SGB Update

The Bon-Ton Stores Secures Credit Line

A unit of GE Capital said it became co-collateral agent for a $625 million asset-based credit facility for The Bon-Ton Stores, Inc. department store chain. The loan will be used to refinance existing debt and for working capital needs. GE Capital Markets

Exped Bolsters North American Team

Exped LLC, the North American subsidiary of Swiss gear maker Exped AG, has hired industry veteran Dave Perella as Director of Customer Service and Logistics…

Point6 Adds Reps in West

Point6, designer and manufacturer of wool socks, takes on two new sales representatives, Smoky Anderson and Owen Dennehy to cover areas in Colorado, Utah, Wyoming and New Mexico…

Outside Magazine to Launch TV Network

Mariah Media Inc., publisher of Outside magazine, plans to launch the Outside Television Network. The network, a partnership with Resort Sports Network (RSN), will be a complete rebranding of the existing Resort Sports Network, the national television net

Team USA Player Joe Cinosky Joins Maverik Lacrosse

Maverik Lacrosse announced that current Team USA player, Toronto National MLL Champion and former University of Maryland defensive great Joe Cinosky is the latest player to come on-board with the manufacturer…

Vail Resorts Widens Q1 Loss; Season Passes Up Strongly

Vail Resorts widened its losses on lower sales in the first quarter ended Oct. 31, 2009. The company said revenues at its stores and rental shops during the period – its weakest quarter of the year declined 4%, or $900,000, but that season pass sales for

Nike Latest Brand to Face Labor Violation Allegations in Honduras

The University of Wisconsin and Purdue University are both reviewing alleged workers' rights abuses at two factories run by Nike subcontractors in Honduras. Both factories were reportedly shut down without notice in January. Since then, their owners

Q1 Revenues Fall 6.4% in Vail’s Resort Segment

Vail Resorts, Inc. reported revenues for its resort segment, which includes it's Mountain and Lodging segments, declined 6.4% in the first quarter of 2010 to $80.6 million from $86.0 million in the year-ago period. Reported resort EBITDA was a loss o

OIA Taps Democrat to Head PAC, Recreational Lobbying

Outdoor Industry Association has named former Democratic operative Craig Mackey Director of Government Affairs. Mackey will lobby Congress on federal land use and recreation policy and manage OIA's two-year-old Political Action Committee (OIAPAC)…

Hi-Tec Entering U.S. Outerwear Market

Hi-Tec, which has become a well established value brand in outdoor footwear, said it will launch its first outerwear line in the United States at Outdoor Retailer Winter Market next month…

SGMA Supports Basketball and Volleyball Tariff Relief

The Sporting Goods Manufacturers Association (SGMA) said it is aggressively supporting the extension of duty suspension bills on basketballs and volleyballs. If the U.S. Congress approves tariff relief legislation by year's end that includes the SGMA

Sportfishing Trade Show Welcomes Fly Fishing Industry

The American Sportfishing Association ASA) invited AFFTA members, fly fishing retailers and the entire fly fishing industry to attend ICAST 2010 (International Convention of Allied Sportfishing Trades) being held this coming July in Las Vegas…

Pearl Izumi Hires Northeast Rep

Pearl Izumi said Jon Bergman, formerly with K-Swiss, will join the Pearl Izumi RUN Sales Team and manage the New York/New Jersey/Pennsylvania territory for Pearl Izumi Run…

November Retail Sales Get Little Holiday Lift

The holiday shopping period has officially kicked off with an anti-climactic whimper as warmer-than-usual weather and heedful holiday shoppers were the Grinches that quashed the expectations of optimistic retailers. After growth of 0.1% and 2.3% (inflate