SGB Update

Jarden Corp. Recognized by Business Week

Jarden Corp said it has been named to BusinessWeek's newly-released list of the World's Most Influential Companies. Noted as a company that is a “master of its domain” in the consumer goods industry, Jarden's recognition on the annual list

NRF Asks Obama for Tax Holidays to Stimulate Economy

The National Retail Federation has asked President-elect Barack Obama to incorporate a series of national sales tax holidays into upcoming economic stimulus legislation as an important step toward rebuilding consumer confidence, saying short-term gains fr

RECALL: Atomic USA Ski Bindings

Atomic Ski USA, Inc. is carrying out a voluntary precautionary recall of heel components of certain bindings manufactured between 1998 and 2002…

Metal Mulisha Hires Marketing Director

Metal Mulisha, which is part of La Jolla Group, promoted Ryan Hagy to the position of director of marketing. Hagy will report to Bill Gage, vice president of sales and marketing, and will be based out of the offices in Irvine, CA…

Nike Files $760M Shelf Registration

Nike Inc. registered $760 million in new debt with the Securities and Exchange Commission. Proceeds may be used for debt refinancing, working capital, capital expenditures, investments in units and other general corporate purposes…

STX Sues Reebok for Patent Infringement

STX L.L.C., the Baltimore-based lacrosse company, has filed a patent infringement lawsuit against Reebok International Ltd. According to the complaint filed in the U.S. District Court For The District Of Maryland, STX claims Reebok has infringed on one of

Census Bureau: October Sporting Goods Sales Off 2.3%

The Monthly Retail Trade Survey, prepared by the U.S. Census Bureau, reported sales in sporting goods stores of $2.60 billion (preliminary) for the most recent reporting month (October), a 2.3% decline from $2.66 billion in October 2007, according to the

Snow Shuts Nike Down for the Week

Nike will close its Beaverton-area headquarters until next Monday to avoid putting employees at risk, company officials told The Oregonian. More than 6,000 people work at Nike headquarters, and many more visit every day to do business…

NRF Proposes Tax-Free Holidays

The National Retail Federation is asking President-elect Barack Obama to add a series of national sales tax holidays in the anticipated economic stimulus legislation. The federation says such holidays would be an important step toward rebuilding consumer

Quik Cuts ASR Presence

Also on the quarterly conference call, Chairman, President and CEO Bob McKnight commented that all Quiksilver brands with the exception of DC would not have a presence at the ASR show in January…

American Rec Further Consolidates Outdoor Brands Under New Umbrella

American Recreation Products will replace dozens of outside reps with an in-house sales force over the next 30 days in a bid to cut costs and reach earnings targets of Sun Capital Securities Group LLC. The move is part of a broader reorganization of the

SSG Acquires Gold Medal Trademark

Sport Supply Group, Inc. acquired the rights to the Gold Medal trademark from Brownell & Company, Inc. Terms were not disclosed. Gold Medal is a manufacturer and distributor of specialized sports netting, protective netting, tennis nets and batting tunne

MRA Launches December Pre-View Show

Cautious buyers perused the floor at the first Midwestern Reps Association (MRA) Pre-View Show in Lansing, MI on Dec. 8 – 10, with 49 vendors on site to display new fall goods for the 92 attending buyers. By all accounts the show, which was primarily app