SGB Update

Forzani Sees Flat Holiday Sales

The Forzani Group Ltd. reported total sales for the ten weeks ended Jan. 11 were flat to the prior year. On a same-store basis, total retail system sales were down 1.8%, although sales were stronger in the week before and the week after Christmas…

Wenger Sponsors Patagonian Expedition Race

Wenger, maker of the Genuine Swiss Army Knife and Precision Outdoor Equipment, agreed to a three-year title sponsorship of the Patagonian Expedition Race. Beginning in 2009, the international event – which has become known as “the last wild race” – will n

Sport Chalet Amends Credit Line

On January 9, Sport Chalet Inc. amended its credit agreement with lenders led by Bank of America to loosen its terms, according to a filing with the Securities & Exchange Commission. The filing noted that as of December 31, an event of default had occurre

Industry Tightens its Belt for Year Ahead

Industry companies hit the road last week in hopes of drumming up some new investment dollars during a time of difficult trading conditions. The two big conferences for the active sports lifestyle market were the ICR Xchange Conference in Dana Point, CA a

OIF: Participation Up, But Youth Interest Dropping

In the 2008 Outdoor Recreation Participation Report, the Outdoor Foundation found that while overall participation in outdoor recreation among Americans is increasing, the connection to nature among youth is declining…

Grenade Gloves Sponsors X Games

Grenade Gloves has become the official glove partner for the Winter X Games Thirteen, January 22-25, 2009 at Buttermilk Mountain in Aspen, Colorado. The event is expected to draw more than 76,000 fans, athletes and action sports exhibitors…

Sports Chalet Amends Credit Line

On January 9, Sports Chalet Inc. amended its credit agreement with lenders led by Bank of America to loosen its terms, according to a filing with the Securities & Exchange Commission. The filing noted that as of December 31 an event of default had occurre

Aetrex Names Director of Sales

Aetrex Worldwide said Sigurd Lee has joined the company as director of sales, Athletic Channel. Lee has extensive experience in the athletic apparel and footwear industry, including 26 years at Nike, where he held numerous positions including director of

Former Patagonia Buyer Joins Rab

Rab, the British manufacturer of technical mountaineering garments, gear and accessories, said Jeannie Wall will be directing the company’s brand-new Backcountry collection. Wall was most recently with Patagonia, Inc., from 1991 to 2007. Most relevant to

Vans Exec Joins Taryn Rose International

Taryn Rose International, the luxury footwear brand, appointed Donald Petersen to vice president of operations, effective immediately. Petersen managed operations for Reebok International in the United States and Europe, oversaw logistics for multiple bra

RECALL: Giant Bicycles

The U.S. Consumer Product Safety Commission has announced a voluntary recall of the 2009 TCR Advanced SL and SL (ISP) Bicycles and Frames. The density of the steerer tubes can cause the forks to crack and break, posing a fall hazard to the consumer. Giant

Zoot Acquired by K2 Sports

Zoot Sports, the manufacturer of apparel, footwear and wetsuits, has been acquired by K2 Sports. Terms of the transaction were not disclosed. The triathlon-apparel firm will continue to be based in Southern California under its existing leadership team, l

ForeFront Group Names Director Of Marketing

ForeFront Group, Inc. has named Scott Harris as its new director of marketing. In his new position, Harris will be responsible for overseeing all marketing and branding initiatives for the Datrek, Burton, Devant and Miller Golf brands…

Pacific Sunwear Continues USA Surf Team Sponsorship

Surfing America, the National Governing Body for surfing in the USA, announced that Pacific Sunwear has renewed its title sponsorship of the USA Surf Team for 2009, marking a fourth year of support…

Forzani Sees Flat Holiday Sales

The Forzani Group Ltd. reported total sales for the ten weeks ended Jan. 11 were flat to the prior year. On a same store basis, total retail system sales were down 1.8%, although sales were stronger in the week before and the week after Christmas. Corpora