SGB Update Sportsmans

RECALL: 23,000 Cannondale Mountain Bikes

Dorel Sports' Cycling Sports Group of Wilton, CT, is recalling about 23,000 Cannondale mountain bikes because their OPI stem and steering tube assemblies can fail and pose a risk of injury…

OBIT: L.L.Bean’s Leon Gorman

Leon Gorman, the 80-year old grandson of L.L.Bean and longtime CEO of the company, died Thursday at his home in Yarmouth, ME. He was president and CEO from 1967 to 2001, chairman from 2001 to 2013, and chairman emeritus from 2013 until his death…

G-III Apparel Profits Double in Q2

G-III Apparel Group, Ltd., makers of fan apparel, reported second quarter earnings doubled to $12.4 million, or 27 cents a share, from $6.2 million, or 14 cents, a year ago. Driven by robust wholesale and retail performance, sales increased 12 percent to

Adidas Disses Under Armour Over U.S. Andy Murray Fiasco

Andy Murray, who signed a deal with Under Armour last year, has drawn attention for continuing to wear Adidas shoes at the U.S. Open, despite his contract with Under Armour. Adidas responded with a tweet…

Garmont Receives Equity Investment

Garmont International Srl has sold a 25 percent equity stake to Veneto Sviluppo, a regional holding company near Venice, Italy for €1 million…

Amer Sports Unveils Aggressive Connected Fitness Goals

Amer Sports plans to grow sales of Connected Devices & Services to €600 million by 2020 by connecting everything from Salomon shoes, Precor elliptical trainers, Wilson basketballs and Suunto sports watches into a digital ecosystem that will help cus

Performance Sports’ Organic Sales Up 14 Percent in Fiscal Q4

Performance Sports Group Ltd. reported revenues grew 31 percent in the fiscal fourth quarter ended May 31 thanks to 14 percent organic growth fueled by its hockey business and the addition of Easton Baseball/Softball business it acquired in April 2014…

Outdoor Retailer to Stay in Salt Lake Through 2018

Show organizers for the Outdoor Retailer show announced last week that they agreed to extend its contract with Salt Lake City through Summer 2018. The show had been contracted to stay in Salt Lake City through August 2016…

MIPS AB Picked Up by 14 New Bike Helmet Brands

MIPS AB said its patented Multi-directional Impact Protection System will be available from 14 new bike helmet brands next season, including Bontrager, Louis Garneau and Specialized…

Under Armour Launches New Branding Campaign

Under Armour unveiled its Rule Yourself marketing campaign, which defines the brand’s vision for training as a lifestyle. The 60-second “Anthem” spot and a series of shorter films that will debut this fall season showcase the self-discip