Big 5 Sporting Goods' Q3 earnings surged 77.8% due to a combination of improving sales, slightly better merchandising margins and lower expenses. The 1.6% comp decline represented its second straight quarterly gain and its strongest comp since the Q4
Category: Outdoor
Amazon Closes Zappos Acquisition
Amazon.com, Inc. completed its acquisition of Zappos.com. Thanks to an increase in Amazon's stock price, Amazon will pay $1.2 billion, or $117.40 a share, for the business, up from $928 million when the deal was first announced on July 22. As expect
Mountain Equipment Co-op Introduces MEC Bikes
Mountain Equipment Co-op (MEC) unveiled its inaugural line of bicycles, online at www.mec.ca/bikes. The collection includes eleven styles in four categories – mountain, road, specialty and urban. Three are available in frames that are specifically designe
ATK Receives $93 Million in Orders for Additional Small-Caliber Ammunition
Alliant Techsystems said it has received an additional $93 million in orders for small caliber ammunition from the U.S. Army Sustainment Command in Rock Island, Ill…
Mattingly Sports Launches Pitching Machine
Mattingly Sports, the baseball and softball equipment company, announced the launch of its new Mattingly “Hit Man” Pitching Machine…
OBIT: Tews Two Sportng Goods Edward Lemke
Edward E. “Jiffy Ed” Lemke, owner of Tews Two Sporting Goods hunt & fish store in Oshkosh, WI, passed away peacefully at his home on Nov. 6, 2009, according to The Post Crescent. He was 71…
Wallenfels Exits Mountain Hardwear for Timbuk2
Mountain Hardwear Inc., a division of Columbia Sportswear Co., named Kirk Richardson to serve as interim president while the company conducts a search for a permanent replacement for co-founder and president Mike Wallenfels, who has resigned to become CEO
Saks Comps Edge Up 0.7%
Saks Inc. announced that owned sales totaled $219.8 million for the four weeks ended Oct. 31, compared to $216.0 million a year ago, a 1.8% increase. Comparable store sales increased 0.7% for the month…
Neiman Marcus Reports 6% Same-Store Decline
Neiman Marcus, Inc. reported comparable-store sales in October declined 6%. Total sales were down 4.2% to $274 million…
IZOD Named Title Sponsor of IndyCar Series
Phillips-Van Heusen Corp. announced a multi-year agreement in principle with the Indy Racing League (IRL), the sanctioning body for the IndyCar Series, for its IZOD brand to become the title sponsor of the newly renamed IZOD IndyCar Series…
Cabela’s and FLW Outdoors Form Major Partnership
Cabela's has formed a major partnership across all platforms of FLW Outdoors and its 189 tournaments, including a significant contingency award program. Terms of the agreement were not disclosed…
DSM Dyneema and Pure Fishing Form Strategic Agreement
DSM Dyneema and Pure Fishing announced today the signing of a new global strategic agreement that will strengthen and increase their joint commitment to the research and development, marketing and sales of high performance fishing lines made with Dyneema.
Urban Outfitters Third Quarter Comps Dip 2%
Urban Outfitters reported that total company net sales increased by 6% to $506 million for the fiscal third quarter versus the same quarter last year. Total company comparable store net sales declined 2%. Direct-to-consumer net sales jumped 21% and whole
Brooks Sports Earns Two Industry Awards
Brooks Sports, Inc. announced that two of its newest footwear styles have been honored by Runner’s World magazine. In the December 2009 issue, on newsstands as of November 3, Brooks’ Adrenaline™ GTS 10 is crowned “Best Update” and
Bon-Ton Logs 3.1% October Comp Gain
The Bon-Ton Stores, Inc. announced comparable store sales for the four weeks ended October 31 increased 3.1% compared with the prior year period. Total sales for the four weeks increased 2.5% to $224.0 million compared with $218.4 million for the prior ye
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