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SGB UPDATE

SGB UPDATE is the only continuously updated source for news for the Sporting Goods, Athletic Footwear, and Athletic Apparel markets.  This archive area is updated by our editorial team throughout the day as news breaks in the industry.  The SGB UPDATE newsletter is delivered each business morning via e-mail in either TEXT or HTML format.

Click any of the archive tabs above for more news by category of interest.

All BASIC subscribers can access posted articles free for seven days from publish date.  Once archived, articles can only be accessed with a PREMIUM or an EXECUTIVE subscription.

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The Latest News...

Ocean Carriers Retreat on Port Congrestion Surcharges in Wake of Fed Scrutiny
Container cargo companies quickly suspended so-called "port congestion" surcharges they had tied to a work slow down by dock workers at West Coast ports after a raft of complaints by shippers prompted scrutiny by the Federal Maritime Commission...(11/20/2014)

Jay Leno Cancels SHOT Show Performance
The National Shooting Sports Foundation (NSSF) in a statement said it was "clearly disappointed" that Jay Leno has cancelled his performance at the upcoming SHOT show in Vegas. On Tuesday, several gun violence-prevention groups called on the comedian to cancel his appearance partly because the NSSF's headquarters are based in Newtown, CT... (11/20/2014)

Nike Launches Its First Store Devoted to Women
Nike opened its first store dedicated to women. The 6,000-plus square-foot location in the in the Fashion Island lifestyle center in Newport Beach, CA also features an in-store studio for group or personal fitness training sessions the first in a U.S. Nike retail location. Other women's locations are planned for Pasadena and China...(11/20/2014)

Prodeco Technologies Agrees to Acquisition by Minority Shareholder
Prodeco Technologies LLC, a Florida e-bike manufacturer, has agreed to be acquired by PayMeOn Inc in an all-stock transaction, according to PayMeOn. In a press release issued Thursday, PayMeOn said it would use 53.4 million of its shares to pay for the 80 percent of ProdecoTech it does not already own. Upon closing of the transaction, ProdecoTech founder Robert Provost will be appointed co-CEO of PayMeOn and will remain CEO of ProdecoTech, while his co-founders Daniel Del Aguila and James Aversa will...(11/20/2014)

American Rec Names Director of Field Sales for Kelty and SJK
American Rec of Boulder, CO has hired Steve Randall as the director of field sales for its Kelty and SJK brands...(11/20/2014)

Cocona Claims Sheex's Lawsuit Without Merit
Responding to Sheex Inc.'s patent infringement lawsuit, Cocona Inc., the maker of 37.5 technology, said it "can state in unequivocal terms that the lawsuit is wholly without merit, and we do not believe that Cocona has infringed on these patents."...(11/20/2014)

Deckers Brands Appoints SVP, EMEA
Deckers Brands appointed Sergio Azzolari to the role of senior vice president, EMEA, starting on Feb. 2, 2015. He had worked for Luxottica Group... (11/20/2014)

Icebreaker to Open Store in Calgary
Icebreaker announced the launch of its newest retail “TouchLab” in Calgary’s Chinook Center, one of North America’s highest-performing shopping destinations. Icebreaker now has 13 North American stores...(11/20/2014)



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