SGB Update

Accell Group Reports Increased Bicycle Sales in 2009

Accell Group N.V. said its turnover and profit in the first months of 2009 increased, compared with the same period of 2008. After a long winter, mid-March saw a good start in bicycle sales. In addition to increased bicycle sales, Accell Group also noted

AAFA Joins Call for Trade Reform

The American Apparel & Footwear Association (AAFA) joined a broad coalition of business organizations and non-governmental organizations (NGOs) to encourage Congress and the Obama Administration to undertake a wholesale reform of U.S. trade preference pro

Sports Direct Reiterates Guidance

Sports Direct International said despite the tough conditions, it remains confident of achieving underlying EBITDA of £135 million ($197 million.) The largest U.K. sporting-goods retailer said sales in the last six weeks were “higher than expected” gains,

Mainland Headwear/New Era to Host Supply Chain Symposium in China

Mainland Headwear Holdings Limited and New Era Cap Company, Inc. have jointly organized a two-day symposium in Shenzhen, “Benefits of Supply Chain Partnerships,” focused on achieving greater impact and sustainability in supply chain labor compliance throu

Steve Madden Raises Full Year 2009 Guidance

Steve Madden expects net sales for the first quarter 2009 to be between $106 million and $107 million. This compares to net sales of $100.5 million for the first quarter of 2008. EPS for the first quarter of 2009 is expected to be in the range of 35 cents

Deckers Q1 Sales Increase 37.6%

Deckers Outdoor Corporation said net sales increased 37.6% to $134.2 million for the first quarter ended March 31, 2009, versus $97.5 million last year. Diluted EPS increased 8.1% to 93 cents compared to 86 cents a year ago, domestic sales increased 29.6%

Columbia Q1 Net Falls on Sales Decline; Backlog Down 15%

Columbia Sportswear Co. reported sales in the first quarter decreased 9% to $272.0 million from $297.4 million, including a 5% negative effect from changes in foreign currency exchange rates. Net earnings fell 65% to $6.9 million, or 20 cents a share, fro

Deckers Ups Revenue Outlook on Strong UGG Performance

Deckers Outdoor Corporation said net sales increased 37.6% to $134.2 million for the first quarter ended March 31, 2009, versus $97.5 million last year. Diluted EPS increased 8.1% to 93 cents compared to 86 cents a year ago, domestic sales increased 29.6%

Top 50 Tennis Centers Recognized

The “Top 50 Tennis Welcome Centers of 2008” were recognized by the Tennis Industry Association, U.S. Tennis Association and the trade magazine Racquet Sports Industry. The tennis facilities honored all exhibited excellent participation figures involving n

Fila USA Partners With AmericanForests.org

Fila USA established a new tree planting collaboration with AmericanForests.org, the nation's oldest non-profit dedicated to funding and overseeing tree planting programs in the U.S. and globally. Fila had been exploring partnerships with tree planti

Cybex Q1 Net Sales Fall 27%

Cybex International, Inc. net sales for its first quarter ended March 28, 2009 decreased by 27% to $28.9 million compared to $39.8 million for the corresponding 2008 period. The company reported a net loss for the first quarter of 2009 of $1.4 million, or

Forzani Sponsors Canadian Soccer Association

The Canadian Soccer Association and The Forzani Group Ltd. announced a two-year sponsorship agreement with the Canadian Soccer Association's Mini Soccer Festival Program presented by BMO. The partnership incorporates all of The Forzani Group's c

Report: DeLong Sportswear Dissolving

The landscape of the award jacket business may have just changed dramatically. According to a report in a local Iowa paper, DeLong Sportswear Inc. has abruptly closed three locations in the state as part of a move to dissolve the company. The report said

Etnies Sponsors Action Sports Film Series

Etnies will sponsor the Action Sports Film Series at the Newport Beach Film Festival, an international showcase of films celebrating athletes and filmmakers pushing limits in action sports. Running from April 24-30 the Action Sports Film Series will incl

Jarden Outdoor Q1 Earnings Fall as Revenues Fall Double-Digits

Jarden Corporation is reporting that first quarter net sales for its Outdoor Solutions segment, which includes Coleman, Pure Fishing, K2 Sports and Rawlings businesses, fell 10.2% to $591.3 million in the first quarter from $658.3 million in the year-ago