SGB Update Sports & Fitness
Conservation Alliance Lobbies Congress on Public Lands
Representatives from The North Face, Osprey, The Forest Group, and The Conservation Alliance spent two days lobbying Congress last week to support a bill that includes more than 150 public lands bills. The proposal could go to the Senate floor for a vote
Skram Media to Acquire Mountain Gazette Properties
Skram Media has reached an agreement to purchase the Mountain Gazette from GSM Media, LLC, of Paonia, CO, a deal that will expand its reach to 350,000 mountain sports enthusiasts. Skram Media will also own the magazine’s website, mountaingazette.com. Skra
Investors Turn to Sporting Goods in Tough Times
The old adage about the sporting goods industry weathering tough economic times got a real test last week. A first blush review of Wall Street results last week reveals that the industry did fare better than the market as a whole and many other sectors,
Amer Sports Sees Tough Q4 Ahead
Amer Sports could see a “challenging” fourth quarter as economic problems from the United States spill over into Europe, a senior company official said. “There are signs of weakening macro economy also in Europe,” said company spokesperson Pekka Paalanne.
Investors Turn to Outdoor Stocks in Tough Times
The old adage about the sporting goods industry weathering tough economic times got a real test last week. A first blush review of Wall Street results last week reveals that the outdoor industry did fare better than the market as a whole and many other s
SRAM and Jarden Insist Lehman Bankruptcy Won’t Slow Them Down
Bicycle component maker SRAM said it still expects to close a deal early next month to sell 40% of the company to a unit of bankrupt Lehman Brothers Holdings Inc…
L.L. Bean Opens First Store in China
L.L. Bean plans to open its first store in China, located in the Solana Mall in Beijing. The store, which is the first of five L.L. Bean stores scheduled to open in China this year, will be operated through a joint venture between L.L. Bean and Youngone C
TJX Companies Sells Bob’s Stores
The TJX Companies, Inc. reported it has sold Bob’s Stores to private equity firms Versa Capital Management and Crystal Capital. Terms of the sale were not disclosed….
Cannondale SG Names Global Marketing Chief
Cannondale Sports Group (CSG) has promoted Rory Mason to the position of global director of sports marketing. In his new role, Mason will oversee all of the sports marketing for CSG brands (Cannondale, GT, Schwinn and Mongoose) and will create distinct pr
1% FTP Launches Online Store
One Percent for the Planet (1% FTP), a global network of businesses committed to the preservation and restoration of the natural environment, annouced the launch of an online retail store designed to support its members by offering their products online..
MLB Issues Update on Bat Study
MLB's Safety and Health Advisory Committee said it will soon be able to make “short-term and long-term recommendations to address the issue” of why so many maple bats have been shattering during big league games this summer. The committee was charged
Sports Direct Q1 Sales Flat
Sports Direct International Plc said its sales and earnings for its first quarter ended July 27 increased slightly from last year. The company further said its trading since the end of July remained in line with its forecast amid tough market conditions..
New Balance Opens New Sports Research Lab in Massachusetts
New Balance has opened a new Sports Research Lab in its Lawrence, MA facility. The modern 3,000 square foot facility houses state-of-the-art biomechanics equipment, office space, a 120-foot running track, 30″ by 30″ court and Smash Lab. The facility will
PROBAR Hires Product Development Manager
PROBAR has added Matt Jimenez to the PROBAR senior team. Jimenez, who will serve as product development manager, comes to PROBAR with a long career in the natural food industry…
Puma Exec Joins Keds
Puma exec Tom Morgan will join Keds in the newly created role of SVP of global sales. Beginning in early October, Morgan will manage domestic and international sales for the Keds, Grasshoppers and Pro-Keds brands…
