SGB Update Sports & Fitness
Wolverine to Focus on Boosting Awareness of Merrell Brand
Much of Wolverine Wolrd Wide Inc.'s growth strategy will rest on expand awareness of the Merrell brand in coming years, including boosting apparel sales to 15% of the brand total sales, SVP and CFO Don Grimes told anaylsts at Cowen & Co's. 8th A
RECALL: Redline Conquest Pro Bicycles and Framesets
About 350 2010 Redline Conquest Pro Bicycles and Framesets from Seattle Bike Supply, of Kent, WA are being recalled. A statement from the U.S. Consumer Product Safety Commission said the bicycle's fork legs can separate from the fork crown and cause
Outfitter to Expand Upscale Bike Tours to Oregon
LifeCycle Adventures, which offers custom bicycle tours of California's Wine Country, is expanding to the Pacific Northwest. Beginning in May 2010, the company will offer its signature, premium-service rides in Oregon's Columbia River and Willam
GM Elsberry Buys Crazy Creek from Founder’s Family
Crazy Creek Products is pleased to announce that John and Kim Elsberry of Red Lodge, MT have acquired the maker of outdoor comfort seating products…
Flash Entertainment Purchases Minority Interest in UFC
UFC said Flash Entertainment has acquired a 10% stake in Zuffa, LLC, d/b/a Ultimate Fighting Championship…
Dick Johnson to Lead Foot Locker’s U.S. Operations
Foot Locker, Inc. said Dick Johnson, who has been leading the company's strong European operation, will become president and CEO of Foot Locker U.S., Footaction, Kids Foot Locker and Lady Foot Locker…
U.S. Supreme Court Hears NFL Licensing Case
The National Football League this week will hear arguments over the league’s exclusive agreement with Adidas’ Reebok subsidiary to sell hats, jerseys and other apparel with team logos. Lawyers for the pro football owners will ask the justices
Remington Parent Acquires Barnes Bullets
Freedom Group, Inc., which manufactures and markets firearms under the Remington, Marlin, Bushmanster, DPMS, H&R, L.C. Smith, Parker, Dakota Arms, Miller Arms and Nesika brands, has entered into a purchase agreement through a wholly-owned subsidiary to ac
Board Retailers Association Names New Members to Board
The Board Retailers Association has added three new members to its board of directors…
Co-Founder Garland Leaves Mad Rock
Joe Garland, one of the founders of Mad Rock Climbing, left the company late last week in a self-described amicable split. Garland said he would attend the upcoming Outdoor Retailer and ISPO shows to research and weigh his options…
SIA: Snow Sport Sales Roughly Even From August Through November
Overall, snow sports sales from August to November were about even with August to November sales last season but equipment sales slowed significantly, according to the SIA Retail Audit. Early indications for December are very positive in the snow sports m
Tourism Spending Fell 10% in Utah in 2009
Tourism spending in Utah declined 10%, or by $700 million to $6.2 billion in 2009, according to a report released by the Governor's Office, the Salt Lake Tribune reported. Despite a decline in ski visits, however, traffic to state and national parks
Macy’s Logs 1% Comps Growth in December
Macy's, Inc. reported total sales of $4.43 billion for the five weeks ended Jan. 2, 2010, an increase of 0.7% compared with total sales of $4.40 billion in the five weeks ended Jan. 3, 2009. On a same-store basis, Macy's, Inc. sales were up 1.0%
Dillard’s December Comps Decline 7%
Dillard's, Inc. reported total sales declined 8% in the five weeks ended Jan. 2, 2010, to $1 billion from $1.095 billion. Comps decreased 7%…
Retail Forward: December Comps Grew 3% Ex-Wal-Mart
Retail same-store sales excluding Walmart increased 3.0% in December as shoppers gave a particular boost to apparel spending during the holidays, Retail Forward reports…