SGB Update Sports & Fitness

Diadora Sale Deal Postponed

The sale of Diadora to the founder of footwear firm Geox SpA has been put on hold until next month by an Italian bankruptcy court. The Italian-based Diadora SpA in June agreed to sell its business to Geox SpA's founder and chairman, Mario Moretti Pol

Puma, Adidas Make PEACE

Employees from long-time industry rivals Adidas and Puma will shake hands for the first time in six decades in support of the peace initiative “PEACE ONE DAY.” As a sign of amicable cooperation, employees of both companies will play football together on

Puma Loses Trademark Case in South Africa

The Supreme Court of Appeal in South Africa dismissed an application for trademark infringement brought by Puma against Global Warming, a South Africa-based importer and distributor of footwear…

Genesco CEO Sees Special Circumstances Leading to Solid Back Half

Speaking at the CL King's Best Idea's conference, Genesco CEO Bob Dennis said a number of circumstances – including dismal year-ago comparisons, specific sales opportunities among brands, and expense measures – will help the company have a much

Tough Second Quarter Impacts Sales and Profits

During the second quarter of 2008, the first signs of the coming financial crisis were just beginning to be seen by retailers and vendors. Today, the outdoor industry is living in the reality of a market that is vastly different than it was 12 months ago.

KEEN Partners with 88bikes Foundation

KEEN Inc. is partnership with 88bikes Foundation, a non-profit dedicated to providing bikes to young people in developing countries…

NSSF Launches Campaign to Educate America About “Black Guns”

The National Shooting Sports Foundation has launched a national media campaign designed to correct widespread misperceptions among gun owners and non-gun owners about AR-15-style rifles, also known as modern sporting rifles, according to a recent release

SIA Releases Snow Sports Market Intelligence Report

SIA released the 2009 Snow Sports Market Intelligence Report, a topline review of the snow sports marketplace. The Report provides valuable insight into retail sales and participation trends, demographics for snow sports participants, analysis of the seas

Coalition Supports Conservation Funding at House Hearing

A broad coalition of national, state and local conservation and recreation organizations thanked House Natural Resources Committee Chairman Nick Rahall recently and urged Committee members to maintain full and permanent funding for land conservation and o

Sport Supply Named Equipment Supplier to Focused Fitness

Sport Supply Group, Inc. signed a multi-year agreement to become the exclusive equipment supplier to Focused Fitness, one of the Nation's suppliers of coordinated school health curricula for the in-school and after-school markets…

ExpoCycle Attendance Down, Exhibitor Participation Grows

While the Bicycle Trade Association of Canada (BTAC), producer of ExpoCycle, saw an increase in exhibitor participation there was a drop in attendance for the 2009 show compared to 2008. Still, many claimed value in quality over quantity, saying it was th

Dynafit to Sponsor Greg Hill

Dynafit announced that ski mountaineer Greg Hill has become a Dynafit brand ambassador and sponsored athlete. A long-time Dynafit user, Hill will ski on the complete Dynafit system of skis, boots, and bindings for all of his backcountry ski adventures…

Sears Holdings Elects Kunkler To Board

Sears Holdings Corporation elected William C. Kunkler, 52, executive vice president – operations of CC Industries, Inc., a private equity firm focused on manufacturing companies and real estate investments, to membership on the Sears Holdings board…

NOAA Predicts El Niño for 2009/10 Ski Season

According to the National Oceanographic and Atmospheric Administration (NOAA), the climate is in an “El Niño” condition now and that condition is expected to last through Winter 2009/10. Both 1995/96 and 2005/06 were El Niño winters and participation lev