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G-III Apparel Shrinks Q2 Loss

September 8, 2009 SGB Update

G-III Apparel Group Ltd. narrowed its loss in the second quarter to $2.8 million, or 17 cents a share, from $3.85 million, or 23 cents, a year earlier. But the leather outerwear company also warned that it may not be profitable until next year's seco

Rawlings Bat Helmet to be Mandatory in Minor League Baseball in 2010

September 8, 2009 SGB Update

Rawlings S100 batting helmet will become the mandatory helmet in the Minor Leagues starting in 2010. The helmets, which offers increased protection at ball speeds up to 100 miles per hour, will make their Minor League Baseball debut later this year in the

Collective Brands Hampered by Weak Traffic at Payless; Saucony Scores Again

September 8, 2009 SGB Update

Collective Brands Inc. reported another steep decline in quarterly profits before extraordinary items due to weak traffic at its Payless chain. But the company achieved its goals of increasing market share, lowering its cost structure, and generating heal

Gander Mountain Exits PowerSports; Go Forward Categories Comp Up 1.8%

September 8, 2009 SGB Update

Following up on an especially strong first quarter that saw boosts from several key product segments, Gander Mountain reported disappointing second quarter results as losses widened on sliding revenues. Company management attributed disappointing results

Golf Datatech: Golf Rounds Played Flat in July

September 8, 2009 SGB Update

According to Golf Datatech, rounds played in July were flat for the month of July compared to July 2008 and are up 0.2% on a YTD basis. Public access courses were up 0.1% in July while private courses were down 0.4%…

CLC Forecasting Decline in Sales and Licensing Revenues for Year

September 8, 2009 SGB Update

Collegiate Licensing Company, which manages the trademarks of most major colleges, is forecasting retail sales of college fan merchandise could be down 7% this year from sales of $4.3 billion last year. In an interview with Reuters, Derek Eiler, SVP and

Quiksilver, Inc. Meets the Street in Fiscal Q3, Forecasts Loss for the Fourth Quarter

September 8, 2009 SGB Update

Quiksilver Inc. managed to show a small profit in its fiscal third quarter ended July 31, thanks to cost cutting efforts. But the company surprised Wall Street by forecasting a loss in the fourth quarter due to weakening sales and higher interest costs.

Wolverine World Wide Restructures Outdoor Group

September 8, 2009 SGB Update

Just before press time last week, Sports Executive Weekly learned that Wolverine World Wide is restructuring the reporting structure of its Outdoor Group. The main component of this restructuring was the appointment of Bill Dodge as vice president – produ

SGMA: Team Sports Impacted by Economy

September 8, 2009 SGB Update

According to recent research conducted by the SGMA, overall participation numbers in team sports are not as strong as they once were. The popularity of traditional team sports in the U.S. is being undermined by four key issues: the struggling U.S. econom

Lululemon to Launch Kids Product and Retail Concept

September 8, 2009 SGB Update

Lululemon athletica inc. is introducing ivivva athletica, a new brand the vertical retailer said is focused on 6-12 year olds and will feature technical, multi-functional apparel that will include many of the design features found in lululemon product…

OBIT: Melvin Olshansky, Maurice Sporting Goods

September 8, 2009 SGB Update

Melvin A. Olshansky, the chairman of Maurice Sporting Goods in Northbrook, IL, died on Aug 29 at the age of 74, according to The Chicago Tribune. He had been hospitalized for several months with a number of maladies, including respiratory problems and kid