SGB Update Sports & Fitness
Coalition Calls on Administration to Make Fisheries Management Changes
A coalition of marine recreational fishing, boating, and conservation organizations and businesses called on the Obama administration to take immediate action to address a crisis within the federal fisheries management system…
Nike Increases Sponsorship Deal for Soccer Star Ronaldo
Nike Inc. will pay Real Madrid star Cristiano Ronaldo €6 million ($8.1 mm) per year until 2014 million, under a new sponsorship deal, up from €4 million under its previous deal. Spanish newspaper Marca says Nike stepped up its bid for the Port
Three Aldila Directors Resign
Three directors of Aldila Inc. have resigned as part of the golf shaft maker's efforts to reduce expenses, according to a filing with the Securities & Exchange Commission. Andrew Leitch, Bryant Riley and Michael Sheldon resigned on February 23…
Gill Athletics and USA Track and Field Partner on Coach Award
Gill Athletics, the track & field equipment manufacturer, and USA Track & Field (USATF) announced a new Gill Athletics National High School Track & Field Coach of the Year Award. The inaugural honor will recognize one high school girls' program track
Iconix’s Q4 Bolstered by Wal-Mart Athletic Rollout
Iconix Brand Group. reported Q4 sales jumped 21% to $65.8 million, boosted by the rollout of its sports brands in licensing deals to Wal-Mart and its acquisition of Mark Ecko Enterprises, which includes Zoo York. Earnings rose 28.8% to $19.7 million, or 2
New Balance Details Plans for HQ Expansion
New Balance unveiled its plan for a $250 million mixed-use development alongside its headquarters in Brighton, MA, that would feature a sports complex, hotel, park, movie theater, office buildings, and community space, along with a commuter rail station a
Hincapie Sportswear Names Rep for Southwestern States
Hincapie Sportswear has hired Chris Gould as retail sales representatives for the brand in Las Vegas, NV; Arizona; New Mexico and El Paso, TX. Effective immediately, Gould will represent Hincapie for retail cycling apparel and accessory sales to independ
Teton County Approves Design Funds for Jackson Boulder Park
Teton County Commissions voted last week to approve a $7,075 contract to design a boulder park in downtown Jackson, WY, the Jackson Hole Daily reported. The non-profit coalition backing the project has already raised $100,000 of its $150,000 goals…
2010 Winter Trails Attracts 10,700 Participants
Winter Trails, held on January 9, 2010, attracted approximately 10,700 participants, according to program organizers. Some of the largest events took place at the Weston Ski Track near Boston, Ft. Snelling in Minneapolis and Estes Park, CO…
State Park Directors Launch Campaign to Mobilize Public Opinion
The National Association of State Park Directors (NASPD) has established the America's State Parks alliance to mobilize the public and policy makers on the positive impact of state parks. The initiative comes as Arizona, California, New York and many
Puma AG Doubles Q4 Profits on Fewer Close-Outs
Puma AG saw its top-line results continue on a negative trend in the fourth quarter, but an improvement in gross margins and a reduction in one-time charges helped double earnings for the period. Still, the fourth quarter turnaround in bottom-line result
Cabela’s Sees Q4 Profits Plunge on Charges
Cabela’s Inc. reported consolidated revenues grew 4.5% for the fourth quarter of fiscal 2009 — slightly better than analysts had forecast — but charges and liquidation costs pushed profits down more than 66% from the prior-year period…
Perry Ellis Reports Earnings Above Expectations
Perry Ellis International, Inc., which makes swimwear and golf apparel under the Jantzen, Nike, Jag, Callaway and PGA Tour labels, expects to deliver results at or in the top end of its previously announced guidance range of between 80 cents and 95 cents
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…
