Hibbett Sports, Inc. announced the promotion of Jeff Rosenthal, the company's vice president of merchandising, to president and chief operating officer, effective immediately. Rosenthal has been involved in the industry since 1981…
Category: Footwear
Easton Sports Named Play It Again Sports’ Vendor of the Year
Easton Sports has been named Play It Again Sports' 2008 ‘Vendor of the Year’ in baseball/softball. The award was voted on by PIAS member stores and is based on profitability, delivery, customer service, representative service, marketing support and c
Danskin to Close Plant/Distribution Center
Triumph Apparel Corp, formerly Danskin Inc., will shut down its manufacturing plant and distribution center in York, PA, affecting 226 jobs. In a statement, Triumph Apparel said it had tried but failed to find an investor or partner that could provide fin
John Shanley Loses Battle with Cancer
John Shanley, 65, veteran footwear and retail research analyst at Susquehanna International Group, passed away last Sunday, after battling with bladder cancer for more than four years. Shanley had twenty-five plus years of experience within the footwear a
PROBAR Moves to Salt Lake City
PROBAR has said it will be relocating from the Park City area to a new and larger facility in Salt Lake City this month. Effective Feb. 16, 2009, PROBAR will call 4752 West California Ave, Suite 1000, Salt Lake City, their new home. During the transition
Rapper Tasered at Reebok NBA Party
A number of hip-hop websites and blogs are reporting that Cleveland rapper Kid Cudi had gotten into a verbal altercation with Reebok employees at a company NBA All-Star party, which then escalated into a physical fight in which Cudi was tasered by police.
VF Corp Sees Outdoor and Action Sports Stand Out in Tough Fourth Quarter
Driven by strong growth for The North Face and Vans, VF Corp's Outdoor and Action Sports coalition delivered healthy sales and earnings gains in the fourth quarter. But gains at those brands were not enough to offset weakness at the company's ot
Product Recalls
Dick's Sporting Goods Inc. is recalling about 6,700 Field & Stream dual burner propane-fueled camp stoves that might produce higher-than-expected flames, or ignite unexpectedly, according to the Consumer Product Safety Commission…
Sport Supply Fiscal Q2 Income Up Triple-Digits
Revenues for Sport Supply Group slipped slightly for the second quarter ended December 31, but the company sustained growth for the front half of fiscal 2009, with top-line growth hovering around 2% for the period…
Sport Chalet Fiscal Q3 Sales Decline 10.3%
Sport Chalet Inc. reported a double-digits decline in sales for the third quarter ended December 28, due primarily to the nation’s economic downturn that led to a much wider net loss for the period…
Adrenalina Launches Board Fight at Pacific Sunwear…
Adrenalina, which has made multiple bids to acquire Pacific Sunwear of California, has nominated a four-member slate to PacSun's board and called for the resignation of PacSun's CEO. In a letter dated Feb. 12, Ilia Lekach, chief executive of Adr
Cybex Posts Fourth Quarter Loss After Charge
Cybex International, Inc., reported a fourth quarter decline in sales and expects first quarter 2009 results to be similar due to the current “general economic conditions.”..
Gildan’s Q1 Earnings Tumble, Suspends Guidance
Gildan Activewear reported that fiscal first quarter net income tumbled 84.6% for the period ended January 4, primarily due to significantly lower unit sales volumes, combined with higher cotton and energy costs, and unfavorable product mix…
Asics Lowers Guidance Despite Solid Q3
Asics Corp. reported third quarter net sales of ¥60.42 billion ($628.9 mm), increasing 5.5% from net sales of ¥57.27 billion ($506.3 mm) last year. The company saw growth in both footwear and apparel more than offset a slight decline in equipment sales, b
Mizuno Lowers Outlook After Tough Q3
Mizuno Corp. had a difficult third quarter as continued softness in the global economy slowed sales and caused the company to lower its guidance for the fiscal year that ends at the end of March. The company now anticipates reporting a net loss for the fi
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