SGB Update Sports & Fitness

Tefron Signs Licensing Agreement for XTS Sportswear

Tefron announced a licensing agreement with X-Technology Swiss Research & Development AG (“XTS”) in which Tefron has been granted exclusive rights to manufacture, market and distribute XTS sportswear brands in North America…

Black Diamond to Acquire Gregory’s Japanese Distribution Assets

Black Diamond, Inc. has signed a definitive agreement to acquire the Japanese distribution assets of Gregory Mountain Products from Kabushiki Kaisha A&F (“A&F”), the exclusive distributor for Gregory in Japan. A&F is expected to remain Gregory

Under Armour Names SVP, Executive Creative Director for Women’s

Under Armour announced that Leanne Fremar has been named SVP, executive creative director for women’s, effective Nov. 11, 2012. Fremar joins Under Armour from Theory, where she served as the brand's creative director for the past 10 years…

Adidas to Host Factory Workers Support Summit

Adidas AG has organized a summit next month in Switzerland with manufacturers, financing institutions, insurance experts and others to discuss creating a private insurance fund for workers affected by factory closures. The event, coordinated in partnershi

Survey: US Parents Spend $671 Per Year on Sports-Related Costs

On average, U.S. parents spend $671 a year on sports-related costs, with 21% of parents spending more than $1,000 per child, according to the findings of a survey released by U.S. couponing site RetailMeNot.com and jointly conducted with The Omnibus Compa

SGMA Webinar: Female Participation Key to Team Sports Future

Overall participation in team sports in the U.S. is down, but there are positive forces at work which could ‘turn the tide.’ That was the major theme of a webinar hosted by the Sporting Goods Manufacturers Association (SGMA) held Sept. 27, wh

Nike’s North America Momentum Can’t Offset China Concerns

Nike Inc., largely as expected, reported earnings slid 12.1 percent in its first quarter ended Aug. 31 due to lower gross margin, higher SG&A, unfavorable currency translation and an increase in the tax rates. Excluding currency changes, revenues were up

Sports Direct to Acquire 60 JJB Stores in UK

Sports Direct International Plc will buy 60 stores of JJB Sports, the rival British retailer that announced Monday it was calling in administrators to liquidate its assets after failing to attracting investors…

Vibram USA Named Grassroots Outdoor Alliance Vendor Partner

Vibram USA, Inc., which turned Vibram FiveFingers into a $100 million brand within five years of launching the footwear brand through specialty retailers, has joined Grassroots Outdoor Alliance as a vendor partner…