Category: Sports/Fitness

BJ’s February Comps Remain Steady

March 4, 2009 SGB Update

BJ’s Wholesale Club, Inc. saw February 2009 sales increase by 2.4% to $670.0 million from $654.2 million in February 2008. On a comparable club basis, sales increased by 0.6% for the month of February 2009, including a negative impact from sales of gasoli

Brown Shoe Reports Fourth Quarter Loss

March 4, 2009 SGB Update

Brown Shoe Co. net sales decreased 8.8% in the fourth quarter to $521.0 million compared to $571.4 million in the year-ago quarter. The net loss totaled $153.0 million, or $3.68 per diluted share, inclusive of impairment of goodwill and intangible assets,

Broder Bros. Co. Hires Strategic Advisor

March 4, 2009 SGB Update

In light of the current market conditions, Broder Bros., Co. has retained Miller Buckfire & Co., LLC as its financial advisor and investment banker and Kirkland & Ellis LLP as special counsel as it explores its financing and strategic alternatives with re

Zumiez February Comps Fall 13.4%

March 4, 2009 SGB Update

Zumiez Inc. had comparable store sales decrease 13.4% for the four-week period ended Feb. 28, 2009, versus a comparable store sales decrease of 2.6% in the year ago period ended Mar. 1, 2008. Total net sales for the four-week period ended Feb. 28, 2009 in

Acushnet, Callaway Sue One Another for Patent Infringement

March 3, 2009 SGB Update

Acushnet Company, the golf business of Fortune Brands, Inc., and Callaway Golf Company have filed patent infringement lawsuits against one another. Acushnet asserts that Callaway’s Tour i and Tour ix golf balls infringe nine United States patents from Acu

Shock Doctor Beefs Up Management Team

March 3, 2009 SGB Update

Shock Doctor, Inc. named Steven Coopersmith as senior vice president of marketing and Andy Donahue as powersports sales manager. Coopersmith will lead all marketing efforts, in promoting the company’s brand on a worldwide basis. Donahue will helm the sa

Shock Doctor Beefs Up Management Team

March 3, 2009 SGB Update

Shock Doctor, Inc. named Steven Coopersmith as senior vice president of marketing and Andy Donahue as powersports sales manager. Coopersmith will lead all marketing efforts, in promoting the company's brand on a worldwide basis. Donahue will helm the

Pacific Brands Restructures As H1 Sales Dip 2.9%

March 3, 2009 SGB Update

Pacific Brands is implementing a new strategy – Pacific Brands 2010 – to restructure and sharpen the focus of the business. The company will discontinue some of its smaller labels and brands to reduce complexity and cost and divest some non-core businesse

Lacrosse Subsidiary Receives Army Order for $6.7 Million

March 3, 2009 SGB Update

LaCrosse Footwear, Inc. said its Danner subsidiary received a new $6.7 million delivery order from the U.S. Army for the Danner Combat Hiker boot. Danner anticipates delivering this order of the Combat Hiker boot beginning in April through August of this

RECALL: Bowflex Gyms

March 3, 2009 SGB Update

Nautilus Inc. is recalling a total of 78,000 Bowflex home gym systems because of safety concerns. The Consumer Product Safety Commission said the seat of the Bowflex Ultimate 2 Home Gym could fall unexpectedly and injure a user or bystander. The seat, whi

Berkshire Hathaway’s Apparel Earnings Down 34%

March 2, 2009 SGB Update

According to the just-released annual report from Berkshire Hathaway, pre-tax earnings in its apparel businesses declined 34% in 2008, primarily due to lower sales volume and costs incurred to consolidate certain operations of Russell and Vanity Fair Bran

Element 21 Cuts Operating Loss

February 23, 2009 SGB Update

Element 21 Golf Company generated fiscal Q2 revenue of $430,651, an increase of 168% compared to revenue of $255,801 in the same period in fiscal 2007…

1 … 1,432 1,433 1,434 1,435 1,436 … 1,493