Category: Footwear

Mizuno Lowers Outlook After Tough Q3

February 16, 2009 SGB Update

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

SEC Settles DKS Insider Trading Case

February 16, 2009 SGB Update

The U.S. Securities and Exchange Commission settled an insider trading case against four individuals, including the former vice president of real estate at Dick's Sporting Goods Inc., related to the DKS acquisition of Galyan's Trading Company in

WSA Show Can’t Live Up to Lowered Expectations

February 16, 2009 SGB Update

The WSA Show has rapidly devolved into a regional show once again – but the company that owns the show still has the floor space for a much bigger event. The empty aisles at the Sands Expo and Mandalay Bay had many wondering why show management had not c

REI 2008 Net Income Falls After Tougher Q4

February 16, 2009 SGB Update

REI said it plans to eliminate 61 full-time jobs, mostly at its Kent, WA headquarters and Sumner, WA distribution center, due to a “significant business slowdown in the final months of 2008 and continued projected weakness in 2009.”..

EORA Show Store Count Up as Companies Save Money

February 16, 2009 SGB Update

Many of the southeastern retailers who skipped OR Winter Market headed to Greenville, SC for the EORA/SWRA trade show this week. While most of these regional shows lack the big party atmosphere present in Salt Lake City, many vendors reported that more bu

Report: Online Sales Decline in Fourth Quarter

February 15, 2009 SGB Update

In releasing its retail e-commerce sales estimates for the fourth quarter, comScore, Inc. said that online retail spending declined 3% versus year ago, the first recorded quarter of negative growth since comScore began tracking e-commerce spending in 2001

Twins ’47/Banner ’47 Strengthens Sales Force

February 11, 2009 SGB Update

Twins '47 headwear and Banner '47 apparel, formerly Twins Enterprise, Inc., have added two key sales representatives to oversee key territories. The new reps will cover Illinois, Indiana, Michigan, Ohio and Wisconsin…

Cleveland Golf/Srixon Forms National Advisory Board

February 10, 2009 SGB Update

Cleveland Golf/Srixon has formed a new advisory board made up of some of the most influential names in the game of golf. This new advisory board’s principal role will be to offer guidance pertaining to all Cleveland Golf/Srixon brands. They will offer adv

Cybex Posts Loss After Charge

February 10, 2009 SGB Update

Cybex International, Inc. reported sales in the fourth quarter dropped to $39.3 million from $44.5 million a year ago. The company reported a net loss for the fourth quarter of 2008 of $10.9 million, including an $11.3 million goodwill impairment charge,

VF Corp. Reports Dip in Q4 Sales

February 10, 2009 SGB Update

VF Corporation said revenues for the fourth quarter fiscal 2009 decreased 2% to $1.91 billion, compared with $1.96 billion in the year ago period. The company said nearly all of the decline attributed to the effects of foreign currency translation…

Sport Supply Group Q2 Net Sales Slip 1.7%

February 10, 2009 SGB Update

Sport Supply Group, Inc. said net sales for earnings per share for its fiscal second quarter ending Dec. 31, 2008 were 4 cents per fully diluted share. Net sales for the quarter declined 1.7%. Commenting on the quarter and year-to-date Results, Adam Blume

National Golf Rounds Played Drops 6.8% in December

February 9, 2009 SGB Update

The Golf Datatech National Golf Rounds Played Report showed that in December, golf rounds played varied vastly between regions, with participation in the Pacific, Mountain, East North Central, South Atlantic and South Central regions decreasing and partic

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