SGB Update

West 49 Reports Strong Earnings Gains

West 49 Inc. reported net income in the third quarter improved 38.1% to Canadian $2.9 million (U.S. $2.8 mm), or CN5 cents per share, compared to CN$2.1 million ($2 mm), or CN3 cents per share, a year ago. Sales for the Canadian action sports chain declin

Gildan Q4 Sales Decline in Weak Pricing Environment

Gildan Activewear Inc. said its fourth quarter sales declined 7% mainly because it marked down inventory at its distributors to help them compete. The Canadian company said it is prepared to continue to price aggressively in an environment of weak global

Sports Direct Raises Full Year Forecast

Sports Direct International Plc reported lower pre-tax profit for the first half of the year ended Oct. 25, hurt by lower gross margins and finance income compared to last year, notwithstanding a more than 10% increase in revenues…

JJB Sports Gets New CEO

The United Kingdom's JJB Sports has named Keith Jones of consumer electronics retailer DSG International to be its new CEO and oversee its plan to return to profitability…

TYR Announces Multi-Year Partnership with USA Triathlon

TYR announced a multi-year partnership with USA Triathlon. The company, a USA Triathlon Gold Sponsor, will be the official swimwear, Team USA competition and training apparel outfitter, and swim accessories and goggles supplier for the organization…

Wolverine Appoints Krueger as Chairman

Wolverine World Wide, Inc. appointed Blake W. Krueger as Chairman of the Board of Directors effective Jan. 1, 2010, succeeding Timothy J. O'Donovan, who will continue to serve on the Board of Directors…

Burton Unveils US Snowboard Team Uniforms

Burton unveiled its US Snowboard Team Uniforms for the upcoming 2010 Winter Olympics. The uniforms were made through a partnership with the Gore-Tex brand, the official fabric of the 2010 US Snowboard Team's Olympic outerwear…

Backcountry.com Donates Gear for ‘Gear to Grow’ Pilot Program

This week, Backcountry.com donated $12,000 of high-quality outdoor gear in continued support of the start-up phase of Pacific Mountain Institute’s new Gear to Grow project. This is the second sizable gear donation to the project in as many months an

Arc’teryx Appoints Director of International Sales

Arc'teryx Equipment Inc. promoted John Irvine to director of international sales. Irvine has been behind the company's sports marketing efforts since 2003 and leaves his post as global sports marketing manager…

Lululemon Q3 Sales Rise 29.7% on 10% Comp Gain

Lululemon athletica inc. said income from operations soared 60.3% on a 29.7% increase in net revenue to $112.9 million in the third quarter ended Nov. 1. Comps store sales rose 10% on a constant dollar basis…

NJ to Considered Several Firearm-Related Bills

On Monday, December 7, the New Jersey Assembly passed two bills that will impact New Jersey gun owners; A4304 passed 77-0 and A4301 by a vote of 72-3-2, according to a release by the National Rifle Association…

Under Armour Opens NYC Pop-Up Store

Under Armour opened its first pop-up store in New York City. The 3,300 square foot store, at 3 West 57th Street, displays several of the uniforms for the U.S. team members competing in the Vancouver 2010 Olympics. These include the USA Freestyle Ski team

Salazar Highlights Dangers of Climate Change

Secretary of the Interior Ken Salazar highlighted the growing threat of climate change to the National Wildlife Refuge System and the vital habitat it conserves during a visit to the country’s first refuge…