SGB Update Sportsmans
European Pedelec Industry Hails Rulilng by European Parliment
The European Parliament voted Tuesday for a clear separation between active and passive transport in a move hailed by the European Cyclists' Federation (ECF), which had been lobbying for such a ruling to keep pedelec bikes from being regulated as mot
Lululemon Settles Yoga Patent Lawsuits
Lululemon Athletica, Calvin Klein, Inc., a wholly owned subsidiary of PVH Corp., and G-III Apparel Group, Ltd., a Calvin Klein, Inc. licensee for Calvin Klein Performance, have entered into a settlement agreement that will resolve the pending design paten
Billabong Executive Considers Buyout Bid
The Board of Billabong International Ltd. announced that it has received notice from Paul Naude that he intends to stand aside temporarily from his current roles as a director of Billabong and president of the Americas in order to investigate the possibi
PrimaLoft Appoints Sue Rechner to Board of Directors
PrimaLoft, Inc. appointed Sue Rechner, president and CEO of Confluence Watersports, to its board of directors, effective immediately. Rechner additionally serves on the board of directors for the Outdoor Industry Association and the Outdoor Foundation…
Osprey Packs Donated to Storm Victims and Clean-Up Workers
Osprey Packs, Inc. donated assorted technical backpacks worth $4,300 to the Humanitarian International Services Group to help with its clean up efforts in the wake of Superstorm Sandy…
Modell’s Opens News Stores in, Plainview, Bronx and Astor Place
Modell’s Sporting Goods will celebrate the grand opening of three new stores in the coming days with locations in Plainview, The Bronx and Astor Place, bringing their total to 153 storefronts…
VF Corp. Eyes Opening More Full-Price Timberland Stores
VF Corp. is contemplating opening more full-price Timberland stores in the United States to coincide with the brand’s apparel re-launch next fall, CFO Bob Shearer told analysts at the Morgan Stanley Global Consumer & Retail Conference last week…
Ohio State Partners with J. America and Fanatics
The Ohio State University announced that J. America and Fanatics, Inc. have been named the university’s licensed apparel and retail partners. The 10-year agreement guarantees $97 million over the term to help fund scholarships…
New Balance/Red Sox Announce 2013 Run-Walk to Home Base
Runners and walkers will once again experience the thrill of crossing Fenway Park’s home base while supporting Iraq and Afghanistan war veterans and their families in the fourth annual Run-Walk to Home Base Presented by New Balance Saturday, May 4,
Perry Ellis’ Q3 In Line With Forecasts
Perry Ellis International reported total revenues in the third quarter were $236.2 million compared to $248.4 million a year ago and in-line with company guidance of an expected mid-single digit decrease. The company noted that continued growth within gol
Bass Pro Real Estate Exec Joins Carmike Cinemas
Carmike Cinemas, Inc. named Thomas H. Wilkinson as its new director of real estate and development to support the movie theater operator's expansion plans. Prior to joining Carmike, Wilkinson was the director of real estate at Bass Pro Shops for six
SFIA (SGMA) Releases its First Holiday Shopping Outlook
According to data from the recently released SFIA Pulse Report, industry indicators reveal the sports and fitness industry in the U.S. is on stable ground and the future is optimistic. In this edition of the Pulse Report, there is the first ever SFIA (for
Johnson Health Tech’s Q3 Sales Increase by 8.7 Percent
Johnson Health Tech, Inc., manufacturer of Matrix Fitness, Vision Fitness, AFG, Horizon Fitness and the Livestrong line of fitness equipment, announced its Q3 results ending September 30, 2012, revealing a 8.7 percent growth in global sales over the corr
Dick’s SG Q3 Beats Guidance on 5.1 Percent Comp Gain
Dick's Sporting Goods, Inc.'s third-quarter profits grew 20.9 percent, to $50.1 million, or 40 cents per share, exceeding guidance provided in mid-August calling for 36 cents a share. Sales increased by 11.2 percent to $1.3 billion due to a 5.1
Vans Sells Helmet Maker Pro-Tec to Dye Precision Inc.
Vans, Inc. and VF Outdoor, Inc., wholly-owned subsidiaries of VF Corporation, have signed a definitive agreement to sell the Pro-tec action sports protective gear brand to Dye Precision Inc. The transaction is expected to be completed during the fourth qu
