SGB Update Sportsmans

Fortune Brands Says Q1 Sales Exceeded Expectations

Fortune Brands, Inc. raised the low end of its 2010 earnings estimate Tuesday citing first-quarter results that are substantially higher than the year-ago quarter. The company said its home products and distilled spirits brands drove the growth, but that

Heely’s Outsources Sourcing in China

Heelys, Inc. entered into a new sourcing agreement with TGB, a subsidiary of Anthony L & S. The agreement will be effective on all orders beginning May 1, 2010 and allow Heelys to close their sourcing office in northern China…

Hincapie Sportswear Names New England Rep

Hincapie Sportswear has hired Larry Merling as retail sales representatives for the brand in Maine, Vermont, New Hampshire, Massachusetts, Connecticut and Rhode Island…

Shimano Sales Rise 11.4% in First Quarter

Shimano Inc.'s results for the first quarter indicate a quicker recovery in the bicycle business than the fishing business. The Japanese company's sales rose 11.4% to ¥50.2 billion ($553.7mm) in the first quarter ended March 31, 2010. However, w

Iconix 1Q Profit Rises 58%

Iconix Brand Group Inc. said first-quarter earnings rose 58%. The comapny also raised its outlook and announced it would acquire licensing rights to Snoopy, Charlie Brown and the rest of the “Peanuts” gang for $175 million in cash from E.W. Scripps Co…

IMBA Raises Nearly $600K in One Week for Advocacy

Just a week after launching the Public Lands Initative, the International Mountain Biking Association (IMBA) said companies have pledged $587,000 for the project. The money will be used to advocate for the industry through professional training sessions

Vasque to Sponsor Project America Runner

Vasque is honored to announce their sponsorship of Mike Eherdt, a veteran and retired US Postal worker from Driggs, ID, on his Project America Run. Eherdt is running 4522 miles, from coast to coast across the US, to honor fallen troops in Iraq and has sel

Delta Apparel Ups Guidance After More than Doubling Q3 Earnings

Delta Apparel, Inc. reported sales growth of 26.0% and a per share earnings increase of 143% for its third quarter ended March 27, 2010 compared to the prior year third quarter. The better-than-expected results prompted the maker of Soffe and other brands

VF Corp Buys Stake in Blacks Leisure

VF Corporation, the parent of The North Face and Vans, acquired a 5% stake in U.K. outdoor retailer Blacks Leisure in a move that seems to be designed to block any future bid by Sports Direct…

Edwin Watt’s Shops to Open in Sears

Sears Holdings Corp. signed an agreement with Edwin Watts Golf Shops LLC to operate 12 golf shops inside Sears stores. The shops, ranging from 2,700 to 3,000 square feet, will be located near Sears electronics, tools and sporting goods department…

Adidas Hikes Fiscal Year Guidance on Q1 Improvement

Adidas Group said its preliminary results for the first quarter showed a 4% gain in sales and significant improvement in profitability. The better-than-expected results prompted Adidas to lift its full-year profit outlook…

Lafuma’s America Business Sees Gains

The Lafuma Group America closed its first half of the fiscal year at the end of March and is seeing a 35% growth for the 09/10 fiscal year, according to its parent Lafuma Group. Particularly strong performances in the Fall/Winter '10 pre-season selli

Fausti Chooses Chevalier as Ad Agency of Record

Fausti, a maker of Italian shotguns, has announced Chevalier Advertising, Marketing, & Public Relations as its agency of record. Representatives for Fausti says Chevalier's experience in the outdoor markets, coupled with its relationships within the