SGB Update Sportsmans

Yue Yuen Estimates $37M Worker Provision over China Strike

Yue Yuen Industrial Holdings Ltd said it would make a preliminary provision of some $37 million to an employee benefit program at its Gaobu factory in southern China as part of an agreement that resolved a major strike…

Dick’s SG Slashes FY Guidance on Weakness in Golf and Hunt

Dick’s Sporting Goods reported an 8.0 percent increase in its first-quarter profit but results came in slightly below expectations due to a sales shortfall in its golf and hunt categories. More problematic, with weakness in those categories expected

Crailar Technologies Delivers Flax Fibers in First Quarter

Crailar Technologies Inc. commenced commercial production and shipped small quantities of high-quality flax fiber in the first quarter after outsourcing production while it worked to bring a European factory online. The Canadian company, which has raised

City Sports to Open in Westfield, NJ and Manhasset, NY

City Sports will be branching out with the opening of two New York area stores in Westfield, NJ and Manhasset, Long Island, in the coming weeks. The opening of the Westfield location marks City Sports’ first foray into New Jersey…

Remington Announces Corporate Consolidation

Remington Arms Company LLC on Thursday told employees at sites in seven states, including two productions lines in New York, that it is relocating their jobs to its new facility in Huntsville, AL…

Garmin Acquires Fusion Electronics

Garmin, Ltd announced that it has entered into an agreement to acquire substantially all of the assets of Fusion Electronics Limited and its subsidiaries…