SGB Update Sportsmans
VF Corp. Rolls Out Five-Year Growth Plans
VF Corp. on Monday unveiled new five-year financial targets with a goal of adding $5 billion in revenues and $5 in earnings per share growth from 2010 levels. Not surprisingly, its Outdoor & Action Sports coalition is expected to fuel that expansion…
Zimmerman Resigns from Legacy
Andy Zimmerman, who resigned as CEO of Legacy Paddlesports last week, said he has retained his stake in the company and will not compete against it…
Amer Sports to Double Ski Production in Bulgaria
Amer Sports plans to invest BGN7.8 million, or $5.5 million at current exchange rates, to expand its Pamporovo ski factory in the Bulgarian mountain resort of Chepelare over the next three years. When completed, the project will double the factory’s
Dick’s SG Reports Strong Fourth Quarter on Strong Comp Store Sales Growth
Dick's Sporting Goods Inc. posted a bigger-than-expected quarterly profit and forecast a strong year ahead as it saw margins swell and online sales rise during the holiday quarter. Footwear and apparel strength drove an overall comp increase of 9.4%.
Rocky Brands Names New Presidents
Rocky Brands has completed its management restructuring, naming three new presidents to oversee key aspects of the company, announced David Sharp, president and COO. The newly created positions include Gary Adam, president of International Sales; Jason Br
January Golf Rounds Climb
According to Gold Datatech, golf rounds played for the U.S. were up 7.4% January 2011 compared to January 2010. Public access play was up 7.7% for the month and private course activity was up 6.6%…
Keds Launches New Mobile Campaign
Keds unveiled its new “How Do You Do?” (HDYD) road trip tour. The tour features a Keds mobile shoe box that will do a cross-country journey to college campuses across the United States aiming to inspire students to create, collaborate and contribute withi
Bauer Performance Sports Completes IPO on Toronto Stock Exchange
Bauer Performance Sports Ltd. has closed its initial public offering (IPO) of 10 million common shares priced at $7.50 per share for gross proceeds of $75 million. The net proceeds, along with certain share consideration, will be used to acquire 100% of
CPSC Launches Public Database of Product Complaints
Under the Consumer Product Safety Improvement Act (CPSIA), which became law in August of 2008, the Consumer Product Safety Commission (CPSC) was required to create a public database to catalogue consumer complaints on products. On March 11, the CPSC open
City Sports Launching New Private Label
City Sports is launching a premium collection of private label running and training apparel, called CS Designed by City Sports, according to The Boston Herald…
Colorado Proposes Merging Wildlife and Parks Divisions
Gov. John Hickenlooper and four Colorado legislators from both parties proposed combining the Colorado Division of Wildlife and Division of Parks and Outdoor Recreation into a new division. The reorganization, which would eliminate 25 positions, aims to s
Vibram Debuts Making-Of Bikila Microsite
Vibram FiveFingers has launched a Youtube video detailing the making of its controversial barefoot running microsite in honor of their first revolutionary running model, the Bikila. At www.youarethetechnology.com, two fit athletes sport nothing but Vibram
Airwalk Signs Skateboard Icon Mike Vallely
Colorado-based youth lifestyle brand Airwalk announced the return of skateboarding legend Mike Vallely (Mike V.) to the brand's team roster. He originally rode for Airwalk in 1988 and returns to the family more than 20 years later…
Heelys’ Loss Widens in the Fourth Quarter
Heelys reported fourth-quarter revenues dropped 41.2% to $6.7 million. Domestic sales fell 38.5% to $3.2 million from $5.2 million as a result of lower brick and mortar retail placement from the prior year. The company reported a net loss of $3.2 million,
Rocky Brands Undergoes Management Reorganization
Rocky Brands has completed its management restructuring, naming three new presidents to oversee key aspects of the company, announced David Sharp, president and COO. The newly created positions include Gary Adam, president of International Sales; Jason Br
