Ski Market Begins GOB Sales
Ski Market started going out of business sales on Saturday. In a bankruptcy auction in Boston held Feb. 5, Gordon Brothers Retail Partners LLC won the right to liquidate Ski Market's remaining seven stores…
Asics Corp Sees Double-Digit Sales Decline in Fiscal Q3; U.S. Up Single Digits
Asics Corporation posted an 11.0% decrease in revenues for the fiscal third quarter ended December 31. Total consolidated worldwide revenues were ¥164.3 billion ($1.83 bn), compared to ¥184.6 billion ($1.90 bn) in the year-ago quarter…
LaCrosse Footwear Sees Fourth Quarter Profits Double on Military, At-Once Orders
As was the case in the preceding reporting periods of 2009, LaCrosse Footwear continued to laud its military business as its primary growth driver for a fourth quarter that saw the company double its profits on revenues that surged more than 20%…
Chaos Names Sam Adams Rep of 2009
Chaos Headwear announced Sam Adams of Western States Sales Marketing, (WA, OR, UT, NV, MT) the “Rep of the Year Award…
Johnson Outdoors Cuts Q1 Loss on 1% Sales Gain
Johnson Outdoor Inc. cut its losses from continuing operations by more than a third in the first quarter ended Jan. 1 on a 1% rise in net sales due to favorable currency trends. The company said declining military sales drove down its Outdoor Gear sales b
China Protests EU Tariffs
China filed a complaint against European Union shoe tariffs at the World Trade Organization as Beijing continued its legal assault on what it says is unfair Western protectionism. Europe has grown increasingly concerned about China's balance of trade
Sport Chalet Collects Nearly 1MM Pairs of Shoes for Haiti Relief Effort
Soles4Souls, the shoe charity organization, said Sport Chalet has collected more than 950,000 pairs of shoes for Haiti Relief in two weeks since the program was launched. From January 14 through January 31, 2010, new and gently worn shoes were dropped off
Stein Mart’s January Comps Slide 2.5%
Stein Mart, Inc.'s January same-store sales slid 2.5%. Total sales were down 4.9% to $63.8 million from $67.1 million…
Bon-Ton’s January Comps Climb 5.3%
The Bon-Ton Stores, Inc. reported comparable store sales increased 5.3% for the four weeks ended Jan. 30, 2010. Total sales for the four weeks increased 4.7% to $180.1 million compared with $172.0 million for the prior year period…
Point6 Appoints Bill Post as President
Point6, the manufacturer of wool socks, plans to appoint Bill Post as its new president, effective March 1, 2010. Post most recently served as president and CEO of Nordica Apparel, and also served as president for Sport Obermeyer in Colorado…
Winchester Pledges Financial Support for the Congressional Sportmen’s Foundation
Winchester Ammunition recently committed $15,000 to help support the mission of the Congressional Sportsmen’s Foundation (CSF), which is committed to to providing a voice for all sportsmen and women in Congress to promote sportsmen’s issues wi
Unifi Returns to Profitability
Unifi Inc. earned $2.0 million, or 3 cents a share, in the second fiscal quarter ended Dec. 27, 2009, rebounding from a net loss of $9.1 million or 15 cents, for the prior year quarter. Net sales for the quarter increased $16.5 million or 13.1% to $142.3
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…
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