Gildan’s Fiscal Q2 Net Plummets on Lower Sales, Weaker Margins
Gildan Activewear Inc. reported that net earnings for the company’s fiscal second quarter fell more than 83% to $7.1 million, or 6 cents per diluted share, for the period ended April 5, compared with net earnings of $42.1 million, or 35 cents per diluted
GoLite Promotes Team Members, Hires New Sales Agencies
GoLite has promoted three key team members: Andy Burgess, formerly VP of Product, is now SVP of Product, Sales and Marketing, creating a strong cohesive synergy between the different business units. Mark Flanagan, formerly European General Manager, is now
Bushnell to Acquire C’eb’e Eyewear Brand
MidOcean Partners, a middle market private equity firm, and Bushnell Outdoor Products said that Bushnell has acquired the C'eb'e eyewear brand from Marcolin S.p.A., which listed on the Milan Stock Exchange. The terms of the purchase agreement we
Sports Supply Sees Fiscal Q3 Profits Rise Despite Sales Dip
Sport Supply Group, Inc. reported that sales dipped 3.1% to $63.8 million in the third quarter ended March 31 from $65.8 million in the year-ago period. Gross margin contracted a bit to 35.4% of sales, down 120 basis points from the prior year period. Ea
RECALL: Dahon/REI Novara Folding Bicycles
About 11,500 Dahon and REI Novara folding bicycles have been recalled because the hinge on the handlepost can crack, posing a fall hazard. There have been 25 reports of the bicycle's handlepost hinge cracking, including one minor injury involving scr
SGMA: Lacrosse Participation Grows Over 100% Since 2000
According to the Sporting Goods Manufacturers Association’s (SGMA) 2009 Lacrosse Single Sport Report, lacrosse remains one of the 'hottest' sports to play in the U.S. Figures indicate lacrosse has grown by nearly 80,000 participants per year sin
Golfsmith Narrows Q1 Loss Despite Comps Decline
Golfsmith International managed to narrow its losses in the first quarter, but top-line sales and comp store sales suffered from a significant drop in ticket prices as the consumer continues to scale back discretionary purchases in response to the economy
Yamaha Sponsors 2009 National Hunting and Fishing Day
Yamaha Motor Corp., U.S.A. announced its support of outdoor sports and conservation by sponsoring the 2009 National Hunting and Fishing (NHF) Day. As part of the partnership, Yamaha has donated an all-new 2009 Grizzly 550 FI ATV with Electric Power Steeri
Weather, Holiday Drives Comps to Slight Growth in April; Discounters Thrive
Following a somewhat respectable March that saw several retailers raise guidance for the quarter, same-store sales for April saw the largest monthly gain since August on strength provided by several key factors. Tax rebates, warm weather, and the Easter h
Gaiam Posts Q1 Loss on Lower Sales
Gaiam, Inc. revenue for the first quarter ended March 31 decreased 14.2% to $55.9 million from $65.2 million recorded in the same period last year. The reduction in sales was primarily due to a decrease in consumer spending, closure of businesses and repo
Dorel Sees Rec/Leisure Division Q1 Profits Slide on Mass Declines
Dorel Industries Inc. revenues in its Recreational/Leisure division rose 14.9% to $161.4 million from $140.5 million in the year-ago period. Operating earnings declined 32.6% to $10.0 million from $14.8 million a year ago…
Study: High School Athletes Face Serious Concussion Risks
According to a study from the Center for Injury Research and Policy at Nationwide Children's Hospital in Columbus, Ohio, 40.5% of high school athletes who suffer concussions return to action prematurely and set themselves up for more severe injuries.
Georgia DNR Announces Changes To State WMA Program
The Department of Natural Resources’ Wildlife Resources Division today announced that beginning July 1, there will be three less wildlife management areas (WMA) in the state’s program and one WMA will be reduced in size…
Umarex Hires Out Of Bounds For Creative
Umarex USA, a supplier of sporting air guns and high quality small bore firearms, has announced the naming of Out of Bounds Creative as the agency of record for Umarex USA's firearm lines. Out of Bounds is an Ogden, UT-based advertising agency specia
More Than 100 Safari Club Members Visit Capitol Hill
Over 100 Safari Club International (SCI) members met with Members of Congress on the Hill last week in conjunction with SCI's annual May Board meeting in Washington, DC.
