The U.S. Department of Education announced that PEP will receive $78.84 million in funding for fiscal 2011. That's just 0.2 percent less than the federal government approved in FY 2010. The Sporting Goods Manufacturers Association (SGMA) said the app
Category: Outdoor
Maurice Sporting Goods Co-Partners for Health and Fitness for Kids
Maurice Sporting Goods has partnered with Playground Entertainment Group, Inc., a global media and consumer products company, to introduce a line of “kid-sized” equipment and DVDs starting late 2011…
JC Penney 1Q Profit Rises 6.7 Percent
J.C. Penney Co.'s fiscal first-quarter earnings rose almost 7 percent. For the quarter ended April 30, Penney reported a profit of $64 million, or 28 cents a share, up from $60 million, or 25 cents a share, a year earlier…
Sport Footwear Average Selling Prices Hold Steady in April
Average selling prices for Sport Footwear rose nearly 2 percent to $54.33 for the fiscal month of April, the result of stronger basketball, lightweight running and natural/minimalist running, outdoor and training/fitness footwear sales for the month. The
Canadian Tire Corp. Q1 Retail Sales Up 3.7 Percent
Canadian Tire Corporation, Ltd, (CTC), which announced last week it's intent to acquire Forzani Group Ltd., reported consolidated retail sales increased 3.7% in the first quarter ended April 2, compared to Q1 2010 thanks to strong performance at its
FansEdge Parent Reports 42 Percent Surge in Q1 Revenues
Dreams, Inc. reported revenues in the first quarter, jumped 42% to $23.5 million. E-commerce revenues rose 52 percent to $16.8 million, largely driven by a 61% increase in the company's owned brands, led by www.FansEdge.com…
April Sport Footwear Sales Up Despite Toning Fall
The month of April was a bit surprising for sales of Sport Footwear products considering that the Easter business — which fell three weeks later this year than last year and moved back reporting by a month — barely materialized…
ActionVillage.com to Hold Foreclosure Sale
ActionVillage.com, once a leading paintball online retailer, is closing its doors and liquidating its complete inventory, according to a listing on the Chicago Tribune's website…
Merrell Barefoot Sell-in Wider than Expected; Parent Battles Higher Input Costs
Don Grimes, Wolverine World Wide's SVP and CFO, said last week his company's gross margins were up 30 basis points in the third quarter and the company continues to guide to flat gross margins…
VF Corp. Sees Higher Margin Business Growth Offsetting Higher Input Cost Pressure
Speaking at the Robert W. Baird & Co., Inc. Growth Stock Conference last week, Bob Shearer, VF Corp's SVP and CFO, said gross margins – excluding a special year-ago restricting charge – were down 50 basis points in its first quarter but nearly every
Brunswick Looks to Product Development, International Expansion for Growth
Speaking at the Bank of America Merrill Lynch Small & Mid Cap Conference last week, Brunswick Corp. CFO Peter Hamilton noted that the company has seen challenges from declining demand of new power boats, which have yielded to sales of used boats…
NE Footwear Looking at U.S. Manufacturing
New England Footwear, maker of GoLite Footwear, will receive funding as part of the Green Launching Pad, a joint venture between the state of New Hampshire and the University of New Hampshire designed to help bring new green technologies to market and cre
HanesBrands CFO to Resign
HanesBrands announced that Chief Financial Officer E. Lee Wyatt will resign effective June 30 and current Controller and Chief Accounting Officer Dale W. Boyles will serve as interim CFO while the company conducts a search to fill the position…
Interbike Returns as Sponsor of Providence, RI Show
Interbike is returning as the presenting sponsor of the Providence Cylo-Cross Festival in Rhode Island and is adding a retailer-only day to the three-day festival. The enhanced expo and trade event will enable brands a way to extend their brand visibility
Carl Zeiss Sports Optics to Distribute Hensoldt Line in the United States
Carl Zeiss Sports Optics is taking over distribution of the Hensoldt line of optics in the United States effective May 1, 2011. The Hensoldt line of riflescopes and other state-of-the-art optical instruments for military, law enforcement and civilian appl
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