SGB Update Sports & Fitness

Montana Mining Acquires Mountain Biking Project in D.R.

Montana Mining Corp., a Salt Lake City-based penny stock company, has signed an asset purchase agreement to acquire JBP SA from Park Capital Management, Inc. JBP is a private company headquartered in the Dominican Republic that owns approximately 700 acre

Genesco’s Comps Increase 3% in Second Quarter

Genesco Inc. said that excluding nonrecurring items in both periods, it showed a loss from continuing operations of $500,000, or 2 cents per diluted share, for the second quarter versus a loss of $400,000, or 2 cents, a year ago. Sales increased 9% to $36

Bon-Ton To Close Retail Store in Ohio

The Bon-Ton Stores, Inc. will be closing its 191,000 square foot Elder-Beerman store in the Centerville Place in Centerville, Ohio. The closing will impact approximately 65 associates. The location is scheduled to close by late January 2011…

Big Agnes Wins Grant for Solar Project

Big Agnes Inc. received a $12,064 grant from the State of Colorado to help build a five-kilowatt solar array on its headquarters in Steamboat Springs, Colorado. The “new energy economic grant” is funded with money from the American Recovery and Reinvestme

Adidas, MLS Extend Exclusive Partnership

Adidas and Major League Soccer (MLS) announced an extension to their partnership agreement aimed at “further elevating soccer in the United States and developing opportunities for young players.” The partnership extends Adidas' position as the offic

Kellwood Company Finalizes Acquisition of ADAM

Kellwood Company, parent company to fashion brands such as Vince, Baby Phat, Jolt and Sag Harbor, among others, recently announced its acquisition of ADAM, according to Michael Kramer, CEO and President of Kellwood. Kellwood said the acquisition is the fi

Title Nine to Open Two Stores in Chicago

Title Nine is opening two stores in the Chicago market, its first stores in the Midwest. According to the Chicago Tribune, the first will open by the close of August in downtown Evanston and the second in the Lincoln Park neighborhood in October. The open

Nike Secures Automatic-Lacing Patent

Nike Inc. has secured a patent with the World Intellectual Property Organization for an “automatic lacing system.” Many stories circling around the Internet linked the product to the footwear worn by Michael J. Fox's character Marty McFly in the 1989

Sears.com Launches Footwear Microsite

Sears has upgraded its shoe microsite at Sears.com/shoes to provide expert advice, trend insight and other interactive features…

RECALL: Garmin Nüvi Personal Navigation Devices

Garmin Ltd. is voluntarily recalling approximately 1.25 million Nüvi personal navigation devices, 796,000 of which were sold were sold in the United States, due to batteries manufactured by a third-party supplier experiencing overheating issues…