SGB Update

Creditors Approve The Walking Co. Reorg Plan

The Walking Company Holdings, Inc. said that an unsecured creditors committee formed after the company's voluntary Chapter 11 filing, agreed to support the retailer's plan of reorganization filed last week rather than pursue other alternatives.

Hincapie Sportswear Hires Southeast Reps

Hincapie Sportswear, manufacturer of clothing for cyclissts, has hired Tarbell Patten as retail sales representatives for the brand in Kentucky, Mississippi and Northern Alabama…

Two Heisman Winners to Attend National Health Through Fitness Day

Nearly 20 well known figures from the sports world have confirmed their attendance for SGMA’s 11th Annual National Health Through Fitness Day being held March 10 in Washington DC. The honorary chairman this year will be Herschel Walker. Others inclu

Golfsmith Plans Stores in Milwaukee and Brea, CA

Golfsmith International Holdings, Inc. announced two additional new store locations in Milwaukee, WI, and Brea, CA for 2010. The new stores completes the company's new store leasing objectives for 2010 adding to the previously announced new stores in

Stage Stores Appoints Chief Merchant and COO

Stage Stores, Inc. named Richard Maloney chief merchandising officer and Edward Record chief operating officer. Both Maloney and Record will report to Andy Hall, President and CEO…

Life Is Good Introduces Haiti Fundraising T-shirts

The Life is Good Company will donate 100% of its profits from sales of specially-designed t-shirts available online and in participating stores nationwide to relief efforts targeting children impacted by Haiti's devastating earthquake. The shirts fea

Golfsmith to Open Stores in Milwaukee, WI and Brea, CA

Golfsmith International Holdings, Inc. has two added new store locations for 2010 which the company says completes its new store leasing objectives for 2010. Adding to the previously announced new stores in Naples, FL and Overland Park, KS, Golfsmith has

USTR Promotes Haitian Sourcing Initiative at MAGIC Show

U.S. Trade Representative Ron Kirk promoted a plan to encourage U.S. brands and retailers to work toward sourcing 1% of their total apparel production from Haiti during a visit to the MAGIC Marketplace in Las Vegas, NV…

Cabela’s Closes $300 mm Securitization

Cabela’s Incorporated said Cabela’s Credit Card Master Note Trust successfully completed the sale of $300 million of Asset-Backed Notes, Series 2010-I. The securitization transaction included the issuance of $255 million of Class A Notes, whic

Jarden Outdoor Grows Sales 4.7% in Q4, Profits Dip

Jarden Corp. reported sales at its Outdoor Solutions segment, which includes Coleman and K2 Sports, rose 4.7% in the fourth quarter to $517 million from $494 million. Earnings for the segment were down 14% to $49.4 million from $57.3 million a year ago. E

SMC Celebrates 40th Anniversary

Snowsports Merchandising Corporation (SMC), the buying group of specialty ski and snowboard shops in the wintersports industry, celebrated its 40th anniversary at its recently concluded trade show, Winter Sports Market…

Puma Launches Sports-Infused Mobile Phone

Puma launched its first mobile phone, named the Puma Phone, featuring a number of sports-related features, including applications for runners and cyclists that let them keep track of speed, distance and pace. The phone can also keep track of the number of

DNA Beverage Reaches Deal for Meat Snack Products

DNA Beverage Corp, an energy drink maker targeting the action sports community, has entered into a sales, marketing and manufacturing agreement with Monogram Food Solutions for DNA branded meat snack products…

Mizuno Swings to Q3 Profit on Improving Margins

Mizuno Corp. for the second year in a row lowered its fiscal full-year forecast after weak fiscal third quarter sales brought new realities of the business into focus. The company reported last week that the declines in the golf business had moved into po