SGB Update Sports & Fitness

Thule Sues Swiss Cargo Over Patent, Trademark

Thule has filed two lawsuits in US and Canadian Courts against Swiss Cargo and its parent company, GSC Technologies of Champlain, NY. The suits allege that Swiss Cargo represented Thule and Sportrack products as their own, which is a violation of U.S. and

Gander Mountain, YSSA Initiate Shooting Sports Loan Program

The Youth Shooting Sports Alliance (YSSA), in cooperation with Gander Mountain, a leading outdoor specialty retailer, is making selected shooting sports equipment items available on loan to qualified youth shooting sports programs…

Weyco’s Earnings Rise in Q1

Weyco Group, Inc. reported sales for the first quarter were $61.0 million, an increase of 4% from 2009 sales of $58.9 million. Net earnings for the quarter were $3.9 million, up from $2.5 million in 2009. Diluted earnings per share were 34 cents per sha

BLM Designates 2010 Free Days

In a bid to get Americans into the great outdoors and celebrate the 10th anniversary of the National Landscape Conservation System, the Bureau of Land Management (BLM) will waive visitor fees for a weekend in June, August, September and November…

Ruger Report 8.1% Q1 Sales Surge on Improved Sell-Through

Sturm, Ruger and Company reported net sales for the first quarter of 2010 were $68.3 million, up 8.1% from sales of $63.5 million in the year-ago period. Net income was $8.3 million, or 44 cents per share, as compared with earnings of $5.8 million, or 30

NSGA: Firmer Pricing Stabilized Footwear Sales in 2009

Sales of hiking shoes/boots declined 16% to $873 million in 2009, according to NSGA’s soon-to-be-released “Sporting Goods Market in 2010.” The study found that despite a 4% decline in unit sales, the overall athletic and sports footwear

Sport Supply Acquires Coaches Sports Corner and Greg Larson Sports

Sport Supply Group, Inc. has acquired substantially all of the assets of Coaches Sports Corner, a regional team sports distributor based in Sandusky, Ohio, and certain assets of Greg Larson Sports, a national cataloger and regional team sports distributor

Under Armour Raises Guidance on Strong Direct Sales Growth

According to Under Armour, direct-to-consumer sales outpaced total sales nearly fivefold, pushing up margins and profits despite continued declines of its footwear line. The strong performance prompted the company to up its guidance for 2011 revenue growt

Gatorz Inc., Simo Holdings, Inc. Sign Merger Agreement

Gatorz Inc. and Simo Holdings, Inc. have signed an agreement and plan of merger and reorganization. The transactions contemplated by the Merger Agreement constitute the second stage of a transaction, the terms of which were originally announced by Gatorz