Joe's Sports & Outdoor said it is posting strong sales increases during the current cold snap in the Pacific Northwest, led by sales of tire chain and cold weather products. Joe's Sports & Outdoor has 30 locations throughout the Pacific Northwes
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Nike Inc. Q2 Revenues Climb 6%; Earnings Ahead 9%
Nike Inc. reported sales grew 6% in its second quarter ended Nov. 30, to $4.6 billion, from $4.3 billion the prior year. Changes in currency exchange rates increased revenue growth by 1 percentage point for the quarter. Second quarter net income increased
Julie Skirving Joins Overland Equipment
Julie Skirving has joined Overland Equipment, bringing with her over 20 years sales and marketing experience in the US and Canadian outdoor industries. Most recently, Skirving led the sales and marketing efforts for the Lolë apparel brand in the U.S. mark
Sheri Poe Out at MBT
MBT, the footwear manufacturer, announced that effective
immediately Sheri Poe will no longer serve as CEO of US Operations. Ken Pucker, who was named interim Global CEO in early November, will assume her responsibilities for managing the US entity of MBT
Litespeed Launches First Consumer Rebate Program
In response to a tightening economy, the makers of Litespeed Bicycles are launching the industry’s first ever direct-to-consumer rebate program. Specialty hangtags are being distributed this week to all Litespeed dealers to launch and promote the campaign
ARP to Take Sales Inside in Reorganization
American Recreation Products will replace dozens of outside reps with an in-house sales force in 30 days in a bid to cut costs and reach earnings targets of Sun Capital Securities Group LLC. The move is part of a broader reorganization of the company that
American Recreation Products Undergoes Reorganization
The B.O.S.S. Report has confirmed that American Recreation Products will replace dozens of outside reps with an in-house sales force in 30 days in a bid to cut costs and reach earnings targets of Sun Capital Securities Group LLC. The move is part of a bro
VF Confirms Plans for Job Cuts
VF Corp. said that with economic weakness expected to continue in 2009, a modest number of jobs will be cut across its units. In a statement, the company declined to say how many jobs would be eliminated pending notification of affected employees, but ind
FansEdge.com Sets On-line Record
Dreams, Inc., led by FansEdge.com, said it surpassed its all-time record amount of orders and order value received on-line in a single day. The previous single day's record was 13,233 orders received with a value of $890,000 set on Dec. 12, 2007. Th
TaylorMade Cuts 170 jobs After Ashworth Acquisition
TaylorMade-Adidas Golf is cutting 170 jobs, or about 12% of its local work force, as it integrates its new Ashworth acquisition. TaylorMade acquired Ashworth Inc., also based Carlsbad, CA, for $73 million on Nov. 21. According to the North County Times in
SGMA Sets National Health Through Fitness Day
SGMA is planning to hold the 10th Annual National Health through Fitness Day – Wednesday, Mar. 4 in Washington, D.C. Every year since 2000, SGMA has organized a lobby day for the sporting goods industry on Capitol Hill to help drive legislation that suppo
Forzani’s Q3 Net Income Tumbles 33%
Forzani Group Ltd's third quarter profit fell 33% to C$8.4 million ($6.77 million), or C28 cents a share, in the three months ended Nov. 2, from C$12.6 million ($10 million), or C36 cents a share, for the same time last year. Revenue rose 8.8% to C$3
OIWC Appoints New President and President Elect
Mary Margaret Sloan has been appointed as the new President of the Outdoor Industries Women’s Coalition (OIWC) and Lori Harrod the new President Elect. Sloan is currently the Alumni Director for the Student Conservation Association, a national conservatio
Sher-Wood Hockey Wins Approval to Acquire TPS Sports
Sher-Wood Hockey Inc. said it has received court approval and completed the purchase of the business assets of TPS Sports Group, a manufacturer and distributor of hockey sticks and protective equipment…
Adrenalina Criticizes PacSun’s Rejection of Bid
Adrenalina issued yet another statement regarding the failure of Pacific Sunwear of California Inc. to explore merger discussions. The neophyte action sports retailer also said it is now a shareholder of PacSun and “intends to significantly increase its p