SGB Update

Black Diamond Appoints President

The Black Diamond Group, the maker of performance protective footwear, appointed Rob Mills as president. Mills comes to Black Diamond from his previous post as Vice President Sales at Rocky Brands specifically their Duty, Michelin and Dickies Work Footwea

Li and Fung Acquires Kids Headquarters

Li & Fung Ltd. said it agreed to buy nearly all the assets of U.S. children's wholesale apparel designer and marketer Wear Me Apparel LLC, which does business as Kid's Headquarters. The Hong Kong-based company paid as much as $401.8 million in a

Atlanta Falcons Owner to Acquire PGA TOUR Superstores

Golf & Tennis Pro Shop, Inc., owner and operator of PGA TOUR Superstores, announced it has reached a preliminary agreement for Golf & Tennis Pro Shop to become a majority-owned subsidiary of AMB Group, LLC. AMB Group is owned by Arthur M. Blank and is al

Dick’s SG to Open Oregon Stores

Dick's Sporting Goods announced plans to open six new stores in Oregon, including the new Eugene location in a former Joe's Sports location in the Delta Oaks shopping center on November 8th. It will be Dick's SG's second store in Oreg

Tommy Bahama to Make MLB Collection

Oxford Industries, Inc. wholly owned subsidiary Tommy Bahama Group, have signed an agreement with Major League Baseball Properties to create a co-branded collection of premium apparel…

Crocs Amends Credit Facility

Crocs Inc. said that on October 14, it amended its bank line with PNC Bank. The amendment decreases Crocs' minimum tangible net worth requirement from $266 million to $205 million, measured at the end of each fiscal quarter, commencing with the fisca

Superfeet Bolsters Sales Force

Superfeet Worldwide Inc. has hired four experienced sales reps in October to keep pace with their continued growth across the U.S. It also named Doug Geddes as national sales manager of Superfeet Canada…

Element 21 Appoints CFO

Element 21 Golf Company appointed Philip Clark as its new chief financial officer…

RECALL: Electra Bicycles

An additional 6,400 Electra bicycles are being recalled because the baskets and trays on the front of the bikes can come loose, causing a risk of falls to riders, the Consumer Product Safety Commission said…

Payless Expands Shoe Giveaway to Latin America

Payless ShoeSource, announced the launch again this year of its Payless Gives Shoes 4 Kids program aimed at delivering more than $1.2 million worth of free children's shoes to families in need this holiday season. In addition, the retailer said it is

Rightline Gear Enters Retail Market

Rightline Gear, recently relocated to Asheville, NC, has announced its plans to enter the retail marketplace in quarter 4 of 2009. Previously the company has sold its CampRight and PackRight products strictly on-line…

Callaway Golf Expects 3Q Loss to Widen

Callaway Golf Company said third quarter sales are expected to decline 11% to $191 million from $213 million a year ago. Changes in foreign currency exchange rates adversely impacted net sales by approximately $3 million for the quarter. It expects to rep

Phoenix Footwear Posts Profit

Phoenix Footwear Group, Inc. reported a profit of $310,000, or 4 cents a share, in the third quarter compared to a net loss of $2.1 million a year ago…

OGIO Reports Robust Growth

Ogio said its futures orders – or those placed for first and second quarter 2010 delivery – for sports packs, messenger/laptop bags and motor sport soft goods and hard goods were up more than 200% compared with 2009 futures orders…