Genesco, Inc. described the fourth quarter as “choppy,” with the early part of the quarter described as “weak” until a few days before Christmas. Sales then reportedly accelerated through early January, then softened dramatically again. GCO ended the q
Category: Apparel
Joe’s Sports and Outdoors Forced into Sale After Bankruptcy Filing
Joe's Sports, Outdoors & More, the Northwest retailer formerly known as G.I. Joe's, has filed for Chapter 11 bankruptcy protection. Initial reports indicated that the retailer, which filed under G.I. Joe’s Holding Corporation and G.I. Joe’s, Inc
NGF: January Rounds Played Up 8.6%
The Golf Datatech National Golf Rounds Played Report showed that in January, golf rounds played varied vastly between regions, with participation in the East North Central, New England, Mid-Atlantic and South Atlantic regions decreasing and participation
Personnel Moves Throughout the Industry
With unemployment rates continuing to rise, the hiring of new personnel throughout the sporting goods industry paints a slightly more positive picture in a time of need…
West Marine Closes Year With Net Loss on Comps Slide
West Marine closed out a difficult fiscal year with a tough fourth quarter. The macro economic situation has definitely not favored the retailer as the summer months spent with extremely high gas prices crimped boating and boating sales, while the slower
McDavid Sues Adidas for Patent Infringement
On February 24, 2009, McDavid Knee Guard, Inc. filed a patent infringement lawsuit against Adidas Sales Inc. In a suit filed in the U.S. District Court for the Northern District of Illinois, McDavid claims that Adidas infringed by importing into the U.S.
Paddlesports Retailers See Tough Season Ahead
Paddlesports season is almost upon us and it appears retailers are approaching the season with both concern and enthusiasm — depending on which end of the market they serve. Based on numerous conversations with retailers and vendors, the season will star
Accell Group Profit Jumps 17%
Accell Group posted a 17.0% growth in profits in 2008 due to strong sales of bicycles, a better product mix and the acquisition of Ghost. The Dutch bicycle and fitness company reported profits of €28.6 million ($36.0 mm) compared with €24.4 million ($30.7
OR Cuts Open Air Demo to One Day
Outdoor Retailer has decreased the duration of its 2009 Summer Market Open Air Demo from two days to one. This year's Open Air Demo will take place at Pineview Reservoir (near Odgen, UT) on Monday, July 20, 2009, prior to OR Summer Market's indo
LaCrosse Footwear Renews Credit Facility
LaCrosse Footwear, Inc. announced that Wells Fargo & Co. has extended LaCrosse's three-year Line of Credit Agreement, providing the same borrowing levels as the prior three-year agreement. The new Line of Credit Agreement is effective March 1, 2009 t
Sport Footwear Sees Dramatic Positive Turn in February
Retail sales of Sport Footwear bounced back in a big way to start the 2009 retail fiscal year after posting sluggish results in the 2008 fiscal fourth quarter ended January 31, 2009. For the four-week fiscal month of February, sales of Sport Footwear, wh
John F. Lundgren Named to Board of Directors at Callaway
Callaway Golf Company announced that John F. Lundgren has been appointed to the company's board of directors. He will begin serving immediately and will stand for election for a full one-year term at the company's 2009 annual meeting of sharehol
SGMA Seeks $100 million in PEP Support
A delegation met on March 4th with members of Congress in Washington, D.C. to talk about what can be done to ‘Get America Moving’ as part of the 10th Annual National Health Through Fitness Day. The group included one Heisman Trophy winner; three Olympic g
Newton Running Names President
Newton Running appointed Stephen Gartside as the company’s president. Gartside will run the day-to-day global operations of Newton Running, based in Boulder, and work closely with Newton’s founders, Danny Abshire and Jerry Lee. Gartside has more than 20 y
Adidas Meets ’08 Goals, Expects Decline In ’09
Adidas AG said Wednesday that fourth-quarter net profit more than doubled, thanks to lower taxes and marketing costs, but warned that sales and profit are likely to fall this year. Backlogs on a currency-neutral basis were down 6% for the adidas brand and
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