SGB Update Sports & Fitness

Chugach Powder Guides Issues Mammut Avalanche Air Bags

A Removable Airbag System from Mammut will become part of Chugach Powder Guides' standard issue safety gear provided to each guest and guides when the renowned heli-ski operator opens for the 2013 season, demonstrating growing popularity and faith in

Brown Shoe Co. Lifts FY Guidance After Healthy Q3

Brown Shoe Company, Inc., the parent of Famous Footwear, reported sales inched up 2.6 percent in the third quarter to $732.2 million from $713.8 million a year earlier. Famous Footwear's comps were up 6.8 percent. Excluding exited brands, net sales w

SandP rates Bass Pro Group’s Term Loan ‘BB-‘

Bass Pro Group LLC is proposing to issue a $900 million term loan B due 2019. Standard & Poors said it is assigning its 'BB-' issue-level rating on the term loan, with a recovery rating of '3'.

European Pedelec Industry Hails Rulilng by European Parliment

The European Parliament voted Tuesday for a clear separation between active and passive transport in a move hailed by the European Cyclists' Federation (ECF), which had been lobbying for such a ruling to keep pedelec bikes from being regulated as mot

Nordstrom Partners With New Balance to Aid Kids

Nordstrom, New Balance and Shoes That Fit have come together to bring more than 8,100 children in communities around the U.S. new shoes. The annual Nordstrom Holiday Giving Tree program begins…

OIA VantagePoint: Solid Gains For Outdoor Product Sales in October

The Outdoor Hardgoods business surged in October, as harried consumers snapped up Battery Lanterns, Flashlights, Stoves, Coolers, Water Bottles and more just before and in the aftermath of Hurricane Sandy. Outdoor companies also donated many items — not c

Sequential Brands Group Names Yehuda Shmidman CEO

Sequential Brands Group, Inc., the parent of William Rast, People's Liberation and DVS Action Sports, announced that Yehuda Shmidman has joined the company as its CEO. He was COO at Iconix Brand Group, Inc. Colin Dyne has resigned effective immediate

Foot Locker’s Q3 Profits Soar on Double-Digit Revenue Gain

Foot Locker, Inc. reported net profits vaulted 60.6 percent in the third quarter, to $106 million, or 69 cents per share, compared with $66 million, or 43 cents, a year ago. Sales increased 9.3 percent, to $1.52 billion this year. Comparable-store sales

Spy-Branded Eyewear Sales Up 17 Percent in Third Quarter

Spy Inc. reported net sales increased by $700,000, or 8 percent, to $9.9 million for the quarter ended Sept. 30, 2012, as its reinvigorated line of Spy-branded sunglasses and goggles racked up double-digit growth despite the tough sell-in environment for

VF Corp. Eyes Opening More Full-Price Timberland Stores

VF Corp. is contemplating opening more full-price Timberland stores in the United States to coincide with the brand’s apparel re-launch next fall, CFO Bob Shearer told analysts at the Morgan Stanley Global Consumer & Retail Conference last week…