SGB Update Sports & Fitness
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…
NSSF Appoints Director of Recruitment
The National Shooting Sports Foundation, the trade association for the firearms, ammunition, hunting and shooting sports industry, has promoted Melissa Schilling to director of its recruitment and retention initiatives…
Jordan Brand Gives Back to the Orlando Community
On Thursday, Feb. 23, the Jordan Brand, in association with the City of Orlando and the Boys & Girls Clubs of Central Florida, kicked off NBA All-Star 2012 with a celebration at Jones High School in Orlando, FL. The Jordan Brand's corporate responsib
Vibram to Open FiveFingers Store and Brand Showroom in Boston
Vibram USA will be opening its first flaship store in the United States on Newbury Street in Boston, where consumers will be able to purchase FiveFingers shoes and learn more about the Vibram brand and its contribution to outdoor and lifestyle footwear…
Thriving Costa and Native Sales Boosting Margins at A.T. Cross
A.T. Cross Company said growth at its Cross Optical Group (COG), which owns the Costa and Native sunglass brands, continues to boost profits and sales…
Lack of Snow Greatly Slows Pace of Reservations for Spring Skiing
A lack of snow dramaticlaly slowed the pace of reservations at western mountain resorts in January, according to the most recent data from Mountain Travel Research Program, or MTRiP.
Pon Holdings Adds Cervélo to Emerging Bicycle Group
Pon Holdings acquired Cervélo Cycles of Toronto, marking the second instance of a large European cycling company buying a North American cycle brand in as many months…
Sturm Ruger Posts Higher FY11 Profit
Sturm, Ruger & Company, Inc. reported revenues climbed 28.8 percent in 2011 to $328.8 million from $255.2 million in 2010. EPS reached $2.09 per share, compared with $1.46 per share in 2010. For the fourth quarter of 2011, sales jumped 45.4 percent to $93
Sigg Switzerland AG Appoints New CEO
The executive board of Sigg Switzerland AG has named Patric Zingg as the new CEO of Sigg Switzerland AG, which has manufactured beverage bottles for more than a century. Zingg joins the company from Rado watches, where he served as vice president for…
