The Sports Authority announced that Doug Morton will be retiring from his position as chief executive officer. Morton, who has been with TSA or the Gart Sports predecessor company for 23 years and served as CEO for more than a decade, will remain as chair
Author: sportsoneauthor
Study: Online Retailers Profitable in 2008
According to a new survey, the majority of online retailers were profitable in 2008 with more than half earning more money in 2008 than 2007. The positive results came despite the deteriorating economic environment, including last year's brutal holid
Callaway Expects Wider Q3 Loss
Callaway Golf Company said third quarter sales are expected to decline 11% to $191 million from $213 million a year ago. On a currency-neutral basis, estimated net sales would have been $194 million, a decrease of 9% compared to the third quarter of 2008.
DSW Ups FY Sales, Earnings Outlook
DSW Inc. said it estimates comparable store sales of approximately positive 6% to 8% for the third quarter ending Oct. 31, 2009. The company experienced increased traffic and conversion since the end of the second quarter, resulting in positive comparable
Crocs Amends Credit Facility
Crocs Inc. said that on October 14, it amended its bank line with PNC Bank. The amendment decreases Crocs' minimum tangible net worth requirement from $266 million to $205 million, measured at the end of each fiscal quarter, commencing with the fisca
EU Seeks Compromise on Chinese Shoe Imports
The European Commission has proposed extending anti-dumping duties on EU imports of Chinese and Vietnamese shoes for at least 15 months in a compromise to appease Beijing and global shoemakers, a document showed…
OIA and SportsOneSource to Launch New Retail Point-of-Sale Reporting Platform
Outdoor Industry Association has selected The SportsOneSource Group to develop and manage a new retail point-of-sale tracking system designed specifically for manufacturers and retailers in the active outdoor lifestyle market…
RECALL: Electra Bikes
An additional 6,400 Electra bicycles are being recalled because the baskets and trays on the front of the bikes can come loose, causing a risk of falls to riders, the Consumer Product Safety Commission said…
Redcats USA to Close Call Center
Redcats USA, which owns the Sportsman's Guide, The Golf Warehouse and other catalogs, said it will close its customer contact center located in Universal City, TX, on Dec. 18. A total of 490 jobs will be affected…
Phoenix Footwear Posts Q3 Profit, but Receives NYSE Delisting Notice
Phoenix Footwear Group, Inc. reported a profit of $310,000, or 4 cents a share, in the third quarter ended Oct. 3 compared to a net loss of $2.1 million for the third quarter of fiscal 2008…
Altus Brands Further Expands Portfolio
Altus Brands, LLC, provider of products for the outdoor sports, law enforcement and industrial safety markets, has acquired Cass Creek Game Calls, Woodland Whisper, QuikSit and Digital Game Scales brands, formerly owned by Nature Vision, Inc…
Down Under Retailer Kathmandu Floats an IPO
After months of speculation, Australasian outdoor-gear retailer Kathmandu has confirmed a dual listing in both Australia and New Zealand with the launch of its IPO on Monday, offering between 166.9 million and 197.4 million shares for sale, or 84% to 99%
Timberland Exceeds Goals in 2007-08 CSR Report
The Timberland Co. released its 2007- 2008 Corporate Social Responsibility report, highlighting progress around its efforts to reduce carbon emissions, increase the use of eco-friendly materials, factory conditions and community service…
Bikes Belong Report: Bike Shops Value and Support Bike Advocacy
More than 80% of bicycle retailers who responded to a recent Bikes Belong survey said bike advocacy makes bicycling easier, safer, and more widespread and 60% of the respondents said advocacy leads to more sales in their stores. Believing in bike advocacy
Brunswick Names Graves President of Boat Group
Brunswick Corporation has named Andrew E. Graves, 50, president – Brunswick Boat Group. Graves most recently served as president – US Marine and Outboard Boats for Brunswick. Graves now will also have responsibility for the operations of Sea Ray and Merid
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