SGB Update

Sportcraft in Recall of Tredex Treadmills

Sportcraft Ltd, in coorperation with the CPSC, is voluntarily recalling 320 units of the Tredex 10.0 treadmill. The product was said to have been sold primarily through Dick's Sporting Goods from January 2004 through March 2004 for between $500 and

adidas Extends French Soccer Federation Partnership Deal

The Fédération Française de Football (FFF) and adidas announced that they have extended their partnership agreement until 2010. The French Football Federation currently holds the second place in the FIFA World Ranking and is the defending European Champio

Cabela’s Prices IPO Range; May Net North of $93 Million

Cabela's Inc. on Monday set the range for its pending IPO at an estimated price between $15 and $17 per share. The company plans to offer 9.375 million shares, netting the company between $93.75 million and $106.25 million. Selling shareholders wil

Cobblestones Names Sales and Marketing Chief

Cobblestones Activewear has named Michael Seegmiller vice president of Sales and Marketing, it was announced by Mark Osborn, general manager. Seegmiller comes to Cobblestone with more than 25 years experience in managing national and key accounts, includi

ASTM Certifies New Textile Testing Method…

The American Society of Testing and Materials and Outlast have collaborated with Dr. Douglass Hittle, the Director of Solar Energy Applications at Colorado State University, to develop a textile test for phase change materials…

DuPont Builds Eco-Friendly Textile Plant…

DuPont has signed a joint venture agreement with Tate & Lyle PLC, a U.K.-based carbohydrate processing company, to develop and build a production facility for a bio-based nylon and polyester alternative. The joint venture will use a proprietary fermentati

Price Hikes Are Rolling Down the Bike Supply Chain…

Full Speed Ahead and its subsidiary VisionTech will be raising their wholesale 5% to 15% mainly due to rising costs of raw materials and the overheating Chinese economy. As previously reported in BOSS (BOSS_0413), shortages in steel and aluminum in China

American Recreation Parent Boosts Net Income 18.5% in Q1…

Kellwood’s American Recreation division, which houses the Sierra Designs, Kelty, and Slumberjack brands, is grouped into the ‘other soft goods’ category in company financial statements. The category posted a 19.2% decline in sales to $120.0 million compar

SGMA Supports Full Funding for Land and Water Conservation Fund…

The SGMA has teamed up with Americans Saving American Places to launch a 140 day campaign, between earth day and Labor Day, to persuade President Bush to keep his promise to fully fund the Land and Water Conservation Fund. The “Sign it This Summer” campai

OR Summer Market is Sold Out

Outdoor Retailer has announced that exhibiting space for the 2004 Summer Market to be held at the Salt Palace Convention Center in Salt Lake City, Utah, has officially sold out, with a waiting list of over 120 outdoor-related companies. The total number o

The Buckle May Comps Climb 8.3%

The Buckle's sales for the four-week period ended May 29, 2004 increased 14.9% to $27.3 million from sales of $23.8 million in the corresponding four-week period ended May 31, 2003. Comparable store sales increased 8.3% from the prior year. Net sale

Gottschalks May Comps Drop 7.6%

Gottschalks same store sales for the month of May 2004 decreased 7.6% from the prior year. Total sales for the month decreased 8.9% to $45.7 from $50.1 in May 2003. On a year-to-date basis, same store sales increased 1.5% from the same period of fiscal