SGB Update

Documentary Team Win Nau’s Inaugural $10,000 Grant 4 Change

A Seattle-based documentary team specializing in multimedia stories about people, nature and climate change received $10,000 in Nau's first-ever Grant 4 Change campaign, which ran from 7 July to 31 August. The two exposed the work of over 289 nominee

September Retail Outdoor Product Sales Sees Signs of Rebound

The month of September started to show the first real signs of a rebound in the outdoor retail landscape. The combination of a decent back-to-school season and several favorably shifting trends helped boost outdoor apparel, footwear and equipment sales fo

Rugby, Golf Added to Olympic Menu

The International Olympic Commitee (IOC) voted to include both golf and rugby in the 2016 and 2020 summer games. The sports replaced baseball and softball, which were removed from the roster in 2005…

Yue Yuen September Sales Drop 6.3%

Yue Yuen Industrial (Holdings) Ltd. said its operating revenue in September was US$388.0 million, down 6.3% from the year-earlier period…

IOC Re-elects Rogge as President

The International Olympic Committee (IOC) re-elected IOC President Jacques Rogge in an 88-1 vote at the close of the 121st Session, according to a release by the IOC…

JJB Sports Plans to Raise 100 Million Pounds in Equity Sale

JJB Sports Plc plans to raise £100 million ($161 million) in a share sale. The U.K. sporting goods chain said it reviewed a range of options to provide additional capital and confirmed it is completing arrangements for an equity issue…

Nike Taps Spillane as Next CEO of Converse

Nike, Inc. has confirmed that Jack Boys will retire as CEO of Converse and company executive Michael Spillane has been named his successor. Boys and Spillane will transition their roles through the end of the year…

September Comp Sales Signals Improvement, but…

Based on a survey of 31 retail chains conducted by the International Council of Shopping Centers, September comparable-store sales eked out a small 0.1% gain versus the comparable month in 2008, but the results have more asterisks than Barry Bonds’

TAF Parent Works to Get Back into SEC Compliance; Narrows Q1 Loss

NexCen Brands, Inc., the parent of The Athlete's Foot (TAF), finally filed its fiscal 2008 full year and 2009 first quarter results with the Securities and Exchange Commission following a lengthy probe into accounting irregularities. Although the com

Dorel Plots Aggressive Growth for Sugoi and Apparel Business

Dorel Industries Inc. announced a series of initiatives to rapidly expand its performance apparel division, which includes Sugoi. The moves include the previously-reported hiring of Chris Fuentes, a former VF Corp. marketing executive, as president of the

Wolverine World Wide Lifts Guidance on Improved Order Trends

Wolverine World Wide reported a 10% decline in fiscal third quarter sales, but raised its fiscal year guidance due to improving backlog order trends and healthier sales at its own stores. On a conference call with analysts, Blake Krueger, Wolverine's

Saucony and Keds Implementing Youth Strategies

In looking to fulfill his vision of seeing Saucony become “the next great global athletic brand,” Richie Woodworth, the running brand's president, pointed out that Saucony had to do a better job attracting men…

The New, Two-Wheeled Morning Commute

Last summer, bike-shop managers across the country heard the same refrain from new customer after new customer: “Gas prices are too high!” The buzz over bike transportation as a low-energy, low-cost, calorie-burning, healthy alternative to cars was buildi