SGB Update Sports & Fitness
Nike Apologizes for ‘Black and Tan’ Sneaker Name
Nike Inc. has apologized for its new shoe, SB Dunk Low, which had been unofficially nicknamed, the “Black and Tan.” The Black and Tan was also a name given to the British paramilitary force that smothered an Irish uprising in the 1920s…
SGMA: Olympics Do Impact Sports Participation
According to a recent study by SGMA Research, there is a positive correlation between extensive media coverage of the Olympics, especially when the Summer Games are held, and people showing an interest in being more active and taking an interest that year
Ecco’s Sales Climb 16 Percent in 2011
Ecco reported its net revenue jumped in 2011 to DKK7.1 billion
($1.6 billion) from DKK6.1 billion (U.S. $1.1 billion), an increase of 16 percent…
Robert Nardelli Steps Down as Freedom Group’s CEO
Freedom Group, Inc., the parent of Remington, announced that Robert L. Nardelli has stepped down from his position as CEO of Freedom Group, effective immediately. George Kollitides, a member of FGI's Board of Directors and formerly a Cerberus Capital
Body Glove to Introduce Minimalist Watersport Shoe
Body Glove Footwear is launching the 3T Barefoot, a line of minimalist technology footwear. This breakthrough technology is based on extensively researched neuroscience, which has determined that the three smallest toes on each foot cannot articulate move
Timbuk2 Sponsors Unsanctioned Criterium Race in Brooklyn
Timbuk2 has sponsored the 2012 Red Hook Crit, an unsanctioned race in Brooklyn, NY, held at night featuring a fixed gear criterium and a 5km running race…
MyAdventures.com Relaunches Networking Site
MyAdventures.com, an online resource for adventurers, outdoor enthusiasts and cultural explorers, has re-launched with a completely re-designed site as an adventure experience network…
Mammut Names New Rep to Manage Northeast
Mammut has appointed veteran outdoor brand representative Tim Augustinowicz to manage its Northeast territory…
Smith and Wesson Q3 Sales Surge 23.8 Percent
Smith & Wesson Holding Corporation reported that net sales from continuing operations reached $98.1 million in the third quarter ended Jan. 31, up 23.8 percent from a year earlier, thanks to strong sales of M&P handguns, M&P sporting rifles, and all Smith
Vail Resorts Lowers FY12 Guidance 12 Percent
Retail revenues at Vail Resorts, Inc. rose by $600,000, or 1.2 percent in the second quarter ended Jan. 31 as online sales offset a decline in brick-and-mortar sales – particularly at stores serving the snow-starved Lake Tahoe market area…
Bicycles Drive Profits at Dorel Industries in 2011
The success of Cannondale’s latest innovations helped propel Cycling Sports Group (CSG) to 25 percent sales growth in 2011, despite a decline in fourth quarter sales caused largely by the decision to ship new models a quarter earlier than last year,
Taiwan’s President Announces Major Expansion of Bike Trails at Taipei Cycle Trade Show
In its first two days, the Taipei Cycle trade show in Taiwan attracted a record 5,627 international visitors, up 13.6 percent from last year, according to the Taiwan External Trade Development Council, or TAITRA. Among those in attendance were the preside
CamelBak and Fox Racing Shox Report Robust 2011 Sales Growth
Sales at both CamelBak and Fox Racing Shox rose nearly 16 percent in 2011, according to parent company Compass Diversified Holdings, Inc. Operating income at both companies also rose in the double digits…
Zumiez’s Q4 Profits Climb 25 Percent
Zumiez Inc. reported net income in the fourth quarter of fiscal 2011 increased 24.9 percent to $18.7 million, or 60 cents per share, from $15.0 million, or 49 cents, in the fourth quarter of the prior fiscal year. Total sales increased 17.7 percent to $18
Adidas Group Q4 Net Income Surges on Double-Digit Sales Gains
Adidas Group revenues grew 11 percent on a currency-neutral basis in the fourth quarter of 2011, with currency-neutral sales in the combined Adidas/Reebok Wholesale and Retail segments increasing 9 percent and 18 percent, respectively. Sales for Other Bus
