SGB Update Sports & Fitness

RECALL: 140 Easy Go XP Lock Via Ferrata Lanyards

Liberty Mountain of Salt Lake City is recalling about 140 Easy Go XP Lock Via Ferrata Lanyards because the elastic webbing on the lanyards can deteriorate over time and break while in use, posing a risk of serious injury or death to the climber…

Volcom Launches First Closed-Toe Collection

Volcom announced they will debut their first ever closed-toe footwear collection after twenty-two years. Following the acquisition of the Volcom brand in 2011 by PPR…

K-Swiss Shrinks Q4 Loss

K•Swiss Inc., which in January entered into an agreement to be acquired by E.Land World, reported a net loss of $14.5 million, or 41 cents a share, in the fourth quarter, versus a loss of $25.2 million, or 71 cents, a year ago. For the fourth quarter of 2

Singletrack High Documentary Begins National Tour

A documentary showcasing the extraordinarily positive impacts of the high school cycling movement is about to begin a nationwide tour of the USA. Taking a close look at the National Interscholastic Cycling Association’s (NICA) NorCal High School Cyc

Costa and Native Eyewear Set Fourth Quarter Records

A.T. Cross Company reported its Cross Optical Group (COG), which owns the Costa and Native eyewear brands, generated record results in the fourth quarter, exceeding its own guidance. COG revenue grew 27 percent to reach $16.3 million in the fourth quarte

Pro Feet Founder Receives Duke Energy Award

Russell Wilson, founder of Pro Feet, was awarded the Duke Energy Citizenship and Service Award at the Alamance County Chamber of Commerce annual dinner on Jan. 24…

Nordstrom’s Q4 Earnings Up Sharply

Nordstrom, Inc. reported a 26 percent increase in earnings per diluted share of $1.40 for the fourth quarter ended Feb. 2, 2013 compared to $1.11 per diluted share for the same quarter last year. Net sales in the fourth quarter were $3.6 billion, an incre

Portland Startup Accelerator Program Accepting Applications

The Portland Development Commission began accepting applications on Feb. 14 for Startup PDX: Challenge, a new initiative to connect startups to all Portland has to offer. Sporting goods startups are encouarged to apply…

Perry Ellis Lowers Q4 Guidance

Perry Ellis International, Inc. indicated a shipment delay in part resulted in fourth-quarter results coming in below expectations…

Foot Locker to Ramp Up Capital Spending in 2013

Foot Locker, Inc. announced that its the board of directors approved a $220 million capital expenditure program for 2013, a significant increase over the approximately $163 million spent in 2012. The company plans to invest in its many growth opportunitie

MTRiP Reports Reservation Spikes at Western Mountain Resorts

According to the most recently released data by the Mountain Travel Research Program (MTRiP), actual occupancy as well as reservations for the coming six months increased in January due to an improving economy and snowfall.

CalPERS To Sell Stock in Gun Manufacturers

CalPERS on Tuesday moved to unload $5 million worth of investments in Smith & Wesson and Sturm Ruger and follows the Dec. 14 shootings in Newtown, CO…