SGB Update Sports & Fitness

Orange 21 2008 Loss Nearly Doubles

Orange 21 Inc., which owns Spy Optic, reported sales rose 2% to $47.3 million in 2008 from $46.5 million for 2007. The action sports company incurred a net loss of $15.2 million for the year ended Dec. 31 compared to a net loss of $8.0 million for the yea

Gwen Manto Exits Dick’s SG

Gwen Manto left her role as EVP and chief merchandising officer of Dick's Sporting Goods, Inc., effective April 13. According to a filing with the SEC, DKS does not expect to replace her in this position but will instead realign its merchandising org

Census Bureau: Gas, Auto Sales Declines Sank Retailers in March

The U.S. Census Bureau reported Tuesday that advance estimates of U.S. retail and food services sales for March, which were adjusted for seasonal variation and holiday and trading-day differences but not for price changes, were $344.4 billion, a decrease

Smith and Wesson, USA Shooting Team Up

Smith & Wesson Corp., said the company will team up with USA Shooting to sponsor training clinics for top junior qualifiers as part of the National Junior Olympic Shooting Championships taking place April 15-20, 2009 in Colorado Springs, CO…

Darn Tough Vermont Socks Awarded $8.5 Million Army Contract

Darn Tough Vermont said its military issue flame resistant Merino wool boot sock will be included in the recently awarded Fire Resistant Environmental Ensemble known as the FREE Clothing System. This is a multilayered, versatile, insulating system that is

Rocky Signs On For Field and Stream Competition

Rocky has signed on as the official boot sponsor of Field & Stream magazine's 2009 Total Outdoorsman Challenge. The world's largest outdoor magazine is hosting its sixth annual outdoor competition across the nation throughout the summer. Open to

Nautilus Takes Action Against Counterfeiters

Nautilus, Inc. has filed suit against importer/distributor, SC Excel Technology, Inc. (dba Duro Fitness) of Montreal, Canada and obtained an Anton Piller order to enter its premises and seize counterfeit goods and relevant records. The suit was filed aft

Former Golf Galaxy Management Launch Consuling Group

The former co-founders of Golf Galaxy, Greg Maanum and Randy Zanatta, have launched Retail Minds, a consulting group based in Minneapolis, MN. Golf Galaxy was sold to Dick's Sporting Goods in early 2007…

Bakers Footwear Earnings Plunge in Q4, Comps up 3.6%

Bakers Footwear Group, Inc. reported net income for the quarter plunged to $0.5 million or 7 cents per share from $7.3 million, or $1.03 per share in last year's fourth quarter. Results for the prior year period included a gain of $4.8 million or 67

Genesco Investor Files Lawsuit Against UBS Securities

An investor in Genesco Inc. shares has filed a proposed securities class action against UBS Securities, LLC on behalf of all holders of the common stock of Genesco, Inc. The lawsuit stems from its terminated merger with The Finish Line…

Burton Merges Down Under Opens

Burton said that instead of having two events down under in 2009, it has decided to combine the Australian Open and the New Zealand Open into one premier Southern Hemisphere event taking place in New Zealand…

Big City Mountaineers Celebrates 20th Anniversary

In 2009, Big City Mountaineers will mark 20 years of enhancing the lives of under-resourced urban teens through transformative outdoor experiences. Since 1989, BCM has worked to offer a new perspective to teens through weeklong wilderness backpacking and

Outdoor Companies Honored on Best Places to Work List

Deckers Outdoor, Mountain Hardwear, Clif Bar, Smartwool and several other companies recently announced their inclusion in Outside Magazine's 2009 list of “Best Places to Work.” Deckers was ranked No. 26 out of 30 selected companies, while Mountain Ha