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
Author: sportsoneauthor
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
Forzani Group Third Quarter Net Jumps on Weather-Aided Sales Boost
Thanks to the arrival of cold weather in September and October, The Forzani Group Ltd. reported third quarter revenues rose 4.1% to CN$381.1 million (US$355 mm) and increased 2.3% on a same-store basis. With tight inventories and little need to promote, e
Nike Subcontractor in Honduran Labor Rift
The University of Wisconsin-Madison and Purdue University are both reviewing alleged workers' rights abuses at two factories run by Nike subcontractors in Honduras. Both factories were reportedly shut down without notice in January and failed to pay
Nike Inks TX High Schools Deal
Nike is partnering with the University Interscholastic League in Texas to be the official brand of choice for uniforms, apparel, and footwear for the state. This marks the first time Nike has partnered with a statewide organization for uniforms, apparel a
Li Ning to Open U.S. Store
Chinese sports brand Li Ning will test the U.S. market with its first retail outlet outside of Asia by opening a store next month in Nike's backyard, the company disclosed…
Nautilus Sells Portion of Commercial Assets
Nautilus, Inc. has entered into definitive agreements for the sale of certain assets of its commercial business to Fit Dragon International Ltd. for $12.3 million. The company had previously announced its intention to divest itself of its commercial busin
JoesSports.com Finds Investor
UFA Co-operative Ltd., the Canadian firm that acquired 15 Sportsman's Warehouse stores last year, bought the domain names for JoesSports.com and GIJoes.com in bankruptcy court two months ago and has quietly been operating the joessports.com e-commerc
SGMA Supports Ball Tariff Relief
The Sporting Goods Manufacturers Association (SGMA) said it is aggressively supporting the extension of duty suspension bills on basketballs and volleyballs…
SIA: Early Winter Weather Kick-Starts Snow Sports Sales for 2009-2010 Season
Winter sports sales rose 12% in units and 10% in dollars to $520 million for the season-to-date period from August through October compared to the same period in 2008, according to the latest Retail Audit Report from SnowSports Industries America…
AFFTA Hopes to Lure Partner for Fly Fishing Show
Even as its members are pursued by two larger trade shows, the board of directors for the American Fly Fishing Trade Association remains determined to organize its own, independent show for next summer…
Vail Resorts See Season Pass Sales Jump
Vail Resorts, Inc. reported a wider fiscal first quarter loss as total revenues fell 47.1% for the period ended Oct. 31 on the timing of various real estate transactions. The profitability issues on the Real Estate business offset an improvement in the E
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal