SGB Update Sportsmans

TAG Sold to Lansing Sports’ Philip Rosati

Team Athletic Goods (TAG), the buying group, has been sold to Philip Rosati Sr. of Lansing Sports Shop in Lansing, IL. Rosati, whose family has run the team dealer and retail store in since 1954, will become TAG's CEO…

Sport Chalet Narrows Q3 Loss on 8.9% Sales Decline

Sport Chalet, Inc. reported sales for the third quarter decreased 8.9% to $95.3 million for the third quarter of fiscal 2010 from $104.6 million for the third quarter of fiscal 2009…

Sport Supply Q2 Sales Increase 4.4%

Sport Supply Group reported that sales increased 4.4% for its second fiscal quarter ended December 31, 2009 to $55.5 million from $53.1 million in the same year-ago period. Margins also increased 90 basis points to a 36.1% level, up from 35.2% a year ago.

Costco Names President

Costco Wholesale Corp. named Craig Jelinek president and chief operating officer, effectively immediately. Jelinek, who will join the board, was previously executive vice president in charge of merchandising, a position he held since 2004…

Sideout Gains Girls Licensee

Cherokee Inc. has entered into an exclusive agreement in the U.S. with Evy of California for Girl's 0-16 sportswear for its Sideout brand…

Footbalance Gains Euro 7M Equity Investment

Scope Growth II L.P, a Swedish private equity firm, has invested €7 million ($9.8M) to become a large shareholder in the Finnish company Footbalance System Ltd. The investment enables Footbalance to build on its custom insole concept already availab

McDavid Sponsors U.S. Snowboarder

McDavid, Inc. inked an endorsement deal with Nick Baumgartner, who will represent the US in Vancouver for the winter games later this month. Baumgartner will wear McDavid’s newest line of HexPad protective apparel during the games, which kick off o

Stein Mart Names Chief Merchant

Brian R. Morrow has been appointed executive vice president and chief merchandising officer of Stein Mart, Inc.. Morrow has more than 25 years of merchandise leadership, most recently as senior vice president and general merchandising manager at Macy&#039

Snow Sports Coalition Addresses Congress on Climate Change

Jeremy Jones, eight-time Big Mountain Snowboarder of the Year, along with a coalition of winter sport filmmakers and industry representatives, appeared before lawmakers on Capitol Hill to discuss the economic, social and intangible values of winter sports