West Marine, Inc. recorded a 4.9% decrease in fourth quarter net sales to $117.8 million from $123.8 million for the year-ago period. The company attributed the sales decline to a $4.2 million decrease in sales attributable to closed stores and a $2.9 mil
Category: Outdoor
Luxottica Expects 7.1% Revenue Growth for 2007
In an interview with Italy's financial daily Il Sole 24 Ore, Andrea Guerra, CEO of Luxottica Group S.p.A., commented that fiscal year 2007 will be another record year for the Group. Mr. Guerra indicated that Luxottica will close the year with nearly
NGF: Nov. Golf Rounds Decline…
The National Golf Foundation reports that the month of November proved to be tough for the nation’s golf courses as rounds played decreased 3.8% compared to the same month in 2006. The decrease in November brought year-to-date rounds played down to level
Hibbett Sports Lowers Q4 Guidance on Comps Decline
Hibbett Sports, Inc. expects to report a mid-single-digit comparable store sales decrease for the fourth quarter. Earnings per diluted share for the fiscal fourth quarter are expected to be approximately 20 cents to 26 cents compared with 39 cents in the
Delta Ups Q2 Estimates, Affirms FY ’08 Forecast
Delta Apparel, Inc. upped its sales guidance and lowered its estimate of losses for the second quarter ended Dec. 29, 2007 and affirmed its fiscal 2008 sales forecast. The company said a new textile plant in Honduras was on schedule and that it was penetr
EMS Names Vet as General Merchandise Manager
Eastern Mountain Sports, which is poised for its biggest store expansion in years, has named a 20-year veteran as VP, general merchandise manager. Ted Manning, will work closely with CEO Will Manzer and gear and apparel merchandise teams to oversee the bu
Buck Knives Taps Gerber Exec
Buck Knives has hired the former category/channel manager from competitor Gerber Legendary Blades as its new director of product develpment. Gil Butler will play a key role in extending the Buck brand into new product segments. Gerber has had success putt
RECALL: Cannondale Scalpel Mountain Bikes
Cannondale and the CPSC issued a recall of about 150 Cannondale 2008 “Scalpel” mountain bikes. According to a statement, the frame can break while in use, causing the rider to lose control and suffer injuries from a fall or collision. The firm has receiv
Forzani Names President, Corporate and Franchise
The Forzani Group Ltd. has named Tom Quinn as president for both the corporate and franchise businesses. Quinn joined the Forzani Group in 1994 and most recently held the title of president, franchise. In his newly expanded role, Quinn will be responsible
Luxottica Expects 7.1% Revenue Growth for 2007
In an interview with Italy's financial daily Il Sole 24 Ore, Andrea Guerra, CEO of Luxottica Group S.p.A., commented that fiscal year 2007 will be another record year for the Group. Mr. Guerra indicated that Luxottica will close the year with nearly
Hi-Tec Names Global MTO Product Manager
Global sports brand HI-TEC SPORTS has appointed Mark Cooper as global MTO product manager. With over 21 years of industry experience in sales and product development, Cooper has worked for numerous brands including Adidas UK, Ascot, Patrick UK and Dunlop
New Balance Promotes Preston to EVP – Int’l
New Balance has promoted Joe Preston to executive vice president, international. Preston, a New Balance associate since 1995, began his New Balance career as Senior Product Manager – Running and Custom Products, before moving on to lead the Dunham brand i
NSGA: Athletic Footwear ASP Rises 2.1% in 2007
According to preliminary data from the NSGA's “Sporting Goods Market in 2008,” the average price point for athletic footwear in 2007 rose 2.1% to $43.03 from 2006. In 2006, the average price rose to $42.16 (+3.4%) from $40.78 in 2005…
Seth Horowitz Joins Modell’s
Seth Horowitz, former chairman, CEO and president of Everlast, will take over as executive VP-merchandise, advertising, marketing, planning and allocation of Modell’s Sporting Goods, effective January 14. He reports to CEO and president, Mitchell Modell..
West Marine Sees 3.0% Q4 Comps Slide; To Miss 2007 Forecast
West Marine, Inc. recorded a 4.9% decrease in fourth quarter net sales to $117.8 million from $123.8 million for the year-ago period. Comparable store sales for the fourth quarter decreased 3.0%. The company said several accounting issues as well as lower
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal