In light of the current market conditions, Broder Bros., Co. has retained Miller Buckfire & Co., LLC as its financial advisor and investment banker and Kirkland & Ellis LLP as special counsel as it explores its financing and strategic alternatives with re
Author: sportsoneauthor
National Golf Rounds Played Up 8.6% in January
The Golf Datatech National Golf Rounds Played Report showed that in January, golf rounds played varied vastly between regions. According to the report, national golf rounds played in the U.S. were up 8.6% in January 2009 vs. January 2008…
Sport Chalet Amends Credit Facility
Sport Chalet, Inc. has amended its credit facility with Bank of America. Under the terms of the amendment, Bank of America has waived the company's existing event of default and certain potential defaults and amended the borrowing base, certain finan
ATA Changes 2010 Trade Show Dates
The Archery Trade Association’s board of directors has changed the 2010 Trade Show dates to Jan. 13-15 to accommodate a scheduling conflict…
Zumiez February Comps Fall 13.4%
Zumiez Inc. had comparable store sales decrease 13.4% for the four-week period ended Feb. 28, 2009, versus a comparable store sales decrease of 2.6% in the year ago period ended Mar. 1, 2008. Total net sales for the four-week period ended Feb. 28, 2009 in
Nike Tabs Jackson as President of Direct-to-Consumer
Nike, Inc. said Jeanne P. Jackson, 57, a member of its Board of Directors since 2001, has been named to the newly created role of President of Direct to Consumer for the company, effective immediately…
ECCO Golf Shoes Named Association of Golf Merchandisers Affiliate
Danish shoemaker ECCO has joined the Association of Golf Merchandisers as an Affiliate Member…
Native Eyewear Names VP of Sales
Native Eyewear has named Kevin Karch as its new VP of sales. Karch’s prior position was sales manager for both domestic and international business at Kelty, Inc. where he was also a member of their executive management team…
Protests Prompt Schools to Cut Russell Ties
A host of colleges across the country have ended their licensing agreements with Russell Athletic over charges that a plant in Honduras was closed in order to shut down a union. Russell has said the closing was in response to economic reasons and denied t
Deckers Full Year, Fourth Quarter Sales Surge on Continued UGG Strength
Driven by seemingly irrepressible demand for UGG, Deckers Outdoor Corp.'s fourth quarter sales surged to $303.5 million, a 56.3% increase from the fourth quarter last year. Domestic sales jumped 59.5% to $283.4 million, while international sales adva
Big 5 Sees Comps Slide Cut into
Soft sales of winter-related products caused by a flagging economy and a warmer-than-usual winter stymied sales for Big 5’s fourth quarter. Overall, sales declined 5.4% to $219.6 million from $232.1 million in the year-ago period. Comps for Big 5 fell 8.
Crocs Appoints Duerden as CEO
Crocs, Inc. has appointed John Duerden to serve as the company’s president and CEO, effective March 16, 2009. Duerden is succeeding Ron Snyder, who is retiring and resigning as president and CEO but will continue as a member of the CROX board of director
NSGA: Athletic Footwear Prices Up 1.6% in 2008
Preliminary data from the NSGA “Sporting Goods Market in 2009” report puts the average price point for athletic footwear in 2008 at $43.71, a 1.6% increase from 2007. In 2007, the average price had risen 2.1% to $43.03…
Garmin Q4 Revenue Falls Despite Outdoor Gains
The Outdoor/Fitness segment provided a boost for Garmin’s fiscal year 2008 results, despite a rocky fourth quarter. Total revenue for the company’s fourth quarter ended December 27 was $1.05 billion, down 14% from $1.22 billion in fourth quarter 2007…
Easton-Bell Sports Q4 Net Loss Widens Despite Balanced Growth Across Segments
Driven by strength in both of its major product segments, Easton-Bell reported revenues for the fourth quarter fiscal 2008 increased 9.1% to $169.2 million from $155.1 million in Q4 2007…
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