SGB Update Sports & Fitness
Billabong Sees Weakness Continue in North America
Billabong International Limited said currency fluctuations pushed sales in its Americas segment down 6.2% to A$317.5 million ($282.9 million) in constant-currency terms for the fiscal first half ended Dec. 31…
SylvanSport Hires Silver Steep to Review Strategic Options
SylvanSport, the North Carolina maker of a versatile sports and camping trailer, said it had engaged Silver Steep Partners to serve as its exclusive financial advisor and review the company’s strategic options…
Reebok Addresses El Salvador Sweatshop Allegations
In response to a report from that National Labor Committee that claimed that NFL jerseys were sewn under illegal sweatshop conditions in El Salvador, Reebok issued a statement saying it had conducted its own initial investigation and “believe there are a
K-Swiss’ Q4 Revenues Slide 21.4%; Sees Flat Sales for 2010
K-Swiss reported a loss in the fourth quarter of $12.5 million, or 36 cents a share, from $13.7 million, or 39 cents, a year ago. The latest period included a pre-tax impairment charge of $4.83 million, or 13 cents, related to the goodwill and intangible
LeBron James To Develop Furniture Line
Furniture retailer and manufacturer American Signature Inc. will develop a home furnishings collection with Cleveland Cavaliers star LeBron James. The furniture collection will be launched this summer at Value City and American Signature stores…
Cloudveil Promotes Samuel to GM Position
A day after being sold, Cloudveil said it had promoted Director of Global Sales James Samuel to general manager. Samuel will oversee spring 2010 servicing for Cloudveil as its transitions to new ownership at Windsong Brands LLC, a Connecticut-based PE fir
Golf World Releases 100 Best Golf Shops
Golf World's list of the “100 Best Golf Shops for 2009” included 11 PGA Tour Shops locations, eight Tournament Players Clubs shops and four Edwin Watts Golf shops as well as number of single-store locations across the country. The consumer magazine n
Bruce Raymond Joins C4 Waterman’s Board
BC4 Waterman appointed Bruce Raymond to its Board of Directors, effective immediately…
New Balance Faces Hurdles in Headquarter’s Expansion
New Balance is exploring a plan for a larger development alongside its headquarters in Brighton, MA, that would include an expansion of its offices, a park, housing, and additional commercial space. But Lowe's is looking to build its first store in t
Essilor Acquisition of FGX Clears Anti-trust Hurdle
Essilor International's proposed merger of FGX International Holdings Limited cleared another hurdle when the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 expired with no comment from either the Federal Trade Commissi
UES (Upper Echelon Shoes) Partners with Steve Madden
New York-based shoe brand UES (Upper Echelon Shoes) and Steve Madden announced an official partnership and are preparing to unveil their first joint effort with UES' Fall 2010 collection. Each party will have an even stake in the venture, with UES d
Two Heisman Winners to Attend National Health Through Fitness Day
Nearly 20 well known figures from the sports world have confirmed their attendance for SGMA’s 11th Annual National Health Through Fitness Day being held March 10 in Washington DC. The honorary chairman this year will be Herschel Walker. Others inclu
Life Is Good Introduces Haiti Fundraising T-shirts
The Life is Good Company will donate 100% of its profits from sales of specially-designed t-shirts available online and in participating stores nationwide to relief efforts targeting children impacted by Haiti's devastating earthquake. The shirts fea
Golfsmith to Open Stores in Milwaukee, WI and Brea, CA
Golfsmith International Holdings, Inc. has two added new store locations for 2010 which the company says completes its new store leasing objectives for 2010. Adding to the previously announced new stores in Naples, FL and Overland Park, KS, Golfsmith has
Puma Launches Sports-Infused Mobile Phone
Puma launched its first mobile phone, named the Puma Phone, featuring a number of sports-related features, including applications for runners and cyclists that let them keep track of speed, distance and pace. The phone can also keep track of the number of
