Cliff Keen Launches New Web Site
Cliff Keen Athletic has launched a new Web site for the 2009-10 scholastic calendar. The company said the new CliffKeen.com site is re-designed to better serve the company’s considerable stable of growing customers, universities, retailers, and club wres
Shimano Feels the Effects of Global Recession in First Half
Shimano Inc. reported that the impact of the global recession and the pressure to reduce inventories has caused its bicycle components business and fishing tackle business to suffer from lackluster sales for the first half of 2009 ended June 30. As a resu
Nautilus Q2 Sales Fall; Considers Strategic Alternatives for Commercial Business
Nautilus second quarter net sales fell 36.4% to $60.8 million, compared to net sales of $95.6 million for Q2 2008. On an operating basis, the retail and direct businesses were profitable while the commercial business recorded a loss. The company is consid
Sports Multiplied Names New Regional Reps for 2XU and BONT Cycling
Sports Multiplied, LLC, distributors of 2XU sports apparel and BONT cycling shoes, have recently appointed new sales reps in the Northern California and Colorado / Utah regions…
Cordura Launches Cordura Cares Program
Invista's Cordura brand team has unveiled a new sustainability platform: the Cordura Cares program. The program consists of three pillars: Sustainable Performance, Enduring Materials, and Corporate Responsibility. These pillars are anchored by the t
Adidas Group Sees Bottom in Second Quarter
Adidas Group saw declines in all segments of its business with the exception of TaylorMade-adidas Golf in the second quarter, but the increase in TMaG saw its improvement due to the inclusion of the Ashworth business this year. In sharp contrast to last
Field Logic Promotes Weinkauf to EVP and CMO
Field Logic, the maker of the Block, the GlenDel Buck and Rage expandable broadheads, has promoted Mike Weinkauf to the position of executive vice president and CMO, effective immediately…
Iconix Gets Sport Brands Boost at Wal-Mart
Helped by a good reception of OP, Starter, and Danskin Now as well as exclusives at Wal-Mart, Iconix Brand Group's revenues climbed 9% in Q2 to $56.4 million from $51.7 million in Q2 last year…
Big 5 Sees First Comp Gain in Six Quarters
Big 5 Sporting Goods reported a better-than-expected quarterly profit on tighter cost control and forecast third-quarter profit above Wall Street expectations. The Q209 comp gain reversed six straight quarters of comp declines…
GSI Commerce to Offer 1.8 Million Shares of Common Stock
GSI Commerce Inc. announced a registered public offering of 1,811,150 shares of common stock to be sold by the company and 8,188,850 shares of common stock to be sold by selling stockholders…
Nordstrom Reports July Comps Slide 6.9%
Nordstrom, Inc. reported a decrease in same-store sales for July of 6.9% compared with the same period in fiscal 2008. Preliminary total retail sales were $806 million for the four-week period ended August 1, 2009, a decrease of 4.1 percent compared with
Target July Comps Fall 6.5%
Target Corporation sales for the four weeks ended August 1, 2009 were $4.42 billion, a decrease of 3.2% from $4.57 billion for the four weeks ended August 2, 2008. On this same basis, July comparable-store sales decreased 6.5%…
Escalade Sees 20% Drop in Sporting Goods Sales in ’09
Escalade Inc. reported that its Sporting Goods division's net sales declined 19.8% and 16.6% in the second quarter and first half of fiscal 2009 respectively. The company expects Sporting Goods sales to be approximately 20% lower in 2009 compared to
Neiman Marcus Comps Drop 27.3% in July
Neiman Marcus, Inc. announced the preliminary company-wide revenues for July 2009. The Company’s fiscal year 2008 ended on August 2, 2008, which included a fifty-third week…
Report: Governor Signs One-Gun-A-Month Bill
Governor Jon Corzine (D-NJ) signed Assembly Bill 339/Senate Bill 1774 into law on Thursday, according to a release by the National Rifle Association.