SGB Update Sportsmans

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

Puma AG Sees U.S. Region Lead Decliners in Q3

Puma AG consolidated sales in the third quarter decreased by 6.3% currency-neutral, or by 5.5% in euro terms, to €673.4 million ($962 mm). Third quarter gross margin decreased from 53.6% of sales in Q3 last year to 51.9% of sales this year. Net ea

Berkshire Apparel Unit Sees Declines

Berkshire Hathaway reported sales in its Other Manufacturing segment, which includes Fruit of the Loom, Russell and Brooks Sports, slid 12.9% to $3.24 billion from $3.72 billion. Pre-tax earnings of the segment were $293 million, a decrease of $185 milli

Adidas Group Positive While Posting Q3 Declines

The adidas Group reported that top-line revenues trends had not changed materially since its fist half report, but the company, which also owns the Reebok, CCM-Reebok, Rockport and Taylormade brands in addition to the namesake adidas brand, produced a &#8

CIT Group Files for Bankruptcy Protection

CIT Group Inc., the commercial lender and the leading factoring company in the U.S., filed for bankruptcy in an effort to cut $10 billion in debt following a failed debt exchange and U.S. taxpayer bailout. CIT’s factoring subsidiary, CIT Trade Finan

Golf Datatech: Sept. Rounds Up 4.2%; YTD Up 0.5%

According to a report from Golf Datatech, golf rounds played in the US in September were up 4.1% compared to September 2008 and up 0.5% for the year to date period. Public courses reported rounds-played increases of 4.6% and 0.8% for the month and YTD, re

Big 5 Third Quarter Profits Soar on Lower Costs and Rising Sales

Big 5 Sporting Goods' Q3 earnings surged 77.8% due to a combination of improving sales, slightly better merchandising margins and lower expenses. The 1.6% comp decline represented its second straight quarterly gain and its strongest comp since the Q4

Amazon Closes Zappos Acquisition

Amazon.com, Inc. completed its acquisition of Zappos.com. Thanks to an increase in Amazon's stock price, Amazon will pay $1.2 billion, or $117.40 a share, for the business, up from $928 million when the deal was first announced on July 22. As expect