Author: sportsoneauthor

Skechers Warns of Fourth Quarter Loss as Margins Contract

February 5, 2009 SGB Update

Skechers USA, Inc. said its fourth quarter 2008 results are expected to be significantly below the range of its previous outlook. For the fourth quarter of 2008, the company now expects net sales to be in the range of $290 million to $300 million and a ne

Wolverine Q4 Revenues Drop 3.2%; Earnings Dip 0.6%

February 4, 2009 SGB Update

Wolverine World Wide, Inc. revenues fell 3.2% in the fourth quarter, to $346.1 million from $357.4 million in the prior year. Earnings dipped 0.6% to $24.1 million, or 49 cents a share, from $25.6 million, or 49 cents, a year earlier. The parent of Merrel

Zumiez Q4 Comps Fall 14.8%

February 4, 2009 SGB Executive SGB Update

Zumiez Inc.'s comparable store sales decreased 14.8% for the four-week period ended Jan. 31, 2009, versus a comparable store sales increase of 1.7% in the year ago period ended Feb. 2, 2008. Total net sales for the four-week period ended Jan. 31, 200

NGCOA: Golf Rounds Played in 2008 Down -0.8%

February 4, 2009 SGB Executive

The PGA of America and the National Golf Course Owners Association (NGCOA) said that rounds played in 2008 were down -0.8% nationwide, with a similar decline in year-to-date (YTD) days open, at -0.7%. Additionally, average rounds played in 2008 were 27,96

Garmin and ASUS Partner to Create Phones

February 4, 2009 SGB Executive

Garmin Ltd. and ASUSTeK Computer Inc. have joined to form a strategic alliance that will leverage the companies’ navigation and mobile telephony expertise to design, manufacture and distribute co-branded location-centric mobile phones. Garmin and ASUS hav

Oil, Gas Leases in Utah Canceled

February 4, 2009 SGB Executive

U.S. Secretary of Interior Ken Salazar said that the department is canceling 77 oil and gas leases in Utah issued in the final days of the Bush Administration. The decision means that more than 100,000 acres of Utah wild lands and recreation destinations

Lorpen Names New U.S. Sales Manager

February 3, 2009 SGB Update

Lorpen has hired Bruce Barrows as U.S. Sales Manager. Barrows will be responsible for the marketing and sales of Lorpen socks within the U.S. and growing the Lorpen brand through existing dealers and by increasing the size of the Lorpen dealer base. Barro

illumiNITE Puts New Management Team in Place

February 3, 2009 SGB Update

A new management team has taken over at illumiNITE, the maker of reflective apparel for athletes. Led by industry apparel veteran Justin McCarthy, who has held key sales positions at Nike and New Balance, the team is initially focused on making some signi

Adventure Medical Kits Hires Alta Group

February 3, 2009 SGB Update

Adventure Medical Kits has tapped Seattle, WA-based Alta Group Inc. to represent its lines in Oregon and Washington. The Alta Group replaces Doug Nunn & Associates, which had represented AMK in both Oregon and Washington for the last 15 years…

QBP Distributes SealLine Urban Line

February 3, 2009 SGB Update

Cascade Designs, Inc. announced the distribution of the SealLine Urban Line of gear protection through QBP (Quality Bicycle Products). A distributor to the cycling industry, QBP will stock the full SealLine Urban Line including…

McDavid Names Marketing Product Manager

February 3, 2009 SGB Update

McDavid has named Melissa Poole to the newly created position of marketing product manager to support the company’s rapid growth of its protective apparel category, which features its patented HexPad technology…

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