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
Conservation Leaders Meet With Obama Administration
The President's budget contains both positive and potentially dubious news for sportsmen, according to a release by Ducks Unlimited. Today's budget request calls for increased funding for wetlands and waterfowl habitat programs, but also limits
Backbone Media Hires Social Media and Online Brand Manager
Backbone Media has hired Jonathan Georger as Social Media and Online Brand Manager…
Brunswick Names VP, General Counsel and Secretary
Brunswick Corporation has named Kristin M. Coleman its vice president, general counsel and corporate secretary. Coleman will assume her duties May 20, and will report to Dustan E. McCoy, Brunswick's chairman and CEO…
Yue Yuen April Operating Revenue Down 1.4%
Yue Yuen Industrial (Holdings) Ltd. said its operating revenue in April was U.S. $425.0 million, down 1.4% from the year-earlier period. The Hong Kong-listed company's operating revenue was US$430.9 million in the same month last year…
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…
