SGB Update Sports & Fitness
Hong Kong’s Peak Sports Warns Inventory Glut Will Hurt 2012 Sales and Earnings
Peak Sports of Hong Kong warned its shareholders that its unaudited consolidated net profit for the six months ended June 30 and unaudited consolidated net profit for the year ended Dec. 31, 2012 are expected to decrease considerably when compared to thos
Klymit Adds Account Managers
Klymit has added two new sales team account managers. Nate Baldwin and Tanner Allen will work to grow and maintain Klymit’s business relationships with retailer and dealers across the country…
Adidas Secures New Credit Facility
Adidas AG said it signed a €500 million ($625 mm) revolving credit facility. The new transaction was syndicated as the Group's €2 billion revolving credit facility established in October 2005 expires this year. The facility secures the Gr
OIA Extends Early-Bird Registration for Rendezvous to July 6
Outdoor Industry Association (OIA) has extended early-bird registration for OIA Rendezvous until July 6 due to server difficulties that prevented online registration Wednesday and Thursday morning. All technical difficulties have been resolved, and people
NRF Lambastes Supreme Court Ruling on Affordable Care Act
The National Retail Federation said it was disappointed with Thursday's landmark ruling by the U.S. Supreme Court upholding the constitutionality of the Affordable Care Act. NRF CEO Matthew Shay said the law is a “partisan measure riddled with punit
Clif Kid Announces Seven Finalists for Backyard Game of the Year Contest
Clif Kid announced six finalists for the second annual Backyard Game of the Year contest. At a July 14 playoff in San Francisco, U.S. Olympic Gold Medalist Jonny Moseley and best-selling author and outdoor play advocate Richard Louv, will decide who wins
NSGA Reacts to U.S. Supreme Court Ruling on Affordable Care Act
In a ruling earlier on Thursday, the U.S. Supreme Court upheld President Obama's Affordable Care Act, a historic piece of legislation enacted in 2011. As an association that advocates on behalf of sporting goods retailers and team dealers, NSGA will
Cabela’s Inc. Announces the Closing of $500 Million Securitization
Cabela’s Inc. announced today that Cabela’s Credit Card Master Note Trust successfully completed the sale of $500 million of Asset-Backed Notes, Series 2012-II…
Under Armour Adds Two Directors
Under Armour, Inc. announced that Brenda Piper, chief marketing officer for the Animation, Young Adults & Kids Media Group of Turner Broadcasting System and Admiral Eric Olson, U.S. Navy (Retired), former head of the United States Special Operations Comma
RECALL: 170 Catbike Musashi Recumbent Bicycles
Big Cat Human Powered Vehicles LLC, of Winter Garden, FL is recalling about 170 Catbike Musashi recumbent bicycle because the bicycle frame can crack, which can cause the rider to lose control and crash…
Sports Concussion Management System Unveiled at the National Athletic Trainers Association Conference in St. Louis
At the National Athletic Trainers Association Conference Product Learning Theater at the America's Center in St. Louis, Dr. Harry Kerasidis, board certified neurologist and founder of XLNTbrain Inc., introduced XLNTbrain-Sport, the first comprehensiv
Dick’s SG Partners with Drew Brees Around Concussion Awareness
The Dick's Sporting Goods Foundation announced that it has partnered with world champion All-Pro quarterback Drew Brees and ImPACT for PACE, the concussion awareness and education program. PACE, which stands for Protecting Athletes through Concussion
Forest Service Reports Shift to More Passive Outdoor Recreation
A study released by the U.S. Forest Service (USFS) last week, projects steady and even robust growth in participation in outdoor sports through 2060 despite declining participation rates in several core activities…
Spending on Tourism Related Recreation and Entertainment Accelerated in First Quarter
Real spending on travel and tourism-related recreation and entertainment grew 3.7 percent in the first quarter in marked improvement over a year earlier, when such spending fell 2.8 percent, the Bureau of Economic Analysis of the U.S. Department of Commer
Patagonia Launches Vote the Environment Campaign
Patagonia Inc. launched its Vote the Environment campaign in which it asks customers to register to vote, learn about candidates' environmental records and vote for the world they want to live in. The apparel company has partnered with the rock band,
