After a down period in the 2008 fourth fiscal quarter through January, Sport Footwear sales rebounded in the retail fiscal first quarter ended May 3, posting a low- to mid-single-digit increase in sales for the period. Based on retail point-of-sale data
Author: James Hartford
Golfsmith Bows Xtreme Store in Houston
Golfsmith International Holdings, Inc. on Thursday is opening its new 40,000-square foot “playground” for golfers and tennis players in the Houston area. The retailer claims the new Golfsmith Xtreme store in the Woodlands is the first in the state of Texa
West Marine Narrows Q1 Loss Despite Comps Decline
West Marine, Inc. reported that first quarter net revenues were $101.0 million, down 10.9% from last year. Comparable store sales were down 6.8%. West Marine posted a net loss of 67 cents per share after-tax compared to 81 cents per share after-tax last
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
Orange 21 Gets Deficiency Letter from Nasdaq
Orange 21 Inc., which manages the SPY and SPY Optic brands, is applying to transfer its Nasdaq listing from the Nasdaq Global Market to the Nasdaq Capital Market as it no longer meets the continued listing standards for the Nasdaq Global Market…
Under Armour Q1 Sales, Profits Jump on Boost from Footwear and Direct
Under Armour, Inc. reported that first quarter net revenues increased 27.1% to $200.0 million compared with net revenues of $157.3 million in the first quarter of 2008. Net income jumped 38.0% to $4.0 million, or 8 cents per diluted share, in the first q
Report: Foot Locker’s Serra May Retire Soon
The New York Post is reporting this morning that Foot Locker, Inc. Chairman and CEO Matt Serra may be ready to hang up his sneakers after nearly ten years at the helm. The Post said it had learned that Mr. Serra is “gearing up for retirement” and noted h
Adams Golf CFO to Exit; Company Names Interim
Adams Golf is reporting that Chief Financial Officer Eric Logan has resigned from the company, effective April 30, 2009. He is leaving to become Chief Financial Officer of Evergreen Alliance Golf Limited, L.P., which owns and manages approximately 80 golf
SGB 40 Under 40 Award Honorees to be Toasted in San Antonio
The finalists for the second annual SGB 40 Under 40 Awards will be honored at a banquet event on May 2, 2009 preceding the NSGA Management Conference and Team Dealer Summit in San Antonio, TX. If you would like to attend the event please download the ord
Jarden Outdoor Q1 Earnings Fall as Revenues Fall Double-Digits
Jarden Corporation is reporting that first quarter net sales for its Outdoor Solutions segment, which includes Coleman, Pure Fishing, K2 Sports and Rawlings businesses, fell 10.2% to $591.3 million in the first quarter from $658.3 million in the year-ago
Under Armour to Ink Marketing Deal with Ripken Baseball
The Baltimore Sun is reporting that Under Armour and Ripken Baseball Inc. are forming a business alliance that will be unveiled at a news conference Wednesday at the Sports Legends Museum at Camden Yards…
Specialized Recalls Bicycles Due to Fall Hazards
Specialized Bicycle Components Inc., in cooperation with the U.S. Consumer Product Safety Commission, has announced two voluntary recalls of bicycles, involving about 17,000 bicycles. Consumers are being advised to stop using recalled products immediatel
Consumer Financing Can Help Retailers Ride Out a Tough Cycle
Nearly everyone has felt the impact of the challenging economic environment. The latest unemployment figures and consumer confidence reports point to continued turmoil for many, including the retail segment. In times like these specialty retailers in the
Engaging Your Customer Base on the Web
An important milestone in the history of the Web was reached in 2008. According to Neilson Online, users spent more time on social networking sites, like Twitter, Facebook and Blogger, than in personal e-mail programs.
Even with such a large number of pe
Nautilus Takes Action Against Counterfeiters
Nautilus, Inc. has filed suit against importer/distributor, SC Excel Technology, Inc. (dba Duro Fitness) of Montreal, Canada and obtained an Anton Piller order to enter its premises and seize counterfeit goods and relevant records. The suit was filed aft
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal