Author: sportsoneauthor

Play It Again Parent Posts Net Loss in Fourth Quarter

March 3, 2009 SGB Update

Winmark Corporation, the parent of Play It Again Sports, reported that net income fell 37% for the year ended December 27 to $1.1 million, or 21 cents per diluted share, compared to $3.0 million, or 54 cents per diluted share, for 2007…

Speedo Sales Grow 9% in Fourth Quarter

March 3, 2009 SGB Update

Warnaco Group's swimwear group saw revenues grow 5.4% to $46.2 million in the fourth quarter. In constant dollars, sales rose 7.6%. Speedo revenues were up 9.0% and operating margin was in the low teens reflecting improved inventory management…

Iconix Q4 Sales Jump 14%, Full Year Up 36%

March 3, 2009 SGB Update

Iconix Brand Group, Inc., which owns the Danskin, Starter and Ocean Pacific brands, among many others, reported a strong fourth quarter as the company continues to expand its direct to retail licensing programs…

Winter Sports Lifts Head NV’s Fourth Quarter Results

March 3, 2009 SGB Update

Driven by double-digit gains in winter sports, Head NV revenues increased 5.4% in the fourth quarter to €115.1 million ($147.3 million). Operating profits also grew with the help of lower expenses, favorable exchange rate movements, and the sales gains…

Footjoy Closing Plant in Brockton

March 3, 2009 SGB Update

FootJoy, a division of the Acushnet Co., is shutting down its plant in Brockton, MA, affecting 103 employees. A company spokesman Rob Kelley told The Enterprise of Brockton that the closure announced Thursday will occur in phases over the next six weeks..

Globe International’s Sales Slide 4.5% in Half

March 3, 2009 SGB Update

Globe International's sales fell 4.5% in the six months ended Dec. 31, to Australian $60.6 million (U.S. $39.3 million). In constant currency terms, sales dropped 11%. The EBITDA loss was A$5.7 million ($3.7 million) compared to earnings of A$1.1 mil

Pacific Brands Restructures As H1 Sales Dip 2.9%

March 3, 2009 SGB Update

Pacific Brands is implementing a new strategy – Pacific Brands 2010 – to restructure and sharpen the focus of the business. The company will discontinue some of its smaller labels and brands to reduce complexity and cost and divest some non-core businesse

Analysis: Women Consumers at Sporting Goods Retail…

March 3, 2009 SGB Update

A frequently-cited marketing maxim holds that women drive 80 percent of consumer purchases at retail. While finding the original source of that figure has proven to be elusive, most will agree that women are responsible for a significant level of spending

Stimulus Plan Brings $3 Billion for Public Lands

March 3, 2009 SGB Update

The stimulus plan signed by President Obama on February 13, formally known as the “American Recovery and Reinvestment Act of 2009” brings with it $787 billion worth of directed spending, appropriations and intended tax relief for Americans. Roughly $3 bil

RECALL: 78,000 Bowflex Units

March 3, 2009 SGB Update

The U.S. Consumer Product Safety Commission and Nautilus, Inc. have recalled about 78,000 Bowflex Ultimate 2 Home Gyms after it was determined the unit's horizontal seat rail can unexpectedly fall on the user or bystander…

DSW Opens Store in Longmont, CO

March 3, 2009 SGB Update

DSW has opened a new store in Longmont, CO on Feb. 19. The 14,000 square foot store will be the 8th DSW location in the Denver market. In 2008, DSW opened 41 stores in strategic markets and launched dsw.com. The new store in Longmont, Colorado is the firs

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