SGB Update

Otis Technology, Inc. Partners with New Representative Agencies

Otis Technology, Inc., a manufacturer of gun cleaning systems, announced the partnership of two new Sales Representative Agencies. Ken Jefferies & Associates, (KJA) has partnered with Otis to support the South East region. Sportco Marketing, Inc. has part

Mountain Hardwear Opens Store in Tokyo

Mountain Hardwear Inc. will open a store in the exclusive Harajuku neighborhood in Tokyo, Japan, showcasing Mountain Hard Wear apparel and equipment and Montrail footwear. The new store is Mountain Hardwear’s third company-owned branded store worldwide…

New Era Cap Acquires 5th and Ocean

New Era Cap Co., Inc. has acquired 5th & Ocean, the privately held licensed sports apparel manufacturer in Miami best known for its women's styles. The acquisition is expected to help New Era further expand into sports and fashion apparel. Terms were

Nike Names Allaker Umbro President

Nike Inc. announced that Jim Allaker, currently vice president and general manager of Nike UK and Ireland, will become the new CEO and president of Umbro Ltd. He replaces Matthew Cook, who left the company to pursue other opportunities…

Phoenix Footwear Widens Q2 Loss

Phoenix Footwear Group reported a net loss of $5.11 million, or 63 cents per share, for the second quarter ended July 4, 2009, compared to $2.16 million, 26 cents per share, in the second quarter of fiscal 2008…

Acushnet Co. Wins New Trial in Callaway Patent Case

The Acushnet Co. said it won a court victory on Friday in its long-running patent dispute with Callaway Golf Co. over Acushnet’s Titleist Pro V1 line of golf balls. The U.S. Court of Appeals for the Federal Circuit in Washington, D.C. ordered a new trial

Nike Canada to Sponsor Vancouver 2010 Olympic Winter Games

Nike Canada Corp. and the Vancouver Organizing Committee for the 2010 Olympic and Paralympic Winter Games (VANOC) announced that Nike has been named the Official Supplier of high performance sporting goods for the upcoming Games and introduced Team Canada

Crocs Settles Lawsuit with Australian Shoe Concern

Crocs and Australia Unlimited, maker of the NothinZ lightweight ergonomic clog, agreed to settle all outstanding litigation between the parties by filing for dismissal of all claims and counterclaims…

Penney Posts Small 2Q Loss, Lifts FY Guidance

J.C. Penney Co. said it lost $1 million, or break-even per share, in the quarter ended Aug. 1. That compares with a profit of $117 million, or 52 cents per share, in the year-ago period…

Virginia’s DVH Sports to Close

DVH Sports in Newport News, VA, is closing after 33 years. DVF Sports opened in 1976 near Newmarket North. The store moved to its current location, in the Denbigh Village Centre at 14346 Warwick Blvd., in 1991, according to the local newspaper, Daily Pres