SGB Update Sports & Fitness
Teko USA Hires New Reps in Eastern United States
Teko USA has hired new rep agencies in New England and the Carolinas. Additions include John…
Gill Athletics Names Scholarship Recipient
Jemel Balkman has been awarded a scholarship from Gill Athletics for the USATF Level I Coaches Education School to be held at Villanova University from March 16-18th…
Genesco Q4 Earnings Soar on 12 Percent Comp Increase
Genesco Inc. said that adjusted for the nonrecurring items in both periods, earnings jumped 51.8 percent in the fourth quarter. Sales increased 29 percent to $723 million. Comparable store sales increased by 12 percent. The Lids Sports Group's compa
Hydrapak Lands OEM Deal to Make Quiksilver SUP Pack
Hydrapak has been chosen by Quiksilver as the full-service OEM provider for the Quiksilver Swig pack. Slated to hit store shelves this summer, the Swig pack is designed for the stand-up paddle surf market…
Adidas Outdoor Sponsoring Hueco Rock Rodeo
Adidas Outdoor will serve as the title sponsor of the 19th Annual Hueco Rock Rodeo bouldering competition set in the desert oasis of Hueco Tanks, Texas, this weekend…
Insurance Settlement to Boost Johnson Outdoor 2012 Earnings
Johnson Outdoors Inc. has received a $3.5 million settlement resolving a claim with its insurance carriers that will contribute approximately 22 cents per diluted share in positive earnings in the current fiscal year…
Stein Mart’s Sales Flatline in February
Stein Mart, Inc. eked out a 0.7 percent increase in comparable store sales in the four-week period ended Feb. 25 and reported total sales for the period reached $80.7 million, up 0.3 percent from $80.4 million in February…
Bon-Ton Sees Slight Uptick in February Comps
The Bon-Ton Stores, Inc. announced comparable store sales for the four weeks ended Feb. 25 increased 0.7 percent. Total sales increased 0.9 percent to $199.4 million for the four weeks compared with $197.7 million for the prior year period…
Dick’s Sporting Goods Extends Champions Tour Contract
Dick's Sporting Goods announced it is extending its contract as the title sponsor of the Champions Tour event at En-Joie Golf Course in Endicott, N.Y. for additional three years. A move that means a PGA tournament will continue to be held in Broome C
Johnson Outdoors Receives $3.5M Settlement
Johnson Outdoors Inc. announced it has received a $3.5 million settlement resolving the company's long-standing claim with its insurance carriers. The company initiated legal proceedings in May 2005 to seek coverage related to an intellectual propert
Billabong Appoints Retail Advisor
Following its decision to decline a revised offer from TPG Capital to purchase the company for $3.30 per share, Billabong said it had appointed former Target Australia managing director Launa Inman as a retail advisor…
Luxottica Expects Wholesale Division to Grow 15 Percent This Year
Luxottica reported sales rose 7.3 percent in 2011 and said it expects its Wholesale Division, which includes the Ray-Ban and Oakley sunglass brands, will grow by more than 15 percent in North America this year…
Phil Knight to be Inducted into Basketball Hall of Fame
Phil Knight, founder of Nike, was among five people elected to the basketball Hall of Fame in the “Contributor” category…
Callaway Golf Appoints Chip Brewer as New CEO
Callaway Golf Company appointed Chip Brewer as president and chief executive officer of the company, effective March 5, 2012. Brewer has been with Adams Golf since 1998 and has served as its president and CEO since 2002. Tony Thornley, who has served as i
Bogs, Rafters Power Sales Growth at Weyco Group
Weyco Group, Inc. reported that its purchase of the parent company of Bogs and Rafters footwear boosted its net sales to $75 million in the fourth quarter ended Dec. 31, up 20 percent compared to fourth quarter 2010 sales of $62 million…
