SGB Update Sportsmans
Meijer and Crocs Execs Named to RAMA Board of Directors
The Retail Advertising and Marketing Association (RAMA), a division of The National Retail Federation, named Kevin Brown, group vice president, and chief marketing officer at Meijer Inc. as chairman of its board of directors. Andrew Davison, chief marketi
Scheel’s Amplifies Social Media Presence with In-store Photo Booth
Scheels is harvesting a social media bonanza from a new kiosk it installed at its Sandy, UT store that enables customers to take pictures of themselves against a variety of backgrounds using augmented reality kiosk and then share them via e-mail…
Beijing AIC Fines Nike for Having Double Standard
Nike has been fined 4.87 million yuan ($779,700) for deceptive advertising in China, according to the Beijing Administration for Industry and Commerce recently. According to Want China Times, a model of Nike basketball shoes that sell for 1,299 yuan ($208
Target Adds Canadian Freeskier to Action Sports Team
Target, which is preparing to open its first store in Canada in March of next year, added Canadian freeskier Rosalind Groenewoud to its roster of action sports…
Deckers Outdoor’s Q3 Hit by Weakness at Ugg
Hurt by weaker sales of Ugg due to rising prices and warm weather, Deckers Outdoor Corp reported net sales in the third quarter fell 9.2 percent to $376.4 million compared to $414.4 million for the same period last year. Net earnings slumped 32.3 percent
RECALL: Rim Tape for 800 Flo Cycling Wheels
Flo Cycling LLC of Las Vegas is recalling bicycle wheel rim tape provided with about 800 wheels because it can fail and break under pressure…
Delta Apparel’s Q1 Profits Slide on Revenue Decline
Delta Apparel, Inc. reported sales declined 5.3 percent in the first quarter ended Sept. 30, to $130.1 million from $123.5 million a year ago…
Puma SE Q3 Earnings Plummet on Margin, Expense Woes
Puma SE reported that third quarter consolidated sales grew by 6.0 percent in euro terms and by 0.5 percent currency adjusted to €892.2 million ($1.12 bn). Net earnings fell by 85.1 percent to €12.2 million, or 81 cents per diluted share. Foot
Bridgedale Seeking North American Distributors
Bridgedale said Garmont NA will continue to distribute its socks in North America through mid-December, while Bridgedale seeks new distribution partners for the region. As reported in September, Garmont NA will relinquish its distribution deal with Bridge
Hanesbrands Counters Cotton Prices with Cost Cuts to Grow Q3 Profits
HanesBrands reported that sales for Champion activewear and Gear for Sports licensed apparel increased, but higher cotton costs suppressed segment operating profitability in the third quarter. Still, the company grew overall profits faster than sales duri
Iconix Acquires Umbro from Nike
Iconix Brand Group, Inc. signed a definitive agreement to acquire the Umbro brand and related intellectual property assets from Nike, Inc. for $225 million in cash. The transaction is expected to close by the end of the year…
Adidas Claims Victory in Nike/Flyknit Lawsuit
A German court ruled a temporary injunction brought by Nike over Adidas sales of the Adizero Primeknit running shoe cannot be sustained, according to a report in Reuters…
A.T. Cross Optical’s Q3 Sales Up 8 Percent
The Cross Optical Group (COG), which owns the Costa and Native eyewear brands, had third quarter revenue of $19.5 million, an 8.0 percent increase compared to last year, parent company A.T. Cross Company reported…
RECALL: Louis Garneau Sports Inc.’s Pulse LTD 2009 Bikes
FGL Sports of Canada is voluntarily issuing a targeted consumer recall of the Pulse LTD 2009 hybrid bicycle due to a manufacturing defect…
NOAA: Wavering El Nino Makes Winter Forecast Iffy
The western half of the continental U.S. and central and northern Alaska could be in for a warmer-than-average winter, while most of Florida might be colder-than-normal December through February, according to NOAA’s annual Winter Outlook…
