SGMA: Treadmills Remain #1 Fitness Machine
In 2007, 50.1 million Americans used a treadmill, enough to retain the top spot among fitness machines, according to SGMA's new fitness study, Tracking the Fitness Movement. That marked a slight decline from the 52.2 million treadmill participants
GSI Sells More, but Doubles Loss
Despite anemic September sales and the bankruptcy of a top 10 client, GSI Commerce, Inc. reported that net revenues increased 36.1% to $186.8 million for third quarter from $137.3 million in Q3 last year. Much of the revenue gain came from an 84% increase
Adrenalina Makes Bid for Pacific Sunwear in Bid to Rapidly Expand Concept
Adrenalina last Monday made an unsolicited offer to acquire much-larger rival Pacific Sunwear of California for about $295 million. But PacSun's board on Tuesday rejected the offer as “not in the best interests of the company's shareholders.”…
Brunswick Names New VP of Corporate and Investor Relations
Brunswick Corporation has named Bruce J. Byots as vice president of corporate and investor relations. Byots will report to Peter B. Hamilton, SVP and CFO…
Brunswick Names New VP of Corporate and Investor Relations
Brunswick Corporation has named Bruce J. Byots as vice president of corporate and investor relations. Byots will report to Peter B. Hamilton, SVP and CFO…
Escalade Suffers Q3 Loss; Sporting Goods Revenues Drop 39.8%
Escalade, Inc.'s revenues for the third quarter dropped 32.8% to $40.8 million from $60.7 million in the prior year. A net loss of $1.4 million, or 11 cents per share, compared to net income of $3.1 million, or 24 cents, in the prior year. Sporting G
NexCen Brands Expands Franchised Stores Internationally
NexCen Brands, Inc. announced that it has expanded its franchised stores internationally through the opening of 43 stores to date in 2008 outside the United States and through the entry into multi-year agreements that provide for the opening of a minimum
GSI Commerce Revenues Rise 36%, Earnings Outlook Stable
GSI Commerce said it lost more money on operations despite a 36% increase in net revenues to $186.8 million in the third quarter ended Sept. 27. Still, the company is on track to meet its earnings guidance thanks to better than planned operating margins..
A.T. Cross Co. Q3 Consolidated Sales Increase 11%
A.T. Cross saw consolidated sales for the third quarter ended Sept. 27, increase 11% to $39 million compared to $35.1 million in the third quarter of 2007. The company’s optical segment, which now includes the Native Eyewear business, had a third quarter
A.T. Cross Co. Q3 Consolidated Sales Increase 11%
A.T. Cross saw consolidated sales for the third quarter ended Sept. 27, 2008 increase 11% to $39.0 million compared to $35.1 million in the third quarter of 2007. The company’s optical segment, which now includes the Native Eyewear business, had a third q
GoLite Hires Donley Morton as Marketing Director
Lightweight apparel and gear maker GoLite has named former OIA marketing director Dana Donley Morton as its marketing director. Effective Oct. 30, Morton will report directly to GoLite Co-Founder and President Demetri Coupounas.
Swimskin Maker blueseventy Names New CEO
Tim Moxey is stepping back from his role as CEO at blueseventy – a maker of swim skins for triathletes – so he can focus more on nuun active hydration. Taking his place will be 8-year blueseventy veteran Steve Nicholls…
Retailers Urged to Promote Learn-A-SnowSport Month
Thirteen industry resort associations representing 22 states are teaming with five national associations to will offer special free or discounted packages for children and adults who want to learn an outdoor winter activity. Retailers are urged to work w
REI to Open Second New Jersey Store Next Fall
Recreational Equipment, Inc. (REI) plans to open a new store in East Hanover, NJ in the fall of 2009. Located at Route 10 and Murray Road, the 30,000 square-foot store will offer the top brands of gear and apparel for outdoor recreation…
Liz Claiborne Sells Enyce to Sean John
Liz Claiborne Inc. plans to sell its Enyce urban clothing brand to Sean “Diddy” Combs, the Grammy-winning musician and entrepreneur, for an undisclosed sum. Claiborne, which bought the denim-based streetwear line for $114 million from former Fila parent,
