SGB Update Sports & Fitness

Element 21 Golf Adds to Board of Directors

Element 21 Golf Company added Mary E. Bryan to its Board of Directors. Ms. Bryan brings to e21 a multi-faceted 30 year background in the golf industry. Her experience includes 25 years on the LPGA and Senior LPGA Tours, TV/radio golf announcing on major n

RECALL: Life is good Kid’s Sweatshirts

The U.S. CPSC and the Independent Trading Co. of San Clemente, Cali. are recalling approximately 1,200 Life is good Children's Sweatshirts. The garments have a drawstring through the hood, posing a strangulation hazard to children…

Zumiez Continues Strong Comps Gains

Zumiez Inc. reported a 53.7% increase in sales for the month of March to $28.3 million from $18.4 million for the same period last year. The company's comparable store sales increased 17.0% for the five-week period, on top of a comparable store sales

J.C. Penney Posts 10.6% March Comps Jump

J. C. Penney Company, Inc. total department store sales increased 13.3% for March, and include results from seven new stores the company opened the first week of the month. Comparable department store sales increased 10.6%, compared to initial guidance fo

JJB Fiscal 2006 Sales Climb 8.7% on Replica Jerseys

JJB Sports reported that total revenue for the 2006 fiscal year was £810.3 million ($1.47 bn), 8.7% higher than the £745.2 million ($1.37 bn) reported in 2005. Total revenue from the Leisure Division increased 38.5%, which reflects in part the increase in

Gramicci Hires National and Global Sales Director

Gramicci apparel hired Matthew Kaseta as director of national and global sales. Kaseta, who has more than 20 years of sales and product management experience, has worked with internationally known brands including Bell Sports, Burton Snowboards, Reebok an

PPR Acquires Stake in Puma in Lead Up to Proposed Buy Out

After rumors swirled in the market late last week, Puma confirmed that French luxury goods company Pinault-Printemps-Redoute (PPR) had acquired the stake of Mayfair “Beteiligungsfondsgesellschaft” in PUMA and that the company made a voluntary public take-

Bass Pro Shops Launches RedHead Log Cabins

Bass Pro Shops has partnered with Barna Log Homes to offer an official line of RedHead log cabins. RedHead Log Cabins will be featured in Bass Pro Shops' fall catalog, beginning distribution in June…

adidas to Consolidate Distribution in Spartanburg, SC

The adidas Group will consolidate the adidas brand’s current apparel distribution center in Hebron, Ky., a footwear distribution center in Spartanburg, S.C., Reebok’s apparel distribution center in Memphis, Tenn., and Reebok’s footwear distribution center

Allied Capital Buys Minority Stake in Wear Me Apparel

Allied Capital Corp. has invested $176.5 million for a minority stake in Wear Me Apparel, a major children's wear manufacturer. Besides its proprietary brands, Wear Me Apparel also makes kids clothes under licensed brands including characters from Di

Rudy Project Adds to Sales Staff

Rudy Project Technically Cool Eyewear appointed industry veteran Shane Kanderis to the position of Western Regional Sales Director. Kanderis’ responsibilities will include leading Rudy Project’s Western Sales Team and working with and supporting Rudy Proj

Peak Resorts Completes Mount Snow and Attitash Deal

Peak Resorts completed the purchase of Mount Snow and Attitash resorts from American Skiing Company. The sale agreement, originally announced on February 16, includes all properties and assets of Mount Snow and Attitash resorts, for a purchase price of $

Apparel Sales Story for 2006 Was About Performance…

While the women’s trend in sport footwear held the overall business in footwear in check last year, the reverse was true for the sports apparel business. Strength in the women’s sports apparel business, particularly in performance apparel, kept the overa