SGB Update Sports & Fitness

Spy Brand Continues Momentum in First Quarter

Spy Inc.’s strategy of shedding licenses to focus on its eponymous action sports eyewear brand appears to be yielding results. The company reported sales of Spy-branded eyewear grew year-over-year for the eighth consecutive quarter to reach…

Puma Cuts Outlook on Weak Q1

Puma SE last week reduced its outlook for 2013 revenue and profit after reporting first-quarter results came in below plan…

REI Releases 2012 Stewardship Report

REI was able to achieve an absolute reduction of operational CO2 by 7.6 percent and a 53 ton decrease in its waste to landfill contributions in 2012 despite growing sales 7.4 percent, according to the company's 2012 Stewardship Report…

Mountain Resorts Performed Best in East

Eastern mountain resorts fared far better than their western counterparts over the winter, according to the latest data released by the Mountain Travel Research Program. Results were boosted by a big surge in April, when actual occupancy rose 28 percent a

Green Lanes Advocates Convene in Austin

City leaders from six U.S. cities convened Wednesday in Austin, Texas to kick off an unprecedented two-day leadership summit to discuss green lanes and equity. The focus of the summit is on building support for modern, next-generation green lanes, also c

Invista Moves Forward with Nylon 6,6 Plans in China

Invista signed an agreement that moves it closer to building an integrated nylon 6,6 polymer facility in China. Known for its strength at high temperature as well as impact, chemical and abrasion resistance, nylon 6,6 offers significant advantages in many

Skechers’ Q1 Revenues Climb 28.6 Percent

Skechers USA, Inc. reported first quarter sales rose 28.6 percent to $451.6 million from $351.3 million in the first quarter of 2012. Earnings from operations for the first quarter of 2013 were $15.3 million versus a loss from operations of $4.4 million

Raleigh to Send Consumer to DealerCamp in July

Raleigh Bicycles and Lifeboat Events will send a cycling enthusiast to Bike DealerCamp 2013 at the Deer Valley Resort in Utah this July via a sweepstakes promotion on Facebook…

OIA VantagePoint: Outdoor Product Sales Edge Up in April

Outdoor Product sales grew in fiscal April by 1.2 percent to $673.6 million, slower than the year-to-date trend, according to the latest monthly sales report from OIA VantagePoint. Growth was primarily driven by solid sales in Outdoor Hardgoods, while Foo

Judge OKs Settlement Over Skechers Toning Claims

A federal judge approved a $40 million class-action settlement Monday between Skechers USA Inc. and consumers who bought toning shoes, according to a report by the Associated Press. The approval comes a year after Skechers reached a deal with the Federal

Giant Manufacturing Reports Sales Declined in US in First Quarter

Giant Manufacturing reported consolidated revenue was TWD13.2 billion ($448 mm) in the first quarter, up 3.5 percent from the same period in 2012 due to favorable exchange rates. The bicycle manufacturer reported sales rose 30 percent in mainland China, w