Suunto is planning a series of grassroots events at running specialty stores through a new partnership with Runner’s World Magazine. The program targets seven key regions – Texas, California, New York City Metro, Atlanta Metro, Seattle, Chicago and Florid
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Schutt Featured on Modern Marvels
Schutt Sports is being featured one of cable television’s leading technology programs, Modern Marvels, in an episode featuring technology on the football field. Modern Marvels sent a video crew to the Salem, Illinois facility of Schutt Sports, where the c
OGIO Hires Motorsports Category Manager
OGIO announced that Chad Zulian has become Motorsports Category Manager. Prior to joining OGIO, Zulian worked as Media Coordinator for Parts Unlimited. He also has more than twenty years in the action sports industry, both as a rider and employee to sever
Collective Brand’s Earnings Fall After Litigation Charges
Collective Brands Inc. reported net earnings in the first quarter ended May 3, amounted to $19.7 million, or 31 cents a share, after a $30 million pre-tax charge, or 26 cents a share, related to loss contingencies associated with litigation. Excluding the
Johnson Outdoors Downsizes Military Unit
Johnson Outdoors Inc. announced plans to restructure and downsize the company's workforce by 50 positions in Binghamton, New York operations due to continued significant declines in military sales. The company has formally notified affected employees
Sport Chalet to Sponsor the Lakers
Sport Chalet, Inc. announced it has inked an exclusive sponsorship agreement with the Los Angeles Lakers. The three-year agreement makes Sport Chalet the “Official Sporting Goods Retailer of the Los Angeles Lakers” commencing with the 2008-09 season and r
Gander Mountain Loses $24.4 Million in Q1
Gander Mountain Co. reported sales climbed 18.2% to $207.7 million for the first quarter ended May 3, 2008. Comps decreased 6.7% in the first quarter. The 2008 period includes $19.7 million in direct marketing revenue due to the acquisition of Overton
DSW Officially Launches E-commerce Site
DSW Inc. officially launched its e-commerce site, DSW.com. The company said the site com features more than 2,000 styles. The site offers the hottest trends from more than 175 well-known brands and continues to add more. For a limited time, DSW Rewards me
Sports Chalet Posts $2.8 million Q4 Loss
Sport Chalet, Inc. reported sales decreased 1.1 % in its fourth quarter ended March 30, to $96.8 million from $97.8 million a year ago. The net loss for the fourth quarter was $2.8 million, or 20 cents a share, compared to net income of $881,000, or 6 cen
Lululemon Athletica Re-explains Lower Guidance
Lululemon Athletica Inc. provided further information regarding the items driving the earnings per share guidance revision for fiscal 2008. As announced after the market close on Monday, the company now expects earnings per share to be between 68 to 71 ce
Patagonia’s Crooke Joins Hot Topic
Michael Crooke, former CEO of Patagonia and Pearl Izumi, has become president of Hot Topic, the teen chain. Crooke will oversee all elements of the Hot Topic brand including music, merchandising, planning and allocation, marketing, store design and visual
Reebok Forms Argentina Joint Venture
The adidas Group and Brazilian shoe company Vulcabras S.A. have agreed to form a joint venture company to distribute Reebok footwear, apparel and accessories in Argentina. Adidas said the transaction does not affect sales and profitability expectations fo
FINIS Names VP of Sales
FINIS, the maker of swimwear products based in Livermore, CA, named Byron Dana Lindstrom as its VP of sales. Previously, he was EVP of sales with ACCUSPLIT…
Lululemon Doubles Profits; Slightly Lowers Guidance
Lululemon Athletica said its first-quarter profit more than doubled, but slightly lowered its forecast for the the year due to incremental hires and other strategic initiatives. Earnings for the 13-week period, ended May 4, rose to $8.48 million, or 12 ce
Lululemon Names EVP of Sourcing
Lululemon Athletica Inc. appointed Sheree Waterson as EVP of General Merchandise Management and Sourcing. In this role, Waterson will oversee lululemon's Merchandise Management, Global Production, Community Legacies and Visual Merchandising. Waterso
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