SGB Update Sportsmans
Nike Vows to Improve Profitability
At Nike’s shareholder meeting held at its Beaverton headquarters, CEO Mark Parker spent much of his presentation detailing how the company’s commitment to innovation, connections with athletes, and inspiring stories helped drive the company
Richemont Acquires Peter Millar
Richemont, the Geneva, Switzerland-based owner of a luxury portfolio that includes Alfred Dunhill and Cartier, has acquired the menswear golf brand Peter Millar from majority stakeholder Winona Capital Management. The terms of the deal, which is expected
Timberland Plots Aggressive Expansion in China
According to China Daily, Timberland plans to open 40 to 50 stores in China annually over the next five years while upgrading and expanding some of its existing stores. After launching in the Chinese mainland six years ago, Timberland now has 150 outlets
Sales Guys Opens New Denver Office
Sales Guys unveiled a new Denver office and showroom Wednesday that enables the company to better serve retailers and brands, while also contributing to the creativity and innovation fueling Denver’s snow sports and outdoor economies…
Skullcandy Taps Vizio Exec as New SVP and CFO
Skullcandy, Inc. appointed Kyle B. Wescoat as senior vice president and chief financial officer, effective Oct. 1, 2012. Wescoat joined the company from Vizio, Inc, where he served as vice president and CFO, but he has held senior posiitons at Vans, Chero
Report: Sports Direct Leads Bidders for JJB Sports
Sports Direct is believed to be close to arranging to buy the most profitable stores from JJB under a controversial “pre-pack” administration, according to reports in the U.K. press. JJB Sports put itself up for sale at the end of last month as it sits on
Templin Leaves VF Outdoor to Take COO/CFO Post at Eddie Bauer
Dan Templin, who played an instrumental role in building VF Outdoor into an 11-brand, multi-billion dollar global juggernaut through a series of acquisitions, has accepted the position of chief operating officer and chief financial officer at Eddie Bauer
Cornell U. Cuts Adidas Ties Over Labor Issues
Cornell became the first university to sever its licensing contract with Adidas over recent allegations of labor abuses. Last Thursday, President David Skorton sent a letter to Adidas Team, Inc., stating that due to the company’s refusal to give sev
August Retail Sales Climb 3.8 Percent Over Year Earlier Level
The National Retail Federation estimated August retail sales (excluding automobiles, gas stations and restaurants) increased 0.2 percent seasonally adjusted from July and 3.8 percent unadjusted year-over-year…
Vasque is Official Footwear Sponsor of the U.S. National Snowshoe Team
Vasque announced its sponsorship of the 2012 – 2013 U.S. National Snowshoe Team…
Cunnane to Address OIWC Awards Banquet at Interbike
Patrick Cunnane, the president and CEO of Advanced Sports International, will be keynote speaker at the Outdoor Industries Women’s Coalition's (OIWC) inaugural awards ceremony at Interbike later this month. The event is being sponsored by Rodal
Survey: 42 Percent of Major US Retailers to Start Holiday Promotions in October
Although slashed prices have been a hallmark of the holidays over the past few years, promotional and inventory strategies will be more refined and disciplined this year, according to a survey released today by Hay Group, a global management consultancy..
Hobie Cat Reunites Brands Worldwide
Hobie Cat Company, Oceanside, CA, acquired Hobie Cat’s business in Europe, giving the sailboat and kayak company worldwide trademark rights and places operations of Hobie in Europe under the control of Hobie Cat Company. Together with Hobie Cat Aust
Shoe Carnival Lauds Partnership with Nike
Speaking last week at the Invent Indiant Equity Conference in Indianapolis, Mark Lemond, Shoe Carnival’s CEO, said Nike has become the family shoe chain’s “largest and fastest growing vendor.”…
City Sports Appoints New CEO
City Sports named Edward Albertian as president and CEO. Albertian joins City Sports after seven years as president and COO of the Trans National Group in Boston. He replaces Jeff Connor, who resigned in mid-August…
