SGB Update Sports & Fitness
Despite Record First Quarter, Columbia Expects Lower 2013 Results
Columbia Sportswear Company’s net sales increased 5 percent in the quarter to set a first quarter record as cold weather helped it clear winter inventory, but the company expects sales to decline for the fully years as North American dealers trim pr
K-Swiss Announces Stockholder Approval of Merger with E.Land
K•Swiss Inc. announced that, at a special meeting of stockholders held earlier Friday, its stockholders approved the merger agreement with E.Land World Limited. As part of the agreement, K•Swiss will become an indirect wholly-owned subsidiary of E.Land…
Grassroots Outdoor Alliance Adds Two Partners
Grassroots Outdoor Alliance has admitted Next Adventure of Portland, OR as its newest retail member and Nite Ize as its newest vendor member…
Unifi Reports Q1 Sales Decline, But Foresees Strong June
Unifi Inc, a major supplier of recycled and other premium nylon yarns used by sports apparel brands, reported net sales decreased 6.0 percent in the first quarter, but foresees a strong second quarter…
Clif Bar Promotes Kevin Cleary to CEO Position
Clif Bar & Company President and COO Kevin Cleary has been promoted to the position of chief executive officer. Owners Gary Erickson and Kit Crawford will continue as co-chairs of Clif Bar & Company’s board of directors and become co-chief visionary
Adidas Golf Reports Strong Q1 For Footwear
Adidas Golf announced record-breaking footwear sales for the first part of 2013 with February marking the highest sales period for the global golf brand since it was formed back in 1999…
TSA Postpones Allowing Small Knives, Sports Equipment Back on Planes
The Transportation Security Administration is postponing letting passengers carry small knives back aboard airline flights. Bats, golf clubs and other sports equipment that was set to be permitted under the new rule, will also stay banned, for now…
Keds Apparel Line to Debut at Macy’s
This month, Keds new apparel line is launching at 150 Macy’s stores nationwide and online at macys.com and Keds.com. The collection of sportswear separates…
Billabong Extends Talks With Potential Bidder
Billabong International Ltd. has extended exclusive talks for 10 more days with a group led by a former Americas director Paul Naude and Sycamore Partners Management for a A$287 million ($295 million) takeover…
Former Cleveland Golf CEO Launches Start-Up
Greg Hopkins, the former CEO of Cleveland Golf/Srixon, has formed a new golf company to offer tour authentic, custom built equipment direct to consumers…
Dick Cabela to Transition to Chairman Emeritus June 5
Cabela's Incorporated Co-founder and Chairman Richard N. Cabela will transition to the role of chairman emeritus effective June 5, 2013, the date of Cabela’s 2013 annual shareholders' meeting. His brother, James W. Cabela, Cabela’s v
First Footwear Cares National Footwear Community Service Week Launched
Two Ten Footwear Foundation announced that 65 footwear organizations have united in the industry’s first-ever Footwear Cares National Footwear Community Service Week, April 21-27, which coincides with National Volunteer Week…
OIA VantagePoint: Outdoor Apparel Sales Remained Strong Through March
Outdoor Product sales showed solid growth in fiscal March, up 7.6 percent to $881.4 million, according to the latest monthly sales report from OIA VantagePoint™. The growth was driven primarily by strong sales in Outdoor Apparel, along with the Outdoor Fo
Goal Zero, Keen and SmartWool Back Mud Race Series
Competitor Group, Inc. (CGI) announced that Goal Zero, Keen and SmartWool have signed on as official sponsors of the REI Muddy Buddy Adventure Series benefiting the Prostate Cancer Foundation. The series will take place in nine U.S. cities in 2013…
Under Armour Lifts FY Guidance After Robust Q1
Under Armour, Inc. reported revenues increased 23 percent in the first quarter of 2013. Apparel revenues jumped 22 while footwear advanced 27 percent. Earnings were down due to the timing of marketing investments but came in ahead of Wall Street's ta
