Mountain Hardwear raised $5,140 for The Conservation Alliance at its Fall 2007 warehouse sale. The company gave a 10% discount and a t-shirt to any customer that made a $20 donation to The Conservation Alliance. The November event was the fourth time Moun
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Golf Counterfeit Ring Busted in North Carolina
Acushnet Company, which is comprised of the Titleist, FootJoy and Cobra golf equipment brands, reports that it played an integral part in the arrests of two North Carolina residents by state authorities. The two residents of Vass, North Carolina, were cha
Quiksilver Closes Sale of Cleveland Golf
Quiksilver, Inc. has closed the sale of Roger Cleveland Golf Company, Inc. to SRI Sports Limited. The sale, which was effective as of December 10, 2007, carried a transaction value of $132.5 million, with net proceeds to Quiksilver, Inc. of approximately
Vail Q1 Mountain Revenue Down 7.9%
Vail Resorts, Inc. saw its Mountain revenue decrease $3.6 million, or 7.9%, in the first quarter of fiscal 2008 to $42.5 million from $46.2 million for the same quarter last fiscal year. Mountain Reported EBITDA decreased $4.0 million, or 12.2%, to a loss
Genesco Comps Down 3.7% for November
As a result of the ongoing legal battle between Genesco Inc. and The Finish Line, Inc., Genesco reported financial results for fiscal November in order that those results might be part of the public record and usable as evidence in the case. Same store sa
Nautilus Shareholders Receive Retort Letter from Sherborne
Sherborne Investors LP mailed a letter to Nautilus, Inc. shareholders following Nautilus' letter last week encouraging them to vote in the Sherborne nominees for board positions and to vote out many of the current directors…
November Retail Gets Early Holiday Lift…
Retail comparable store sales managed a low-singles increase for the fiscal month of November as the shifting retail calendar gave the month an extra week of Holiday sales. Sales were also aided, though, by several cold bouts and bits of nasty weather th
SGMA Sells Fledgling Spring Market Show; Licenses Name for Two New Shows…
dmg world media, the group that also produces SurfExpo, will partner with the SGMA to launch the SGMA Team Sports Show and the SGMA Sports Licensing Show. Both shows are scheduled to take place June 9-11, 2008 at the Sands Expo Convention Center in Las Ve
Gander Mountain Slips into Red on Weather Woes…
Gander Mountain took much of the sting out of its grim third quarter earnings report Thursday by announcing it had acquired an online retailer it said would drive more sales to its money losing chain of 115 stores. Executives at the Minneapolis-based out
Gander Mountain Acquires Overton’s Inc…
Gander Mountain Inc. paid $70 million to acquire Overton's, Inc. Headquartered in Greenville, N.C., Overton's distributes more than 15 million catalogs annually and operates a fulfillment center and call center that will be helpful to Gander Mou
Collective Brands, Inc. Posts Q3 Loss; Sees Strong Growth Ahead…
Collective Brands saw double-digit sales increases with strong results from its Payless, Keds and Saucony businesses bolster the top line, but purchase accounting expenses relating to the recently closed Stride Rite acquisition negatively impacted the bot
Gildan Fourth Quarter Sales, Earnings Jump…
Gildan Activewear Inc. reported sales in the fourth quarter amounted to $254.9 million, up 8.4% from $235.2 million in the fourth quarter of last year. The increase in sales revenues was due to an 8.9% increase in unit sales volumes for activewear and a 1
DSW, Inc. Lowers Full Year 2007 Forecasts…
DSW Inc. joined a list of retailers lowering their 2007 forecasts due to sluggish sales. The shoe chain now expects to earn between $1.24 to $1.29 per share. Last month, it said earnings would be at least 10% below last year's earnings of $1.48 per s
Alyssa and Baseball Drive G-III Sports Licensing…
G-III Apparel Group said its sports licensing business is “doing quite well” despite losing part of its distribution arrangement with NFL Properties. On its Q3 conference call, management said its collegiate business is growing “very well” and baseball is
Skechers Targets China with JV…
Skechers is expanding its sales and distribution in China through a joint venture with Luen Thai Enterprises, a conglomerate based in Hong Kong, that will be aptly named, Skechers China. Over the next three years, the JV expects to open more than 1,200 po