Element 21 Golf Company, a manufacturer of advanced Scandium Alloy golf and biofiber fishing equipment, reported revenues of $4.0 million for fiscal 2009, an increase of 218% compared to revenue of $1.8 million for fiscal 2008. The company said the increa
Category: Outdoor
Mast General Store Eyes Adding Store in Downtown Columbia, SC
The Mast General Store has purchased the Lourie's Building on Main Street in downtown Columbia, SC. The potential store would mark its second location in South Carolina and its tenth location…
SG Footwear Acquires Rugged Shark
SG Footwear has acquired all the assets, trademarks, and registrations of the Rugged Shark brand from Gordon Brothers LLC. Rugged Shark, a marine and fishing footwear brand, was founded in 2001. Terms were not disclosed…
Pacific Sunwear Q3 Sales Down 17%; Loss Widens
Pacific Sunwear of California, Inc. announced that net sales for the third quarter of fiscal 2009 ended Oct. 31 were $268 million versus net sales from continuing operations of $324 million a year earlier. Same-store sales decreased 18%. The net loss grew
Industry Execs Provide Outlook for Year Ahead
While it appears that the U.S. downturn may be bottoming out and the recession declared “over,” the sporting goods industry isn't looking for strong recovery in 2010. Despite some healthier sales over the back-to-school season and early c
Best Buy Testing Fitness Equipment Departments
Best Buy last week launched a test of fitness equipment departments in 40 of its 1,040 stores. Stores in Arizona, Colorado, Iowa, Maryland, Massachusetts, Nebraska, New Mexico and Texas began selling pedometers, special MP3 players, yoga mats, scales and
Berkshire Apparel Unit Sees Q3 Declines
Manufacturing segment, which includes Fruit of the Loom, Russell, Bike Athletic, Spalding and Brooks Sports, slid 12.9% to $3.24 billion from $3.72 billion in the year-ago period. Pre-tax earnings for the segment were $293 million, a decrease of $185 mil
Asics Corp. Q2 Sales Fall 10.2%
Asics Corporation posted a 10.8% decrease in revenues for the fiscal second quarter ended September 30. Total consolidated worldwide revenues were ¥110.8 billion ($1.18 bn), compared to ¥124.2 billion ($1.23 bn) in the year-ago quarter…
TSA Hires Chief Marketing Officer and Chief Strategy Officer
The Sports Authority appointed industry veteran Jeffrey Schumacher to oversee all marketing, advertising, private brand strategy, digital/eCommerce, corporate and business development strategy. Schumacher, who currently serves as a partner in McKinsey & C
Everlast Signs Six Global Licensing Deals
Everlast Worldwide, Inc. announced the signing of six new licensing partnership agreements – Donleigh Sports, Leading Brands Inc, Vintage Sports Limited, Brands & Fashion NV, First Sports Marketing Ltd., and Baroody Group. The partnerships serve to exten
Head NV Q3 Racquet Gains Offset Winter Sports Weakness
Head N.V. reported that net revenues were down 1.0% to €92.2 million ($132 mm) for the three months ended September 30 from €93.1 million ($140 mm) in the year-ago period. The decrease was said to be due to decreased sales volumes in Winter S
West Marine Expands Board of Directors
The West Marine board of directors resolved to expand the board to eight members and, upon the recommendation of the governance and compensation committee, appointed Barbara L. Rambo to fill the vacancy thus created…
Macy’s Posts Q3 Loss, Raises FY09 Sales and Earnings Guidance
Macy's, Inc. reported improved third quarter results that exceeded the company's expectations for same-store sales, gross margin, earnings and cash flow…
Trek to Distibute Honey Stinger to IBD Channel
Trek Distribution has reached an agreement to distribute Honey Stinger energy gels and bars to the independent bike dealer channel…
Dick’s SG Names Chief Accounting Officer
Dick's Sporting Goods, Inc. said in a Securities & Exchange Commission filing that effective Nov. 8, Joseph R. Oliver assumed the title of SVP, chief accounting officer and controller. Prior to this appointment, Oliver had been employed by the compan
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