SGB Update Sports & Fitness
Bill Chandler Becomes Partner at River Sports Outfitter
After 19+ years representing Mountain Hardwear in specialty outdoor retail channels, Bill Chandler will be transitioning into co-ownership of River Sports Outfitters in Knoxville, TN, where he will partner with industry veteran Ed McAlister. Mountain Hard
EMS to Celebrate Grand Opening of Second Portland, ME Store
Eastern Mountain Sports will host a grand opening of a new store in South Portland, ME on May 11-13. The 20,442-square-foot space triples the company's presence in the Portland market, where EMS has operated its Marginal Way store since 2005…
Gander Mountain to Open Store in Florence, AL
Gander Mountain announced plans to open a store at The Shoals of northwest Alabama…
Sears Collaborates with Outdoor Life on Hunt/Fish Apparel Line
Sears and Bonnier Corporation's Outdoor Life have entered a relationship to launch a line of Outdoor Life branded sportswear for men, available in over 800 Sears stores nationwide and on Sears.com, beginning Sept., 2012…
Black Diamond Reports Early Sales of Spring Products Countered Loss of Winter ASAP Volume in First Quarter
Black Diamond Inc.’s sales and margins increased in the first quarter despite a decline in ASAP orders for ski hardgoods as its dealers moved up spring deliveries of more profitable mountaineering and climbing products to take advantage of unusually
Broder Bros. Q1 Revenues Climb 5 Percent
Broder Bros., Co. reported first quarter 2012 net sales were $183.3 million compared to $173.9 million for the first quarter 2011. Income from operations was $2.3 million…
Gildan to Acquire Anvil Knitwear
Gildan Activewear Inc. has signed a definitive agreement to acquire 100 percent of the common shares of Anvil Holdings, Inc., the parent of Anvil Knitwear, for a total purchase price of approximately U.S. $88 million. Anthony Corsano, president and CEO of
Academy Sports Tops J.D. Power Customer Service Survey
Academy Sports + Outdoors placed first in J.D. Power and Associates' inaugural report measuring the overall sporting goods retailer customer satisfaction experience. Others scoring high across a variety of measures were Hibbett Sports and Play It Aga
OBIT: Klaus Lenhart, CEO of Leki
Klaus Lenhart, owner of Leki poles, died in a plane crash on Monday. He was 56 years old…
March Golf Rounds Continue Strong
According to Golf Datatech, golf rounds played on a national level were up 29.5 percent in March 2012 over March 2011. The biggest regional jumps came in the Mid Atlantic, New England, East North Central, and West North Central…
Big 5 Stymied by Mild Winter Weather in Q1, Q2 Sales on the Uptick
Big 5 Sporting Goods Corp reported a sharp drop in first-quarter earnings on lower margins and a 2.9 percent comp decline. The chain blamed the shortfall on continued macroeconomic weakness in its Western U.S. market, and the absence of winter weather ac
Candian Tire Charity Launches $2M Fundraiser
Canadian Tire’s Jumpstart announced its One Million Red Balls campaign, which begins May 4 and culminates with the charity's fourth annual Jumpstart Day on May 26. The campaign aims to raise $2 million to help 20,000 children from low-income fa
Wolverine Acquires Collective Brand’s PLG Brands for $1.23 Billion
Wolverine Worldwide has agreed to acquire Collective Brands' Performance + Lifestyle Group (PLG), which includes the wholesale and retail operations of the Sperry Top-Sider, Saucony, Stride Rite and Keds brands, for $1.23 billion. Investment firms Bl
Grassroots Outdoor Alliances Funds Outdoor Nation Grant
The Grassroots Outdoor Alliance joined forces with Outdoor Nation to launch a new activation grant program that will provide $10,000 to four innovative ‘grassroots’ projects that get young people outdoors and active. Only employees of the more
Adidas Marketing Exec Sent to Prison in Fraud Scheme
Britney Obstar, a former marketing manager at Adidas, was sentenced today by United States District Judge Garr M King to serve one year and one day in prison for orchestrating a fraud scheme that resulted in a $336,000 loss to Adidas. Judge King also orde
