Jimmy Jazz Opens First Store in Indiana

Jimmy Jazz, the urban apparel and footwear chain, will be opening its first store in Indiana on April 3rd in the Lafayette Square Mall, located in the capital of Indianapolis. Additionally, Jimmy Jazz said it is anticipating up to 20 new store openings be

Mammut Revenues Rise 8.8% in 2008

Mammut Sports Group increased sales by 8.8% to CHF192.6 ($171.3 million) last year. Without currency translation effects, growth would have reached double figures…

Report: Marc Ecko Hires Investment Firm

Marc Ecko Enterprises has hired investment bank Peter J. Solomon Co. to help refinance at least $170 million in debt owed to two key business partners, sources told The New York Post…

Report: Endorsements Most Important to Youth, Minorities

Athlete and celebrity endorsement dollars are best spent when targeting a younger or minority sports or outdoor consumer in the U.S. That conclusion is one element of the recent SportsOneSource 2009 Brand Strength Report that measures how American consum

Bearpaw Names Executive Vice President

After one year of working with Bearpaw on a contract basis, John Larkin has joined the company in a full-time capacity as executive vice president. Larkin will oversee sales, marketing, and product development. Bearpaw is one of the fastest growing footw

Under Armour CEO Misses ’08 Bonus

Under Armour, Inc. CEO Kevin Plank voluntarily cut his $500,000 salary to $26,000 last year, according to a filing with the Securities & Exchange Commission. When the company recently fell short of its targeted 2008 revenue of $775 million by nearly $50 m

Play It Again Sales Slide 6% in 2008

Play It Again achieved system-wide sales of $235 million in 2008, down 6% from sales of $250 million in 2007, according to the annual report of its parent Winmark Corp. Play It Again Sports contributed royalties and franchise fees of $9.8 million in 2008

Sportsman’s Warehouse Files for Bankruptcy Protection

Sportsman's Warehouse on Saturday filed for Chapter 11 bankruptcy protection, citing a liquidity crisis triggered by declining sales and the global economic slowdown. The company plans to sell the business or reorganize as “a smaller, viable chain of

McDavid and Hibbett to Sponsor Scout Combines

McDavid will be the presenting sponsor of the 2009 Scout Combines. The series of high school football events are set to take place in 13 cities across the country, including Atlanta, Austin, Chicago, Los Angeles, Pittsburgh, and San Francisco, and attract

Rottefella Closes Naxo AG

Rottefella AS, the manufacturer of bindings for Nordic skiing, will close Naxo AG, its wholly owned subsidiary that produces Naxo alpine-touring bindings. The move will allow Rottefella, based in Oslo, Norway, to refocus all of its resources on the Nordic