SGB Update

Consumers Still Buying Green

According to a survey from a Massachusetts-based research group Grail Research, 86% of U.S. consumers have bought at least some green products. The survey found that that only 1% of those who previously purchased green products had abandoned that category

ENI-JR286 Becomes Global Licensee for Nike Fitness Product

ENI-JR286, Inc., based in Redondo Beach, CA, has entered into a new exclusive long term relationship with NIKE, Inc. As per the agreement, ENI-JR286, Inc. will become the global licensee for certain Nike’s fitness and sports equipment accessories..

Amer Sports Supports Youth Development in Africa

For the past three years, Amer Sports has supported the development of school sports in Tanzania through the Finnish non-governmental organization LiiKe ry (Sports Development Aid). LiiKe trains teachers to be physical education instructors and organizes

Modell’s Sporting Goods Launches Rebirth Strategy

Modell's Sporting Goods last week launched a comprehensive reinvention initiative entitled “Rebirth.” Prototypes that opened in Pelham and Bay Plaza in the Bronx include “category shops” that sell key sports from top to bottom, revamped footwear depa

Cybex Teams Up with Breast Cancer Research Foundation

Cybex International, Inc. said hundreds of the company's pink 750T treadmills will be moving at varying speeds in fitness clubs and YMCA’s across the country throughout the month of October – and with a purpose – to raise funds for The Breast C

Nike, Inc. Overcomes Fiscal Q1 Sales Decline

Nike, Inc. saw shares rise 5.8% for the week to close at $62.02 on Friday despite a double-digit decline in fiscal first quarter revenues. The increase came as some analysts upgraded the stock after the company beat Wall Street earnings estimates on redu

Talking Growth at Thomas Weisel’s Consumer Growth Conference

At the Thomas Weisel Consumer Conference, executives began talking about ways to find growth for a change. While many cautioned that the market is not out of the woods yet and inventory and expense controls were in place, the execs appeared to agree that

Yue Yuen Year-to-Date Profit Falls Despite Revenue Gain

Yue Yuen Industrial (Holdings) Limited reported sales for the nine months ended June 30 rose 4.8% to $3.8 billion. Profits decreased 17.2% to $362.8 million. Excluding non-recurring items, recurring profit attributable to equity holders increased by 9.5%

Gander Mountain Intends to Go Private

Gander Mountain Co. board of directors has announced its intent to cease its public company status. GMTN’s board made the decision after concluding that the disadvantages of remaining an SEC-reporting company – including the costs associated with on

OIA Endorses ORSM Date Shift Back to August for 2010

Outdoor Industry Association endorsed a shift of the Outdoor Retailer Summer Market dates from the third week of July back to the first week of August in 2010 and beyond. The shift comes after Canoe and Kayak Magazine announced its intention to launch a c

Acushnet Assists in Breakup of Counterfeit Ring

The ringleader of a wide-ranging criminal conspiracy involving the sale of counterfeit golf equipment pled guilty to various charges, including conspiracy and counterfeiting, in a London court last week, according to a statement from Acushnet Co., the div

SGMA Moves Headquarters

The Sporting Goods Manufacturers Association (SGMA) moved its headquarters from Washington, D.C. to Silver Spring, MD…