Adidas Group saw declines in all segments of its business with the exception of TaylorMade-adidas Golf in the second quarter, but the increase in TMaG saw its improvement due to the inclusion of the Ashworth business this year. In sharp contrast to last
Category: Apparel
Field Logic Promotes Weinkauf to EVP and CMO
Field Logic, the maker of the Block, the GlenDel Buck and Rage expandable broadheads, has promoted Mike Weinkauf to the position of executive vice president and CMO, effective immediately…
Iconix Gets Sport Brands Boost at Wal-Mart
Helped by a good reception of OP, Starter, and Danskin Now as well as exclusives at Wal-Mart, Iconix Brand Group's revenues climbed 9% in Q2 to $56.4 million from $51.7 million in Q2 last year…
Big 5 Sees First Comp Gain in Six Quarters
Big 5 Sporting Goods reported a better-than-expected quarterly profit on tighter cost control and forecast third-quarter profit above Wall Street expectations. The Q209 comp gain reversed six straight quarters of comp declines…
Sport Chalet’s Fiscal First Quarter Sales Down on 14.7% Comp Sales Decline
Sport Chalet, Inc. saw sales decrease 8.9% to $79.4 million for the first quarter of fiscal 2010 from $87.1 million a year ago. Comps tumbled 14.7%. The net loss was narrowed to $3.0 million, or 21 cents per share, compared to a loss of $4.5 million, or 3
EMS Sees New Financing Fueling Future Growth
Eastern Mountain Sports sees opportunities in the current recession and has closed on new financing totaling $50 million and a new, larger senior credit facility to help facilitate growth over the next few years. The new influx in equity from its existin
The END of the Road
In a release late Friday after press time, LaCrosse Footwear, Inc. said it had made a strategic decision to discontinue END Footwear (Environmentally Neutral Design) as a stand-alone outdoor and running brand. The release indicates that LaCrosse plans to
SEC Seeks More Than $22 Million from Former Kmart CEO
The Securities and Exchange Commission is seeking more than $22 million from the former CEO of Kmart Corp., Charles Conaway, for “intentionally lying” to Wall Street and concealing information from Kmart directors prior to its bankruptcy filing in 2002…
Weather Helps and Hurts Second Outdoor Sales
As consumers and analysts feel like they are beginning to see the end of the recession, spending on outdoor footwear, apparel and equipment seems to be turning around. Like many metrics recently cited by economists, the retail point-of-sale data compiled
Liberal Season Proposed for Upcoming Late Waterfowl Season
U.S. Fish and Wildlife Service today proposed continuation of liberal hunting season lengths for the upcoming 2009-2010 late waterfowl seasons, according to a release. Duck hunting season lengths would be 60 days in both the Atlantic and Mississippi Flywa
Sportsmen Urge Congress to Renew Their Commitment to Conservation in Highway Bill
With President Obama’s signing of the $7 billion short-term extension of the Surface Transportation Authorization Act on Friday, Aug. 7, the Theodore Roosevelt Conservation Partnership calls for an increase in conservation-related policies and funding as
Delta Waterfowl: Hunter Numbers Not as Bad as they Appear
Several anti-hunting groups were quick to take credit when news of declining hunter numbers broke, but a closer look at the data suggests the numbers are more reflective of changing demographics than changing attitudes, said a release by Delta Waterfowl..
GSI Commerce to Offer 1.8 Million Shares of Common Stock
GSI Commerce Inc. announced a registered public offering of 1,811,150 shares of common stock to be sold by the company and 8,188,850 shares of common stock to be sold by selling stockholders…
Neiman Marcus Comps Drop 27.3% in July
Neiman Marcus, Inc. announced the preliminary company-wide revenues for July 2009. The Company’s fiscal year 2008 ended on August 2, 2008, which included a fifty-third week…
Report: Governor Signs One-Gun-A-Month Bill
Governor Jon Corzine (D-NJ) signed Assembly Bill 339/Senate Bill 1774 into law on Thursday, according to a release by the National Rifle Association.