SGB Update Sportsmans

CIT Secures $4.5 Billion Credit Facility

CIT Group Inc obtained $4.5 billion of additional financing from its creditors as it seeks to complete a debt exchange. The new financing, which adds to a $3 billion loan arranged in July, is being provided by a group of lenders including some of CIT&#039

Marker Völkl USA Collaborates with Gibson Guitar

Marker Völkl USA, distributor of Völkl skis and Marker bindings, has partnered with Gibson Guitar Corporation to produce a series of unique electric guitars.Marker and Völkl themed guitars will be produced in Gibson`s Custom Shop in Nashville, Tenness

Amer Sports Q3 Net Falls on Weaker Wilson, Precor Sales

Amer Sports reported that net sales for the third quarter declined 5.2% to €410.6 million ($587 mm) from €433.2 million ($653 mm) in the year-ago quarter. Currency-neutral sales declined 6% for the period. Total Amer Sports gross margins decl

Big Rock Sports Opens East Coast Distribution Center

Big Rock Sports opened the doors of their newly completed 310,000 square foot warehouse in Hamlet, NC on October 21st. Over 150 people gathered to celebrate the official grand opening of the Henry’s Distribution Center, which has been operational in

KARHU Extends European Distribution

KARHU, Finland's running brand announced that it is expanding in Europe. On the heels of launching award-winning Fulcrum footwear in N. America in 2009, KARHU will soon be available in the Finnish, German, Austrian and Italian markets in Spring 2010.

Iconix Acquires Controlling Stake in Ecko

Iconix Brand Group, Inc. signed a definitive agreement to acquire a controlling interest in the Ecko portfolio of brands, which represents over $1 billion of annual global retail sales. The Ecko portfolio includes Ecko Unlimited, Marc Ecko, the Rhino logo

Benchmade Hires New Director of Manufacturing

Benchmade Knife Company has hired Dave Winterling as the new Director of Manufacturing. He will be responsible for all manufacturing operations at the Oregon City plant…

SCARPA Hires Bragg and Co. as N.E. Sales Agency

SCARPA (Società Calzaturiera Asolana Riunita Pedemontana Anonima) North America added new sales representation in the Northeast territory. Bragg & Company will represent the SCARPA brand in Maine, New Hampshire, Vermont, Massachusetts, Connecticut and Rho

Cabela’s Announces Plans for Grand Junction, CO Store

Cabela’s Incorporated and Macerich said it plans to bring Cabela’s retail stores to Grand Junction, CO., and the surrounding area. Cabela’s expects to open the Grand Junction store in early summer of 2010. The 75,000-square-foot store wi

Acushnet Q3 Sales Slide 9.5%

The Acushnet Co, the division of Fortune Brands that includes the Cobra, Titleist and FootJoy golf brands, saw third quarter revenue decline 9.5% to $278.6 million from $307.9 million in the year-ago period. Sales in constant currencies were down 7% for

Remington Parent to Float an IPO

Cerberus Capital is planning an initial public offering of stock in its Freedom Group, Inc. business, which manufactures and markets firearms under the Remington, Marlin, Bushmaster, DPMS, H&R, L.C. Smith, Parker, Dakota Arms, Miller Arms, and Nesika bran

Amer Sports’ Rights Offering Oversubscribed

According to preliminary calculations, a total of approximately 72.1 million shares were applied to be subscribed for in Amer Sports rights offering. Compared to a total of approximately 48.5 million shares offered, this represents a total subscription le