Sportsman's Warehouse CEO Stu Utgaard is vowing to steer his company through bankruptcy proceedings despite a number of other bankruptcies that have headed to liquidation, including Joe's Sports & Outdoors. The comments were made while speaking
Category: Footwear
Jarden Corp. Sees Q1 Above Wall Street Forecasts
Jarden Corp., the parent company of Coleman, K2, Marmot, Volkl and other outdoor brands, said it expects revenue for the first quarter of 2009 to be approximately $1.14 billion as compared to $1.22 billion in the prior year period…
OBIT: Dick Baker
Dick Baker, the longtime apparel and beach/surf apparel executive, passed away last week after a two-year battle with cancer. Baker is perhaps best known for reviving the Op (Ocean Pacific) label in the late 90’s until the brand was sold to Warnaco Group
Nautilus Goes After Counterfeiters
Nautilus, Inc. has filed suit against importer/distributor, SC Excel Technology, Inc. (dba Duro Fitness) of Montreal, Canada and obtained an Anton Piller order to enter its premises and seize counterfeit goods and relevant records. An Anton Piller order i
Gwen Manto Exits Dick’s SG
Gwen Manto left her role as EVP and chief merchandising officer of Dick's Sporting Goods, Inc., effective April 13. According to a filing with the SEC, DKS does not expect to replace her in this position but will instead realign its merchandising org
GLOCK Gets Big Boost from Handgun Sales Jump
With the 2009 fiscal year in the books, handgun manufacturer GLOCK, Inc. has announced a 36% increase in pistol sales over 2008 sales. Coming off five consecutive years of sustained growth, the company that focuses exclusively on semi-automatic handguns f
Smith and Wesson, USA Shooting Team Up
Smith & Wesson Corp., said the company will team up with USA Shooting to sponsor training clinics for top junior qualifiers as part of the National Junior Olympic Shooting Championships taking place April 15-20, 2009 in Colorado Springs, CO…
Former Dick’s Sporting Goods RE Exec Fined
The former senior vice president of real estate at Dick's Sporting Goods Inc., Joseph Queri, Jr. on Monday was fined for insider trading stemming from the sporting good chain's acquisition of Galyan's Trading Company, Inc. in 2004…
Broder Bros. Warns of Bankruptcy
Broder Bros. Co. warned that it will have to file for Chapter 11 bankruptcy unless it can exchange $225 million in existing debt for new debt and stock by mid-May. For each $1,000 in old notes paying 11.25 percent and due Oct. 15, 2010, the company said,
Block Corp. Files for Chapter 7 Bankruptcy Protection
Block Corp., which owns licenses for brands such as Izod, Panama Jack and Timberland, filed for Chapter 7 bankruptcy protection. In documents filed with U.S. Bankruptcy Court in the Southern District of New York, the company, which makes men's and ki
Outdoor Cap Named Official Headwear of USSSA
Outdoor Cap Company, Inc. entered into an agreement with the United States Specialty Sports Association on April 13, 2009 to become the official headwear supplier for USSSA…
Bakers Footwear Earnings Plunge in Q4, Comps up 3.6%
Bakers Footwear Group, Inc. reported net income for the quarter plunged to $0.5 million or 7 cents per share from $7.3 million, or $1.03 per share in last year's fourth quarter. Results for the prior year period included a gain of $4.8 million or 67
Adidas Extends Boston Marathon Sponsorship
The Boston Athletic Association, founders and organizers of the Boston Marathon, announced that they had extended their sponsorship arrangement with adidas through 2021. The B.A.A. and the Boston marathon have already been partners with adidas for the las
Outdoor Companies Honored on Best Places to Work List
Deckers Outdoor, Mountain Hardwear, Clif Bar, Smartwool and several other companies recently announced their inclusion in Outside Magazine's 2009 list of “Best Places to Work.” Deckers was ranked No. 26 out of 30 selected companies, while Mountain Ha
Gwen Manto Exits Dick’s Sporting Goods
Gwendolyn Manto has left her role as EVP and chief merchandising officer of Dick's Sporting Goods, Inc., effective April 13, 2009. According to a filing with the Securities & Exchange Commission, the retailer does not expect to replace her in this po
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