SGB Update Sports & Fitness

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…

Princeton Tec Praised By U.S. Secretary of Labor

Princeton Tec was praised by U.S. Secretary of Labor Hilda Solis as an example of insourcing and domestic manufacturing during her visit to the company's Bordentown, NJ headquarters…

Moosejaw Expanding Headquarters

Moosejaw has exercised its option to lease an additional 36,878 square feet of space at its headquarters building in Michigan to accommodate its growth…

Oil Prices Could Pressure Synthetic Fiber Suppliers

After a year of synthetic fiber prices remaining relatively stable in the midst of a volatile cotton market, gross margin erosion could become a more significant risk among companies using or producing goods such as nylon and polyester if crude oil prices

Nikwax N.A. Hires Newest Rep Agency

Nikwax North America hired Outdoor Marketing Alliance (OMA) as the company’s newest sales rep agency. The sales specialist and marketing group will support Nikwax in 20 states in the Southeast, South Central and Upper Midwest part of the U.S…

Nike Backs Youth Fitness Initiative

A new report titled “Designed to Move” reveals a growing epidemic of physical inactivity threatening the social and economic prosperity of the world. Presented by Nike, The American College of Sports Medicine, The International Council of Science & Physic