Author: sportsoneauthor

Crocs Q4 Revenues Slump 44%

February 19, 2009 SGB Update

Crocs, Inc. reported revenues fell 43.9% for the three months ended Dec. 31, to $126.1 million compared to $224.8 million a year ago. The comfy shoe manufacturer reported a net loss of $33.2 million, or 40 cents per share, in the latest quarter…

Asics Lowers Guidance Despite Solid Q3

February 18, 2009 SGB Executive SGB Update

Asics Corp. reported third quarter net sales of ¥60.42 billion ($628.9 mm), increasing 5.5% from net sales of ¥57.27 billion ($506.3 mm) last year. The company saw growth in both footwear and apparel more than offset a slight decline in equipment sales, b

Mizuno Lowers Outlook After Tough Q3

February 18, 2009 SGB Executive

Mizuno Corp. had a difficult third quarter as continued softness in the global economy slowed sales and caused the company to lower its guidance for the fiscal year that ends at the end of March. The company now anticipates reporting a net loss for the fi

North Face, Polartec Launch Environmental Campaign

February 18, 2009 SGB Executive

The North Face and Polartec have announced the launch of their ‘Eco Champion’ program. The campaign is designed to recognize passionate people improving the environment and will honor an ‘Eco Champion’ with a $15,000 donation made in their name to a chose

Outerwear Manufacturer Wild Things Gets New Owners

February 18, 2009 SGB Executive

This past July, The Walnut Group of Cincinnati, OH and Consumer Growth Partners of Kansas City, MO purchased a controlling share of technical outerwear manufacturer Wild Things. The company will continue to design and manufacture gear for elite climbers a

Skechers Posts Q4 Loss as Margins Shrink

February 18, 2009 SGB Executive

Skechers USA, Inc. said sales for the fourth quarter of 2008 ended Dec. 31 were $298.1 million compared with $302.0 million a year ago, a decline of 1.3%. The loss was $20.4 million, or 44 cents a share, versus net earnings of $12.1 million, or 26 cents a

PacSun Issues Response to Adrenalina

February 17, 2009 SGB Update

Pacific Sunwear of California, Inc. responded to the Feb. 12, 2009 letter and related press releases issued by Adrenalina, a retail-entertainment company currently operating three stores in Florida. Peter Starrett, lead director of
Pacific Sunwear, said

Tifosi Optics Hires Eastern Outdoor Sales

February 17, 2009 SGB Update

Tifosi Optics has partnered with Allyn Morton and the rest of the team at Eastern Outdoor Sales. EOS will represent a full range of Tifosi Optics performance eyewear, including polarized and Fototecphotochromic styles….

Wal-Mart Q4 Sees Steady Net Sales

February 17, 2009 SGB Update

Wal-Mart Stores, Inc. said net sales for the fourth quarter ended Jan. 31, 2009 were $107.99 billion, an increase of 1.7% from $106.21 billion in the fourth quarter last year. Income from continuing operations for the quarter was $3.792 billion, a decreas

Gore, SMC Team Up for Glove Launch

February 17, 2009 SGB Executive

Snowsports Merchandising Corporation (SMC), the buying group of specialty ski and snowboard shops in the wintersports industry, and W.L. Gore & Associates have announced a marketing partnership to aid in the launch of Gore-Tex Gloves that feature X-TRAFIT

PROBAR Moves to Salt Lake City

February 16, 2009 SGB Update

PROBAR has said it will be relocating from the Park City area to a new and larger facility in Salt Lake City this month. Effective Feb. 16, 2009, PROBAR will call 4752 West California Ave, Suite 1000, Salt Lake City, their new home. During the transition

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