SGB Update Sportsmans
Winmark Corporation Appoints New Director
Winmark Corporation has named Lawrence A. Barbetta to its board of directors. Barbetta is the chief executive officer of eLAB Analytics, a provider of cloud computing based industry-specific business intelligence applications…
Zumiez Delivers Double-Digit Comps in April
Zumiez Inc., the action sports chain, reported comparable store sales increased 10.1 percent for April on top of a comparable store sales increase of 17.5 percent in the year ago period…
Candian Tire Charity Launches $2M Fundraiser
Canadian Tire’s Jumpstart announced its One Million Red Balls campaign, which begins May 4 and culminates with the charity's fourth annual Jumpstart Day on May 26. The campaign aims to raise $2 million to help 20,000 children from low-income fa
Wolverine World Wide Acquires Collective Brands’ Performance + Lifestyle Group
Wolverine Worldwide has agreed to acquire Collective Brands' Performance + Lifestyle Group (PLG), which includes the wholesale and retail operations of the Sperry Top-Sider, Saucony, Stride Rite and Keds brands, for $1.23 billion. Investment firms Bl
Action Sports/Apparel Lawyer Joins SDSI Advisory Board
Bill Walton, Executive Chairman of SD Sport Innovators (SDSI), announced Jason Femrite to the SDSI Advisory Board. Jason is a partner in the Action Sports and Apparel Group of the San Diego-based law firm Procopio, Cory, Hargreaves & Savitch LLP…
Sears’s Q1 Comps Decline 1.3 Percent
In advance of its annual meeting of shareholders to be held on May 2, 2012, Sears Holdings Corporation announced its expected first quarter ended April 28. Sears' Domestic operates experienced an 1 percent comparable-store decline. Sears Domestic ach
Finish Line to Add More Than 300 New Jobs at Indianapolis Headquarters
The Indiana Economic Development Corporation, together with The Finish Line, Inc. announced the company's plans to expand its operations in Indianapolis, creating up to 327 new jobs by the end of 2015. The hirings will supports its omni-channel strat
Taurus Aquires Heritage Manufacturing
Taurus, the manufacturer of firearms, has acquired Heritage Manufacturing, Inc. of Opa Locka, FL, which produces the Western Single Action Revolver. Terms of the transaction are undisclosed…
Adidas Marketing Exec Sent to Prison in Fraud Scheme
Britney Obstar, a former marketing manager at Adidas, was sentenced today by United States District Judge Garr M King to serve one year and one day in prison for orchestrating a fraud scheme that resulted in a $336,000 loss to Adidas. Judge King also orde
Shimano’s Revenues and Profits Surge on Warm Q1 Weather
Shimano Inc. reported sales rose 22.7 percent in its first quarter ended March 31, to ¥62.5 billion ($756.3 mm) while net income vaulted 217.2 percent to ¥7.0 billion ($84.7 mm). Benefiting from a mild winter in the U.S. and Europe, both its cycling and f
Columbia Sportswear Fined for Mislabeling Pesticide-Treated Apparel
Columbia Sportswear Company had to relabel several shipments of pesticide-treated apparel and pay a $22,880 fine after being found in violation of federal pesticide rules, according to a settlement with the U.S. Environmental Protection Agency…
Leonard Armato Steps Down at Skechers
Leonard Armato is exiting from his role as president of Skechers Fitness Group. Michael Greenberg, president, Skechers USA Inc., told SportsOneSource that Amarto, who joined Skechers in 2010, will become chairman of Leverage Agency, a sports-marketing fi
Nike Executive Charged With Attempted Aggravated Murder
Nike executive James Speidel is accused of trying to blow up his Bethany, OR home in an attempt to kill his wife and four children. Speidel, 36, is charged with five counts each of attempted aggravated murder and first-degree attempted assault, along wit
RECALL: 3,000 Gerber Instant Knives
Gerber Legendary Blades of Portland, OR initiated a voluntary recall of about 3,000 Gerber Instant knives because the locking mechanism on the spring-assisted blade can fail to engage properly, causing the blade to fold during use, posing a laceration haz
LaCrosse Footwear’s Outdoor Group Sees Modest Gain
LaCrosse Footwear, Inc. reported a profit of $560,000, or 8 cents a share, in its first quarter, rebounding from a loss of $650,000, or 10 cents, a year ago. Revenues jumped 31.7 percent to $33.3 million, led by its work/military segment although its outd
