SGB Update Sports & Fitness
JJB Sports Seeks Funding, Appoints Bob Corliss As Chairman
JJB Sports Plc, the UK sporting goods chain, revealed that it is seeking further funding, just three months after receiving a £30 million (U.S. $47m) cash injection in April. The funding search comes as results have deteriorated in recent months. The comp
Mountainsmith Names Sales and Marketing Coordinator
Mountainsmith hired Jeremy Dodge as sales and marketing coordinator to maintain its website, expand direct marketing, manage sponsorships, assisting new dealers and following up on new distribution channels…
Unifi Extends Yarns Agreement with Hanesbrands
Unifi Manufacturing, Inc. extended its yarn supply agreement with Hanesbrands Inc. for the first time since entering the agreement in November, 2009 to assure supplies for the apparel company's manufacturing operations in the Western Hemisphere…
Retailers See Bright Back-To-School Sales
According to NRF's 2012 Back-to-School spending survey conducted by BIGinsight, the average person with children in grades K-12 will spend $688.62 on their children, up from $603.63 last year. Parents estimate they will spend an average of $246.10 on
SGMA To Launch Industry Leaders Summit in September 2013
The Sporting Goods Manufacturers Association (SGMA) Industry Leaders Summit will feature sessions ranging from managing geo-political risk, emerging market analysis and the future of sourcing to forecasting the merger and acquisition environment and the c
Meade Instruments Losses Widen on Missed Telescope Shipments
Meade Instruments Corp. reported its losses quadrupled to $800,000, or 65 cents per share on slightly lower sales in the first quarter ended May 31, as it missed shipments of new telescopes. The designer and manufacturer of consumer optical products, incl
Leatherman Reaches Deal to Acquire PocketToolX Company
Leatherman Tool Group, Inc. (LTG) has signed a definitive agreement to acquire the PocketToolX Company, manufacturer of the unique, single-piece multi-tools…
Petzl America Names New Sales Director
Petzl America appointed Blair Williams to sales director. Williams joins Petzl with a strong professional background in business-to-business sales and a passion for alpinism, climbing, and the outdoors…
SpendingPulse: Small Retailers Continued to Set Sales Pace in June
June spending at small retailers increased 8 percent compared to June 2011, according to a SpendingPulse report released today by MasterCard Advisors and Wells Fargo, the nation’s largest small business lender…
Adidas to Close Only China Factory
Adidas AG has decided to close its only apparel factory in China as part of its plan to reconsolidate its global resources. The factory in China's coastal city of Suzhou will be closed at the end of October, the company told Reuters…
Li-Ning Sponsors Red Bull King of the Rock Tournament
Li-Ning will serve as the official footwear and apparel partner for Red Bull King of the Rock, the first official sporting event ever to be held on Alcatraz Island…
Movement Skis Locks in Exclusivity on Thin-Ply Tehcnology
Movement Skis signed an exclusive three-year deal for North Thin-Ply Technology (TPT), the revolutionary ski construction technology that provides the backbone of their strikingly ultralight X-Series ski collection, according to Garmont North America, whi
OIA VantagePoint: June in Like a Lion, Out Like a Lamb
Outdoor product sales growth lost some momentum as June progressed but sprang to life again in July. Hot weather and a well-positioned mid-week holiday helped send consumers into the cool respite of retail. According to point-of-sale data compiled by Spor
Five Ten Restructures European Sales and Marketing Team
Five Ten, the climbing and bike shoe specialist acquired by Adidas in November 2011, has restructured its European sales and marketing team. The new team will work out of new offices based in Herzogenaurach, Germany as of Aug. 1…
Polartec CEO Andrew Vecchione to Step Down
Andrew J. Vecchione, president and CEO of Polartec, LLC, announced that he has decided to step aside, effective upon the appointment of his successor. Vecchione will remain with the company as a senior adviser, board of directors member and equity partici
