GSI Commerce Inc. has signed a multiyear agreement with American Eagle Outfitters to continue providing customer care services for the American Eagle Outfitters, aerie, MARTIN + OSA and 77kids brands. GSI will provide additional customer care services und
Author: sportsoneauthor
Zappos and Amazon Sitting in a Tree
That was how Zappos.com founder and CEO Tony Hsieh described on his blog the relationship between the two companies after Amazon, Inc. — the Wal-Mart of e-commerce — reached an agreement to acquire Zappos.com, the wildly-successful online shoe merchant,
The Finish Line Elects New Director as Klapper Steps Down
The Board of Directors of The Finish Line, Inc. announced Norman H. Gurwitz as a new director and announced that director and company co-founder David I. Klapper will retire from the board effective immediately…
Deckers Sees UGG and International Shine in Q2, but Teva’s Struggles Continue
Deckers Outdoor Corp posted a surprise second quarter profit, helped by cost controls and, to a lesser extent, higher sales. Although the company slightly raised its sales estimate for the year due to better-than-expected outlook for UGG, it maintained it
Crocs CEO Responds to Negative Media Reports
A story published in the Washington Post that raised questions about the company's health prompted Crocs' president and CEO John Duerden to publicly assure consumers and investors about Croc's viability…
Dick’s Sporting Goods Expanding in Oregon
The effort by Dick's Sporting Goods to expand its presence in the Northwest is moving rather rapidly, according to a number of published reports and former Joe’s Sports & Outdoors management attending the OR Summer Market…
Pacific Sunwear Warns on Second Quarter
Pacific Sunwear has updated its initial earnings expectations for the second quarter of fiscal 2009. A lower effective income tax rate, along with a higher store asset impairment charges for the quarter, have led to a lower estimated sales and a higher e
Sport Supply Group Forecasts Record FY09 Profits
Amongst a struggling U.S. market, Sport Supply Group’s ability to adapt and control expenses — and a fairly consistent institutional team sales business — has led the retailer to forecast its highest level of income produced in the company’s 37-year his
RECALL: Sevylor Tow Behinds
Sevca, LLC, in cooperation with the U.S. Consumer Product Safety Commission, has announced a voluntary recall of Sevylor Tow Behinds with Quick Hitch Connectors. The recall involves about 94,000 units sold at department and retail stores nationwide from
Accell Reports First Half Growth Fueled by Electric Bikes
In the first half of 2009, Accell Group once again booked higher revenues and profit. This increase was largely due to healthy sales of bicycles in the middle and higher segments, such as electric, sports bicycles and bicycles for special target groups…
Asics Settles Suit Against Dolce and Gabbana
Dolce & Gabbana SpA of Italy settled a lawsuit by Asics Corp., which accused it of copying stripe designs on its footwear. U.S. District Judge Howard Matz in Los Angeles, dismissed the trademark-infringement action, citing a confidential settlement agreem
Jarden Sees Cost-Cutting Measures Boost Profits
In a second quarter that was dubbed “outstanding” by company chairman and CEO Martin Franklin, Jarden Corporation, parent to K2, Shakespeare, Stearns, Rawlings, Worth, Marmot and Coleman, among many other brands, exceeded analyst expectations by reporting
Skechers Posts Q2 Loss on Sales, Margins Hits
Skechers USA implemented cost cutting measures and tightened inventory levels in the second quarter, but a weak retail environment sunk the Manhattan Beach, CA footwear maker to a loss of $5.9 million, or 13 cents per share, as compared with a profit of $
Cybex Posts $2.1mm Loss in Second Quarter
Cybex International, Inc. reported a loss of $2.1 million in the second quarter of fiscal 2009 due to a weak sales environment and cautious spending by its customers, particularly fitness clubs and similar facilities…
Acushnet Golf Profits Fall 36% on Double-Digit Sales Decline
Fortune Brands, Inc., the parent company behind the Cobra, Titleist and FootJoy brands, reported that net sales for the second quarter were $1.74 billion, down 17% from $2.10 billion in the year-ago period, as the stability of the spirits business tempere