Author: sportsoneauthor

SIA: Slowing Equipment Sales Impact Specialty Retail

February 2, 2009 SGB Update

According to the August-December SIA Retail Audit, retail sales in the SnowSports market declined 1.5% in 2008 to $1.88 billion. Most of the declines came from equipment categories, but apparel was also down in the low-single-digits. Accessories were the

Luxottica to Destroy Pirated Glasses

February 2, 2009 SGB Update

Luxottica Group S.p.A. has been cleared to obliterate almost 144,000 pairs of counterfeit Ray-Ban glasses, uncovered during a raid of a Chinese distributor. The Milan-based maker of fashion and sports eyewear received a final order by the Consumer Protect

NRF: Retail Sales to Decline in 2009

February 2, 2009 SGB Update

Retail sales – excluding car sellers, gas stations and restaurants – are expected to decline 0.5% this year, according to the National Retail Federation’s 2009 economic forecast. This marks the first time the trade group projected a decline since it start

SanMar Partners with OGIO for Promos

February 2, 2009 SGB Update

SanMar Corp., a supplier of imprintable apparel and accessories, entered into an agreement to gain exclusive distribution of all 54 OGIO products available in the promotional products industry…

Pelican Products Acquires Hardigg

February 2, 2009 SGB Update

Pelican Products, Inc., manufacturer of plastic injection molded protective cases, acquired long-time competitor Hardigg Industries, manufacturer of roto molded protective cases. The transaction, valued at approximately $200 million, is believed to be the

SIA 09: Youth Culture Expands Influence

February 2, 2009 SGB Update

SIA 2009 was a surprisingly lively show considering the widespread declines in many other trade and consumer shows in recent weeks. While Outdoor Retailer Winter Market reported a 5% decline in attendees, and ASR attendance was down significantly, SIA is

LaCrosse Footwear Sees Q4 Income Plummet

February 2, 2009 SGB Update

LaCrosse Footwear, Inc. reported results for the fourth quarter and full year ended Dec. 31, 2008. For the fourth quarter of 2008, LaCrosse reported consolidated net sales of $35.1 million, up 8% from $32.7 million in the fourth quarter of 2007. For the f

Newton Running Names New President

February 1, 2009 SGB Update

Newton Running has named Stephen Gartside as president of the technical running footwear company.Gartside will run the day-to-day global operations of Newton Running and work closely with Newton’s founders, Danny Abshire and Jerry Lee…

Mizuno Lowers Outlook After Tough Q3

February 1, 2009 SGB Update

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 through March 2009. The company now anticipates reporting a net loss for the fiscal year f

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