SGB Update

GandG Outfitters Taps Hirschorn to Lead Kansas City Office

Maryland-based promotional products company, G&G Outfitters, Inc. has expanded to the Midwest with the addition of a Kansas City, MO location. The newest office
joins other G&G locations, which include its main headquarters in Maryland as well as offices

Cybex Bottom Line Benefits from Valuation Reserve Reduction…

Cybex International, Inc. reported net sales for the second quarter of $30.0 million, an increase of 10.1% when compared to the $27.2 million posted in the same period last year. Gross margin increased 80 basis points to 86.3% of sales from 85.5% last yea

WSA Mood a Reflection of Athletic Footwear Biz…

The mood on the floor of the Sands Convention Center – at least in the athletic footwear section — was a reflection of the mood of many retailers after a rather tough July sales period for sneakers that ended with a thud the last week of the month. Many

InSport Doubles Military Sales with U.S. Marines Contract…

InSport Int’l received a $2 million contract to provide advanced base layer garments to the U.S. Marine Corps. Under the terms of the contract, InSport will produce two base layer products specifically designed to meet the unique needs of Marines in physi

Sport Chalet Sees Late Winter Boost Q1 Sales…

Sport Chalet, Inc. started their 2007 fiscal year with a bang, posting a double-digit sales increase in the first quarter ended July 2. SPCH said the gain was due to unusually late snowfall in local resorts, which drove demand for winter related items ea

Under Armour Named Authorized Supplier of Footwear for NFL

Under Armour has joined Reebok and Nike as authorized suppliers of footwear for the National Football League. The designation is part of a multi-year agreement that also includes advertising and marketing commitments with NFL Network, NFL.com, and the NF

Obituary: Bill Meistrell

Bill Meistrell was a pioneering waterman and lifeguard whose inventions, talents, and exploits helped transform surfing and diving into worldwide phenomena and billion-dollar industries. He died from Parkinson's disease on Tuesday, July 26th at his

Springboost Names VP/GM; Adds to Sales Force

Springboost has expanded its sales rep force. Newly added to the team are Julie Hasson and Paul Tobin of H & T Sales, Cartledge, Jerry Panowicz, Ken Geisinger, and Keith Frank. In addition, the company added a new VP and General Manager, Kevin Johnson,

Sporting Goods Sales Detract from Everlast’s Q2 Revenues…

Everlast Worldwide Inc.’s second quarter net revenues were down 4.9% to $9.8 million from $10.3 million in the same period in 2005. Net licensing revenues for the quarter increased 3.4% to $3.0 million from $2.9 million last year. Revenues from sporting g

SIMA’s Waterman’s Weekend Raises $450k

The Surf Industry Manufacturers Association (SIMA) Environmental Fund estimates more than $450,000 was raised for ocean-environmental organizations during the 17th annual Waterman's Weekend environmental fundraiser, August 4-5, 2006, at The St. Regis

Berkshire Hathaway Completes Russell Corp. Deal…

At a special stockholder’s meeting on August 1, shareholders of Russell Corp. approved of the acquisition that will see Russell become a subsidiary of Fruit of the Loom, Inc., itself a subsidiary of Berkshire Hathaway Inc. The $18.00 per share selling pri

The Walking Co. Takes Outdoor Footwear Inside the Mall…

When The Walking Company was purchased by Big Dog Holdings, Inc. in 2004, the company had revenues in the mid-sixty thousand dollars range, according to CEO Andrew Feshbach. This year, he said that he expects “very, very significant growth and [to] more

Garmin Continues Upward Momentum in Q2…

Garmin continues its sharp growth curve, riding on the popularity of personal navigation devices and outdoor/fitness GPS devices. The company grew sales during the second quarter by 64% to $432.5 million. 1,281,000 units were sold in the second quarter of

Crocs Inc. Continues Triple-Digit Growth in Q2…

Crocs, Inc. revenues for the second quarter exceeded internal projections by over 80% on strong sales from nearly all channels and higher-than-expected international orders. Crocs management had been expecting international to account for roughly 10% of s