SGB Update Sports & Fitness
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…
RECALL: 119,000 Gerber Bear Grylls Machetes
Gerber is recalling about 119,000 Bear Grylls machetes because a weakness in the area where the handle meets the blade can cause either to break during use, posing a laceration hazard…
Foot Locker’s Q2 Profits Soar on 9.8 Percent Comp Gain
Foot Locker, Inc. reported earnings jumped 59.5 percent in the second quarter ended July 28, to $59 million, or 39 cents per share. Sales increased 7.2 percent, to $1.37 billion with comps ahead 9.8 percent. Excluding the effect of foreign currency fluct
China’s Exceed Co. Adheres to Expansion Plans Despite Sharp Sales Decline
The company that owns one of China’s most popular domestic sporting goods brands will continue to open up new stores and remains on track to triple footwear production by next year despite rapidly declining sales…
Easton-Bell Project Qualifies for up to $2.3 Million in State Incentives
Illinois Department of Commerce and Economic Opportunity (DCEO) will award Easton-Bell Sports Inc. up to $3.4 million in tax credits, job training grants and other incentives if it hits employment and other targets at a massive new distribution, assembly
