SGB Update Sportsmans

Outdoor Industry Association Announces New Board Members

While the vast majority of the outdoor business world was focused on the Outdoor Retailer Summer Market, 12 new members joined the Outdoor Industry Association Board of Directors this past week. Of the 12, five board members were elected by OIA members a

CIT Group Secures $3 Billion Credit Facility

CIT Group Inc., the provider of financing to small businesses and middle market companies, entered into a $3 billion loan facility provided by a group of the company’s major bondholders. CIT further announced that it intends to commence a comprehensive re

New Paddlesports Show Creates Dust Up at Summer Market

On day two of Outdoor Retailer Summer Market, Jim Marsh, the publisher of Canoe and Kayak magazine, announced his company would be launching an independent outdoor and paddlesports tradeshow to be held in Minneapolis in early September of 2010. This anno

Bobby Grace Back to Making Putters

One year after his exit from MacGregor Golf, putter-designer Bobby Grace is back in the business of making putters with the formation of The Bobby Grace Company…

Dick’s Sporting Goods Expanding in Oregon

The effort by Dick's Sporting Goods to expand its presence in the Northwest is moving rather rapidly, according to a number of published reports and former Joe’s Sports & Outdoors management attending the OR Summer Market. To date, DKS had only been

Foot Locker/Office Depot Partner Around BTS Promotion

Foot Locker and Office Depot launched a national promotion that provides discounts on school supplies from Office Depot and footwear and apparel from Foot Locker. From July 26 through September 5, customers who make a purchase at Foot Locker will receive

Acushnet Golf Profits Fall 36% on Double-Digit Sales Decline

Fortune Brands, Inc., the parent company behind the Cobra, Titleist and Footjoy brands, reported that net sales for the second quarter were $1.74 billion, down 17%, as the stability of the spirits business tempered double-digit sales declines for the comp

Kellwood Completes Bond Swap Offer

Kellwood Co., the owner of American Recreation Products, said Thursday it has completed a crucial bond exchange that had appeared to unravel earlier this month….

Black Diamond Remodels Salt Lake City Facility

Black Diamond Equipment Ltd., the maker of climbing and skiing equipment, said it completed a substantial 11,000-foot remodel of its Salt Lake City facility, which includes many energy-saving materials, a major ERP software system upgrade and custom hot f

Asics’ Sponsor Ryan Hall to Run NYC Marathon

ASICS athlete Ryan Hall has announced he will run the ING New York City Marathon, November 1. The event will represent its 40th year, and is considered one of only five of the “Major Marathons” in the world…

Performance Bicycle Cuts Jobs

Performance Bicycle cut staff earlier in the week, according to report in the Charlotte Observer. CEO Jim Thompson didn't reveal the amount of positions that were affected…

REI Expands Spring 2010 Lines

Recreational Equipment, Inc. announced its spring 2010 line of exclusive REI-brand gear and apparel, including new and revised product and apparel offerings designed for backcountry, backpacking, active and urban lifestyles…