SGB Update

REI Seeks to Dispel “Myths” to Sustain Big Gains in Bike Sales

Amidst huge sales gains in urban and commuter bikes, REI has launched a new website to dispel myths of cycling that it says have created a barrier to even greater sales. The co-op's cycling product manager said sales of urban and commuter bikes are g

REI to Add Some Schwinn Bikes in 2009

As part of a growing relationship with Dorel Industries Inc.’s Cannondale Sports Group (CSG), REI will begin carrying some higher end Schwinn bikes in 2009, REI Cycle Product Manager Brian Foley told The B.O.S.S. Report last week…

Trek Bicycle Sponsors New Women’s Triathlon Series

Trek Bicycle has signed on as title sponsor of a new women’s triathlon Series. The Trek Women’s Triathlon Series is targeting 12 cities for 2009 with more than 25,000 entrants anticipated. The Series is aimed at breaking down barriers for women athletes b

RECALL: Dive Sticks Sold at Modell’s

The U.S. Consumer Product Safety Commission, in cooperation with Modell's Sporting Goods, is recalling about 130 Coral Swim 'N Score Pool Stixs. The sticks were recalled because children can fall or land on them in shallow water and get injured.

Perry Ellis Slashes Guidance

Perry Ellis International Inc. expects to report third-quarter results below Wall Street expectations as the company marked down merchandise amid sluggish consumer spending. The company also cut its profit and sales outlook for the fiscal 2009…

Lacoste Renews Partnership With ATP

LACOSTE and the ATP, governing body for the men’s professional tennis circuit, have extended their partnership. LACOSTE will continue as the official apparel and footwear partner of the Barclays ATP World Tour Finals until 2013. As the exclusive provider

Brunswick Lays Off 115

Brunswick Corp. is moving production of Trophy offshore fishing boats from a Cumberland, MD, facility to Ashland City, TN, and eliminating 115 jobs in the process…

Head NV’s Profits Slide in Third Quarter

Head NV reported net revenues inched up 0.3% in the third quarter, to €93.1 million ($116.8 mm) from €92.8 million ($116.4 mm). Gains in winter sports offset declines in racquet sports and diving. Net profit for the period dropped 70.8% to €1.2 million ($

Rodale Cuts 10% of Workforce

Several media outlets have confirmed that Rodale has announced layoffs of 111 employees-about 10% of their workforce. The Morning Call noted that 73 of the 111 jobs eliminated came from the company's headquarters, with the remaining 38 in New York an

Spyder to Sponsor Jamaican Ski Team

Spyder Active Sports now supports the world’s newest national ski program, the Jamaica Ski Team. Errol Kerr is currently the sole member of the Jamaica Ski Team, but the small roster doesn’t limit Jamaica’s chances of medals at the Vancouver Games in 2010

Quiksilver Closes Rossignol Sale

Quiksilver, Inc. closed the sale of the “Rossignol Group” to Chartreuse & Mont Blanc. The transaction resulted from Quiksilver’s initiative, announced in January 2008, to sell Rossignol in order to reduce its exposure to the winter sports equipment manufa

Puma Picks Droga5 as Lead Agency for $100m Account

Puma has hired Droga5 as its lead global creative partner, reported various media sources. Droga5, which handles accounts with MTV, Method, Rhapsody, Coca-Cola and more, is now the lead agency for Puma’s more than $100 million global marketing account. T

Gander Mountain Returns to the Black in Q3

Gander Mountain Co. stopped the bleeding in the third quarter by turning in a profit, despite a 6.5% decline in comp store sales and a $2.9 million loss at its direct segment, which reflects results at newly acquired catalogue and Internet retailer Overto

Retailers Easing up on Return Policies

More than half of retailers (52%) say their holiday return policies will be more lenient than the policy for the rest of the year, up from 35% who said so in 2007, according to the National Retail Federation’s third annual Return Fraud Survey. Return rate

Keds Names Burrows as President

Collective Brands named Kristin Kohler Burrows president of Keds. Most recently, she oversaw the Jessica Simpson shoe brand as SVP at Camuto Group. She also worked as VP at Sports Brands International, the former owner of Fila…