blades, have announced a voluntary recall of Gerber's Gator Machete and Gator Machete Jr…