SGB Update Sports & Fitness
EU Court: Two-stripe Imitations Could Infringe on Adidas Logo
European Union's highest court ruled Thursday that it is up to national authorities to determine whether clothing with designs similar to Adidas' three stripes infringes on the German company's trademark. Adidas had sued several companies i
Primo Sports Launches Sports Equipment Company
Primo Sport, Inc., the creators of Neverflat ball technology, announced plans to launch their own sporting goods company. Primo Sport will design, manufacture and sell a range of sports products that apply the latest materials science know-how to sports e
Report:: Burton Lays Off 30
Burton Snowboards reportedly let go of approximately 30 employees company wide, according to a report on the website of Transworld Business. Sources told the trade magazine that the company has eliminated The Syndicate staff on the West Coast, as well as
Nation’s Best Sports Partners with GE
Nation's Best Sports announced a multi-year agreement to provide the GE Money Sport Finance program through more than 1,000 retail locations throughout the U.S. and Canada. The consumer credit program, managed by GE Money's Sales Finance unit, e
NSGA: Exercise Walking Remains No. 1 Fitness Activity
Exercise walking, which experienced 2.7% growth in 2007, remains the No. 1 participation activity surveyed by the National Sporting Goods Association (NSGA), a position it has held since 1990. Data contained in NSGA’s annual “Sports Participation – Series
Sports Belle Recovering After Fire…
Sports Belle Inc., the sports uniform supplier based in Knoxville, Tenn., is recovering after a fire on March 16 destroyed its headquarters and main factory in Knoxville. The facility employed 50 people…
The Walking Co. Posts Loss on Expense Growth…
Net sales at The Walking Co. increased 19.5% for the year ended Dec. 31, to $162.1 million from $135.7 million last year. The chain, which is part of Big Dog Holdings, reported that $10 million of the increase related to an 8.1% increase in comparable sto
REI Re-Elects Three Directors…
Members of Recreational Equipment Inc. elected a consultant, the CEO of the Bill and Melinda Gates Foundation and the former CEO of Land’s End Inc. to new terms on their board of directors…
White Sierra Seeks Retailers in China
White Sierra will push into China's domestic market this year with its outdoor and sports apparel, packs, bags and footwear. The company said a successful showing at ispo China and a shift to a two-day weekend in China bode well for the outdoor indus
Play It Again Sports Celebrates Brand’s 25th Anniversary
Play It Again Sports will be holding events this April and throughout the year in celebration of the brand's 25th anniversary this year. the chain now has nearly 400 locations nationwide…
Canada’s Dorel To Stop Reporting to SEC
Dorel Industries Inc., which owns the Cannondale and Sugoi cycling brands, will no longer disclose financial information, including it annual report, with the Securities & Exchange Commission. As a TSX-listed reporting issuer, Dorel will continue to file
Heelys Opens European Office
Heelys, Inc. announced the opening of its European office, Heeling Sports EMEA (SPRL). The new company, based in Brussels, Belgium, will serve as the company's European headquarters and extends Heelys' brand and business development in Western,
Orange 21 Misses 10K Deadline
Action sports company Orange 21 said it won't be able to file its annual report on form 10K in time due to material weaknesses in its accounting processes. Annual reports generally must be filed within 60 to 90 days of the closing of a company's
Teko’s Founder Leaves, Anatom Ltd. Takes Control
Jim Heiden, Teko’s CEO and founder, has left the company as Anatom Ltd.—Teko’s new UK-based distributor—acquires a majority stake. Teko’s VP of operations, Owen Hammond, has been named GM in a move to ensure “a smooth ownership transition”…
Riding a New Wave
Confluence’s Sue Rechner discusses the state of the buinsess…
