SGB Update Sportsmans
Adidas to Make Euro 1 Sneakers
Adidas has reached an agreement to make €1 sneakers for millions of people around the world who cannot afford to buy shoes, with pilot production to begin next year in Bangladesh. The move, according to the Daily Telegraph, was inspired by Banglades
Study Questions Wii Fit Benefits
The American Council on Exercise (ACE) released the results of a study questioning the benefits of Nintendo’s Wii Fit. Researchers found the energy expended from Wii Fit exercises fell below physical activity guidelines set by the American College o
Diadora Introduces Eco-Friendly Soccer Uniforms
Golden Viking Sports, LLC, the exclusive U.S. licensee of Diadora soccer footwear, apparel and accessories, introduced Diadora Terra Verde, an environmentally friendly soccer apparel collection made from post-consumer recycled P.E.T. It is the first eco-f
Industry Execs Provide Outlook for Year Ahead
While it appears that the U.S. downturn may be bottoming out and the recession declared “over,” the sporting goods industry isn't looking for strong recovery in 2010. Despite some healthier sales over the back-to-school season and early c
Head NV Sees Weakness in Winter Sports in Q3 while Margins and Profits Improve
Head N.V. continues to see weakness in its Winter Sports division despite a strong start to the winter season throughout much of North America and the Alps. The company reported net revenues were down 1.0% to €92.2 million ($132 mm) for the three mo
Orange 21’s Q3 Sales Fall 27%; Swings to Loss
Orange 21 Inc. reported that consolidated net sales for the three months ended Sept. 30, 2009 were $8.8 million compared to net sales of $12.0 million a year ago. The company incurred a net loss of $1.1 million for the quarter compared to net income of $6
BoatU.S. Names Three to Advisory Council
Boat Owners Association of The United States (BoatU.S.) has made three key appointments to its National Advisory Council. They include Lenora Clark, Anne Sacks and Col. Terry West. Clark is vice chair, California Boating and Waterways Commission and Sacks
ATF Issues Ruling Regarding Manufacturing Done For Other Manufacturers
The Bureau of Alcohol, Tobacco, Firearms and Explosives has released a new ruling authorizing manufacturer performing a manufacturing process on a firearm for, or on behalf of another manufacturer, not to place their identifying markings on each firearm..
Kohl’s Net Jumps 21% on Robust Sales
Kohl’s Corporation reported net income for the third quarter ended October 31, 2009 increased 21% to $193 million, or 63 cents per diluted share, compared to $160 million, or 52 cents per diluted share, a year ago. Net sales were $4.1 billion, an in
Billman Joines Dead Down Wind as Director of Sales
Dead Down Wind, an industry leader in scent prevention, has announced the addition of David Billman as Director of Sales. David will report to Dead Down Wind General Manager Gary Reed, and will be responsible for all national accounts, as well as the day
Rapala Becomes Official FLW Outdoor Sponsor
FLW Outdoors, a tournament fishing organization, said Rapala will become an official sponsor of FLW Outdoors in 2010. Terms of the agreement were not disclosed…
DU Cautions Loss of Capacity in Prairie Pothole
Ducks Unlimited cautions that the Duck Factory is on the verge of losing even more of its capacity. According to the United States Department of Agriculture, Conservation Reserve Program contracts on more than 500,000 acres expired and were not renewed in
Nordstrom Profit rises 17%, Raises Outlook
Nordstrom, Inc. reported earnings rose 16.9% to $83 million, or 38 cents a share, for the third quarter ended Oct. 31 from $71 million, or 33 cents, a year ago. Same-store sales decreased 1.2%…
Dick’s SG Names Chief Accounting Officer
Dick's Sporting Goods, Inc. said in a Securities & Exchange Commission filing that effective Nov. 8, Joseph R. Oliver assumed the title of SVP, chief accounting officer and controller. Prior to this appointment, Oliver had been employed by the compan
Charles River Apparel Supports Wellness Warriors
Charles River Apparel was the official apparel sponsor of the Wellness Warriors, a paddling support group for men and women of all ages diagnosed with cancer. The apparel manufacturer provides operational support for the team, including the donation of of
