SGB Update

OIA Topline Report: December Sales Slide 1%

The December 2009 edition of the Outdoor Industry Association (OIA) Outdoor Topline Report found that retail sales for all core outdoor stores combined (chain, internet, specialty) dropped 1% compared to last December, moving from $1.07 billion from $1.06

Saucony Signs First Olympic Sprinter

Saucony, Inc. signed 2008 U.S. Olympian and two-time World Championships gold medalist Wallace Spearmon, Jr. to a multi-year endorsement contract. Spearmon, Jr., the winner of three consecutive World Outdoor Championships 200-meter medals, is the first Ol

Jones Resigns as Chairman of JJB Sports

David Jones has stepped down as company chairman of JJB Sports, effective January 31, due to his long-running battle against Parkinson's disease…

China Protests EU Tariffs

China filed a complaint against European Union shoe tariffs at the World Trade Organization as Beijing continued its legal assault on what it says is unfair Western protectionism. Europe has grown increasingly concerned about China's balance of trade

KEE Action Sports Acquires JT Sports

KEE Action Sports LLC, based in Sewell, NJ, has purchased JT Sports from Jarden Corp. Effective immediately, KEE will be manufacturing and selling the entire line of JT Sports, Brass Eagle, and ViewLoader paintball products…

Ski Market Enters Final Chapter with GOB Sales

Ski Market, which filed for Chapter 11 bankruptcy protection on Dec. 29, 2009, in hopes of finding a buyer, has instead commenced liquidation of its stores. In a bankruptcy auction in Boston held Friday, Gordon Brothers Retail Partners LLC won the right t

Golf Round Totals Down in December

An unseasonably-cold December resulted in a 14.7% decline in monthly golf rounds played compared to the same year-ago period, according the latest figures from Golf Datatech. For the year, rounds remained relatively stable, falling only 0.6% in 2009 from

Walking Co. Keeps Most Stores in New BK Exit Plan

The Walking Company Holdings, Inc. filed a bankruptcy reorganization plan which enables the comfort shoe retailer to keep 207 of its 214 (over 96%) current store locations open and pay off all its debts to trade creditors. It plans to exit Chapter 11 prot

TAG Sold to Lansing Sports’ Philip Rosati

Team Athletic Goods (TAG), the buying group, has been sold to Philip Rosati Sr. of Lansing Sports Shop in Lansing, IL. Rosati, whose family has run the team dealer and retail store in since 1954, will become TAG's CEO…

Vapor Apparel Named Official Apparel Provider of FCC

The Family Circle Cup, one of twenty Sony Ericsson WTA Tour Premier Events, has selected Vapor Apparel to manufacture and design their 2010 apparel for this year's tournament, Lacoste has been the sponsor…

Adidas Restructures U.S. Staff

Adidas America, Inc., last week laid off a small number of employees as part of a U.S. restructuring at its Portland, OR headquarters but indicated that it still expects to see job growth in the U.S. this year…