Big 5 Sporting Goods Corporation’s same-store sales fell 4.7% in the fourth quarter, causing net sales to dip 1% to $232.1 million. The rapidly expanding retailer attributed the decline primarily to a worsening economy, but said plummeting sales of wheele
Author: Charlie Lunan
Bass Pro Expects 5M at Spring Classic
Bass Pro Shops said it expects 5 million people to attend the 2008 Spring Fishing Classics events Feb. 29 through March 16 at 46 of its retail locations across the United States. The 16-day event features new product exhibits, live demonstrations, clinics
Manufacturers Urged to Participate in OIA Study
Manufacturers have until March 31 to contribute to the Outdoor Industry Association's first benchmarking study for the industry. Participants will get a free copy of the report, which will allow outdoor industry manufacturers to compare gross margins
Marines Order More Danner Boots
LaCrosse Footwear Inc. landed another contract to supply boots to U.S. Marines abroad. The company said its Danner subsidiary has received orders for nearly 9,000 pairs worth $1.3 million to keep U.S. servicemen's feet safe from both the cold and the
Macy’s Sales Down 6.2% in Q4, 2.4% for the Year
Macy's said sales fell 6.2% in the 13 weeks ended Feb. 2, while same-store sales fell 2%. For the year, net sales and same-store sales fell 2.4% and 1.3% respectively. The decline came as Macy's closed 12 stores and incurred $69 million in costs
Kona Doubles Bike Donations to Africa
Kona bikes is doubling the number of bikes it donates to healthcare workers in Africa to assist in the treatment of HIV/AIDS to 1,000, the company said. Kona said it was able to expand its AfricaBikes donations thanks to its 2-for-1 sales program in which
Terramar Sponsors Outdoor Industries Women’s Coalition
Terramar has become a bronze sponsor of the Outdoor Industries Women’s Coalition, OIWC, a non-profit association of women organized for the purpose of equipping women to reach their professional success in the outdoor industries via educational programmin
Hayes Brothers Snowboard Acquired
The Hayes Brothers Snowboard Company has been acquired by Ault Glazer & Co., Inc., a holding company that holds minority stakes in companies that make everything from medical devices and barbeque grills to comic books. Co-founder Stephen Hayes, will remai
Weyco Reports Record Numbers Despite Q4 Slowdown
Despite flat retail sales in the fourth quarter and a 2% decline in same-store sales, Weyco Group Inc. said its wholesale and licensing business generated record sales and earnings in 2007. Sales of the Florsheim and Stacy Adams brands grew 5% and 11%, re
Nordstrom’s Foresees 3% to 5% Decline in Comps in Q1
Nordstrom Inc. reported a decline in gross profit and merchandize margins in the fourth quarter as it strived to align inventory with softening demand. The luxury department store said net fourth-quarter sales were essentially flat with a year ago, while
Cabela’s Q4 Sales Rose Twice as Fast as Profits
Cabela's Incorporated said fourth-quarter net income rose 5.4%, or at less than half the rate that sales grew, on a 5.9% decline in same-store sales. Direct-to-consumer revenue increased 3.3% while financial services revenue decreased 1.7%. For the f
OIA Names Keller to Run New DC Office
The Outdoor Industry Association has opened a Washington D.C. office and staffed it with a newly hired director of recreation policy to help drive its public policy agenda. Todd Keller will oversee all aspects of OIA's D.C. office. He has experience
Diadora Sues Skechers for Trademark Infringement
Italian shoe and apparel maker Diadora has sued Skechers U.S.A. Inc for placing a logo on Skechers' new Luger-Strafe sneaker that closely resembles the Diadora logo. The Luger-Strafe features a horizontal V reminiscent of a climbing jet that Diadora
Iconix Profits Doubled in Q4 on 76% Revenue Gain
Licensing revenues more than doubled at Iconix Brand Group Inc. in the fourth quarter and nearly doubled for the full year, the brand management company said. The company, which owns, licenses and markets the Ocean Pacific, Danskin, Roca Wear and Starter
GE Opens eVent Plant in China
GE Energy recently opened a 7,000-square-meter, state-of-the-art manufacturing and laboratory facility in Shanghai, China to meet growing demand for eVent fabrics. EVent fabrics are waterproof breathable membranes used in outdoor apparel, footwear and gea
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