Gaiam’s revenue for the second quarter of 2009 increased 5.7% to $60.5 million from $57.2 million in the same quarter of 2008. Management said the clear trend in sales for the quarter was “(fitness) videos and water bottles,” and the brand is also benefit
Author: sportsoneauthor
Escalade Sporting Goods Sales Fall
Escalade Inc. reported that its Sporting Goods division, which makes pool tables, table tennis tables, game tables, basketball systems and wood playsets, reported net sales declined 19.8% and 16.6% in the second quarter and first half of fiscal 2009, resp
EMS Sees New Financing Fueling Future Growth
Eastern Mountain Sports sees opportunities in the current recession and has closed on new financing totaling $50 million and a new, larger senior credit facility to help facilitate growth over the next few years. The new influx in equity from its existin
Adams Golf Posts Q2 Loss on Charges, Promotional Environment at Retail…
Adams Golf reported second quarter net sales fell 30% to $23.3 million from $33.3 million in the year-ago period. Management for the golf club manufacturer said sales were negatively impacted by contractions in market demand, competitive pricing and a pro
Aldila Sees Q2 Loss Widen on Shaft Sales
Aldila, Inc. reported second quarter losses widened on declining sales that suffered from a 21% decline in golf shaft sales. The golf shaft specialist reported net sales fell 22.5% to $10.6 million from $13.6 million in the year-ago period. Net loss was $
Skechers Sets New Mandatory Minimum Resale Prices on Shape-Ups
In a letter to retailers sent earlier last week, Skechers USA President Michael Greenberg referenced a letter sent to all retail partners in January in which a $100 per pair minimum resale price for Shape-Ups was established. The latest letter, dated Jul
The END of the Road
In a release late Friday after press time, LaCrosse Footwear, Inc. said it had made a strategic decision to discontinue END Footwear (Environmentally Neutral Design) as a stand-alone outdoor and running brand. The release indicates that LaCrosse plans to
WSA Shifts Show Dates, Solidifies Venues
After what many saw as a final straw of a WSA Show last week (SEW_0931) ENK International LLC announced new dates and venues for the WSA Shows in 2010 and beyond. In February 2010, the three-day WSA show will be held February 2-4 at the Mandalay Bay Resor
JD Sports Acquires Canterbury Rugby Brand
JD Sports Fashion Plc acquired the insolvent European arm of rugby apparel-maker Canterbury of New Zealand and global rights to the Canterbury brand. The U.K. chain bought Canterbury’s global brand, goodwill, and “certain fixed assets” for £6.5 million po
SEC Seeks More Than $22 Million from Former Kmart CEO
The Securities and Exchange Commission is seeking more than $22 million from the former CEO of Kmart Corp., Charles Conaway, for “intentionally lying” to Wall Street and concealing information from Kmart directors prior to its bankruptcy filing in 2002…
Weather Helps and Hurts Second Outdoor Sales
As consumers and analysts feel like they are beginning to see the end of the recession, spending on outdoor footwear, apparel and equipment seems to be turning around. Like many metrics recently cited by economists, the retail point-of-sale data compiled
OIA: Outdoor Sales Slip 2% in June; First Half Sales Down
According to the most recent OIA topline report, June retail sales for all core outdoor stores combined (chain, internet, specialty) dropped 2% compared to last June, slipping from $388.5 million to $382.5 million. Equipment and key footwear categories sa
Outdoor Footwear Designers Eye Durability and Versatility
While green materials and manufacturing processes have been a key theme in Outdoor footwear for several season, the footwear brands on the floor at Outdoor Retailer Summer Market were looking to take sustainability one step further. Recycled and renewable
Eddie Bauer Completes Sale to Golden Gate Capital
Eddie Bauer Holdings, Inc. has completed the previously announced sale of its assets and operations to Golden Gate Capital for $286 million in cash. As a result, Eddie Bauer in a statement said it will have the benefit of a much stronger balance sheet, li
OIA Survey: Small Outdoor Businesses More Pessimistic
A survey released by the Outdoor Industry Association found that small businesses have a more negative view about the economy than they did in the fall 2008 or in spring 2009. The results reflect the third survey conducted by OIA, in conjunction with Pip
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