SGB Update Sports & Fitness

Lifestyle Retailer FIT3 Opens First Store; More Openings to Come

Fitness lifestyle retailer FIT3 officially opened its doors on Nov. 12 at Tyson's Corner in Washington, DC. FIT3 representatives call the retailer “the premier destination for fitness equipment, fashion, footwear and health related products” and add

Performance, Crankbrothers Organize Wheels4Life Auction

Performance Bicycle and Crankbrothers are auctioning off a high-end line of custom-built mountain bikes valued at $5,000 each to raise money fo9r Wheels4Life, a non-profit that distributes free bicycles to remote villages in the developing worlds…

Venue Padding Company Appoints Sales Member

Sports Venue Padding, a diversified manufacturer of safety padding to the professional MLB/MILB and University market, has appointed Robert Aylesworth to a newly-created position focused on their integrated safety padding line combined with direct-to-viny

Finish Line Partners with Google for Local Availability

Finish Line announced that it is participating in Google's new local availability feature. This new feature gives mobile and desktop users the opportunity to search for items they want and see immediately whether a participating retailer has the item

Loehmann’s Files for Bankruptcy

Loehmann's Capital Corp., the parent of the off-price chain, commenced voluntary “pre-negotiated” Chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of New York…

Adidas Group Builds New Road for Growth

The Adidas Group launched an ambitious five-year program, entitled “Route 2015,” with a goal of expanding revenues by 45% to 50% over the next five years. At the same time, management unveiled a new U.S. growth program, “Generation U.S. 2015,” for the Adi

Sport Chalet Cuts Fiscal Q2 Loss

Sport Chalet, Inc.'s sales were flat in the fiscal second quarter ended Sept. 26, at $88.8 million. Gains in the West Coast retailer's team business and e-commerce divisions offset a 1.9% slide in same-store sales. The net loss was cut to $518,0

FansEdge Parent Cuts Third-Quarter Losses

Dreams, Inc., the parent of FansEdge.com, reported revenues were up 30.0% in the third quarter to $19.8 million, compared to $15.2 million generated in the same period last year…

Gert Boyle Stymies Robbery

Gert Boyle, the 86-year chairman of Columbia Sportswear, certainly last week lived up to the “One Tough Mother” role she plays in her company's advertising campaigns, According to The Oregonian, Boyle was confronted outside her home in West Linn, OR

BH North America Names Northeast Sales Manager

BH North America, the fitness equipment manufacturer, announced the addition of David Neziol to the BH North America sales team. Neziol joins BH North America as the Northeast Regional Sales Manager…

Billabong Completes General Pants Group Acquisition

Billabong International Limited has completed the acquisition of the Sydney, Australia-based Surf Dive 'n' Ski and Jetty Surf retail stores from fashion apparel retailer General Pants Group and associated parties. Both the companies are based in