SGB Update Sports & Fitness

Brooks Sports Launches Brooks PR Invitational

Brooks Sports, Inc. announced the upcoming Brooks PR Invitational, an indoor track meet for the fastest high school runners in the U.S. Taking place on Sunday, Feb. 27, 2011, at the Dempsey Indoor track in Seattle, the Brooks PR Invitational will give qua

38 Colleges Receive NSSF Grants

The National Shooting Sports Foundation has awarded 38 grants totaling $190,000 to help both new and existing collegiate target shooting programs flourish.

Finish Line’s Q3 Comps Climb 10.1%

The Finish Line, Inc. reported sales rose 8.7% in its third quarter ended Nov. 27, to $260.9 million from $240.1 million a year ago. Comparable store net sales increased 10.1% compared to an increase of 1.7% a year ago. Earnings would have been up signifi

Industry Vendors See Profit Growth Slow in Q3

The theme for the fiscal second quarter may have been “tighten, tighten, tighten” as sporting goods industry vendors focused on bottom line growth, but the trends for the third quarter have settled into a more normalized pre-recession pattern

NRF Upgrades Holiday Forecast

With a solid start to the season, the National Retail Federation last week revised its holiday forecast to 3.3%, up from 2.3%. The revision is due to improvement in a variety of economic indicators including stock market gains, recent income growth, savin

Platinum Equity Closes Schutt Sports Acquisition

Platinum Equity received bankruptcy court approval of its acquisition of Schutt Sports. U.S. Bankruptcy Judge Kevin J. Carey had indicated he would approve the sale once final language has been drafted after ruling that the auction process was fair. Rober

New Balance Partners with Westin Hotels

New Balance and Westin Hotels & Resorts have forged an exclusive, worldwide partnership to provide Westin guests with New Balance footwear, apparel and fitness program content. The complimentary program recently launched at 10 Westin properties across the

Hincapie Hires GM to Guide Expansion

Hincapie Sportswear hired James Samuel as the company's new GM to grow retail distribution. Samuel, who had worked at Spyder's Cloudveil unit, will oversee every aspect of the cycling apparel brand to help the company grow nationally and interna

Polartec Awards Appalachian State Outdoor Programs $10,000

Polartec announced Appalachian State University as the winner of its Made Possible College Challenge this week. The contest, which began in early October, was aimed at promoting collegiate outdoor programs, with the winner receiving a $10,000 grant and Po

Seattle Startup Targets Retailers with Custom Bottles

Seattle start-up MiiR Bottles will provide customized stainless steel water bottles to Seattle retailer evo for sale online and within the retail store. Miir Bottles said it is using new technology that makes it easier to customize bottle designs to help

Dynamic Brands Hires Sales and Marketing Coordinator

Dynamic Brands, the parent Company for Bag Boy, Burton, Datrek, Devant and Sir Christopher Hatton, announced that golf industry professional Lizzie Leasure has been named the company's sales and marketing coordinator for the golf division…

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