Sports, Inc. Industry Grants Total $430,000
Since 1997, Sports, Inc. has invested $430,000 through its membership across the United States to fund sports related facilities and programs. The funding program, which is called the “Sporting Chance Award”, is given each year to two the Sports, Inc. me
Zumiez Q1 Comps Drops 15.3% with 2.4% Slide in Net Sales
Zumiez Inc. said total net sales for the first quarter ended May 2, 2009 decreased 2.4% to $76.8 million from $78.7 million reported in the first quarter ended May 3, 2008. The company posted a net loss for the quarter of $1.7 million or 6 cents per dilut
Backcountry.com Launches Two Cycling Websites
Backcountry.com officially launched their two new bike stores:
HuckNRoll.com, dedicated to mountain bikers, and RealCyclist.com, the world's first exclusive road cycling shop online. These new stores join Backcountry.com's other cycling focused
VF Corp.’s CEO Talks Up Possible Acquisitions
Eric Wiseman, VF Corp's CEO, said in published reports the company is in “active discussions” on possible acquisitions to expand its outdoor and action sports coalitions. Wiseman said, “There are lots of really interesting discussions about brands th
2009 PGA Fall Expo Promises to Reduce Costs, Adds Efficiencies
Lower participation costs for both exhibitors and buyers; increased exhibitor efficiencies; and an entirely new approach to a buyer-centered show floor are the primary initiatives launching at the 2009 PGA Fall Expo, Sept. 1-2, at the Mandalay Bay Convent
Cabela’s Store Opens in Billings
Cabela’s Incorporated reported that a crowd estimated at 3,500 was on hand for the ribbon-cutting and grand opening of the Cabela’s store in Billings on May 14. The ceremony kicked off 18 days of Grand Opening events at the new 80,000-square-foot supersto
Bike Industry Wins Two-Year Stay on Lead Law
The Consumer Product Safety Commission last week denied the bike industry’s petition to exclude children’s bikes from a strict new lead law but granted a two-year stay of enforcement, giving manufactures a bit of breathing room to figure out how to best c
Shimano Inc. Reduces Full Year Outlook after Q1 Sales Decline
Shimano, Inc. reported that revenues for the first quarter declined in double-digits, but net income improved thanks to a boost in non-operating income and lower taxes. Net revenues fell 18.9% to ¥45.1 billion ($483 mm) for the period ended March 31, com
Forzani Responds to Dissident Proxy Announcement
The Forzani Group Ltd. is recommending that shareholders oppose plans announced last week by Crescendo Partners, a New York-based hedge fund, to nominate its own slate of directors for election to FGL's board of directors after the firm accumulated o
Nordica USA President Knittle Retires
Nordica USA President Andy Knittle has retired. Knittle has worked for Nordica for 30 years, the last 10 of which were in the leadership position for Nordica in the USA. Willy Booker has been named to the position of General Manager in conjunction with Kn
FIFA/Kappa Licensee Establishes Offices in New York and L.A.
Total Apparel Group, Inc., which was recently selected as the official U.S. Master Distributor of FIFA and FIFA World Cup licensed product, has opened new locations in New York and Los Angeles. In an effort to manage the sales and marketing requirements f
WTU Support of 4-H Shooting Sports Exceeds $100,000
For nearly two decades Whitetails Unlimited has been financially supporting the 4-H Shooting Sports, and this year they are once again providing a donation to support their 2009 National/Regional Instructor Training Workshop. This year's workshop was
Billabong Again Cuts FY09 Estimates on U.S. Weakness
Billabong International Ltd. now expects report full year net profit after tax in the range of A$160 million to A$165 million (U.S. $122.5-123.5mm) for the 12 months ending June 30, down from A$176.4 million (U.S. $135.1mm) a year ago. The surf giant said
Dunham’s Ken Meehan Joins NSGA’s Board
Ken Meehan, executive vice president of Dunham’s Sports, has been elected to a three-year term on the National Sporting Goods Association (NSGA) Board of Directors, filling a vacancy created by the retirement from the Board by Curt Munson, president of Pl
Dick’s SG Renews Champions Tour Event
Dick's Sporting Goods has renewed as title sponsor of the Dick's Sporting Goods Open through 2012 on the Champions Tour. This year's event is scheduled for June 26-28 at En-Joie Golf Course in Endicott, N.Y. The tournament has generated ove
