SGB Update Sports & Fitness
Choose Outdoors Appoints Robin Schepper to Board
Robin Schepper, Washington, D.C. based entrepreneur and consultant was elected to the board of directors of Choose Outdoors on Feb. 15, 2012…
Columbia/Sorel Reaches E-Commerce Agreements for Europe and Canada
PFSweb, Inc., an international provider of end-to-end eCommerce solutions, announced it has launched an agreement with Columbia Sportswear Company to provide online direct-to-consumer support services throughout Europe and Canada for the Columbia and Sore
Puma to Investigate Shootings Outside Cambodia Factory
At least three striking garment workers were wounded by gunshots Monday while protesting outside their factory in southeastern Cambodia. The factory is Taiwanese-owned and makes footwear for the Puma brand, according to the Phnom Penh Post newspaper. Puma
Competitor Group Buys Second D.C. Marathon Event
Competitor Group, Inc. (CGI), a San Diego-based media and event promoter in the active lifestyle industry, acquired Nation’s Triathlon and disclosed a multi-year partnership with Washington Sports & Event Management, LLC (WSEM)…
Iconix Forms India Joint Venture
Iconix Brand Group, Inc. and Reliance Brands Limited, a part of the Reliance Industries Group, the largest private sector company in India, announced the formation of a joint venture company in India. The partnership marks the next step in a global expan
Garmin Outdoor and Fitness Segments Lead Q4 Growth
Garmin Ltd. said its Outdoor segment revenue increased 35 percent to $121 million in the fourth quarter ended Dec. 31, 2011, while its Fitness segment revenue grew 17 percent to $95 million…
Sports Inc. Adds Five New Dealers
Coming off a record-setting 2011, the Sports, Inc. Athletics Division started 2012 on a positive note by adding five new dealers to the membership. T&T Sporting Goods (Columbia, SC), Cascade Athletic Supply (Medford, OR), and Matty’s Sports (Miami,
PPR Sport and Lifestyle Division Appoints COO
PPR appointed Todd Hymel, an M&A specialist, as chief operating officer of the PPR Sport & Lifestyle division. He will be based in Paris and will report directly to Jochen Zeitz, chief executive officer of PPR Sport & Lifestyle division. The division incl
Shock Doctor Announces Partnership with MLB Catcher Carlos Santana
Shock Doctor announced a multi-year partnership with top Major League Baseball (MLB) catcher Carlos Santana of the Cleveland Indians. Santana joins Ryan Mathews, Percy Harvin, Nick Leddy and Jack Johnson on Team Shock Doctor, the company’s group of
Texas Retailer Launches Rack Specialty Store Concept
MSP Holdings, LLC, parent company of Austin Canoe and Kayak’s (ACK), has launched www.RackBoys.com in conjunction with the unveiling of the Rack Boys store-within-a-store concept in Austin, Houston and San Marcos, Texas. Rack Boys offers…
Triathlon America Offers Retailer Certifications
Triathlon America, an industry organization dedicated to promoting the sport and the business of triathlon, is offering a first-of-its-kind certification program for triathlon specialty retail stores. The Triathlon America Certified Retailer program is de
OIA VantagePoint: Slower January Ends Solid Fiscal 2012
Outdoor Industry Association® and The SportsOneSource Group released the January 2012 OIA VantagePoint™ Outdoor Industry Monthly Trend Report, which caps off the fiscal year with some complex results — mostly due to the unusually late and tame onset of wi
K-Swiss’s Q4 Losses Widen
K-Swiss widened its net loss in the fourth quarter to $25.2 million, 71 cents per share, compared with a net loss of $20.6 million, or 58 cents, per diluted share, for the prior-year period. Total worldwide revenues increased 17.8 percent to $50.2 million
Billabong Sells Minority Stake in Nixon, Spurs Takeover Offer
Billabong has sold a 48.5 percent share of its Nixon brand to the private equity firm Trilantic Capital Partners, will close up to 150, or 20 percent, of its stores and slash its dividend in a bid to strengthen its capital structure. The Australian compan
MandA Fees Hurt Derby Cycle Earnings in Fourth Quarter
Derby Cycle AG said preliminary figures indicate its sales increased 6.6 percent in the quarter ended Dec. 31 2011, but that costs incurred fighting off an unsolicited offer hurt profits…
