SGB Update Sports & Fitness

Colorado Resorts Hit by More Snow

Every resort in Colorado Ski Country received fresh snow over the weekend with those in the Southwest benefitting from some of the top accumulation totals the state has seen so far this season. Wolf Creek amassed 30 inches, Purgatory received 20 inches, S

Sports Direct’s Revenues Jump in First Half

Sports Direct, the U.K. sporting goods chain reported underlying profit before tax increased 26.4 percent in the half ended Oct. 28, to £125.1 million ($203 million). Group revenue jumped 22.5 percent to £1.09 billion ($1.76 billion) with significant grow

Puma’s CEO to Step Down

The Administrative Board of Puma SE announced that, by mutual agreement, Franz Koch will step down from his position as CEO of Puma at the end of March 2013. Along with the resignation as chairman in early December of former long-time CEO Jochen Zeitz, Pu

Brian Anderson Named CEO of Madd Gear

Madd Gear, the action sports brand, named Brian Anderson to the newly created role of president and CEO of Madd Gear Americas…

Phil Knight Donates $1125MM to Cardiovascular Health

The Oregon Health Sciences University (OHSU) Cancer Institute said it received a $125 million gift from Nike co-founder and chairman Phil Knight and his wife, Penney. The gift is believed to be largest philanthropic investment to advance cardiovascular me

Vans Appoints VP of Apparel

Vans appointed Vicki Redding as VP, apparel. Most recently, Redding was SVP, merchandise and design for La Jolla Group, directing the apparel, accessories and footwear business for five different brands including O’Neill, Metal Mulisha, The Berrics,

New Balance to Enter Skate Market

New Balance announced it will enter the skate footwear market through a licensing agreement with Black Box Distribution of Carlsbad, CA. Black Box will produce the new line of performance footwear and apparel under the New Balance Numeric, or NB#, brand..

Nike Seeks Tax Guarantees as Part of Oregon Expansion

Nike Inc. has told Oregon lawmakers it is willing to invest billions of dollars to create hundreds of jobs in the state if they can guarantee they wont change the state tax code. The request prompted Oregon Gov. John Kitzhaber to call a special session De

Aldila Signs Merger Agreement with Mitsubishi Rayon America

Aldila has agreed to be acquired by Mitsubishi Rayon America, Inc. for $4.00 per share in cash, or $22 million, representing a 60 percent premium over what the company's shares were trading for Dec. 3. Aldila makes carbon fiber shafts and other compo

Delta Galil Acquires LittleMissMatched

Delta Galil, the manufacturer of branded and private label apparel products, has agreed to acquire the trademarks of LittleMissMatched, best known for its sock line for girls…