SGB Update Sports & Fitness
Genesco, Inc. Reports Network Breach; Consumer Info May Have Been Stolen
Genesco Inc., the parent of Journeys and Hat World, said information on credit cards used at its stores may have been taken in a “criminal” intrusion into its computer network…
Cybex Chairman Calls $66M Verdict an Injustice
In a letter to shareholders, John Aglialoro, Chairman & CEO at Cybex, strongly defended itself against a devestating $66 million product liability verdict against the company, calling it “another example of a “tort system run amok.” Wrote Aglialoro, “It i
Polar Bottle Moves to New Facility
Product Architects, Inc., maker of the Polar Bottle, has moved to a new location, just down the road from its original headquarters in Boulder, CO. The company's new facility is twice the size of the old space and consolidates all Polar Bottle operat
Keen Footwear Opens Plant in Portland
Keen Footwear has opened a small factory in Portland with plans to make a small portion of its product in the U.S. James Curleigh, Keen's chief executive, told the Oregonian, “It's not so much flying our flag in America. It's about having s
SIA: August to October Snowsports Dollar Sales up 2%
Year-over-year snow sports equipment sales were up while apparel sales were lagging headed into November, according to the Snowsports Industries America topline report for the August through October period. Overall, sales for the period came in 1% ahead
Allen Edmonds Hires Category Manager, Golf
Allen Edmonds Shoe Corporation has hired Warren Vail as category manager, golf. Since 2007, Vail has served as the CEO of Parker McClain, Ltd. where he designed, manufactured and marketed high-end, custom golf shoes…
Interbike Freezes Exhibitor Rates, Offers BPSA Members Discounts
In the wake of its recent, dramatic reversal on 2011 show dates and venue, Interbike has forged its first formal partnership with the Bicycle Products Suppliers Association (BPSA). The two organizations will now work more closely to plan the show. Interbi
November Retail Comps Soar Above Expectations
Spirits are high for the Holiday 2010 selling season after aggressive promotions, pent-up consumer demand and colder weather patterns drove retail chains to their best November in four years. If a stellar Black Friday and steady sales throughout the fisca
Temperate Weather Drives October Golf Rounds Up
Mild temperatures and sparse rainfall in October was key to a nearly 20% improvement for rounds played compared to the year-ago period, according to Golf Datatech..
Asics America Clarifies Product Pricing Strategy
Asics America clarified a bit a report that came out in mid-November in the Japanese press that indicated the running brand was seeking to lower prices to grow sales (see SEW_1048)…
Adio Eliminates Skate Team; Moves Offices To NYC
Adio Footwear is relocating its global headquarters from Southern California to its new parent company Anthony L&S Footwear Group's New York City offices. It has also confirmed that it eliminated its skate team in order to reallocate marketing resour
Schutt Sports Set for Bankruptcy Court Auction
A bankruptcy court judge last week approved an auction process to sell Schutt Sports on Dec. 14. Bids for the company are due Dec. 10. As previously reported, Schutt Sports, in bankruptcy proceedings since Sept. 6, last week received an offer from Kranos
Johnson Outdoors Sees Cost Cutting, Product Innovation Lead to Solid Q4 Gains
Johnson Outdoors closed out fiscal 2010 with increased revenues and dramatically improved fourth quarter operating losses thanks to a successful cost cutting program and growing sales of marine electronics, which accounted for nearly half the company̵
JJB: Breaching Bank Covenants Likely
Struggling U.K. sports retailer JJB Sports has indicated the recent poor sales means the company is likely to breach some banking covenants. Management for the chain said sales have remained below forecast since the company last updated investors on Nov.
Icebreaker Brings Merino Wool Message to NYC
Icebreaker last week opened its first flagship store in the U.S. in New York City The 2,500-square-foot store, located at 102 Wooster Street, between Spring and Prince Streets, sits directly across the street from Patagonia’s SoHo location…
