Under Armour Beats the Street in Q1
Under Armour, Inc. got Wall Street excited again this week following the company’s report of first quarter results. Like the news media during a Barack Obama speech, analysts and investors were quick to buy into the numbers, conveniently ignoring the lac
Nordstrom’s First Alabama Store Cancelled
Nordstrom will no longer be opening its first Alabama store in the Riverchase Galleria in Birmingham, AL. Two years ago, the company announced its intentions to open a 143,000 square foot store in spring 2012. According to various media sources, General G
Escalade, Inc. Signs New Loan Agreement
Escalade, Inc. based in Evansville, IN, announced that, on April 30, 2009, it signed a new loan agreement with JP Morgan Chase Bank, N.A. (Chase) for a senior secured revolving credit facility. The agreement includes the waiver of the company's coven
Big Rock Sports Relocates Distribution Center
Big Rock Sports plans to relocate its Henry's Distribution Center to Hamlet, NC. This move will enable Big Rock Sports to expand from 170,000 square feet to 310,000 square feet of warehouse space. The new state-of-the-art facility will start receivin
Hanesbrands, Inc. May See Some Light at Retail
Hanesbrands Inc., the parent of the Champion and Duofold brands, said that while first quarter results were in line with expectations and had been significantly impacted by the economic recession, the company may also be seeing some positive movement from
Lakers’ Bryant Tops NBA’s List of Top Jersey Sales; LeBron Second
Los Angeles Lakers' Kobe Bryant has regained his spot on top of this year's list of most popular NBA jerseys. Bryant reclaimed the #1 spot, which he held in 2006-07, after being overtaken last year by the Boston Celtics' Kevin Garnett. The
Total Apparel Group Secures U.S. and Canada Licensing Rights for Kappa and Robe Di Kappa
Total Apparel Group, Inc., (TAG) a distributor and licensee of trademarks in the branded apparel, footwear and accessories sectors, today announced that it has been granted the U.S. and Canadian Master Licensing rights for the internationally popular Kapp
Jarden Announces Closing of $300 Million of 8% Senior Notes Due 2016
Jarden Corporation announced the closing of its public offering of $300 million aggregate principal amount of 8% Senior Notes due 2016. The net proceeds to Jarden, after payment of underwriting discounts and other expenses of the offering, was approximate
Clif Bar Adds Valvano to Lead Sports Retail Sales
Clif Bar & Company has hired Mike Valvano as national sales manager of the sports retail channel. Valvano has more than 15 years of experience in the outdoor, bike and luggage industries…
Teva Secures Two New Sales Agencies
Teva, a division of Deckers Outdoor Corporation, has hired Great Pacific Sales to represent the brand in Northern California and McG Sales to represent the brand in the Mid-Atlantic. Both sales organizations will report in to Jake Brandman, Teva VP of Dom
Golf Datatech National Golf Rounds Played Report: Rounds Up Slightly in March
The Golf Datatech National Golf Rounds Played Report showed that in March, golf rounds played varied vastly between regions, with participation in the Pacific, Mountain, South Central and South Atlantic regions decreasing and participation increasing in t
Secretary of Interior Creates Office of Youth
Secretary of Interior Salazar has created a new Office of Youth. The new office will coordinate a department-wide youth program to introduce young Americans from all backgrounds to the beauty, values and importance of our national parks and monuments, ref
Callaway Q1 Earnings Plummet in Tough Golf Market
Callaway Golf Company reported that net sales declined 25.8% to $271.9 million in the first quarter, compared to $366.5 million in Q1 2008. Net income fell 82.8% to $6.8 million, or 11 cents per diluted share, compared to $39.7 million, or 61 cents per d
Amer Sports Sees Q1 Loss Double on Americas Weakness
Amer Sports net sales decreased 2.1% to EUR 355.3 million ($465 mm)in the first quarter ended March 31. In local currencies, net sales decreased by 7%, with Winter and Outdoor net sales flat to the year-ago period, Ball Sports revenues decreasing by 8% an
Sport-Haley Names New Board Members
Sport-Haley, Inc. said two new outside board members were elected at the company's recent annual shareholders' meeting. The new directors are Samuel A. Kidston and Lloyd M. Sems. Messrs. Kidston and Sems are also beneficial shareholders of the c
