SGB Executive Outdoor
Nike and Adidas Speak Out About Honduran Rights
Nike, adidas, The Gap Inc., and Knights Apparel, released a joint letter to U.S. Secretary of State Hillary Clinton calling for the restoration of democracy in Honduras…
Golfsmith Launches Newly Designed Website
Golfsmith International Holdings, Inc. announced that it has redesigned and re-launched its e-commerce site at www.golfsmith.com with a variety of new features and social marketing tools…
Luxottica Sales Decline 9.8% in Q2
Luxottica Group S.p.A. reported consolidated sales in the second quarter of 2009 grew to €1.40 billion ($1.97 bn) from €1.35 billion ($1.89 bn) (up by 3.5% at current exchange rates, down by 3.3% at constant exchange rates…
Concave to Launch in Soccer Specialty this Fall
Concave, a new soccer cleat brand, is being formally launched at soccer specialty stores in the U.S. this fall. The brand was quietly launched last fall in the U.S. at soccer.com as well as in the U.K. last year at JJB Sports…
Field Logic Appoints Jay Engstrom Executive VP and COO
Field Logic, the maker of The Block targets and Rage expandable broadheads, has appointed Jay Engstrom to the role of executive vice president and COO. In this capacity, Engstrom will be responsible for the strategic and operational leadership of Field Lo
West Marine Reaches No Penalty Settlement with SEC
West Marine, Inc. has reached a settlement with the United States Securities and Exchange Commission (SEC) which resolves the SEC’s investigation of the company in connection with the facts and circumstances that gave rise to the company’s 2007 restatemen
Nike Halts Use of Leather from Amazon-bred Cattle
Nike, Inc. said it has reinforced its commitment to the environment by releasing new leather sourcing guidelines aimed at helping slow the rate of Amazon deforestation due to cattle grazing within the basin…
MBT Appoints North American Managing Director
MBT has hired Paul Grimble as the North American Managing Director. Grimble’s background includes many years of training at Clark’s in the UK, and leadership of the Ecco brand and business in the U.S…
CPSC Issues Guidance on New Tracking Label Requirement
The Commissioners of the Consumer Product Safety Commission (CPSC) have unanimously approved a draft ‘Statement of Policy’ to clarify the new tracking label requirements included in Section 103 of the Consumer Product Safety Improvement Act (“CPSIA”)…
Amazon.com to Acquire Zappos.com
Amazon.com, Inc. said it has reached an agreement to acquire Zappos.com, Inc. for roughly $840 million in stock and cash. The acquisition would increase Amazon's already considerable purchasing power with outdoor and athletic apparel and footwear bra
Jarden Reports Q2 Sales Down 6.6%; Cost Cutting Boosts Cash Flow
Jarden Corporation reported its financial results for the three and six months ended June 30, 2009. For the three months ended June 30, 2009, net sales decreased 6.6% to $1.3 billion compared to $1.4 billion for the same period in the previous year. Appr
Skechers Q2 Sales Fall 15.7%; Margins Take Significant Hit
Skechers USA, Inc. said sales for the second quarter ended June 30, 2009 were $299.0 million, down 15.7% from sales of $354.6 million a year ago. Net loss was $5.9 million compared to net earnings in the second quarter of 2008 of $14.6 million…
PacSun Updates Q2 Guidance; Expects Sales Decrease
Pacific Sunwear of California, Inc. updated earnings expectations for the second quarter of fiscal 2009, announcing same-store sales for the second quarter are projected to decrease by approximately 24% versus original expectations of negative 17% to 20%.
Gunslick Is Now Gunslick Pro
Gunslick, known for its specialized gun cleaning solutions and easy-to-use tools, is adding “Pro” to its name, packaging and marketing materials to “better reflect the true strength and consumer perception of the brand.” This running change will be accomp
Dick’s SG Pays Fine for Allegedly Overcharging Customers
Dick's Sporting Goods has agreed to pay $23,665 in fines and fees for overcharging customers in Wisconsin, according to the Green Bay Press Gazette…