SGB Update

FTC to Regulate Blogging, Testimonials, and Celebrity Endorsements

The Federal Trade Commission approved final revisions to the guidance it gives to advertisers on how to keep their endorsement and testimonial ads in line with the FTC Act. The revised Guides state that Bloggers who make an endorsement must disclose the m

180s Inks NHL License for Ear Warmers

180s has entered into an official licensing agreement with NHL Enterprise L.P. and NHL Canada Enterprise L.P. for team-specific ear warmers sold in the U.S. and Canada…

Pennsylvania ‘Firearms Freedom Act’ Legislation Introduced

State Representative Sam Rohrer has introduced the “Firearms Freedom Act” (HB1988) for consideration in the state legislature. The bill is “An Act prohibiting certain firearms, firearm accessories or ammunition from being subject to Fede

Lake Tahoe Sees Early Snowfall

The Ski Lake Tahoe resorts welcomed the first significant early season snowfall over the weekend, helping kick start winter preparations and also set the stage for what is predicted to be an epic snow season in the Sierra Nevada. Top weather experts are p

XP Events Files for Bankruptcy Protection

XP Events, which runs merchandise concessions at sports venues and special events, has filed for Chapter 11 bankruptcy protection. The Denver-based company — formally known as XP Entertainment LLP — said the filing will not affect its contract to run reta

DeLong Sportswear Assets Acquired by Daden Group

Daden Group Inc., based in Coralville, Iowa, has reached an agreement to purchase certain assets from Delong Sportswear. Daden Group will also lease DeLong’s corporate office and materials distribution center in Grinnell, Iowa. DeLong, a leading pro

CIT Launches Restructuring Plan

CIT Group, the troubled lender to small to medium-sized businesses, launched a restructuring plan aimed aimed at reducing $5.7 billion in debt. The company warned it could file for bankruptcy if it falls short of that goal…

Sole Technology Takes Over German Distribution

Sole Technology, the maker of etnies, éS, Emerica, ThirtyTwo and Altamont, announced their plans for direct distribution of the etnies and ThirtyTwo brands in Germany. SoleTechnology Germany (STDE) will be effective from January 1, 2010. STDE will be resp

Interbike and Bikes Belong Award Grants

Bikes Belong and Interbike have contributed $2,500 to the U.S Open Cycling Foundation (USOCF) for safe cycling seminars that will take place four times a day during OutDoor Demo East in Providence, Rhode Island Oct. 8-11…

Nfinity Unveils Volleyball Kneepad

Nfinity, the women’s team sport company, has collaborated with UK materials firm, d3o to design the new Nfinity d3o Kneepad, which is called the “smallest and thinnest kneepad” on the market designed for female volleyball players. The Nfinity d3o Kn

USA Football to Award $1 Million in Grants

USA Football, the sport's national governing body on youth and amateur levels, announced that it will award $1 million in equipment grants to youth and high school football programs across America this fall based on merit and need. Its national partn

Market Looks at Issues and Opportunities as Inventories Shrink

Tough times call for prudent inventory management at retail. But is the industry overdoing it? As retailers work to keep inventories lean this year and focus on bottom-line profitability instead of just top-line growth, some are starting to get concerned