TJX Cos Inc., after long contemplating such a move, is looking to sell its Bob's Stores division, according to Bloomberg News. Potential buyers include Philadelphia-based private equity firm Versa Capital management, the business newswire said. TJX
Category: Outdoor
Puma Gets Boost Across Regions
Puma's sales during the second quarter rose 6.3% to €577 million euros ($905.3 million) from €542.8 million ($852 million), and rose 11.2% on a currency-neutral basis, according to the quarterly report of its parent, PPR SA…
JJB Sports Posts 1.2% Q2 Comp Decline
JJB Sports said like-for-like sales in the 12 weeks ended July 20 were down 1.2% year-on-year. The sports retail and health clubs group, based in the U.K., said this consists of a 2% fall in its 409 retail stores and a 5.9% increase for its 49 health club
New Balance Partners with Nine West on Shoe Line
Nine West Group, a division of Jones Apparel Group, Inc. and New Balance announced that they have entered into an agreement to license, create and distribute a fashion-lifestyle footwear collection. Terms of the agreement were not disclosed…
The Hero of Malden Mills to Debut Alpaca Line
Aaron Feuerstein LLC will debut a new line of alpaca athletic and fashion socks, hats and scarves under the brand Alpaca’s Finest at the Outdoor Retailer Summer Market in Salt Lake City next month. Feuerstein and son Daniel are positioning alpaca as supe
SportsOneSource Sees Growth Returning to Sport Footwear
The SportsOneSource Group expects to see the Sport Footwear business in the U.S. market grow in low-single-digits for 2008, according to statements made during the WSA Show in Las Vegas, NV. James Hartford, chief market analyst for the business informatio
High-end Bike Sales Boost Accell’s Sales and Margins
Accell Group N.V. said revenues grew by 11% and profits by 20% in the first half of 2008 due to sales of higher end bicycles and its acquisition of Ghost Mountainbikes. Revenues reached €306 million ($467.9mm), thanks to organic growth of 6%, down from 10
Running Footwear Category Definitions Shifting
For decades, performance running shoe makers have segmented their product lines into distinct categories, effectively divided between stability, cushioning and motion control. Today, however, market forces are blurring those traditional definitions as inn
West Marine Q2 Comps Slip
West Marine, Inc. reported sales reached $226.7 million for the fiscal second quarter, down 8.2 % from net sales of $247.1 million for the same period in 2007. Comparable store sales also declined 7.8% compared with the same period a year ago…
“I Will” Campaign to Launch at OR Summer Market
The Outdoor Foundation is challenging members of the outdoor sporting goods industry to sign a pledge at the OR Summer Market next month in which they promise to take two kids outside at least once in the next year to promote outdoor recreation…
FEW New Zealand Names Sales Manager
FEW New Zealand, a lifestyle apparel brand for men and women, has named Fran Frost global sales manager…
Dick’s Receives Grant for New HQ
Alleghany County’s Redevelopment Authority has approved a request by Dick’s Sporting Goods for a $7.25 million grant to be used for infrastructure work on its new headquarters, reported The Philadelphia Inquirer. The grant money will be used for roads, se
Ogden Offers $40K to Lure Outdoor Ventures
Ogden City, Utah is accepting entries for its inaugural “Concept to Company” contest, which aims to attract new product ideas and new companies to Ogden’s burgeoning outdoor recreation business environment. The contest is open to any Utah-based inventor o
Brunswick Posts Q2 Loss on Charges
Brunswick Corporation reported a net loss of $6.0 million, or 7 cents per diluted share, for the second quarter, compared with net earnings of $56.9 million, or 63 cents per diluted share, from continuing operations for the same period last year. The seco
NSGA: West North Central Region Spend Most Per Capita on Sports Equipment
Using indices developed from the National Sporting Goods Association’s Sporting Goods Market report, residents in the West North Central (WNC) census region spent the most per consumer on sports equipment in 2007. With an index of 143, the WNC region (IA,
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