SGB Update Sports & Fitness
Group Rossignol USA Promotes Steele to President’s Post
Ron Steele, formerly vice president of sales and marketing for Rossignol USA, has been promoted to president of Group Rossignol North America to replace Tim Petrick, who left to take a top position at K2 Sports. Petrick had held the post since January 201
Finish Line Appoints VP, Digital Technology
The Finish Line, Inc. announced that Harvey Bierman has joined the company as vice president, digital technology. Bierman has more than 20 years of retail experience, including an extensive background in the footwear industry. He comes to Finish Line afte
Billabong Posts FY Loss, Reveals Turnaround Plan
Billabong International Limited reported a net loss after tax of $275.6 million in the twelve months ended June 30 while also announcing its Transformation Strategy for the company…
Collective Brands Shareholders Approve Sale of Company
Shareholders of Collective Brands, owner of the Payless and Stride Ride shoe store chains, have approved the sale of the company to an investment group that includes Wolverine Worldwide Inc. for more than $1.3 billion. Collective stockholders voted at a s
Cabela’s Announces First Stores for Virginia and Delaware
Cabela’s Incorporated announced it will open its first stores in Virginia and Delaware in 2014. The retailer plans to commence construction on both stores next year…
Lenzing Forecasts Falling Prices for its Cellulosic Fibers
The Lenzing Group expects average prices for its cellulosic, or wood-based fibers, to decline in the back half of the year as textile companies work through a surplus of cotton…
Pacific Sunwear Cuts Losses, Excluding Charges
Pacific Sunwear of California reported sales improved slightly in the second quarter, to $210.3 million versus net sales of $200.9 million for the second quarter of fiscal 2011 ended July 30, 2011. Comps were up 5 percent, thanks in part to new brands tha
Sanuk Surfing Team Expands with California Native Kilian Garland
Sanuk, a division of Deckers Outdoor Corporation, announced the addition of Kilian Garland to its fast growing surf team…
Confluence Watersports Parent Refinances Recourse Debt
American Capital, Ltd., which has owned a controlling interest in Confluence Watersports since 2005, completed the refinancing of all of its recourse debt with a new four-year $600 million institutional term loan facility with J.P. Morgan Chase Bank, N.A.
Mountain Plus Outdoor Gear Makes Inc. 5000 List
Inc. magazine ranked Mountains Plus Outdoor Gear of Mercer Island WA 64th in retail (#24 in Seattle and #1301 overall) on the 2012 Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies…
J.P. Morgan Takes $45 Million Stake in Brazil’s Dafiti
Dafiti, Brazil's largest fashion e-commerce retailer, announced that J.P. Morgan Asset Management will invest $45 million (R$90 million) in the company. J.P. Morgan Asset Management will take a stake in Dafiti through a German holding company in an a
Nordstrom Introduces iPad App
Nordstrom, Inc. has launched a new iPad app to give customers a convenient and fun way to shop from Nordstrom using the device. The Nordstrom app is now available for free through the Apple iTunes store…
US Forest Service Approves 543-acre Expansion of Breckenridge Ski Resort
Vail Resorts, Inc. received approval from the U.S. Forest Service for a 543-acre terrain expansion in the Peak 6 area of Breckenridge Ski Resort. Peak 6 will include 400 acres of lift-served terrain and 143 acres of hike-to terrain. The company expects to
Study: Fishing Finally Gains Participants…
For the first time in years, fishing participation in the U.S. is up, according to the Recreational Boating & Fishing Foundation (RBFF), due in large part to women taking up the sport…
Horny Toad Names New Rep in Great Lakes Territory
Horny Toad has appointed Tom Lawrence as its sales representative for the Great Lakes territory. Horny Toad is currently represented in nine major markets across the United States…
