Garmin Ltd. said that it increased its global market share in the portable navigation device (PND) market to 33.7% in 2008, up from 27.8% in 2007, according to research was provided by Canalys, an independent technology market analyst firm. According to
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Golf Playable Hours Down Slightly for February
At the national level, February's Golf Playable Hours (GPH) were off 1.8% compared to the same period last year. Following January's increase in GPH of just under 3%, the February dip brings the Year-to-Date (YtD) weather impact back to neutral
SIMA Names Nominees for ’09 Image Awards
The Surf Industry Manufacturers Association (SIMA) revealed its list of nominees for the seventh annual SIMA Image Awards, which recognizes those making outstanding contributions to the surf industry. Nominees for breakthrough brand of the year include: A
Columbia/Easton Earn MC Sports Vendor Awards
MC Sports recognized Columbia Sportswear and Easton Sports as the softlines and hardlines vendors of the year for 2008, respectively. Mike Prock from Asics won the softlines rep of the year while Scott Cusack with HMT Marketing earned the nod hardlines re
AAFA Hails Product Safety Appropriations
The American Apparel & Footwear Association (AAFA) applauded President Obama for signing into law legislation that will increase funding for the Consumer Product Safety Commission (CPSC). The $25 million increase over FY2008 spending is a necessary move a
Golfsmith Recognized for E-commerce
Golfsmith International Holdings, Inc.s website was recognized as one of the top retail web sites for customer service and overall customer experience. The two mystery shopping studies, conducted by the e-tailing group, each benchmarked 100 retail web sit
Golfsmith’s Website Earns Recognition
Golfsmith International Holdings, Inc.s website was recognized as one of the top retail web sites for customer service and overall customer experience. The two mystery shopping studies, conducted by the e-tailing group, each benchmarked 100 retail web sit
Hanesbrands Amends Credit Agreement
Hanesbrands Inc., the parent of Champion, amended its first-lien credit agreement and is aiming to reduce its long-term debt in 2009 by at least $300 million. The amendment applies to the company's $990 million of term loans, as well as its revolving
RECALL: Shakespeare Casting Game and Fishing Kits
The U.S. Consumer Product Safety Commission, in cooperation with Pure Fishing announced a voluntary recall of about 2,600 Shakespeare Casting Game and Fishing Kits. The label on the fishing rod contains a surface coating containing high levels of lead in
SGMA: Sporting Goods Sales Down 3.2% in 2008
According to SGMA's Manufacturers Sales by Category Report (2009 edition), manufacturers' (wholesale) sales of sporting goods equipment, fitness equipment, sports apparel, athletic footwear, and recreational transport items in the U.S. totaled $
Luxottica Q4 Sales Rise 4%, Earnings Drop 44%
Luxottica Group S.p.A., the parent of Oakley and Sunglass Hut, reported forth quarter sales rose 4% to €1.24 billion ($1.58 bn) from €1.19 million ($1.51 bn). At constant exchange rates, sales were unchanged at current exchange rates. Assuming the inclusi
Hibbett Sees Flat Q4 Earnings on Lower Comps
Hibbett Sports, Inc. reported sales increased 3.6% in the fourth quarter ended Jan. 1, to $147.9 million from $142.8 million. Comps decreased 2.8%. Earnings were flat at $7.6 million, or 26 cents a share, against $7.6 million, or 25 cents, a year ago. Th
Russell Launches Fact-Finding Trip to Honduras
Russell Athletic said it has invited the presidents and chancellors of approximately 20 colleges and universities that have cancelled contracts with the company on a fact-finding trip to Honduras to see the truth about the company's factory condition
Imperial Headwear Adds New Accounts
Imperial Headwear said that since Jan. 1, 2009 the company has opened 162 new accounts, over 55 of those accounts come from the golf market alone. Imperial, based in Denver, has also performed well in the resort, corporate and tennis markets, nationally a
RECALL: Tippmann A-5 Paintball Markers
The U.S. Consumer Product Safety Commission, in cooperation with Tippmann Sports announced a voluntary recall of about 13,000 Tippmann A-5 Paintball Markers. Tippmann Sports, based in Fort Wayne, IN, has received three reports of the end cap assembly brea