SGB Update Sportsmans
Travel Spending Lagged GDP Growth in First Quarter
Real spending on travel and tourism lagged overall GDP growth in the first quarter, growing at an annual rate of 0.6 percent, following an increase of 2.6 percent (revised) in the fourth quarter of 2010. The slowdown reflected a downturn in both domestic
Dane Reynolds Joins the Vans Surf Team
Vans has added Dane Reynolds to the Vans Surf Team. The 26 year-old from Ventura, CA has made his mark on the ASP World Tour with Top Ten final rankings in both 2009 (10th) and 2010 (4th) – just his second and third years on tour, but Dane is much more th
Salzano Named President of Clarks North America
Jim Salzano has been appointed president of Clarks North America. He has been in the role on an interim basis since Bob Infantino stepped down in January…
Modell’s to Support Veteran’s Trek
Modell's will be part of a group of New York retailers to support an War veteran's question to walk across the country to raise money for military families…
Respect Your Universe Raises $2.9MM in Equity Financing
Respect Your Universe, the MMA apparel brand, has raised $2.97 million in equity financing. For the investment, RYU issued 4.96 million shares of restricted common stock and two year warrants to purchase another 4.96 million shares of restricted common st
Turfer Athletic Partners with Tim Thomas Hockey Camps
Turfer Athletic has signed on as the official provider of Tim Thomas Hockey Camps…
Congressional Women’s Softball Game Gains Industry Support
Four member companies of SGMA are supporting the Congressional Women's (Slow-Pitch) Softball Game with in-kind softball product donations. Mizuno has provided the jerseys; Diamond Sports has donated equipment bags; the catching gear has been suppli
Dick’s SG Board Member Resigns
David I. Fuente, former chairman and CEO of Office Depot, has resigned from the board of Dick's Sporting Goods, Inc., according to an SEC filing. Dick's SG said Fuente resigned to “pursue other interests.”…
Dick’s Sporting Goods Sees Academy Competition Less Formidable Outside Texas
Speaking at William Blair & Co.'s Growth Stock Conference last week, Dick's Sporting Goods Chairman and CEO Ed Stack said that Academy Sports may become a tougher competitor following its acquisition by KKR…
PPR S.A. Completes Tender Offer for Volcom
PPR S.A.announced that it has completed the tender offer made by its wholly owned subsidiary to purchase all outstanding common shares of Volcom for $24.50 per share in cash. The completion effectively gives the parent of Puma control of the action sports
Quiksilver to Telecast New York Surf Competition
Quiksilver and The Madison Square Garden Company announced an agreement for MSG Networks and Fuse Networks to be the official U.S. telecast partners for the 2011 Quiksilver Pro New York…
Spanish Court Strikes Down EUR 98M Award to Puma Licensee
A district court in Madrid has overturned a Spanish arbitration panel's ruling that Puma Ag pay its Spanish licensee EUR 98 million Euros, Puma announced…
FIFA to Donate $6M in Aid to Japanese Soccer
Soccer's world governing body FIFA has decided to donate about $6 million in aid to clubs and areas affected by the March 11 earthquake and tsunami…
Newton Running Hires Marketing Agency
Newton Running, based in Boulder, CO, signed an agreement to retain Breakaway, a Boston-based marketing firm on June 15. Breakaway is charged with developing a new marketing strategy, conducting a rebranding process and redesigning Newton Running's p
TandC Surf Raises $82K for Japan Relief Efforts
Through the sales of their “Malama Japan” T-shirts, T&C Surf Designs Hawaii raised $82,000 for the American Red Cross (ARC)– Japan Earthquake and Tsunami Relief Fund. That's a lot of T-shirts!…
