Author: Charlie Lunan

Rocky Brands Adds Distributors in Four Countries

February 3, 2012 SGB Update

Rocky Brands added new distributors in Germany, Finland, United Arab Emirates (UAE), United Kingdom and Russia…

Leatherman Taps Sporting Goods Vet to Fill CFO Spot

February 3, 2012 SGB Update

Leatherman Tool Group, Inc. appointed Kris Hamper as chief financial officer for global operations. Hamper will be located in the Portland, OR headquarters and provide financial direction for both LED Lenser (Yang Jiang, China and Solingen, Germany) and L

Southern Europe’s Woes Contribute to Larger Q1 Loss at Johnson Outdoors

February 3, 2012 SGB Update

Johnson Outdoors Inc. announced revenue grew 2 percent to more than $80.2 million during the quarter ended Dec. 30, 2011, despite plunging military sales, but said restructuring charges and bad debts in Southern Europe contributed to higher than usual los

Unifi Reports First Loss since ’09 as Supply Chain Destocks

February 3, 2012 SGB Update

Unifi Inc. said it experienced its first loss in more than two years in the quarter ended Dec. 25 as the apparel supply chain worked off existing inventory rather than order synthetic yarns from its factories in Brazil, Central America and the United Stat

Unifi Reports Net Loss in Second Quarter Ended Dec. 25

February 2, 2012 SGB Update

Unifi Inc. reported a net loss of $7.6 million, or 38 cents per share, in the second quarter ended Dec. 25, marking its first loss in more than two years. A major provider of polyester fiber to sporting goods apparel brands, Unifi said net sales for the p

The Buckle Grows Comps 7.4 Percent in January

February 2, 2012 SGB Update

The Buckle, Inc. reported comparable store net sales for the four-week period ended Jan. 28, increased 7.4 percent from comparable store net sales for the four-week period ended Jan. 29, 2011. Net sales for the four-week fiscal month ended Jan. 28, increa

Stage Stores Lowers Earnings Guidance on Flat January Comps

February 2, 2012 SGB Update

Stage Stores, Inc.'s lowered earnings guidance and announced the resignation of its chief merchandising officer after reporting that comparable store sales decreased 0.1 percent in the four weeks ended Jan. 28. The company said a high level of promot

Johnson Outdoors Grows Q1 Revenue Despite Plunging Military Sales

February 2, 2012 SGB Executive SGB Update

Johnson Outdoors Inc. announced revenue grew 2 percent to more than $80 million during the first fiscal period ended Dec. 30, 2011, despite a 66 percent drop in year-over-year military sales. The maker of Eureka tents, Necky kayaks and Minn Kota trolling

Target’s Comps Grow 4.3 Percent in January

February 2, 2012 SGB Executive SGB Update

Target Corporation reported that its net retail sales for the four weeks ended Jan. 28, were $4.61 billion, an increase of 5.1 percent from $4.38 billion for the four weeks ended Jan. 29, 2011. On this same basis, January comparable-store sales increased

Nordstrom Estimates Fourth Quarter Sales Rose 12.5 Percent

February 2, 2012 SGB Update

Nordstrom, Inc. reported a 5.0 percent increase in same-store sales for the four-week period ended Jan. 28, compared with the four-week period ended Jan. 29, 2011. Preliminary total retail sales of $688 million for January 2012 increased 13.2 percent comp

MEC to Become Canada’s Only Ghost Bikes Dealer

February 2, 2012 SGB Update

Mountain Equipment Co-op, will become the first North American retailer of Ghost Bikes in a partnership that marks further penetration of the North American market by Dutch bicycling giant Accell Group…

Outdoor Nation, RBFF Award 10 Take Me Fishing Grants

February 2, 2012 SGB Update

Outdoor Nation, the youth-led movement championing the outdoors, and the Recreational Boating & Fishing Foundation (RBFF) announced the winners of ten Take Me Fishing Awards…

Kantar: Comps Store Sales up 4.9 Percent in January

February 2, 2012 SGB Update

Retail same-store sales stepped up to a 4.9 percent gain in January largely on the back of improved results from a few retailers such as Costco and Target, according to Kantar Retail. The sales-weighted composite for the 21 retailers reporting—most of the

House Committee Rejects Bike Funding Amendment to Transportation Bill

February 2, 2012 SGB Update

The U.S. House of Representatives Transportation and Infrastructure (T&I) Committee narrowly rejected an amendment Thursday that would have restored funding of programs that have built thousands of bike lanes, sidewalks and trails over the past decade…

K2 Donates $25,000 to SOS Outreach

February 2, 2012 SGB Update

K2 Sports, Inc. has donated another $25,000 to youth development charity SOS Outreach to demonstrate its support for programs that get youth from diverse demographic backgrounds outdoors…