SGB Update Sports & Fitness

Accell Remains Upbeat for 2010

Accell Group is looking towards 2010 with an optimistic eye. In the company’s annual shareholders meeting, the group announced its forecast for increased turnover and profit gains for the remainder of the fiscal year…

SGMA Discusses Rule Changes with NCAA and NFHS

On Wednesday, April 21 in Indianapolis, nearly 70 sporting goods industry executives from more than 35 different sporting goods companies met with the leadership of SGMA, NCAA, and the National Federation of State High School Associations (NFHS) to discus

Dregs Distribution Appoints VP Marketing/Brand Management

Kurt Hurley, former national sales manager and designer for Select Distribution, has been appointed as the new Vice President of marketing and brand management at Dregs Distribution. He will be responsible for building and marketing the Dregs Longboards L

Cybex Posts Q1 Loss as Sales Dip 10%

Cybex International, Inc., the manufacturer of exercise equipment, reported sales for the first quarter of 2010 decreased by 10% to $26.1 million compared to $28.9 million for the corresponding 2009 period. The company reported a net loss for the first qu

New Healthcare Bill Stirs Industry Debate

With its potential negative impact on small business, the sporting goods industry seems deeply troubled about the nation's healthcare insurance overhaul…

Genesco Eyes Robust Growth for New Lids Concepts

Capitalizing on the lessons learned from expanding the Lids licensed caps chain as well as that chain's scale, Genesco Inc. last week detailed its heady expansion possibilities for its two recent acquisitions, Sports Fanatic and Impact Sports…

Callaway Golf Sees First Quarter Upside

Hoping to rebound from a fiscal 2009 that saw sales fall 15.0% in a bleak golf environment, Callaway Golf Company estimated net sales for the first quarter of fiscal 2010 would reach approximately $303 million – which would represent an increase of 11% co

Play It Again’s Sales Declined 5.5% in 2009

Play It Again Sports had revenues of $222 million across its franchisees in 2009, down 5.5% from $235 million in 2008, according to the form 10-K filing for its parent, Winmark Corp…

Fox Racing Shox Parent Closes Secondary

Compass Diversified Holdings, which owns Fox Racing Shox, said it raised approximately $73.4 million in gross proceeds from the sale of 5.1 million shares in a secondary offering that also included the sale of 1.3 million shares from an existing sharehold

Ironman Sets New Rules on Swim Apparel

Similar to the decision FINA made last summer regarding swimwear in international competition, the World Triathlon Corporation has announced rule changes for wetsuits set to take affect in September 2010 which they say will level the playing field and sta