Last year, the third quarter marked the true beginning of the financial crisis. Credit markets were frozen, consumers stopped shopping and retailers were left looking at full stock rooms and virtually no foot traffic…
Author: SGB Media
Gramicci Finds Growth Partner in Haggar
Haggar Clothing Co., the men's dress and casual apparel giant, has secured the master license agreement for the Gramicci brand. The current Gramicci team will continue to operate the business under a licensed agreement but is expected to benefit from
The North Face Sues The South Butt Over Parody
The North Face filed a lawsuit against the teenage owner of The South Butt, claiming that the St. Loius-area parody company is infringing on the established apparel-maker's trademark and products…
Buckman’s Ski and Snowboard Shops Go Green
Buckman’s Ski and Snowboard Shops, which has five ski and snowboard shops in Pennsylvania, has constructed a 620 kilowatt solar energy system at their corporate headquarters in Pottstown, PA. Made up of nearly 3,000 roof-mounted solar panels, this s
Nike’s Q2 Profit Slips 4%; Futures Orders Up 4%
Nike, Inc. reported second quarter revenues decreased 4% for the fiscal 2010 second quarter ended Nov. 30, down from $4.6 billion last year to $4.4 billion in the current year; changes in currency exchange rates had a minimal impact on reported revenue re
Supreme Court Refuses to Hear Case Against Gun Maker
The U.S. Supreme Court on Monday handed Beretta U.S.A. and the firearms industry another victory by rejecting the Brady Center's appeal of Adames v. Beretta U.S.A. Corporation challenging the constitutionality of the Protection of Lawful Commerce in
Greg Norman to Endorse Cybex Golf Fitness
Cybex International, Inc. said Greg Norman will endorse its products as an official ambassador for the Cybex Golf Fitness platform…
George Cooper Resigns as TRCP President/CEO
The Theodore Roosevelt Conservation Partnership's George Cooper said he has decided to step down as president and CEO of the sportsmen-conservation group. The TRCP board of directors has appointed Director of Finance and CFO Diane Craney interim CEO
NWTF Funds $73,000 In Hunting Heritage, Education Projects in November
The National Wild Turkey Federation distributed nearly $73,000 in November of 2009 to states and programs through the NWTF Hunting Heritage Super Fund, according to a release by the organization…
NSSF Calls for Action in Passing Pro Ammunition Bill
The National Shooting Sports Foundation has notified members that, as demand for ammunition continues to outpace supply, “it is critically important that an amendment authored by Rep. Sam Graves (R-Mo.) to a seemingly obscure hazardous material bill
Nominations Open for SGD TEAM Business 2010 Roadman of the Year Awards
Sporting Good’s Dealer TEAM Business magazine is proud to announce a new effort to honor the road warriors of the team sports business. This marks the company’s inaugural efforts to highlight the efforts and lifetime achievement of the team de
The Walking Co. Files for Chapter 11 Protection
The Walking Co., which ceased reporting as a publicly-traded company at the end of last year, last week filed for voluntary Chapter 11 Bankruptcy protection with a plan to close 90 of its 210 stores. The retailer, previously known as Big Dog Holdings, In
Lululemon Third Quarter Earnings Soar on Double-Digit Comps Sales Hike
Lululemon Athletica has clearly made peace with this recession as third quarter earnings for the Vancouver-based retailer of yoga wear and other athletic apparel catapulted 60.2% to $14.1 million or 20 cents a share. Comps jumped 10% and gross margin leve
Gildan Sees Fiscal Q4 Profits Jump on Tax Write-down, but Top Line Slides
Gildan Activewear nearly doubled fiscal fourth quarter profits as the company benefited from a $746,000 tax write-down, but the top line was crippled by continued softness from activewear and underwear resulting from “promotional discounting”
West 49 Reports Strong Third Quarter Earnings Gains
West 49 Inc. reported net income in the third quarter improved 38.1% to CN$2.9 million ($2.8 mm), or CN5 cents per share, compared to CN$2.1 million ($2 mm), or CN3 cents per share, a year ago. Sales for the Canadian action sports chain declined 3.7% to C
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