The Surf Industry Manufacturers Association (SIMA) announced that the next SIMA Image Awards ceremony will be held in southern California in early 2011. For the past seven years, the annual awards ceremony has been held on the final night of Surf Summit e
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Heelys’ Q4 Revenue Sinks 26.9%
Heelys, Inc. reported fourth-quarter sales fell 26.9% to $11.4 million from $15.6 million a year ago. The company reported a net loss of $1.1 million, or 4 cents a share, versus a net loss of $5.2 million, or 19 cents, in the prior year…
Reebok Plans Marketing Campaign Around ZigTech
Reebok is planning a major marketing campaign including TV, print and online advertising around the launch of its ZigTech running and training shoe. ZigTech debuts at major retailers including Sport Chek, Foot Locker and Sports Experts on March 11…
Dick’s Posts Modest Q4 Earnings Rise on 2.5% Comp Gain
Dick's Sporting Goods, Inc. reported an 8.3% gain in fourth-quarter earnings. Sales increased by 10.7% to $1.3 billion due primarily to a 2.5% increase in comparable store sales, the opening of new stores and the addition of e-commerce sales. The 2.5
Dick’s SG Posts Modest Q4 Earnings Rise on 2.5% Comp Gain
Dick's Sporting Goods, Inc. reported an 8.3% gain in fourth-quarter earnings. Sales increased by 10.7% to $1.3 billion due primarily to a 2.5% increase in comparable store sales, the opening of new stores and the addition of e-commerce sales. The 2.5
Foot Locker Launches 5-Year Growth Plan, Looks to Increase Focus on Run and Apparel
Foot Locker Inc. announced a series to strategies to reach a goal of annual sales of $6 billion and net income margin of 5% over the next five years. At an analyst meeting, Ken C. Hicks, its new chairman and CEO, said the new strategy includes a increased
Stage Stores Q4 Profit Gains 10%
Stage Stores Inc. reported its fiscal fourth-quarter profit rose 10% to $27.9 million, or 72 cents, for the period ended Jan. 30, up from $25.3 million, or 67 cents per share, a year ago. Sales fell 5% to $431.7 million from $455.8 million…
Neiman Marcus Rebounds, Posts Profit
Neiman Marcus Group Inc. swung to a fiscal second-quarter profit after steep write-downs weighed on year-ago results. For the quarter ended Jan. 30, Neiman Marcus posted a profit of $4 million, compared with a year-earlier loss of $509.3 million. The year
Spyder Names Director of Marketing
After serving as Director of Marketing for nearly 20 years, Kathy Carroll has left Spyder to pursue new personal and career opportunities. Stepping into the position is Laura Wisner, who previously held the post of senior marketing manager…
SIA: Snow Market Flat In January
According to the SnowSports Industries America (SIA) Retail Audit Report, Snow Sports market sales reached $2.26 billion in January with a 0.4% gain in dollars sold compared with August through January last season. Significant declines in the West and Nor
Deuter USA Hires The Walton Works as PR Agency
Deuter USA has hired The Walton Works as their public relations connector effective immediately…
Craig Williams acquires Body Bar
Body Bar Inc. a premier fitness company specializing in products and educational tools for fitness enthusiasts of all ages and abilities, announced that Craig Williams has acquired Body Bar Inc., and will join the company as president, effective immediate
Yue Yuen’s Sales Grew 5.6% in February
Yue Yuen Industrial (Holdings) said operating revenue in February grew 5.6% to US $391.83 million, whereas its operating revenue was $371 million in the same month of 2009…
Forzani Named Official Partner of CJGA
The Canadian Junior Golf Association (CJGA) announced a three year partnership with The Forzani Group Ltd. as an Official Partner of the CJGA….
New Era Cap to Sponsor Pinstripe Bowl
New Era Cap Co. Inc. will be the title sponsor of the first-ever college football bowl game to be held at Yankee Stadium…