SGB Update Sports & Fitness
Deckers Amends Credit Facility
Deckers Outdoor Corp. said that on August 10, it entered into a new credit agreement that increases the secured revolving credit facility under the original credit agreement from $200 million to $400 million. It also increases the sublimit for the issuanc
Broder Bros. Earnings Tumble in Q2
Broder Bros., Co. reported that revenues and earnings declined in Q2 of 2012 on lower gross margins and lower average selling prices, despite an increase in units sold in the U.S. imprintable activewear market…
Airwalk Partners with Race Car Driver Savannah Ivanitski
Airwalk announced a new partnership with Denver-based professional race car driver Savannah Ivanitski…
Outdoor Industry Volunteers to Converge Wednesday in Portland
On Wednesday, August 15, The Conservation Alliance and member companies Columbia Sportswear, KEEN, REI, Icebreaker, Under Solen Media, The North Face and Merrell will partner with Forest Park Conservancy, Portland Parks, Friends of Tryon Creek, SOLV, and
Escalade Sees Q2 Revenues Bolstered By Sporting Goods Business
Escalade, Incorporated reported that revenues for the second quarter of 2012 improved largely on the strength of its Sporting Goods business, offset by weakness in its Information Security and Print Finishing business. Net sales for the quarter ended Jul
July Retail Sales Surprise on the Upside
Retail sales by sporting goods, hobby, book & music stores increased 1.6 percent in July over June, or twice as fast as sales by general retail establishments, according to surprisingly strong estimates released by the U.S. Census Bureau that sent many re
Report: Spyder On the Selling Block
Spyder Active Sports Inc., which is owned by private-equity firm Apax Partners, is being put up for sale with hopes to fetch as much as $150 million, the New York Post reported Friday…
Maryland Grants Seek to Position State as Premiere Cycling Destination
Maryland Gov. Martin O'Malley approved $44,500 for the City of Baltimore’s Bicycle Safety Education Program as he continues to position the state as a premiere cycling destination. The Department of Transportation will partner with Bike Marylan
West Marine Accepting Entries for Green Product Contest
West Marine began accepting applications for its fourth annual Green Product of the Year Award, which seeks to encourage green product development throughout the marine industry. The award of $10,000 will be presented to the winner at the 2013 Miami Inter
Penney Logs Loss in Q2
J.C. Penney Co. Inc. reported an adjusted net loss in the second quarter of $81 million or 37 cents per share, excluding restructuring and management transition charges, inventory transition markdowns, gain on the redemption of the Simon REIT units, net o
Pacific Sunwear Replaces SVP of Men’s Merchandising From Within
Pacific Sunwear of California, Inc.'s Senior VP of Men’s Merchandising Charlie Mescher resigned and was replaced by Alfred Chang, who was promoted from within…
Skullcandy Hires IP Protection Firm
Skullcandy, Inc. retained Varangians, LLC to lead its domestic and international efforts to handle intellectual property enforcement. Varangians was recently founded by Vance Lommen, who established brand protection systems for Oakley and Luxottica Group.
Whistler Blackcomb EVP/CFO Kevin Smith to Resign
Whistler Blackcomb Holdings Inc. announced the resignation of Kevin Smith as executive vice president and chief financial officer for personal reasons, effective September 10, 2012. On that date, Dave Brownlie will be appointed interim CFO of the corpora
Dick’s SG To Open Relocated Store in Syracuse, NY
Dick's Sporting Goods will be opening its relocated store this week at Destiny USA in Syracuse, NY. The store will open its doors on Wednesday, August 1…
Bauer’s Revenues Up 18 Percent in Q4
Bauer Performance Sports Ltd.'s fourth quarter revenues grew by 18 percent to $80.5 million due to strong growth in sales of ice hockey equipment. Overall revenues increased 22 percent for the 12 months ended May 31, led by strong performance in all
