SGB Update

Roger Talermo to Exit Amer Sports

Amer Sports Corp. said its Chief Executive Roger Talermo will leave the company and be replaced by Heikki Takala on April 1, 2010, according to the Associated Press…

The Hartford Sales Group Celebrates 25 Years!

The Hartford Sales Group celebrated its 25th anniversary recently at The Montage Resort in Laguna Beach, California. The Sales Associates presented Larry Hartford, Principal of the agency, with a plaque and a personalized golf bag, thanking him for his &

Alexander Wins Hartford Sales Group MVP Award!

Kevin Alexander was awarded the Hartford Sales Group's MVP award for the Fall 2009 booking season at their recent agency meeting in Laguna Beach, CA. Larry Hartford, the agency's principal, recognized Kevin for his outstanding sales achievement

Essilor Acquires FGX International Holdings

French opthalmic-lens giant Essilor International plans to acquire FGX International Holdings, the Smithfield, RI-based owner of Foster Grant, Gargoyles, Ironman, Champion and Body Glove sunglasses. Under the terms of the merger, FGX International shareh

Delta Apparel Acquires Custom Clothing Business

Delta Apparel Inc has agreed to buy graphics apparel business Art Gun Technologies LLC in a move that takes it into the customized apparel market for the first time. Through its “virtual art studio,” Art Gun provides shoppers the ability to design apparel

Advanced Sports Acquires Oval Concepts

Advanced Sports, Inc., which owns Kestrel, Breezer, Fuji and other bike brands, is buying the cycling components company Oval Concepts. ASI said it has purchased the Oval Concepts brand, trademarks and tooling and has entered into a license agreement for

Gramicci Finds Growth Partner in Haggar

Haggar Clothing Co., the men's dress and casual apparel giant, has secured the master license agreement for the Gramicci brand. The current Gramicci team will continue to operate the business under a licensed agreement but is expected to benefit from

True Temper Completes Financial Restructuring

True Temper Sports, Inc. completed its financial restructuring plan in bankruptcy proceedings. An investor group led by Newport Global Advisors and Providence Equity Partners joined together to acquire a majority equity interest in the golf shafts and per

Amer Won’t Sell Mavic Cycling Business

Amer Sports has decided to keep France-based bicycle component unit Mavic. Amer had announced in September it was mulling “strategic alternatives” with respect to Mavic…

SGMA Launches Trade Association for Fitness Manufacturers

The Sporting Goods Manufacturers Association (SGMA) has created the Association of Fitness Industry Retailers & Manufacturers (AFIRM) to cater to the government affairs, educational and market research needs of fitness industry manufacturers and retailers

American Footwear Act Reintroduced in the House

Reps. Joseph Crowley (D., N.Y.) and Kevin Brady (R., Texas) reintroduced legislation in the House of Representatives that would eliminate duties on certain types of lower-priced and children’s footwear…

Duties on Some Outdoor Footwear Poised to Skyrocket Dec. 31

Makers of certain types of waterproof, breathable outdoor footwear were warned to brace for a huge increase in duties last week after it appeared an agreement to pass a miscellaneous tariff bill (MTB) through Congress collapsed…