Jarden Corporation announced the closing of its public offering of $300 million aggregate principal amount of 8% Senior Notes due 2016. The net proceeds to Jarden, after payment of underwriting discounts and other expenses of the offering, was approximate
Author: sportsoneauthor
Big 5 Q1 Comps Down on Slower Consumer Traffic
Big 5 Sporting Goods Corporation said net sales for the fiscal 2009 first quarter ended March 29, 2009 were $210.3 million, a 1.2% decline from net sales of $212.9 million for the first quarter of fiscal 2008. Same store sales declined 4.4% for the first
Cabela’s Q1 Comps Up 8.2%; Earnings Fall on Bad Debt Expenses
Cabela’s Incorporated reported first quarter fiscal 2009 retail store revenue increased 8.3% to $275.5 million, driven by an 8.2% increase in comparable store sales. Direct revenue decreased 4.7% to $225.4 million while financial services revenue decrease
Clif Bar Adds Valvano to Lead Sports Retail Sales
Clif Bar & Company has hired Mike Valvano as national sales manager of the sports retail channel. Valvano has more than 15 years of experience in the outdoor, bike and luggage industries…
DSW Shoes Opens Store in Frederick, MD
DSW will open a new store in Frederick, MD on May 7. The store will be the 16th DSW location in the Washington D.C. market. The 17,000 square foot store in Frederick will offer women and men thousands of shoes in a contemporary setting…
Volcom Q1 Sales Slide 15%; EPS Plummets
Volcom, Inc. reported first quarter consolidated revenues were $68.3 million, a 15% drop from $80.6 million in the first quarter of 2008. Total revenues in the company’s U.S. segment, which includes revenues from the U.S., Canada, Japan and most other int
Teva Secures Two New Sales Agencies
Teva, a division of Deckers Outdoor Corporation, has hired Great Pacific Sales to represent the brand in Northern California and McG Sales to represent the brand in the Mid-Atlantic. Both sales organizations will report in to Jake Brandman, Teva VP of Dom
Golf Datatech National Golf Rounds Played Report: Rounds Up Slightly in March
The Golf Datatech National Golf Rounds Played Report showed that in March, golf rounds played varied vastly between regions, with participation in the Pacific, Mountain, South Central and South Atlantic regions decreasing and participation increasing in t
Secretary of Interior Creates Office of Youth
Secretary of Interior Salazar has created a new Office of Youth. The new office will coordinate a department-wide youth program to introduce young Americans from all backgrounds to the beauty, values and importance of our national parks and monuments, ref
Headwear Manufacturer Buff Changes Name
Headwear manufacturer Buff will change its name from Original Buff, SA USA to Buff, Inc. to become a subsidiary of Original Buff, SA Spain, effective May 1. Additionally, former US general manager Shirley Choi Brunetti’s position will adjust to vice presi
Schoeller Textil Re-Hires P.R. and Marketing Manager
Schoeller Textil and Technologies U.S.A. has re-hired Shannon Walton as P.R. and Marketing Manger of North America. Walton spent the last year as the Retail and Rental Director of Crested Butte Mountain Resort…
Hanesbrands, Inc. May See Some Light at Retail
Hanesbrands Inc., the parent of the Champion and Duofold brands, said that while first quarter results were in line with expectations and had been significantly impacted by the economic recession, the company may also be seeing some positive movement from
Eastern Mountain Sports Opens SoHo Store
Eastern Mountain Sports will open a new SoHo location at the corner of Spring and Broadway in May. The 18,097 square-foot store triples the size of its former location. The store showcases apparel and gear for backpacking, camping, climbing, hiking, snows
Shoe Carnival Partners with Soles4Souls
Shoe Carnival and Soles4Souls are partnering for the second straight year on a promotion aimed at putting shoes on the feet of people who need them most. From May 6th through May 26th, all Shoe Carnival customers will have the opportunity to donate $1 dur
Source Interlink Files Chapter 11, Plans to Privatize
Source Interlink Companies, Inc., which publishes multiple action sports magazines and web sites, including Surfing, Surfer, Skateboarder and Snowboarder, has filed for Chapter 11 bankruptcy as part of a recent restructured agreement with its lenders to e