SGB Update Sportsmans

BrandBlack Signs Jamal Crawford as First Endorser

Brandblack, a new basketball sneaker line started by footwear veteran David Raysse, has signed NBA guard Jamal Crawford of the Los Angeles Clippers as its first endorser. With the brand’s mantra “A Different Way to Fly”, Brandblack is de

Affordable Footwear Act Reintroduced in Congress

Trade associations praised Senators Maria Cantwell (D-WA) and Roy Blunt (R-MO) for reintroducing the Affordable Footwear Act of 2013 (S. 1633), saying it would lower consumer costs, promote jobs and drive innovation in domestically produced outdoor and ch

Patagonia Partners to Introduce Organic Brew

Patagonia Inc. and New Belgium Brewing announced availability of California Route, a limited-release organic California lager commemorating Patagonia's 40th anniversary…

Motionwear to Expand Indianapolis Headquarters

Motionwear, LLC, a designer, manufacturer and distributor of girls' dance, gymnastics, team and cheer apparel in Indianapolis, IN, announced plans to expand its operations, creating up to 28 new jobs by 2016…

Soles4Souls Supports Typhoon Recovery

Soles4Souls, Inc., a nonprofit international anti-poverty and relief organization that distributes shoes and clothing, is asking supporters around the world for financial donations so that it can quickly transport new shoes to the Philippines and other ar

Costa Inc. to Be Acquired by Essilor International

Costa Inc., which owns the Costa and Native sunglasses brands, has agreed to be acquired by Essilor International for $21.50 per share, or $270 million. The all cash offer represents a 19 percent premium on the volume weighted average share price over th

Gander Mountain Opening Store in Raleigh

Gander Mountain is opening a store in Raleigh, the eighth Gander Mountain store in North Carolina, and the second in the Triangle region. The store is set to open in the spring of 2014…

Sport Chek, Acquisition Drive FGL Sports Growth in Q3

Comparable store sales at FGL Sports increased 6.3 percent in the third quarter as a result of strong sales of equipment, apparel and footwear at its flagship Sport Chek banner, parent company Canadian Tire Corp. reported…

Soccerex Cancels 2013 Conference After Rio de Janeiro Cuts Support

Soccerex said it was forced to cancel its global convention in Rio de Janeiro after the local sports ministry withdrew financial support for the annual event. The UK-based trade show organizer said it will sue the state of Rio de Janeiro to recover exepen

Puma Cuts Full-Year Earnings Forecast on Impairment Charges

Puma said that said it now expects full-year 2013 net earnings “to be positive, but significantly below those of 2012,” partly due to one-time charges of about 130 million euros ($174 million) to be taken in the fourth quarter. Puma also confirmed that it

Sturm, Ruger’s Q3 Revenues Leap 45 Percent

Sturm, Ruger & Company, Inc. reported profits jumped 65.2 percent in its third quarter, to $26.7 million, or $1.44 a share, from $17.3 million, or 88 cents, a year ago. Revenues climbed 44.6 percent to $170.9 million from $118.2 million…