SGB Update

Dick’s SG’s Pittsburgh Marathon Secures Record Entrees

Registrations for the Dick's Sporting Goods Pittsburgh Marathon and its sister events, the UPMC Health Plan Pittsburgh Half Marathon and FedEx Ground Pittsburgh Marathon Relay, are at 13,000. This eclipses last year's record registration of 10,5

Outdoor Product Retail Sales Post Gain for January

According to retail point-of-sale data compiled by SportScanInfo, outdoor equipment, apparel and footwear sales through the sporting goods, mall, department store, and discount/mass channels were up in the mid-single digits for the month of January while

SylvanSport Hires Silver Steep to Review Strategic Options

SylvanSport, the North Carolina maker of a versatile sports and camping trailer, said it had engaged Silver Steep Partners to serve as its exclusive financial advisor and review the company’s strategic options…

Nordstrom Profits Soar in Fourth Quarter Profits

Nordstrom, Inc. reported earnings more than doubled in the fourth quarter to $172 million, or 77 per diluted share, from $68 million, or 31 cents a year ago. Fourth quarter same-store sales increased 6.9% compared with the same period in fiscal 2008. Net

SportScanInfo: Snow Drives Outdoor Sales in January…

With the close of the retail fiscal calendar at the end of last month, retailers nationwide looked back on the most challenging year in recent memory. For retailers selling outdoor equipment and apparel, January, the last month in fiscal 2009, showed mixe

Studies: Title IX Improved Long-Term Health and Wellness

Recently, two studies have highlighted the benefits of team sports for girls. The first of conducted at Wharton School found that women’s education and employment opportunities increased significantly since the enactment of Title IX in 1972. The sec

NSGA Appoints CFO

The National Sporting Goods Association (NSGA) appointed Richard H. Schascheck, CPA, as its new chief financial officer. Schascheck is a 28-year veteran of association management, most recently as vice president of The Sanford Organization…

Zumiez Relocating Washington DC to California

Zumiez Inc. will be closing its Everett Distribution Center and relocating this portion of its business to Corona, CA. The company's headquarters, corporate offices and e-commerce division will remain in Everett, WA. About 170 jobs will be eliminated

Reebok Addresses El Salvador Sweatshop Allegations

In response to a report from that National Labor Committee that claimed that NFL jerseys were sewn under illegal sweatshop conditions in El Salvador, Reebok issued a statement last week saying it had conducted its own initial investigation and “believe th

Quiksilver Claims Victory in Roxywear Lawsuit

Quiksilver, Inc. said it had once again prevailed in its Federal court trial against Kymsta Corporation and Kymsta's claims against Quiksilver and Quiksilver's “Roxy” trademark. Kymsta had appealed Quiksilver's last two trial victories in t

Puma AG Doubles Q4 Profits on Fewer Close-Outs

Puma AG saw its top-line results continue on a negative trend in the fourth quarter, but an improvement in gross margins and a reduction in one-time charges helped double earnings for the period. Still, the fourth quarter turnaround in bottom-line result

Adidas and NBA Launch NBA Shop at Champs Sports

The National Basketball Association (NBA), adidas, and Champs Sport 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 nationw

Eco-Summit Held at Nike Headquarters

Executives from Nike, Starbucks and other companies joined congressmen and labor leaders at Nike's headquarters on February 16 to advocate national climate and energy policies to create new jobs, restore America's competitiveness and provide for