SGB Update

Darn Tough Vermont Socks Awarded $8.5 Million Army Contract

Darn Tough Vermont said its military issue flame resistant Merino wool boot sock will be included in the recently awarded Fire Resistant Environmental Ensemble known as the FREE Clothing System. This is a multilayered, versatile, insulating system that is

Orange 21 2008 Loss Nearly Doubles

Orange 21 Inc., which owns Spy Optic, reported sales rose 2% to $47.3 million in 2008 from $46.5 million for 2007. The action sports company incurred a net loss of $15.2 million for the year ended Dec. 31 compared to a net loss of $8.0 million for the yea

Rocky Signs On For Field and Stream Competition

Rocky has signed on as the official boot sponsor of Field & Stream magazine's 2009 Total Outdoorsman Challenge. The world's largest outdoor magazine is hosting its sixth annual outdoor competition across the nation throughout the summer. Open to

Gwen Manto Exits Dick’s SG

Gwen Manto left her role as EVP and chief merchandising officer of Dick's Sporting Goods, Inc., effective April 13. According to a filing with the SEC, DKS does not expect to replace her in this position but will instead realign its merchandising org

Team Business QandA: NSGA’s Matt Carlson

In April 2008, Matt Carlson took over as president and CEO of the National Sporting Goods Association. The former city administrator of Delafield, WI succeeded long-time NSGA Chief Executive Jim Faltinek. Team Dealer reviews with Carlson the highlights of

Census Bureau: Gas, Auto Sales Declines Sank Retailers in March

The U.S. Census Bureau reported Tuesday that advance estimates of U.S. retail and food services sales for March, which were adjusted for seasonal variation and holiday and trading-day differences but not for price changes, were $344.4 billion, a decrease

Former Dick’s Sporting Goods RE Exec Fined

The former senior vice president of real estate at Dick's Sporting Goods Inc., Joseph Queri, Jr. on Monday was fined for insider trading stemming from the sporting good chain's acquisition of Galyan's Trading Company, Inc. in 2004…

Block Corp. Files for Chapter 7 Bankruptcy Protection

Block Corp., which owns licenses for brands such as Izod, Panama Jack and Timberland, filed for Chapter 7 bankruptcy protection. In documents filed with U.S. Bankruptcy Court in the Southern District of New York, the company, which makes men's and ki

Engaging Your Customer Base on the Web

An important milestone in the history of the Web was reached in 2008. According to Neilson Online, users spent more time on social networking sites, like Twitter, Facebook and Blogger, than in personal e-mail programs.
Even with such a large number of pe

Nautilus Takes Action Against Counterfeiters

Nautilus, Inc. has filed suit against importer/distributor, SC Excel Technology, Inc. (dba Duro Fitness) of Montreal, Canada and obtained an Anton Piller order to enter its premises and seize counterfeit goods and relevant records. The suit was filed aft

Outdoor Cap Named Official Headwear of USSSA

Outdoor Cap Company, Inc. entered into an agreement with the United States Specialty Sports Association on April 13, 2009 to become the official headwear supplier for USSSA…

Jarden Sees Q1 Above Wall Street Forecasts

Jarden Corp., the parent company of Coleman, K2, Marmot, Volkl and other outdoor brands, said it expects that revenue for the first quarter of 2009 will be approximately $1.14 billion as compared to $1.22 billion in the prior year. Earnings are expected t

Former Golf Galaxy Management Launch Consuling Group

The former co-founders of Golf Galaxy, Greg Maanum and Randy Zanatta, have launched Retail Minds, a consulting group based in Minneapolis, MN. Golf Galaxy was sold to Dick's Sporting Goods in early 2007…

New Era Partners with Sweat Equity Enterprises

New Era Cap Co., Inc. has collaborated with Sweat Equity Enterprises (SEE) to create a line of caps and t-shirts that will launch in April 2009. Founded by designer/entrepreneur Marc Ecko, SEE is a nonprofit organization where teens develop professional-q