SGB Update Sports & Fitness

Amer Sports Launches Stock Buyback Program

Amer Sports' board said it decided to utilize the authorization given by the Annual General Meeting held on March 10, 2011 to repurchase Amer
Sports shares…

Nordstrom Inc. Q2 Net Jumps 20 Percent on Strong Comps Increase

Nordstrom, Inc. reported net earnings of $175 million, or 80 cents per diluted share, for the second quarter ended July 30. Second quarter same-store sales increased 7.3 percent and net sales increased 12.4 percent to $2.72 billion for the period. Nordst

PGA Tour Superstore to Open in Palm Beach, FL

On the heels of opening its Denver store in May, PGA TOUR Superstore said it will bring another location to Palm Beach County, FL, with the opening of a 50,000 square-foot superstore in Delray Beach…

Trek to Warehouse and Fulfill Dealers Online Orders

Trek Bicycle unveiled “Trek Sync,” a program whereby Trek will warehouse and fulfill aftermarket product orders placed on Trek retailers’ websites. To help its dealers begin selling more online, Trek is providing its dealers access to i

Escalade Sports Posts Double-Digit Sales Increase in Q2

Escalade, Inc. revenues for the second quarter of 2011 were up 14 percent over the same quarter last year and year-to-date revenues were up 13 percent over the same period last year. After additional investment in new product development and marketing, th

Non-Profit Sues Eddie Bauer Over Trademark Issues

First Descents, Inc., a Colorado-based nonprofit, that works with cancer stricken youth, commenced trademark infringement litigation in the US District Court, District of Colorado today against Eddie Bauer Licensing Services LLC and Eddie Bauer LLC. Eddie

Adams Golf Sees Q2 Profits Shrink Despite Sales Gains

Adams Golf reported net sales of $34.1 million for the second quarter, compared to $31.6 million for the year-ago period, an increase of 8 percent year-over-year. The company posted a net profit of $2.9 million, or 36 cents per fully diluted share, for th

The Asia Outdoor Show Ends With Record Participation

Organizers of the sixth edition of The Asia Outdoor show siad the event, which took place from July 27th to 30th in Nanjing, China, ended as a record-breaker, with 19,180 industry visitors (+17.5 percent), 452 exhibiting brands (+26 percent) and 405 media