SGB Update Sportsmans
Adams Golf Settles Stockholder Class Action Litigation
Adams Golf has agreed to settle and resolve a stockholder class action lawsuit initially filed in June 1999 against Adams Golf, certain of its current and former officers and directors, and the three underwriters in Adams Golf's July 1998 initial pub
Former Mission-Itech Hockey CEO to Head LPGA
Michael Whan, most recently CEO of Mission-Itech Hockey, has become the new commissioner of the LPGA (Ladies Professional Golf Association). Mission-Itech was acquired by Bauer Hockey in September 2008…
LaCrosse Sees Military Lift in Q3
Congruent with a second quarter that saw strong military sales drive record margins, LaCrosse Footwear reported more of the same for third quarter, as the military business boosted the company’s Work business enough to compensate revenues lost from
Cabela’s Sees Guns and Ammo Gains Moderating
Cabela’s Inc. reported a better-than-expected profit for the third quarter, but issued guidance that indicated the fourth quarter would be softer than analysts originally estimated…
Ruger Sees New Products, Continued Demand Boost Third Quarter Results
Sturm, Ruger and Company, Inc. said the third quarter of 2009 was boosted by a continued consumer demand in firearms and subsequential unit sell-through that spiked 50% over last year’s third quarter…
HBI Q3 Sales Down, but Champion Sees Gains
Hanesbrands Inc., the parent of Champion, reported sales declined 8% $1.06 billion in the third quarter. But the company said significant net retail shelf-space and distribution gains are expected to drive approximately 5% sales growth in 2010…
Michael Crooke Exits prAna
Michael Crooke has stepped down as CEO of prAna Living, LLC. Co-founder Beaver Theodosakis will re-assume the position of CEO but expects to announce a search for a new CEO sometime in 2010. Scott Kerslake, the founder of Athleta who was brought in by Cro
VF Corp. Sees Strong Vans and TNF Business in Third Quarter
VF Corp. is beginning to see some green shoots in the economy and management is expecting a relatively stronger Q4 with improving holiday sales. However, unemployment still remains a concern and management feels that the consumer retail environment will r
GearGuard Sports Partners with RainMaker$
GearGuard Sports LLC, the makers of the finest in baseball equipment bags, has enlisted the licensing expertise of RainMaker$ LLC to assist with its NO ERRORS brand…
Under Armour and IMG Form Partnership Around Measurement System
Under Armour and IMG Worldwide, announced an exclusive partnership highlighted by the development of a unique comprehensive athletic training platform that will establish a global measurement standard for improved sports performance, health and fitness ca
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 $117.4 a share, for the business, up from $928 million when the deal was first announced…
GoLite Footwear And UNH Outdoor Adventures Form Partnership
GoLite Footwear formed a partnership with the University of New Hampshire Outdoor Adventures program to provide GoLite Footwear shoes to student staff members, providing valuable feedback, real-life wear testing and brand exposure within an increasingly p
Diadora Licenses Soccer in the U.S.
Golden Viking Sports, an entity owned and headed by Diadora America President William Nuttall, has entered into a license agreement for the U.S. market for the Diadora brand. The new license follows the sale of Italy-based Diadora S.p.A. to Italian holdin
West Marine Sees Fiscal Q3 Comps Decline 4.3%
West Marine, Inc. reported net revenues decreased 6.7% to $168.2 million for its 2009 fiscal third quarter ended October 3. Comparable store sales decreased 4.3% from last year…
Sport Chek Launches Full-Scale E-Commerce Site for Canada
Sport Chek will launch a newly designed e-commerce website. Sport Chek customers across Canada can now access thousands of styles around the clock through an additional on-line sales channel…
