As part of a growing relationship with Dorel Industries Inc.’s Cannondale Sports Group (CSG), REI will begin carrying some higher end Schwinn bikes in 2009, REI Cycle Product Manager Brian Foley told The B.O.S.S. Report last week…
Category: Apparel
Trek Bicycle Sponsors New Women’s Triathlon Series
Trek Bicycle has signed on as title sponsor of a new women’s triathlon Series. The Trek Women’s Triathlon Series is targeting 12 cities for 2009 with more than 25,000 entrants anticipated. The Series is aimed at breaking down barriers for women athletes b
Brunswick Lays Off 115
Brunswick Corp. is moving production of Trophy offshore fishing boats from a Cumberland, MD, facility to Ashland City, TN, and eliminating 115 jobs in the process…
Yellowstone Club Files Chapter 11 Bankruptcy
The exclusive Yellowstone Club near Big Sky, MT, which offers “private powder” to its multimillionaire homeowners and resort guests, has filed for bankruptcy protection, according to multiple online reports…
Fox Shox Posts 30.8% Growth in Q3
Revenues at Fox Shox, which makes suspension and other components for mountain bikes and motorcycles, soared 30.8% to $43.3 million in the third quarter, as road bikers continued to shift to mountain bikes in the United States and Europe. The company is p
Aldila Q3 Sales Down 11%
In a season that has been largely forgettable for the golf industry as a whole, golf shaft manufacturer Aldila, Inc. reported its fifth consecutive quarter of declining sales, posting revenues of $11.8 million for the third quarter ended Sept. 30, an 11%
With Demand Dropping off Steeply, K-Swiss Warns of Fourth Quarter Loss…
With weakening backlogs and at-once orders, K-Swiss Inc. warned that fourth quarter results would show a loss ranging from 10 cents to 35 cents a share. Revenues are expected to range from $45 million to $60 million. That estimate compares with Q4 2007 ea
October Comps Decline Amid Tough Retail Environment
As the credit crisis continues to deepen and consumer confidence continues to wane, retail sales are feeling the pain. In October, only six of the retailers tracked in our monthly index posted comparable store sales growth over the year-ago period. All si
Weakness Prompts Pacific Sunwear and Zumiez to Cut Earnings Outlooks
Pacific Sunwear of California, Inc. reported that total PacSun sales for the fiscal October declined 9.6% to $69.3 million from $76.7 million a year ago. PacSun same-store sales decreased 11% during the same period. The retailer now expects to post a smal
Columbia Sportswear to Cut U.S. Staff by 4%
Columbia Sportswear Company announced a reduction in force that will affect approximately 75, or 4%, of its 1,800 U.S. employees…
Deal Signed for Boscov’s Purchase
Boscov’s Department Store LLC signed an asset purchase agreement for the sale of substantially all of its assets to a family group, reported DNR. The family group involved in the purchase is led by former Boscov chairman Albert Boscov and former president
Converse Makes Exclusive Line for JC Penney
Converse has agreed to create a signature performance basketball footwear line available exclusively at JCPenney featuring professional basketball star Elton Brand. The EB1 retails for $65 and began reaching stores on Nov. 1. The shoe will roll out in add
Weakening Direct Sales Hinders Golfsmith in Q3
Due to a significant drop-off in direct sales and stiffening competition in the golf retail industry, Golfsmith International Holdings, Inc. struggled to generate sales growth for the third quarter…
Fair Traders Pick Up 31 Seats in Congress
So-called “Fair Traders” have picked up a net increase of 31 seats in Congress, according to a report by Public Citizen's Global Trade. The report finds that Republicans have increasingly adopted fair trade platforms to fend off Democratic contenders
TaylorMade-adidas Golf Sees Putters Drive Strong Q3
Currency-neutral sales for the TaylorMade-adidas Golf business grew 12% to €197 million ($297 mm) in the third quarter from €190 million ($261 mm) in Q3 last year. When measured in euros, sales grew 3.7% for the third quarter. Management noted that the co
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