SGB Update Sports & Fitness
Nike Delivers Double-Digit Q1 Sales Growth
Nike Inc. reported revenues climbed 17.5 percent to $6.1 billion from $5.2 billion, and increased 11 percent on a currency-neutral basis. Earnings jumped 15.4 percent to $645 million, or $1.39 a share. Excluding currency changes, reported orders would hav
Newton Running Sponsors San Diego Triathlon Challenge
Newton Running will sponsor the 18th annual Aspen Medical Products San Diego Triathlon Challenge (SDTC) in La Jolla, CA, on October 23, 2011…
LEBRON 9 to Come Out at $170
Nike will launch LeBron James' ninth signature shoe, the LEBRON 9, in October at a suggested retail price of $170. That's about $10 more a pair than Lebron's last signature shoe…
Jack Wolfskin Extends Chinese Partnership 5 Years
Jack Wolfskin intends further expansion in China and has extended the contract for another five years with its current distribution partner, Tristate. That lays the foundation for future growth in China – a country that is today the second-most important
Choose Outdoors Names Shelley O’Neill to Board
The board of directors of Choose Outdoors, a nonprofit organization that seeks to engage all Americans in stewardship of public lands through outdoor recreation, has elected Shelley O’Neill to its board of…
Bass Pro Faces Federal Suit Alleging Racial Discrimination
The federal government has sued Bass Pro over alleged racial discrimination in its hiring practices dating back to 2005. The Equal Employment Opportunity Commission, a federal agency charged with enforcing anti-discrimination laws in employment, filed a l
Mountain Resort Bookings Continue to Climb
The most recent data released by the Denver-based Mountain Travel Research Program (MTRiP) revealed reservation activity for western mountain destinations remained solid in August. Reservations taken in August for arrivals in August through January are up
QBP Certified to Service XFusion Products
The QBP Shock Treatment Center (STC) has achieved certification as an official XFusion authorized service center for forks, rear shocks and adjustable seat posts. STC is the only X-Fusion distributor service center in North America authorized to repair th
Pelkey Promoted to UA’s VP, Brand Communications/Entertainment
Diane Pelkey has been promoted to vice president, global brand communications/entertainment. She was formerly senior director global communications…
Dahlgren Rehires Zullo for Inside Sales
Dahlgren Footwear has rehired Gregg Zullo as dedicated inside sales and customer service expert, with additional oversight of shipping…
Peak Resorts Inc. Expects IPO to Raise $75 Million
Peak Resorts, Inc., which operates a dozen small ski resorts in Midwest, Northeast and Southeast markets, said it expects to raise $75 million in its initial public offering, according to an amended S1 filed with the Securities & Exchange Commission…
Gregory Hires Key Account Manager
Gregory added Andrew D'Acquisto to the Gregory sales team. D'Acquisto started work at Gregory Sept. 12 and is focusing on strengthening relationships with Gregory's top retail partners…
Schumacher Resigns from Sports Authority
Jeff Schumacher, formerly Sports Authority's chief marketing officer, “has resigned from The Sports Authority,” the company said in a brief statement. Schumacher's exit follows the resignation last month of CEO David Campisi…
West Marine Appoints Nike Exec to Board
West Marine Inc.’s board of directors appointed Nike executive Christiana Smith Shi to its board as a new independent director. Shi is currently vice president and chief operating officer at Nike, Inc.’s Global Direct-to-Consumer business, whe
Penguin Brands, Inc. Acquires Waterbox and Appoints It’s Co-founder VP
Penguin Brands, Inc. has acquired Waterbox through its Nathan Performance Gear subsdiary and named Waterbox founder Canice Harte as vice-president of licensing and innovation. The parent company of Penguin Shoe Care and Nathan Performance Gear, Penquin Br
