SGB Update

Dorel Acquires Belgium Juvenile Products Company

Dorel Industries Inc. has purchased all outstanding shares of Belgium-based BABY ART bvba. Created in 2006, BABY ART bvba markets its products under the BABY ART and HOPPOP brands. The purchase price was US $5.3 million (4.1 million Euros). The transactio

SIA: Snow Sports Market Sees First Decline in Sales

The snow sports market contracted for the first time this season as recession-conscious holiday shoppers spent fewer dollars, said the SIA. Overall, the snow sports market declined 1.5% in total dollars compared to August through December 2007 to $1.875 b

OIWC Announces Outstanding Women Leaders in Snowsports Industry

The Outdoor Industries Women’s Coalition (OIWC) has announced the award winners for supporting women in the Snowsports Industry. Tammy Hetrick is the winner of the Pioneering Woman Award (PWA) and Ali Kenney is the recipient of The First Ascent Award (FAA

Boulder Outdoor Specialty Group Hires Marketing Mgr

The Boulder Outdoor Specialty Group, a collection of six brands in the outdoor industry, has hired Sue Edmiston as its new marketing manager. Edmiston is a returning outdoor industry veteran, having built a wealth of marketing and sales experience at both

SanMar Partners with OGIO in Promotional Channel

SanMar Corp., a supplier of imprintable apparel and accessories, entered into an agreement to gain exclusive distribution of all 54 OGIO products available in the promotional products industry. While SanMar previously carried select OGIO styles, beginning

Eddie Bauer Holdings Board Reduces Size, Compensation

The Board of Directors of Eddie Bauer Holdings, Inc. has decided to reduce the size of the Board from ten to seven members, and to significantly reduce the compensation of the remaining Board members. These actions are being taken as part of the overall c

Callaway Golf Narrows Q4 Losses

Callaway Golf Co., as expected, narrowed its quarterly net loss, but declined to give a fiscal 2009 outlook, given the uncertainty over consumer spending and foreign currency rates. Callaway said it expected that fluctuations in foreign currency would hav

Hi-Tech Expands Global Outdoor Team

Global Sports and Outdoor brand HI-TEC has appointed two new Global Product Managers positions. Simon Bryant has been appointed in the role of Global Outdoor Lifestyle Product Manager. Bryant joins HI-TEC from UK based footwear brand Clarks where he speci

Paul Fireman Claims Adviser Stole $25M

Reebok founder Paul Fireman has filed suit alleging that a longtime adviser and head of PFP Associates, the Florida firm that oversees his investments, stole more than $25 million from his family and their charitable foundation…

Dick’s to Close Return Center

Dick's Sporting Goods is closing its 75,000 square foot return center in Conklin, NY in a move to reduce expenses for rent and freight. A spokesman told WBNG News in Binghamton that the warehouse will close by March 31 and twenty jobs are affected…

Pro Football Tops “Favorite Sport” List Again

When asked to choose which one sport is America’s favorite, pro football tops the list with 31% of those who follow sports, followed by 16% who say baseball is their favorite, according to The Harris Poll. Rounding out the top five favorite sports are col