Outdoor | Page 1020 | SGB Media Online

Container Lines Waffle on Port Congestion Surcharges

November 22, 2014 SGB Update

In the space of five days last week, ocean container lines announced, suspended and then reimposed surcharges of up to $1,000 for every container imported through West Coast ports in a sign that chronic congestion at those ports is worsening. The waffling

Gluskin Townley Survey Shows Adult Bike Market Facing Tough Headwinds

November 22, 2014 SGB Update

A recently released report shows that while adult bicycle ownership increased by 648,000 people, or 2.6 percent from 2012 to 2014 in the United States, cyclists cut their visits to bike shops and intent to buy bikes dramatically during the period. While t

FiveFingers Lawsuit Draws More Than 150,000 Claims

November 21, 2014 SGB Update

According to court documents, 154,927 claims were received in the class action suit against Vibram USA, representing 279,570 pairs of FiveFingers. The lawsuit, filed two years ago and recently settled, alleged Vibram used unsubstantiated claims about the

Perry Ellis Dismisses Buyout Talk

November 21, 2014 SGB Update

Perry Ellis International, the parent of several major golf brands and the Nike swim licensee, showed progress in its turnaround efforts, slashing its loss in the third quarter amid continued sluggish sales. But the apparel conglomerate spent much of last

Billabong’s U.S. Business on the Rebound

November 21, 2014 SGB Update

At its annual meeting last week, Billabong International Ltd. said U.S. sales are returning to growth for its flagship brand, Billabong, and reaccelerating for RVCA. For the Billabong brand, wholesale sales in the U.S. for the fiscal first quarter ended S

Hibbett Sports’s Same-Store Sales Edge Up in Fiscal Third Quarter

November 21, 2014 SGB Update

Hibbett Sports Inc. reported net sales for the 13-week period ended Nov. 1, 2014, increased 5.0 percent to $218.3 million compared with $208.0 million for the 13-week period ended Nov. 2, 2013. Comparable store sales for the third quarter increased 0.6 pe

SIA’s On-Snow Demo to Host Race Benefit for Adaptive Sports

November 21, 2014 SGB Update

Retailers and others attending the 6th annual On-Snow Demo/Ski-Ride Fest & Nordic Demo after the 2015 SIA Snow Show next February are encouraged to register teams to compete in the Rhythm Rally, a banked slalom race to benefit Adaptive Action Sports (AAS)

Billabong and RVCA Sales Trends Improving in the U.S.

November 21, 2014 SGB Update

At its annual meeting, Billabong officials noted that Q1 wholesale sales for the Billabong brand in the U.S. grew 14 percent, representing a rebound for the brand in the region. In the fourth quarter ended June 30, wholesale sales in the U.S. were down 1

Intrawest CEO Resigns, Replaced by Investment Banker

November 21, 2014 SGB Update

Intrawest Resorts Holdings, Inc., which went public in February, announced its CEO had resigned for personal reasons and been replaced by investment banker Thomas F. Marano effective immediately…

Finish Line Unveils Tech Store in The Mall at Millenia

November 21, 2014 SGB Update

The Finish Line, Inc. announced the grand opening of its newly revamped store within The Mall at Millenia in Orlando to include an enhanced in-store experience and the addition of the latest Nike Track Club shop-in-shop. The brand will also host several e