SGB Update

Accell Group N.V. Reports 6% Sales Gain for 2009

Dutch cycling group Accell Group N.V. saw full year sales increase 6.0% to €572.6 million ($736.0 mm) in 2009, including 5% organic growth from ongoing product. Growth was driven by demand for electric bikes, bicycles, bicycle parts and accessories.

Crazy Creek Hires New England Rep

Crazy Creek Products, Inc. said Steve Schneider of Schneider Sales Associates has joined the Crazy Creek sales team. Schneider will represent Crazy Creek with dealers in the New England area, including: Connecticut, Maine, Massachusetts, New Hampshire, Rh

Cloudveil Founder Resigns

Cloudveil’s Co-Founder and President Stephen Sullivan has resigned following the recent sale of the brand. As reported, Spyder Active Sports last week sold the outerwear firm to Windsong Brands LLC, a private equity firm based in Westport, CT.

Wenger Opens First U.S. Store

Wenger has opened its first U.S. store, in Boulder, CO. The 3,000 square-foot store will open in April and sell Wenger's new line of technical footwear; tents, sleeping bags and backpacks…

Sturm, Ruger Sees New Products Help Bolster Q4

Sturm, Ruger and Co. Inc. said sales of new products and a strong December boosted results for the fourth quarter of 2009 despite tough comparisons against a year-ago period that saw revenues and earnings spike amidst speculation about an anti-gun agenda

Columbia Taps VF Exec to Head Mountain Hardwear

Columbia Sportswear Company has appointed Topher Gaylord as president of its wholly-owned subsidiary Mountain Hardwear, Inc. Gaylord, formerly president of 7 For All Mankind, will be responsible for product creation, global sales and marketing of Mountain

Orange21 Eyes Brand Growth

With a 15 year pedigree in action sports related eyewear with its SPY Optic brand, Orange21 has defined itself as a top-selling leader in both design and quality of product while establishing a position as an authentic participant in the culture of Action

Adidas and NBA Launch NBA Shop at Champs Sports

The National Basketball Association, Adidas, and Champs Sports announced the launch of the Official NBA Shop at Champs Sports. The NBA Shop will debut in 69 Champs Sports stores this month and will be in the remaining 486 Champs Sports stores nationwide b

New Balance to Sponsor NSSF Outdoor Nationals Event

New Balance announced an official multi-year partnership with the National Scholastic Sports Foundation (NSSF) in the Outdoor Nationals event, renamed the New Balance Outdoor Nationals…

Champion Seeing Double-Digit Growth

Champion brand sales have grown double-digits over the past four years and the brand is now at $1.5 billion in annual sales…

Dillard’s Returns to Profitability

Dillard's, Inc. reported a swing to profit in the fourth quarter from a year ago, reflecting improved margins and lower operating expenses that more than offset a decline in revenues…