SGB Update Sports & Fitness

Volcom Sales Up 15.4%; Margins Contract

Volcom, Inc. reported consolidated revenues for second quarter ended June 30 were $62.5 million compared with $54.2 million in the second quarter of 2009. Net income for the 2010 second quarter was $68,000, or break even per diluted share, compared with $

Under Armour’s Q2 Profits Increase Two-Fold on 24% Revenue Gain

Under Armour reported earnings more than doubled to $3.5 million, or 7 cents a share, from $1.4 million, or 3 cents, a year ago. Revenues climbed 24%, driven by 34% apparel and 60% direct-to-consumer growth. The company also raised its revenue and EPS out

AAFA Submits Blueprint to Double U.S. Exports

The American Apparel & Footwear Association (AAFA) submitted a ten-point plan to the U.S. Department of Commerce regarding President Barack Obama's commitment to double U.S. exports by 2015. Point 8: Recognize that imports of U.S. branded product are

Study: World Cup Sponsorship Shows Mixed Results

Adidas was the second most widely-named brand as a World Cup sponsor, both before and after the event, according to a new study with Survey Sampling International's (SSI). Coca Cola was first…

Adidas To Surpass Q2 Estimates

Adidas Group released preliminary results indicating that second quarter results would be “materially above market expectations.” Earnings reached €126 million ($159 mm), well above the €9 million earned in the year-ago period…

U.S. House Passes Miscellaneous Tariff Bill

The U.S. House of Representatives passed the Miscellaneous Tariff Bill last week, restoring duty relief for a cornucopia of sporting goods, including bicycle parts, outdoor footwear, snow sports equipment, volleyballs, rubber basketballs, leather basketba

Big City Mountaineers Adds Board Members

Big City Mountaineers, a 501(c)(3) nonprofit organization a mission to “enhance the lives of under-resourced urban teens through transformative outdoor experiences,” has added three new members to its board of directors…

Fish Habitat Benefits From More Than $3 Million in Funding

The U.S. Fish and Wildlife Service will provide more than $3.3 million to support 68 fish habitat projects in 36 states across the nation under the National Fish Habitat Action Plan (NFHAP), according to a recent release…

New Balance Concept Store Opens in Dedham

New Balance opened its new concept store in Dedham, MA. The Dedham store will showcase a new design concept that highlights New Balance’s performance and technology brand story…