SGB Update Sports & Fitness
Dick’s SG Sued Over Exercise Line
Dick's Sporting Goods was sued by Performance Solutions LLC for allegedly infringing on a patent for an exercise device…
Shimano Q1 Growth Stymied by Japan Earthquake
Shimano Group reported that first quarter sales increased 1.3 percent to ¥50.9 billion ($619 mm) with a small gain in the bicycle component business partially offset by a slight decline in fishing tackle revenues. Bicycle Component division sales rose 2.
Schwinn Hires Olympic Swimmer As Brand Ambassador
Schwinn has hired Olympic gold medalist Summer Sanders as brand ambassador for Schwinn's family-friendly bicycles. Sanders will continue to encourage families to get out and ride together…
Atayne Recertified as B Corp.
Atayne, a Maine-based makers of performance outdoor and athletic apparel in the USA from 100%-recycled materials, has been recertified as a B Corporation. B Corporations voluntarily adhere to higher standards of corporate accountability, social responsibi
Feel Golf’s Reveues Slide in 2010
Feel Golf Company, Inc. announced sales for the year ended December 31, 2010 were down 19% to $391,594 compared with $485,773 for the year ended 2009. Net loss was $5.3 million…
Brown Shoe Says Fewer Promotions, Weather Dampening Sales
Brown Shoe Company, Inc. announced preliminary net sales results for the nine-week period ended April 2, 2011. Consolidated net sales increased by 2.1 percent versus the year-ago period to $426 million…
Fortune Brands Progressing with Separation Plan
Bruce Carbonari, chairman and chief executive officer at Fortune Brands, told shareholders at the company's annual meeting that the company is making “excellent progress” towards a potential sale or spin-off of the golf business…
Crosman Corp. Acquired by NY-Based PE Firm
Crosman Corporation, a manufacturer of airguns and airsoft guns, has been acquired by Wellspring Capital Management, LLC, a New York-based private equity firm…
Hanesbrands Fiscal Q1 Results Boosted by Gear For Sports Acquisition
Hanesbrands Inc., the parent of Champion and Duofold, saw it¡¯s recently-acquired Gear For Sports business boost bottom line health and net sales for the fiscal first quarter ended April 2, prompting the company to raise full-year earnings guidance…
Report: More Social Outdoor Activities Enjoy Boom in Participation
Triathlons, kayaking, adventure racing, trail running and BMX bicycling are helping stabilize youth participation in outdoor recreation, possibly because they appeal to Generation Y’s search for social interaction, according to two reports released
RECALL: CAMP USA
Camp USA, Inc. of Broomfield, CO. is voluntarily recalling 15,500 Photon carabiners and Photon and Mach Express quickdraws because the gates may open under a heavy load, posing a risk of serious injury or death if the climber falls, the U.S. Consumer Prod
Bloomingdale’s Expands Outlet Concept
Bloomingdale's, which launched an outlet concept last year, announced that it will open three new outlet stores in the fall…
American Sporting Goods’ Revenues Climb 32 Percent in 2010
American Sporting Goods saw sales climb 31.5 percent in 2010, to $231.7 million from $176.2 million, according to a filing with the Securities & Exchange Commission from its new parent, Brown Shoe Co…
Golf Warehouse Expanding Headquarters
The Golf Warehouse is expanding its operations at its headquarters in Wichita, KS. The catalog and e-commerce company also operates soccersavings.com, baseballsavings.com and softballsavings.com…
Shoe Carnival Dist. Center Closed Due to Damage
The Shoe Carnival Distribution Center near Evansville's north side will be closed Wednesday because of roof damage, according to a report from News25 ABC in Evansville, IN…
