PHIT Legislation Could Provide Fitness Incentives

The SGMA sees great opportunity in a bill introduced by Congressman Jerry Weller (R-IL). Personal Health Investment Today (HR 5479) – known as PHIT – provides financial incentives for Americans to play sports, workout, and be physically active…

Cabela’s Refinance of Bonds Nets $53 million

Cabela's Incorporated refinanced a portion of its economic development bonds related to the company's Wheeling, West Virginia location. As a result, the company has received roughly $53 million dollars from the retirement of certain of those bon

NSGA Board Elects New Directors

The National Sporting Goods Association (NSGA) Board of Directors has elected officers to two-year terms that commence on June 1, 2006. Bruce Ullery, President & CEO of MC Sports was elected Chairman; Curt Munson, President of Playmakers will represent me

Stride Rite Names Independent Director to Board

The Stride Rite Corporation has announced the appointment of Mark J. Cocozza to the Company's Board of Directors effective as of May 25, 2006 pursuant to an agreement with a group of investors led by Barington Capital Group, L.P. Mr. Cocozza current

Teva Mountain Games Partners with Yahoo!

Beginning with a special preview package on May 30, Yahoo! will provide daily highlights from the Teva Mountain Games, which run from May 31 to June 4. Team coverage by Yahoo! will include daily text dispatches, photos and video features, which will run

Rocky Shoes and Boots Now Known as Rocky Brands

Rocky Shoes & Boots, Inc. has officially changed its name from Rocky Shoes & Boots, Inc. to Rocky Brands, Inc. The name change was approved by the Company's shareholders at its annual meeting on May 16, 2006, and became effective upon the company&#03

lucy Opens Two Chicago-Area Stores

lucy will open its third and fourth stores in Illinois over Memorial Day weekend. Set to debut on Friday, May 26 in Northbrook Court and Monday, May 29 in Oakbrook Center, each store creates a friendly, energized environment for lucy customers…

Sport-Haley Q3 Sales Up 5%; Shrinks Net Loss

Sport-Haley, Inc. net sales for the fiscal third quarter were $4.7 million, an increase of 5% from net sales of $4.5 millioni for the same quarter last year. Net sales of Ben Hogan apparel were $2.4 million for the quarter, an increase of 4% from net sale

Gap to Launch Direct Footwear Business

Gap Inc. plans to launch a new online footwear business through its e-commerce division, Gap Inc. Direct, featuring leading fashion brands for women, men and children. The new business is expected to go online in time for the 2006 holiday season with a br

Mossimo Q1 Revenues Fall 43.7% on Target Rebate

Mossimo, Inc. reported first quarter 2006 total net revenues of $4.9 million, down 43.7% from $8.7 million for the same period last year. The company reported a first quarter net loss of $1.17 million, which included a non-recurring charge of $6 million,

Shoe Carnival Posts Solid Q1 on Non-Athletic Gain…

Shoe Carnival, Inc. saw both footwear units and average selling price increase for the first quarterly reporting period in a long time on their way to posting the highest quarterly earnings ever recorded for the company. Comp store sales for the first qu

Orange 21’s Q1 Weighed Down by New Factory…

Orange 21 first quarter earnings were heavily impacted by the integration of its recently acquired factory, LEM, in Italy. In addition sales did not meet expectation due to delayed deliveries and manufacturing issues experienced at LEM. Net sales for the

True Temper Q1 Sales Slip; Net into Red

True Temper Sports, Inc. posted net sales for the first quarter were $31.7 million down slightly from $32.1 million recorded during the first quarter of 2005. Net income for the first quarter decreased approximately $0.4 million, to a net loss of $0.2 mil