SGB Update

REI Signs Lease for New Pittsburgh Store

REI has signed a lease with the Soffer Organization for a 27,000 square-foot store in the Southside Works, located on Pittsburgh's south side on the Monongahela River. Southside Works is a 34-acre, urban mixed-use, brownfield redevelopment. The REI s

Salomon Moves Snowboard Marketing Team to Oregon

Salomon Snowboards has re-located their International Snowboard Sports Marketing management to Salomon’s North American office in Portland, OR. Previously managed from Salomon’s Headquarters in Annecy, France, the move strengthens Salomon North America’s

Virginia Speaks Out Concerning Roadless Areas

One hundred businesses, organizations and citizens urged President Bush in a letter today to protect Virginia's national forests by upholding the Roadless Area Conservation Rule as it was originally written. The historic rule, which protects roadless

Peter Baker Joins Kamik as VP – Global Marketing

Kamik, a division of Genfoot America, has selected Peter Baker to the position of Vice President of Global Marketing. Prior to joining Kamik, Baker served as the Senior Director, Global Brand Management for the Timberland Company based in Stratham, NH…

Lotto Signs Top French Soccer Team

The sponsorship agreement between Lotto Sport Italia and Sochaux-Montbéliard is now official: up until 2009, Lotto will be the “Technical Sponsor and Official Supplier” of the Sochaux team. According to the agreement, Lotto will be providing all of the cl

Magic Johnson to Put Name on Product Again

Earvin “Magic Johnson” has reportedly partnered with BASH Sports, LLC in Irvine, CA to launch a new line of basketball footwear and apparel bearing the name Magic32. Johnson's signature line, which is expected to start delivery for Holiday '04

Shanley and Team Leave Wells Fargo for SIG

John J. Shanley is leaving Wells Fargo Securities to join Susquehanna International Group, LLP. SIG said Shanley will join its sell-side research team, covering athletic footwear and apparel. Mr. Shanley brings more than twenty years of experience in the

VF Opens a Second Front in the EU…

In a move that was all but overshadowed by the recent acquisitions made by K2, VF Corp. acquired substantially all of the assets of Kipling, a Belgium lifestyle apparel and pack manufacturer. VF is placing the brand in its Outdoor Coalition under the watc

Yue Yuen Sees Margins Tighten in Q2; Athletic Continues to Shrink…

Yue Yuen continued to diversify and reduce its dependence on the U.S. athletic footwear market. The first half of fiscal 2004 proved to be solid for the Hong Kong based manufacturer, with total company sales increasing 1.3% to $1.26 billion from $1.24 bil

Nike Addresses Youth Inactivity…

At the HealthierUS Fitness Festival, Nike urged the U.S. education system to add P.E. classes taught by P.E. specialists for at least 30 minutes a day, five days a week, to all American schools. The company claimed that the current PE curriculum is outdat

B.O.S.S. Goes One-On-One with Scott Montgomery…

Scott Montgomery was recently appointed General Manager of Scott USA Bicycle and will lead the effort to bring Scott bicycles to the U.S. market from Europe. He was most recently VP of Marketing for Cannondale. Scott started his career at Cannondale worki

U.K. Retail Strengthens in May…

The retail market in the U.K. continues to brighten in May according to the most recent report from the British Retail Consortium. Comparable store results rose 3.7% in May and total retail sales reportedly grew 6.5% for the month. The BRC cited clothing

Volkl Apparel Hires New U.S. Reps

After launching their apparel line in the US for 04/05, Völkl Performance Ski Wear has added two reps in the West to help build their sales force to six for 05/06. Tracy Ross will cover the states of Alaska, Idaho, Montana, Oregon and Washington. Represen

Russell Acquires AAI in $13mm Deal…

Russell Corporation has inked a deal to acquire the assets of American Athletic, Inc. for $13 million. The move is seen as a nice fit with RML’s recently-acquired Spalding business and offers a complementary hardlines component to the inflatables business

Dick’s Acquires Galyan’s in $362mm Deal

Dick's Sporting Goods and Galyan's Trading Company have entered into a definitive agreement and plan of merger for Dick's to acquire all of the issued and outstanding stock of Galyan's. Under the terms of the agreement, Galyan's s