SGB Update Sports & Fitness

Pacific Sunwear Hires Senior Vice President, Retail

Paula Lentini has been hired as Senior Vice President, Retail, for Pacific Sunwear of California, Inc. Prior to Pacific Sunwear, Lentini was Vice President, Retail Sales and Operations for T-Mobile USA and was responsible for leading their multi-billion d

Dorel Secures $200 Million in Financing

Dorel Industries Inc. has secured new long-term financing by issuing $50 million of Series “A” Senior Guaranteed Notes and $150 million of Series “B” Senior Guaranteed Notes, bearing interest at 4.24% and 5.14%, respectively…

Bike Industry Petitions Feds to Delay Third-Party Testing Deadline

The Bicycle Product Suppliers Association has petitioned the U.S. Consumer Product Safety Commission for more time to meet a third-party testing requirement established by a 2008 law – citing a continued lack of certified third-party testing labs…

Kwik Tek Acquires Sportsstuff

Kwik Tek Inc. last week acquired all assets of Sportsstuff Inc., which makes lake, pool, backyard and marine inflatable products. Terms of the agreement were not disclosed…

Orange 21 Narrows 2009 Loss Despite Steep Sales Decline

Orange 21's sales dropped 27.7% in 2009 to $34.2 million from $47.3 million in the prior year. The parent of the Spy Optic brand sustained a loss of $3.4 million for the year, compared to a loss of $15.2 million in 2008…

RECALL: Ardica Jackets

Ardica Technologies, in cooperation with the U.S. Consumer Product Safety Commission and Health Canada, is recalling 2,600 jackets and vests due to malfunctioning electrical connections inside the jackets and vests. The units can overheat, posing a burn

ECCO Fiscal 2009 Results Hampered by Weakness in U.S., Russia

ECCO reported that lower consumer traffic and stymied spending in markets along with cash-flow constraints and fluctuating currencies dropped fiscal 2009 revenue 6% to DKK 504. billion ($944.2 million) from sales of DKK 5.37 bn ($1.06 bn) in the prior-yea

Mammut Continues to Grow U.S. Business

Mammut Sports Group continued to grow sales in the United States last year even as the overall market shrank, the Swiss outdoor sporting goods brand reported last week…

Gwen Manto Joins First Insight

First Insight, a retail technology company, has hired Gwen Manto as its chief customer officer. Most recently, she served as the executive vice president & chief merchandising officer of Dick's Sporting Goods…

PlanetShoes.com Launches Eco Footwear Shop

Planet, Inc. launched an Eco Friendly Footwear shop on PlanetShoes.com in honor of Earth Day. PlanetShoes.com has also compiled information about many of the eco friendly materials being used by manufacturers to help consumers understand what makes an eco

KARHU to Sponsor 13.1 Marathon Race Series

KARHU said it marked its said it 100th specialty partnership and is planning a 10+ major city half-marathon sponsorship of the 13.1 Marathon race series. As the exclusive apparel and footwear sponsors of the 10+ major city 13.1 Marathon series, KARHU and

K-Swiss Launches First California Music Month

K-Swiss will pay homage to its roots with the launch of an annual California Music Month in April 2010. K-Swiss will partner with multi-Platform Content Provider, Amos Content Group (ACG) and online music retailer Rhino.com to celebrate a range of influen

Red Sox’s Dustin Pedroia to Endorse New Balance

New Balance announced the signing of All-Star second basemen and former League MVP, Dustin Pedroia, to a multi-year endorsement contract. New Balance, which had launched an “Endorsed by No One” campaign in the nineties, will be Pedroia's official foo