SGB Update Sportsmans

JJB Sports Seeks Funding, Appoints Bob Corliss As Chairman

JJB Sports Plc, the UK sporting goods chain, revealed that it is seeking further funding, just three months after receiving a £30 million (U.S. $47m) cash injection in April. The funding search comes as results have deteriorated in recent months. The comp

Mountainsmith Names Sales and Marketing Coordinator

Mountainsmith hired Jeremy Dodge as sales and marketing coordinator to maintain its website, expand direct marketing, manage sponsorships, assisting new dealers and following up on new distribution channels…

Retailers See Bright Back-To-School Sales

According to NRF's 2012 Back-to-School spending survey conducted by BIGinsight, the average person with children in grades K-12 will spend $688.62 on their children, up from $603.63 last year. Parents estimate they will spend an average of $246.10 on

SGMA To Launch Industry Leaders Summit in September 2013

The Sporting Goods Manufacturers Association (SGMA) Industry Leaders Summit will feature sessions ranging from managing geo-political risk, emerging market analysis and the future of sourcing to forecasting the merger and acquisition environment and the c

Meade Instruments Losses Widen on Missed Telescope Shipments

Meade Instruments Corp. reported its losses quadrupled to $800,000, or 65 cents per share on slightly lower sales in the first quarter ended May 31, as it missed shipments of new telescopes. The designer and manufacturer of consumer optical products, incl

Puma’s Earnings Expected to Decline in First Half

Puma lowered its earnings forecast for 2012 after profits in the first six months fell as a result of slowing sales in Europe. The company said that “despite continuous sales growth throughout the first half of 2012,” consolidated pre-tax and net earnings

Big Rock Sports Appoints Canadian Merchandising Chief

Big Rock Sports has hired Mark Harrison as director of merchandising for Canada. Harrison has spent his career with Canadian Tire Corporation, with the last six years in the Outdoor Recreation Category…

Adidas to Close Only China Factory

Adidas AG has decided to close its only apparel factory in China as part of its plan to reconsolidate its global resources. The factory in China's coastal city of Suzhou will be closed at the end of October, the company told Reuters…

LaCrosse Footwear Receives $29 Million Order for Marine Corps

LaCrosse Footwear, Inc. has received a new $29 million delivery order for the United States Marine Corps for Danner’s USMC Rugged All-Terrain (RAT) Hot weather and Temperate boots. The company anticipates fulfilling this order in multiple deliveries

Road Warrior Sports Offers Rep Discount on Sport Trailer

Road Warrior Sports, maker of a lightweight, aerodynamic sport trailer, announced today the creation of a new rep pricing program to offer outdoor and cycling industry sales reps a convenient, economical solution to transporting their gear.

Samsonite Agrees to Buy High Sierra for $110 Million

Samsonite International S.A. , the world's largest luggage maker, reached an agreement to acquire all the assets of High Sierra Sport Company for $110 million cash. In a filing to the Hong Kong bourse, Samsonite said the acquisition would help enlarg