Marker Volkl International of Baar, Switzerland and Klip America of San Diego, California have jointly announced that Klip America has been named the World Wide Licensee for Volkl Tennis Equipment, Bags and Accessories…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Mammut Sports Sees 9.2% YTD Sales Gain
Conzzeta Group said its sporting goods business unit, Mammut Sports Group, achieved sales of CHF 111.9 ($98.9 million) in the first eight months through August 2008, a 9.2% improvement on the previous year. The company, based in Zurich, Switzerland, said
SGMA Warns About Changes from Product Safety Act
In a statement, the SGMA alerted its members that November 12 is the first in a series of critical dates regarding the new Consumer Product Safety Improvement Act (CPSIA). The industry association warned that non-compliance with the Act may put a company
JJB Sports Looks to Sell Non-Core Assets
JJB Sports is reviewing the potential sale of its non-core assets to maximize value for its shareholders. In a statement, the U.K. retailer said that discussions were ongoing and that “there can be no certainty that any transaction will occur or as to the
Callaway Golf Forecasts Q3 Loss
Callaway Golf Co. reported a preliminary third quarter loss and lowered its guidance for the year because of the global financial turmoil. The golf equipment provider said that based on current information, it expects to lose 12 to 14 cents per share for
The SportsOneSource Debate: The Election…
Turns out our industry is about as divided as the rest of the country around which Presidential candidate is best qualified to steward our country. Late last week, SportsOneSource queried subscribers asking how the election of John McCain or Barack Obama
Timex to Sponsor NYC Marathon
Timex Group USA, Inc. has signed on as the official timing sponsor of the ING New York City Marathon. The sponsorship will last four years, from 2008 through 2011, as part of the company’s ongoing initiative to increase the awareness of its state-of-the-a
SGMA: Treadmills Remain #1 Fitness Machine
In 2007, there were 50.1 million Americans who used a treadmill – ranking the category #1 among fitness machines, according to Sporting Goods Manufacturers Association’s fitness study, Tracking the Fitness Movement (2008 edition). In the entire fitness/ex
Titleist to Return to PGA Show
Titleist is returning to the PGA Merchandise Show for the first time since 2002. The show takes place from Jan. 29-31 in Orlando, FL. Titleist also will participate in the Outdoor Demo Day at the Orange County National Golf Center on Jan. 28…
Foot Locker Sued Over Gift-Card Policy
A New Jersey man sued Foot Locker over the store's gift card policies, charging in court papers that they violate New Jersey's consumer laws. In a lawsuit filed in late August in Middlesex County, Sayreville resident Joseph Vona claims that Foot
Mountain Hardwear and Montrail Hire Sales Director
Rick Olson has been named director of sales for both Mountain Hardwear and Montrail. Olson, who assumes his position on Oct. 6, will relocate to the Richmond, CA headquarters to become part of the executive team and will oversee the strategic direction of
NSGA: Sporting Goods Purchases Over the Internet Grow
According to data from the National Sporting Goods Association (NSGA), purchases of sports equipment on the Internet have gone from 1.4% of the total equipment market in 1999 to 10.1% in 2007. Since 2000, Internet purchases of sports equipment have gone f
BJ’s September Comps Climb 10.4%
BJ’s Wholesale Club, Inc. reported comps during September climbed 10.4%. Excluding gasoline sales, merchandise comps were ahead 5.6%. Total sales advanced 11.8% to $892.8 million from $798.9 million…
TJX’s Comps Slide 1%, Lowers Guidance
The TJX Cos., Inc. reported sales rose 3% in the five weeks ended October 4, to $1.78 billion. Comps decreased 1%. The company is lowering its guidance for third quarter earnings per share from continuing operations to the range of 55 cents to 58 cents pr
TJX’s Comps Slide 1%, Lowers Guidance
The TJX Cos., Inc. reported sales rose 3% in the five weeks ended October 4, to $1.83 billion. Comps decreased 1%. The company is lowering its guidance for third quarter earnings per share from continuing operations to the range of 55 cents to 58 cents pr
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