SGB Update

FansEdge Owner Shrinks Loss

Dreams, Inc., the owner of FansEdge, reported revenues for the third quarter rose 5.7% to $15.2 million, from $14.4 million in the same period last year. EBITDA for the quarter improved about 300% to a loss of $429,000, versus a loss of $1.7 million for t

Arkansas Switches to Nike from Adidas

The University of Arkansas will enter into an all-sports apparel and footwear contract with Nike, beginning July 2010. An existing deal with Adidas expires June 30, 2010…

Brooks Launches Facebook Application for Runners

Brooks Sports, Inc. announced the official launch of its Brooks Running Club application for members of Facebook. The application enables any running enthusiast to share his or her personal running progress, connect with other local runners, inspire other

Backcountry.com’s Parent Sees Gains in E-commerce

Liberty Interactive's eCommerce businesses, which includes Backcountry.com, increased revenue in the third quarter by 2% to $160 million and adjusted OIBDA (operating income before depreciation & amortization) by $2 million to $5 million. The e-comme

Cerf Bros. Files for Bankruptcy, Puts Itself Up for Sale

Cerf Bros Bag Co, a 94-year-old camping goods manufacturer and distributor based in St Louis, Mo., has filed a bankruptcy petition and put its assets up for sale. The company makes duffles, cargo & storage bags, backpacks, travel gear and accessories for

Midwest Mountaineering to Present Winter Outdoor Adventure Expo

Midwest Mountaineering will present the 24th annual Winter Outdoor Adventure Expo on November 20-22, 2009. The Expo boasts over 90 free presentations and 70 presenters. It is the first major stop on the Banff Mountain Film Festival’s international t

K-Swiss Announces $70 Million Stock Buyback Program

K-Swiss Inc. announced its Board of Directors authorized a new stock repurchase program for the company to repurchase up to $70 million of the company's Class A Common Stock. This program replaces the Company's existing 2004 stock repurchase aut

Ironclad Performance Wear Revenues Slide 11.6%

Ironclad Performance Wear Corporation, the maker of high-performance gloves and apparel, said sales decreased 11.6% for the third quarter of 2009 to $3.60 million, compared to net sales of $4.07 million in the prior year period…

NSGA Provides Website Services for Members

The National Sporting Goods Association (NSGA) introduced Skywax.com as its authorized vendor to provide NSGA members with exclusive discounts on website design and hosting…

Quiksilver Brings Tony Hawk Show to Grand Palais Paris

Quiksilver announced it will hold a 40th anniversary celebration in Paris, November 20-21, 2009. The event will feature two days of skateboarding, music, art and fashion at the historic Grand Palais–culminating in a Saturday night finale featuring The Qu

Nautilus Cuts Loss Despite Sales Drop

Nautilus Inc.’s sales from continuing operations were down 34% in the third quarter to $41.4 million from $62.7 million a year ago but the Vancouver, WA-based fitness firm was able to cut its net loss in the period to $24.4 million, or 5 cents per s

Asics Corp. Fiscal Q2 Sales Decline Double Digits

Asics Corporation posted a 10.8% decrease in revenues for the fiscal second quarter ended September 30. Total consolidated worldwide revenues were ¥110.8 billion ($1.18 bn), compared to ¥124.2 billion ($1.23 bn) in the year-ago quarter…

H2O Audio Adds to Athletes Roster

H2O Audio, the manufacturer of headphones and accessories for active people, announced a multi-year partnership agreement with 2-time World Ironman Champion, Craig Alexander, and celebrated triathlete couple, Greg and Laura Bennett…