SGB Update Sports & Fitness

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

Serotta Sports Taps Mavis to Build Cycling Lines

Stan Mavis, co-founder of Pearl Izumi and later president of Sugoi Performance Apparel, has been named president of the newly formed Serotta Sport, which will continue to offer Serotta’s custom, hand-built bicycles and also be the exclusive North Am

Federal Agencies Sign Agreement to Protect Sage-Grouse Habitat

Agriculture Secretary Tom Vilsack and Interior Secretary Ken Salazar have announced an agreement to support the conservation of greater sage-grouse and sagebrush ecosystems in parts of 11 Western states, according to a release by the U.S. Fish & Wildlife

RECALL: TUSA RS-670 Scuba Regulators

Tabata USA Inc of Long Beach, CA. is voluntarily recalling about 250 TUSA RS-670 regulators because they pose a danger of drowning, the Consumer Product Safety Commission said…

JD Sports Sees 2.5% Comp Gain in 2009

JD Sports has posted a rise in group profit before tax and exceptional items of 26% to 67.4 million pounds ($92 million) in its year ended Jan. 30, up from 53.6 million pounds ($81.4 million) the prior year. Total revenue increased 14.7% to 769.8 million

Quiksilver Sells Raisins Swim Brands

Quiksilver Inc. agreed to sell its Raisins portfolio of swim brands to AOM Holdings, LLC. The brands, which Quiksilver has operated since 1994, include Raisins, Raisins Girls, Leilani, Island Soul an Island Escape…

Nikwax Releases Updated CSR Report

Nikwax listed achieving ISO 14001 certification and being named one of the “Top 60 Green Companies in the U.K. as two of the more notable developments in an update to its Corporate Social Responsibility Report…

Coleman Company Celebrates New Kansas DC

The Coleman Company, Inc. celebrated Friday the official opening of Coleman’s Distribution Center at Midwest Commerce Center which employs 260 in Gardner, Kan…

Colorado Proposal May Open Some Roadless Areas

If approved by the federal government, a proposal submitted by Colorado Governor Bill Ritter to manage the state’s 4.2 million acres of roadless national forest would make it easier for ski areas to expand in those areas…

Crimson Trace Announces Management Team Additions

Crimson Trace has announced several new additions to the Crimson Trace management team. Michael Caulk is now overseeing the engineering department at Crimson Trace as Director of Engineering, Fredrick Karl has been promoted to Product Development Director

ATK Acquires Blackhawk

Alliant Techsystems has acquired Blackhawk Industries Products Group Unlimited, LLC. ATK said the acquisition of Blackhawk, combined with the recent acquisition of Eagle Industries, strengthens ATK’s position in tactical accessories and equipment fo

Internet Advertising Rebounded in Q4

Though U.S. Internet advertising revenues declined 3.4% in 2009 they hit a record $6.3 billion in the fourth quarter, marking a 2.6% increase year-over-year and a 14% increase over the third quarter of 2009, accoridng to the IAB Internet Advertising Reven