SGB Update

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…

Salomon Hires New Sales Reps

Salomon has added new sales reps for the new year. Koby and Stephanie Crooks will cover footwear and outdoor apparel in the South West, Bruce Diehl will add apparel to his other Salomon categories in New England and Adam Guile will take on footwear and ap

SRI Sports Sales Jump on Boost from Cleveland Acquisition

SRI Sports., the new parent company to Srixon and Cleveland Golf, had a strong first three quarters of fiscal 2008 as the addition of the Cleveland business to the sales numbers has more than offset minor declines in smaller divisions. Nonetheless, the co

Let the Feasting Begin: Wolverine Grabs Chaco

In what may be the first sign of a year ahead where the big get bigger and the weak get gobbled up or go away, the outdoor industry last week saw two public companies throw lifelines to two struggling brands…

PGA Show Highlighted by Return of Titleist

This week’s 56th annual PGA Merchandise Show will be notable for a number of reasons apart from the usual product launches that promise to revolutionize the game of golf and the industry around it. The big news before the show is the return of one of the

VF Corp. Splits Outdoor Coalition; Promotes Rendle and Murray

VF Corp. is splitting up its Outdoor Americas division into two new divisions, Outdoor Americas and Action Sports Americas, effective February 1. Steve Rendle, president of The North Face, will become president of the new Outdoor Americas coalition, whic

ORWM Provides Energy Despite Weaker Traffic

The angst of the last month gave way to anxious optimism as Outdoor Retailer Winter Market opened its doors last week. Despite the buzz circulating around the industry since October about fears of a severe cutback in attendance on the part of retailers,

VF Corp. May Be Close to Deal for DC Shoes as Nike Eyes Quiksilver

Given Quiksilver’s fairly late decision to pull out of the recent Actions Sports Retailer show, it was predictable that there was talk on the show floor about the health of the brand — and the health of the show. Perhaps the meatiest rumor circulating on

RECALL: Saris Stationary Bicycle Trainers

Approximately 2,000 stationary bicycle trainers manufactured by Saris Cycling Group are being recalled. The trainers are a frame that converts regular bikes into stationary bicycles. The problem is that a handle pin on the trainer can loosen, letting the

Sport Footwear Falls Short of Holiday Growth

After many of the publicly traded retailers reported last week, the Holiday 2008 retail business proved to be as disappointing as analysts and prognosticators had forecast. Though anecdotal evidence from much of specialty retail held slightly better resul

Yakima Acquires RACKandROLL

Yakima has acquired RACKandROLL, LLC, a manufacturer of high performance multi-sport trailers based in Frederick, MD. The trailers, branded Yakima RACKandROLL, will be sold through RACKandROLL’s existing distribution and current Yakima dealers effective i

OR Winter Market Provides Energy Despite Weaker Traffic

The angst of the last month gave way to anxious optimism as Outdoor Retailer Winter Market opened its doors last week. Despite the buzz circulating around the industry since October about fears of a severe cutback in attendance on the part of retailers,

The Hosiery Association Leads CPSC Legwear Coalition

The Hosiery Association, in conjunction with The Hosiery Technology Center, has created the CPSC Legwear Coalition to work in partnership with the Federal legislature and the Consumer Products Safety Commission (CPSC). The CPSC Legwear Coalition has been