SGB Update Sports & Fitness
Gone But Not Forgotten
The sporting goods industry lost several familiar faces during 2007. Among them, ASICS Corporation chairman Kihachiro Onitsuka died on Saturday, September 29 of heart failure in a hospital in Kobe, Japan. He was 89. Mr. Onitsuka was born on May 29, 1918,
Champion Adventure Racer Joins Newton Running
Newton Running has hired world champion adventure racer Ian Adamson as its new technical advisor. Adamson will assist in product development for Newton, working alongside chief designer and vice president, Danny Abshire….
Faltinek to Retire from NSGA Post
NSGA President and CEO James L. Faltinek will voluntarily retire from the Association May 2, 2008. The Association plans to consider both internal and external candidates to fill the position. Faltinek, who will assist with the transition, has been with N
La Sportiva Expands Mountain Cup
La Sportiva will expand the reach of competitive trail running throughout the country by partnering with the leading trail races in each part of North America. These races will join together to form a competition to determine the fastest mountain runner..
Lance Armstrong Enters Boston Marathon
Lance Armstrong, the seven-time Tour de France champion, has entered the 2008 Boston Marathon, the Boston Athletic Association announced Jan. 17. Armstrong qualified for the Boston Marathon with a 2:46:43 finish at the 2007 ING New York City Marathon…
Macy’s to Close Nine Stores
Macy’s, Inc. plans to close nine underperforming Macy’s stores in the next few weeks. The affected stores are located in Indiana, Louisiana, Ohio, Oklahoma, Texas and Utah…
Sherborne Believes it Won All Votes at Nautilus Shareholders’ Meeting
Sherborne Investors LP said that, based on information provided by its proxy solicitation firm, D.F. King & Co., Inc., it believes all four Sherborne Investors nominees have won election to the Company’s Board of Directors and all other proposals were pas
TJX Settles with Banks Over Stolen Credit Card Information
The TJX Companies, Inc. has entered into a settlement agreement with all but one of the seven banks and bankers associations that sued TJX in a putative class action as a result of the intrusion into TJX’s computer system. Under the agreement, the Massach
RECALL: Hunting Harnesses From Gorilla Inc.
Some 60,000 Chinese-made full-body harnesses used by hunters were recalled because they could allow users to fall from tree stands and risk serious injury, the U.S. Consumer Product Safety Commission said on Tuesdaysaid on Tuesday.The harnesses were made
Vail Q1 Mountain Revenue Down 7.9%
Vail Resorts, Inc. saw its Mountain revenue decrease $3.6 million, or 7.9%, in the first quarter of fiscal 2008 to $42.5 million from $46.2 million for the same quarter last fiscal year. Mountain Reported EBITDA decreased $4.0 million, or 12.2%, to a loss
November Retail Gets Early Holiday Lift…
Retail comparable store sales managed a low-singles increase for the fiscal month of November as the shifting retail calendar gave the month an extra week of Holiday sales. Sales were also aided, though, by several cold bouts and bits of nasty weather th
Solstice Outdoor Appoints East Coast Reps
Solstice Outdoor, Inc. appointed a new team of sales representatives on the East Coast this November. Dan Eubank, Steve Robin and Jeffery Winnick will be the company’s key East Coast sales team…
NRF Looks for Improvements in WTO Retail Regulations
The National Retail Federation is reviewing a draft text of proposed new trade remedy rules released today by the World Trade Organization, and will focus on whether the draft will result in reforms to end the increasing abuse of anti-dumping and counterv
Report: Dick’s Plots Larger HQ…
Dick's Sporting Goods Inc. has filed a preliminary land development application for a new, larger headquarters on Pittsburgh International Airport property…
Summit Golf Brands Adds Zero Restriction Outerwear to Stable
Summit Golf Brands has acquired Zero Restriction Outerwear. Specific terms of the deal were not announced. Zero Restriction joins the Fairway & Greene and EP Pro brands, who, since January 2006, have been owned by Summit Golf Brands. Summit is a division
