SGB Executive Outdoor
Data Show Privately Held Sporting Goods Retailers Outperforming
Privately held sporting goods stores may be outperforming their publicly traded competitors, according to Sageworks, which compiles private company financial data to help private companies benchmark their performance…
Yue Yuen’s Casual/Outdoor Sales Outpace Athletic in First Half
Yue Yuen Industrial (Holdings) Limited, a major contract manufacturer for western shoe brands, reported total sales rose 1.4 percent for the six months ended June 30 to approximately $3.70 billion. Sales of athletic shoes and casual/outdoor shoes were up
SIA Releases Engaging Gen Y in Snow Sports Report
The SnowSports Industries America (SIA) research team has released its latest findings in the report called Engaging Gen Y in Snow Sports, which is the first in the Snow Sports Consumer Profiles, SIA’s new audience-specific report series…
Sport Chalet to Boost Cost Cutting, Markdowns and Borrowing After Tough Quarter
Sport Chalet Inc. extended its bank line, eliminated jobs and renegotiated contracts to sustain strategic spending initiatives in the wake of a disappointing first fiscal quarter…
Nordstrom’s Q2 Earnings Jump
Nordstrom, Inc. reported a a 24 percent increase in earnings per diluted share of 93 cents for the second quarter ended Aug. 3, 2013, compared to 75 cents per diluted share for the same quarter last year. Net sales for the second quarter were $3.1 billion
Kohl’s Sales and Comps Up in Q2
Kohl’s Corporation reported that total sales increased 2.0 percent to $4.3 billion for the second quarter ended Aug. 3. Comparable store sales increased 0.9 percent, up from a decrease of 2.7 percent in the year-ago comparable period…
City Bike Partners with Pratt Institute
City Bike company Brooklyn Cruiser is partnering with Pratt Institute. The company will offer incoming Pratt students affordable and sustainable transportation options and an opportunity to design branded cycling accessories it will be put into production
National Geographic Explorer Journeys To Downtown L.A. Sport Chalet
Sport Chalet, Inc. will host National Geographic Emerging Explorer Juan Martinez for an exclusive in-store event at the FIGat7th location in Downtown Los Angeles on Saturday, Aug. 10…
Cramer Products Acquired by Performance Health
Performance Health, manufacturer and marketer of Thera-Band, Biofreeze, Perform and Hygenic branded products, announced a merger with Cramer Products, Inc. The partnership will result in little initial change in how each company conducts business with the
J.C. Penney Denies Report Of Credit Woes
J.C. Penney issued a statement Thursday denying a report of challenges gaining funding to support merchandise delivery. On Wednesday, the New York Post said CIT Group, the largest factoring firm, “abruptly” ceased financing deliveries to the d
Steve Madden Posts 7.6 Percent Q2 Profit Growth
Steve Madden reported net sales increased 3.1 percent to $297.6 million compared to $288.7 million in the same period of 2012. Retail comparable store sales increased 2.5 percent…
Coolcore Files Patent Infringement Suit Against Grabber and Implus
Coolcore today filed suit against Grabber and Perfect Fitness, a division of Implus, in the United States District Court of New Hampshire. The lawsuit alleges Grabber and Perfect Fitness infringe upon Coolcore’s 'process of making a fabric'
Craft Sportswear North America Hires New Category Sales Manager
Craft Sportswear North America hired Katie Gould Swenson as its sales & marketing manager for Craft base layers & nordic skiing. As part of this newly created position, Swenson will be responsible for…
Under Armour Partners with DC Comics on Fitness Apparel
Warner Bros. Consumer Products, with DC Entertainment, has partnered with Under Armour, Inc., to empower athletes and unleash their alter egos. Inspired by the popular DC Comics Super Heroes like Superman, Batman, Wonder Woman and more, the Under Armour A
Li Ning Suspends Contract with Jamaican Sprinter
Li Ning has suspended its deal with Jamaican sprinter Asafa Powell after revelations earlier this week that the Jamaican runner along with five other athletes tested positive for banned substances earlier this year…
