sportsoneauthor | Page 1134 | SGB Media Online

I/O Bio Adds New Sales Reps

February 10, 2009 SGB Update

I/O Bio, manufacturer of natural merino wool urban/base layers, has added to their arsenal of sales professionals with the addition of Morrison Sports Marketing in the hybrid Mid-East region…

Yakima Names Robb Sports Sales Agency Of The Year

February 10, 2009 SGB Update

Yakima has named Robb Sports, located in Gainesville, Georgia, as sales agency of the year. Criteria for this designation include a combination of sales growth, new account development, new product placement and…

VF Corp. Reports Dip in Q4 Sales

February 10, 2009 SGB Update

VF Corporation said revenues for the fourth quarter fiscal 2009 decreased 2% to $1.91 billion, compared with $1.96 billion in the year ago period. The company said nearly all of the decline attributed to the effects of foreign currency translation…

CPSC Clarifies Policy for New Lead Limits In Children’s Products

February 10, 2009 SGB Update

U.S. Consumer Product Safety Commission has announced that, starting Feb. 10, 2009, consumer products intended for children 12 and under cannot have more than 600 parts per million of lead in any accessible part. This new safety requirement is a key compo

Sport Supply Group Q2 Net Sales Slip 1.7%

February 10, 2009 SGB Update

Sport Supply Group, Inc. said net sales for earnings per share for its fiscal second quarter ending Dec. 31, 2008 were 4 cents per fully diluted share. Net sales for the quarter declined 1.7%. Commenting on the quarter and year-to-date Results, Adam Blume

Wall Street Shrugs Off Tough January Retail

February 9, 2009 SGB Update

The retail results for January and the retail fourth quarter apparently lived up to low expectations as Wall Street shrugged off both the negative comp store sales results and the loss of more than 625,000 jobs during the month…

Industry Chains Continue Respective Trends in January

February 9, 2009 SGB Update

Pacific Sunwear of California reported that total PacSun sales for the fiscal month of January declined 8% to $54.7 million from $59.6 million in the year ago period. PacSun comp sales dropped 11% for the month…

Dick’s Sporting Goods Comp Decline Worsens; Will Take Impairment Charge

February 9, 2009 SGB Update

Dick's Sporting Goods, Inc. expects to record a pre-tax non-cash impairment charge based upon unaudited, preliminary year-end estimates in the range of approximately $165 million to $180 million that will decrease net income by $144 million to $153 m

Chernin’s to Shutter Doors

February 9, 2009 SGB Update

Chernin's Shoe Outlet LLC, the discount footwear retailer, is going out of business. The Chicago-based chain filed for Chapter 7 bankruptcy, listing assets of between $500,000 and $1 million and liabilities of between $1 million and $10 million. Che

Kmart Introducing Athletic Line

February 9, 2009 SGB Update

Kmart is introducing an exclusive athletic footwear and apparel collection called Protege, created by NBA star Al Harrington. The launch of Protege is part of Kmart's footwear re-launch which will feature new and exclusive brands both in stores nati

Layoffs at Brown Shoe and Macy’s

February 9, 2009 SGB Update

Macy's Inc. and Brown Shoe Co. joined a number of companies announcing major layoffs to streamline operations in the face of the recession. Macy's plans to cut 7,000 jobs, or 4% of its workforce, while Brown Shoe, the parent of Famous Footwear,

Wolverine World Wide Maintains Full Year Sales Growth Despite Q4 Decline

February 9, 2009 SGB Update

Wolverine managed to maintain full year sales growth despite difficult trading conditions in the fourth quarter that led to decreased sales from last year’s fourth quarter. Growth for the year was once again driven by the company’s Outdoor Group and more