SGB Update Sportsmans

Obama Admin Lifts Opposition to Tariff Suspension Bills

Manufacturers who were up in arms last week were able to relax over the weekend when the Obama administration announced Friday they were lifting their opposition to eight of the 18 outdoor industry miscellaneous tariff bills (MTBs) that reduce import tari

Iconix Completes Acquisition Of Umbro

Iconix Brand Group, Inc. completed the acquisition of the Umbro brand and related intellectual property assets from Nike, Inc. for $225 million in cash…

Nike Brand Exits Surf; Passes Business to Hurley

Nike Inc. plans to move its surfwear operations under its Hurley International brand, following the company’s earlier decision not to renew its title sponsorship of the annual U.S. Open of Surfing.

U.S. Retail Shrinkage Reaches $8.9 Billion

Retailers in the U.S. are expected to lose $8.9 billion over the holiday season as a result of shoplifting, dishonest employees and vendor or distribution losses, according to a new study released today by the Centre for Retail Research. The study found t

October Golf Rounds Slump

According to Golf Datatech, golf rounds played during October was down 5.0 percent…

Outdoor Industry Pressure Heads off Tariff Threat

The Obama Administration, in response to a swift and vocal campaign by the outdoor industry, lifted its opposition Friday to eight miscellaneous tariff bills (MTBs) that reduce import duties on certain specialty outdoor footwear products that have no viab

Quiksilver Opens Stores in Vail and Park City

Quiksilver opened in mid-November newly designed mountain concept stores in Vail, CO. and Park City, UT to emphasize its Wintersports Division's growing snow and technical apparel collections…

Compass Diversified Holdings Names New CEO

Compass Diversified Holdings (CODI), which owns CamelBak Products and mountain bike components maker Fox, named a new CEO Friday to replace one who has been on a leave of absence pending an investigation by the Securities and Exchange Commission…

Bon-Ton Comps Down Slightly in November

The Bon-Ton Stores, Inc. reported comparable store sales in the four weeks ended Nov. 24 decreased 0.1 percent. Total sales decreased 0.8 percent to $301.3 million in the current year compared with $303.6 million in the prior year period…

Stein Mart Comps Surge 7.1 Percent in November

Stein Mart, Inc. (SMRT) reported comparable store sales for the four-week period ended Nov. 24, 2012 increased 7.1 percent. Total sales for the period were $109.8 million, an increase of 7.5 percent from $102.1 million in the same period in 2011…

Kohl’s Comps Drop in November

Kohl’s Corp reported that for the four-week month ended Nov. 24, total sales decreased 4.9 percent and comparable store sales decreased 5.6 percent…

Take Me Fishing Grant Window Opens

Outdoor Nation and the Recreational Boating & Fishing Foundation (RBFF) have begun accepting applications for the latest round of Take Me Fishing Awards aimed at connecting Americans to their waterways through…