SGB Update Sports & Fitness
Jimmy Jazz Opens First Store in Indiana
Jimmy Jazz, the urban apparel and footwear chain, will be opening its first store in Indiana on April 3rd in the Lafayette Square Mall, located in the capital of Indianapolis. Additionally, Jimmy Jazz said it is anticipating up to 20 new store openings be
Lululemon Q4 Net Income Down on Comps Decline
Lululemon athletica inc. net revenue for the quarter ended Feb. 1, 2009 was $103.9 million, a 0.1% decrease from net revenue of $104.0 million in the fourth quarter of fiscal 2007. Net revenue from corporate-owned stores was $90.3 million, a decrease of 1
Active Ride Shop Files for Chapter 11 Protection
Active Ride Shop filed a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Code. In a statement, the skate chain, based in Mira Loma, CA, is closing eight stores and plans to realign “its corporate support structure a
Report: Endorsements Most Important to Youth, Minorities
Athlete and celebrity endorsement dollars are best spent when targeting a younger or minority sports or outdoor consumer in the U.S. That conclusion is one element of the recent SportsOneSource 2009 Brand Strength Report that measures how American consum
Paragon Sports Launches First-Ever Spring Warehouse Sale
Paragon Sports will be introducing its their first ever spring warehouse sale event Thursday, March 26th – April 2nd, 2009. The sale will feature 50-80% off original prices across a wide range of categories…
SHOP.PGATOUR.COM Relaunches with New Partner
The PGA TOUR and licensee PGA TOUR Superstores have partnered with Global Value Commerce to launch the redesigned SHOP.PGATOUR.COM, the official online store of the PGA TOUR. The new website features expanded functionality, a broad selection of merchandis
GrindTV and Sportnet Merge
GrindTV and Sportnet announced plans to combine the web's two top action sports properties into one dominant digital action sports network collectively reaching over ten million monthly visitors. The company will operate as Sportnet, and will provide
Trek Bicycle Furloughs Affects Almost 300 Workers
Trek Bicycle Corp. has instituted temporary furloughs for many production workers at its Waterloo plant, according to the Wisconsin State Journal. Most production employees rotated one week on, one week off without pay during February. Fewer than 300 of t
AVIA Adds to its Triathletes
Avia added Joanna Zeiger to its team of professional athletes. Two years after turning pro in 1998, Zeiger won Triathlete of the Year honors in 2000 for her fourth place finish at the Olympics and fifth place finish at the Ironman Championship in Kona, Ha
Under Armour to Outfit USA Football
USA Football, the sport’s national governing body on youth and amateur levels, and Under Armour, Inc. said that Under Armour will be the official outfitter of USA Football training events and national teams…
Boulder Outdoor Specialty Group Adds to Sales Team
The Boulder Outdoor Specialty Group (BOSG), a collection of six cornerstone outdoor industry brands, has added Brian Wilson to its inside team of dedicated territory sales managers. As a Pacific Northwest territory sales manager, Brian will be better able
Dorel Launches Stock Buyback
Dorel Industries Inc. plans to repurchase for cancellation up to 1,458,624 Class B Subordinate Voting Shares, representing 5% of Dorel's issued and outstanding Class B Subordinate Voting Shares. The purchases will be made over a twelve-month period c
Confluence to Launch Seven New Websites This Spring
Beginning this week and continuing through the end of April, Confluence Watersports will debut completely new websites for its brands. The Wilderness Systems site is currently live. In the proceeding weeks, revamped sites for Dagger, Wave Sport, Perceptio
Nautilus Widens Q4 Loss on Plunging Sales
Nautilus, Inc. continued to see weakness in the fourth quarter, bringing an end to a dismal 2008 that saw net revenues drop in all three major business segments…
Survey: Health Clubs Post ‘Healthy’ Results
Health clubs are performing relatively well so far this year, according to a recent survey from The International Health, Racquet and Sportsclub Association (IHRSA). At least two-thirds of survey respondents indicated that certain aspects of their busine
