Brunswick Corporation quarterly results continue to reflect the difficult economic conditions as the company reported net sales for the second quarter of 2009 were $718.3 million, down 52% from $1.49 billion a year earlier…
Category: Footwear
Confluence Opens Accessories Division
Confluence Watersports is creating an independent Accessories Division which will include the Harmony and Adventure Technology brands. To lead this new division, Chris Pageau has recently been hired as general manager. In addition, the Adventure Technolog
Warne Scopes Mounts Announces Purchase of Bold Ideas
Warne Manufacturing, manufacturer of steel scope rings and bases as well as OEM components and assemblies for other companies, announced the acquisition of the aluminum products manufacturing facility Bold Ideas…
Study: Injuries Rising in Gym Class
Injuries to American children during physical education classes increased by 150% from 1997-2007, according to a new study from the McKenzie of Nationwide Children's Hospital in Columbus, Ohio…
Sportsman’s Warehouse to Emerge from Bankruptcy
Sportsman’s Warehouse, Inc. announced that the U.S. Bankruptcy Court for the District of Delaware has confirmed its Plan of Reorganization sponsored by an affiliate of Seidler Equity Partners, a private equity firm based in Southern California. The compan
i.e. Distribution Reaches Footwear Licensing Agreement for DADA
i.e. distribution reached a license agreement to produce and distribute DADA Footwear and DADA Supreme Footwear for North America. i.e. distribution is the world wide distributor and owner of World Industries, a 21 year old skateboard, footwear and access
Converse Nears $1 Billion Mark; Other Nike 10-K Notes
Converse widened its gap over the other brands in the Nike, Inc. subsidiary portfolio for the fiscal year ended May 31 and looks to be poised to reach the billion dollar mark in the current year. Converse posted a 12.6% increase in revenues for the fisca
Under Armour Beats Street Expectations in Q2, but Look Ahead Concerns Some
Under Armour, Inc. beat street expectations for the second quarter and provided full-year guidance that exceeds the estimates of analysts, but acknowledgement that the business growth will slow in the second half and moves to increase reserves to sell off
Golfsmith Q2 Promotions Fall Short of Mission
Golfsmith International Holdings, Inc. net income fell in the second quarter of 2009 as increased promotional activity failed to drive consumer spending as much the retailer expected. Second quarter revenues slid 11.7% to $114.8 million from $130.0 milli
Callaway Golf Sees Second Quarter Net Income Plummet of Margin Pressure
Callaway Golf continues to feel the impact of a sluggish golf industry as net sales fell 17% and profits tumbled 82.5% compared to the second quarter last year. The company attributed the drop in sales to challenging market conditions during the first hal
Orange 21 Announces Board Changes
Orange 21 Inc., the parent of Spy 21, announced that Theodore Roth has resigned from its Board of Directors. Stephen Roseman was appointed to fill the vacancy…
Polartec Creates Athlete Advisory Board
Polartec, LLC, the developer of Polartec performance fabrics, has created a new athlete advisory board. The diverse, international group of world-class climbers, skiers, alpinists, cyclists, adventure racers and multi-sport athletes will test product yea
Brunswick Q2 Sales Plummet on Sinking Engine, Boat Sales
Brunswick Corporation reported net sales for the second quarter of 2009 were $718.3 million, down from $1,485.4 million a year earlier. For the quarter, the company reported an operating loss of $145.4 million, which included $35.5 million of restructurin
West Marine Q2 Sales Slip 5%; Earnings Up
West Marine reported net revenues for the thirteen weeks ended July 4, 2009 were $215.4 million, a 5.0% decrease compared to net revenues of $226.7 million for the thirteen weeks ended June 28, 2008. Comparable store sales declined 1.0% versus the same pe
Sport Supply Group Acquires Team Sports Assets of Har-Bell Athletic Goods
Sport Supply Group, Inc. said it has acquired certain team sports assets from Har-Bell Athletic Goods of Springfield, MO. Bryan Tucker, Owner of Har-Bell, will be employed by SSG as will his existing sales force in Missouri. Sport Supply did not assume an
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