SGB Update Sports & Fitness

Sport Chalet Expects Comps Decline in Fiscal Q2…

Sport Chalet said that macro economic trends – most likely spurred by California’s slumping housing market – are impacting sales during the fiscal second quarter. This factor coupled with the company’s aggressive growth plans and market share turf war wit

Cocona Receives Growth Funding

Cocona Inc., formerly Traptek LLC, has received major funding from Boston-based Fairhaven Capital Partners — a venture capital firm that invests in early- to growth-stage companies — to help it with ongoing marketing and development efforts related to Coc

Orange 21 and No Fear Drop Retail Talks…

In July, Orange 21, Inc. entered into discussions with No Fear to acquire its retail subsidiary, No Fear Retail Stores, Inc. as part of a strategic expansion. More recently, Orange 21’s independent special committee of its board of directors concluded tha

Genesco Sues Finish Line to Force Marriage…

When looking at the courtship of Genesco, Inc. and its coveted position in the mall, it’s hard to remember a deal in recent history that has had more ups and downs or that has gotten more personal. The latest salvo was launched on Friday morning as Genes

OIA Rendezvous in Vancouver

The Outdoor Industry Association will hold its annual Rendezvous leadership and learning conference in Vancouver, Wash. next week. The sold out event will host hundreds of outdoor industry professionals for seminars, speakers and active outdoor recreatio

RECALL: Novara Afterburner Trailer Bicycles

REI is recalling approximately 5,200 Novara Afterburner Trailer Bicycles, because the trailer bicycle can detach from the adult bicycle, posing a fall hazard to children. REI has received one report of a children’s trailer bicycle detaching from the adult

Puma Partners with Peace One Day

In 2001 Peace One Day achieved its primary objective; having the UN general assembly adopt a resolution by all UN member states to formally establish an annual day of global ceasefire and non-violence. This International Day of Peace is September 21st. To

Asics Taps Industry Veteran as Apparel Product Manager

ASICS America Corporation has tapped industry veteran Patty Kelly as Apparel Product Manager. Patty, who specializes in brand and product launches, will focus her efforts on both Women's and Men's ASICS apparel.

Shred Alert Names Frey As VP

Shred Alert, Inc. added Tripp Frey to head its sales team as vice president of the company. With extensive financial analyst and management experience, Frey will lend his business expertise directing the sales force and market forecasting…

Cocona Receives Capital Infusion

Cocona Inc. (formerly Traptek, LLC) has received a “major capital investment” from Fairhaven Capital, a leading early- and growth-stage venture capital firm based in Boston, Massachusetts. Sources at both Cocona Inc. and Fairhaven declined to disclose th

Christina America Acquires Baltex Swimwear

Montreal-based Christina America has purchased the assets of Baltex Swimwear. The deal maintains the Baltex name and secures a significant number of Baltex jobs. The transaction price was not disclosed…

Bakers Footwear President Resigns

Bakers Footwear Group, Inc. announced that Michele Bergerac, President and Director, has resigned from the company to pursue other interests. In addition, Bakers named Mark Ianni, previously General Merchandise Manager to the position of Chief Merchandisi

Mainland Headwear H1 sales and Profits Decline

Mainland Headwear H1 turnover was HK$255.1 million ($32.7 mm) representing a drop of 20% when compared with the same period last year. The decrease in turnover was mainly attributable to the Group’s disposal of its subsidiary Drew Pearson Marketing Inc. i

New Sport Supply Group Looks Ahead after Year of Integration…

Sport Supply Group, the entity formed after Collegiate Pacific, Inc. acquired the former Sport Supply Group in November 2006, ended its first fiscal year as a combined business with bottom line gains that more than doubled compared to the previous fiscal

Boarding for a Better World?

The ASR show floor was awash in a wave of green, as has been happening in several industries after migrating initially from the Outdoor world. Several companies, like Simple, IPATH and Element, have always included an eco aspect to their brand message and