SGB Update

Billabong International Appoints New CFO

Billabong International Limited has appointed Craig White as the company’s chief financial officer. Mr White is currently the division finance director, South Pacific and Korea Division, for The Coca-Cola Company. The appointment is effective from Novem

Full Speed Ahead Recalls Quick Release Sets

Full Speed Ahead, Inc., in cooperation with the U.S. Consumer Product Safety Commission, has announced the recall of roughly 1,375 sets of Full Speed Ahead (FSA) Scatto bicycle wheel quick releases. There have been 12 reports of the quick release mechani

Specialized Recalling Bikes with Faulty Handlebars

Specialized Bicycle Components Inc., in cooperation with the U.S. Consumer Product Safety Commission, has announced a recall of Allez Sport, Allez Elite, Roubaix, and Sequoia Bicycles due to a handlebar problem. The handlebar may loosen and turn unexpect

The Finish Line May Be Building War Chest for Next Big Move…

The Finish Line saw net income jump 18.8% for the fiscal second quarter ended August 28, missing Wall Street expectations by two cents for the period while achieving their previous guidance. Analysts, however, shook off the miss as the retailer pointed t

Stride Rite Looks to “Triumph” with Keds Heritage…

The Stride Rite Corporation saw an increase in its Children’s, Sperry Top-Sider, and International businesses in the fiscal third quarter ended August 28, but continued sluggishness at the Keds and Tommy Hilfiger Footwear divisions kept the total revenue

The Sporting Goods Real Estate Game…

The realities of overlapping territories are starting to come home to roost as Dick’s Sporting Goods ponders the fate of a number of Galyan’s stores. Galyan’s Trading Company opened its first store in the state of Wisconsin in March of this year, bowing

The Sporting Goods Real Estate Game…

The realities of overlapping territories are starting to come home to roost as Dick’s Sporting Goods ponders the fate of a number of Galyan’s stores. Galyan’s Trading Company opened its first store in the state of Wisconsin in March of this year, bowing

U.S. Takes Bigger Piece of Yue Yuen Biz in Q3…

Yue Yuen Industrial Holdings Ltd, one of the world’s largest manufacturers of athletic footwear, reported that revenues for the fiscal third quarter ended June 30 rose 15.6% to $768.4 million from $664.9 million in the year-ago period. Net income increas

Coleman to Head New Outdoor Division at Jarden Corp…

Jarden Corporation, the company behind several household consumer brands such as Bicycle playing cards and FoodSaver vacuum food storage devices, has acquired all of the assets and assumed all debt of Coleman’s parent company, American Household. Jarden p

Kryptonite Launches New Lock Exchange Program as Litigation Begins…

Kryptonite is offering free non-tubular cylinder locks to all customers concerned about the security of the tubular cylinder locking mechanism. Kryptonite will begin exchanging products within a few weeks as it accelerates product availability. So far, n

K2 Cranks Up Its Licensing Arm…

When K2 Inc. acquired the Fotoball business in late 2003, KTO chairman and CEO Dick Heckman made it quite clear that the company saw a much broader role for the Fotoball management in developing licensing and promotional programs for the various brands un

adidas Has New Central Europe Head; Confirms Guidance…

After more than 16 years with the company, Michael Rupp, currently Managing Director of adidas' Area Central (AC) will take a one-year- break from his responsibilities at adidas-Salomon. Rupp is apparently taking a leave to take an extended sailing

SRAM Takes One More Step Towards a Complete Component Line

SRAM has signed a Definitive Agreement to purchase Truvativ. The transaction is expected to close by mid October.Truvativ headquarters will remain in San Luis Obispo, California, as SRAM's product development arm for cranksets and bottom brackets.

Vaude Strengthens EU Sales Team

Starting October 1st, Vaude’s field sales team will be strengthened by the addition of Ruth Raunegger who together with Georg Baumgartner will serve VAUDE customers in Baden-Württemberg…