Pacific Cycle hired Jennifer Schwai to serve as Pacific’s Director of IBD Marketing as she returns to the bike industry. In this new role, Schwai will lead strategic marketing initiatives for the GT Bicycles brand and oversee the Schwinn and Mongoose bran
Author: SGB Media
Payless Plans New DC in Ohio
Payless ShoeSource, Inc. plans to locate its eastern distribution center in Brookville, Ohio, a community 15 miles west of Dayton, as part of its dual distribution center plan announced earlier this year aimed at enhancing the logistical efficiency and qu
Brooks Gains More Traction in Specialty Running Market
According to the recently released Sports Marketing Surveys Running Specialty Store Sales Survey, Brooks Sports, Inc. took home first-place standings for its “Brand Strength Forecast” and “Market Strength Forecast” in the specialty running industry. Addit
Unifi Appoints Dillon Yarn CEO to Board
Unifi, Inc.'s Board of Directors appointed Stephen Wener to the Board. Mr. Wener, who lives in Franklin Lakes, New Jersey, has served as the President and CEO of Dillon Yarn Corporation since 1980 and has been a driving force behind Dillon's suc
Ashworth Restructures Management and Staff
Ashworth, Inc. will undergo a series of personnel changes. Edward (“Eddie”) J. Fadel has returned to Ashworth as President, effective immediately. Gary I. (Sims) Schneiderman, President, has left the Company to pursue other interests. Peter E. Holmberg, E
Shoe Carnival Q1 Earnings Slip on Tough Retail Environment
Shoe Carnival, Inc. net earnings for the first quarter were $7.3 million, or 53 cents per diluted share, compared to net earnings of $7.4 million, or 54 cents per diluted share, for the prior year first quarter ended April 29, 2006. Net sales decreased 1
Execute Sports Outlines Plan for 2007
Execute Sports Inc. announced several strategic initiatives for the rest of 2007 and summarized key achievements for the past 18 months including the closures of Eagle Rider clothing, Kampus wakeskates and Collective Development bags as well as office and
OIA Lobbying Effort Helps Secure Recreation Funding
Outdoor Industry Association extended its thanks the U.S. House of Representatives, Interior Appropriations subcommittee, for its funding commitment to close to home recreation infrastructure as well as its support of a substantial funding increase for th
SIA: Specialty SnowSports Sales Flat for ’06-’07 Season
Specialty stores, buoyed by strong early and late season sales in the East and Midwest and consistently strong sales in the Rockies and West, finished the August through March selling season with $1.8 billion in sales, flat compared to last year's re
Dick’s Sporting Goods Hits Top-End of Q1 Guidance with Positive Comps
Dick's Sporting Goods, Inc. first quarter Net income increased 90% to $21.7 million and earnings per diluted share increased 81% to 38 cents, compared to prior year net income of $11.4 million, or 21 cents per share. Net sales for the quarter increas
Thule Acquires Norwegian Trailer Distributor
Thule acquired its Norwegian distributor of trailers in Norway, Brenderup Tilhengersenter AS. The company has 10 employees and sales of about 40 million Norwegian krona ($6.6 mm). The unit will be integrated into Thule's business area Trailers, which
NFL, GSIC and QVC Ink Strategic Alliance
QVC, the National Football League and GSI Commerce Inc. have entered into a strategic alliance to create a new, multichannel marketing opportunity for NFL-licensed products. Under terms of the agreement, QVC will become the NFL's “official television
Zoic Sponsors 16,000 Mile Bike Ride
Zoic Clothing has sponsored Biking for a Better World, Inc. through outfitting a four man bicycling team pedaling from Purdue Bay, Alaska to Ushuaia, Argentina. Beginning on June 15th, 2007, this team will begin their 16,000 mile journey, riding unsupport
Foot Locker Q1 Net Income Drops 71.2% on Negative Comps
Foot Locker, Inc. net income for the first quarter ended May 5, 2007 was $17 million, or 11 cents per share, as compared with $59 million, or 38 cents per share, last year.
First quarter sales decreased 3.6% to $1.316 billion, as compared with sales of $
Burton Teams Up with Jeans Designer for Apparel Line
Paul Smith Jeans and Burton Snowboards have joined forces once again for an exciting new design project that combines Burton’s innovative fabric technology and construction techniques with Paul Smith’s signature designs. Three traditional Paul Smith cloth
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