SGB Update Sports & Fitness

Rutgers Ends Adidas Contract Over Labor Issue

Rutgers University reportedly became the fourth school in the nation to sever its ties with Adidas. Activists across several colleges have alleged Adidas failed to comply with Indonesian law when the P.T. Kizone company did not pay severance compensation

Compass Diversified Holdings Names New CEO

Compass Diversified Holdings (CODI), which owns CamelBak Products and mountain bike components maker Fox, named a new CEO Friday to replace one who has been on a leave of absence pending an investigation by the Securities and Exchange Commission…

Zumiez Sees Modest BTS Growth

Zumiez Inc. reported sales for the third quarter increased 16.9 percent to $180.0 million from $154.0 million a year ago. Comparable store sales grew 3.7 percent on top of a comparable store sales increase of 6.0 percent in the third quarter of fiscal 201

Fleet Feet Announces Corporate Restructure, Senior Management Hire

Fleet Feet, Incorporated, the nation’s leading franchisor of running specialty stores, announced two promotions and a senior management hire to help manage the company’s aggressive growth plans. Luke Rowe has been elevated to the position of

Lowa Boots to Sponsor Competition at Ouray Ice Festival

Lowa Boots has announced that they will sponsor the Hari Berger Speed Climbing Competition at the 2013 Ouray Ice Festival to honor the legendary climber who won three Ice Climbing World Championships while wearing Lowa boots…

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…