SGB Executive Outdoor
SandP lowers Quiksilver ratings to ‘B-‘
Standard & Poor's Ratings Services lowered its ratings on Quiksilver Inc. to “B-” from “B+” and placed them on “CreditWatch” for possible further downgrades after the credit agency's review is complete…
Pennsylvania Sporting Goods Stores Protest Hunting Bill
Owners of several sporting goods stores are complaining about a bill introduced recently in the state General Assembly, which would remove rules that require hunters to display hunting licenses in back tags. Instead, hunters would carry wallet-sized licen
Nike Q3 Earnings Fall 46% on Impairment Charges; Backlogs Fall 10%
Nike, Inc. said revenue for the third quarter ended Feb. 28 decreased 2% to $4.4 billion, compared to $4.5 billion for the same period last year. Excluding changes in currency exchange rates, revenue would have increased 2%…
RECALL: Cannondale Road Bicycles
The U.S. Consumer Product Safety Commission, in cooperation with Cannondale announced a voluntary recall of about 1,300 road bikes. The name of the product include 2009 Six 5, Six 6, Six Carbon 5 and Six Carbon 6 Bicycles. Spoke protector discs, required
Remaining Chick’s Doors to be Converted to DSG in May
Dick's Sporting Goods plans to close down the remaining Chick's Sporting Goods locations in coming weeks and reopen them in May as Dick's Sporting Goods locations. Going-out-of-business sales have begun at the remaining 14 Chick's loca
Sea to Summit Appoints Water Sports Division Manager
Sea to Summit, the maker of backpacking and adventure travel gear, has created a Water Sports Division with Josh Simpson as its new manager. In 2007, Sea to Summit North America expanded its offering of water sports gear as the exclusive distributor of S
BOSG Names Rocky Mountain Rep
The Boulder Outdoor Specialty Group, a collection of six outdoor industry brands, including Kelty, Sierra Designs, Slumberjack, Wenger and Ultimate Direction, has named Chris Wynja as its Rocky Mountain territory sales manager. Based in Boulder, CO, Wynja
OIA: January ‘Mixed’ for Outdoor Stores
January 2009 retail sales for all core outdoor stores (chain, internet, specialty) started off the new year “on a mixed note,” according to the most recent edition of The Outdoor Industry Association (OIA) Outdoor Topline Report. Retail sales for all core
Nike, Schwinn, Jelly Belly to Sponsor Fitness Challenge
The American Collegiate Intramural Sports group has signed six corporate sponsors, including Nike, Jelly Belly Sports Beans and Schwinn, to take part in the ACIS Fitness, Challenge being conducted this spring on 200 college campuses. The multifaceted prom
RECALL: DBX Glide Boys Ice Skates
About 600 pairs of DBX Glide boys ice skates have been recalled by The U.S. Consumer Product Safety Commission and the product's manufacturer, Pronto Sports Inc., of Anoka, Minn, due to excessive lead levels. The skates were sold at Dick's Sport
Dorel Industries Sees Earnings Fall 14% for Q4
Dorel Industries Inc. reported revenues for fourth quarter and year ended Dec. 30, 2008 increased 4.6% to $479.9 million from $458.9 million a year ago. Recreational/Leisure segment revenues increased by 79.2% in the fourth quarter, in large part due to t
Target Comps Slide; Sales Flat for February
Target Corporation said net retail sales for the four weeks ended February 28, 2009 were $4.4 million, unchanged from $4.4 million for the four weeks ended March 1, 2008. On this same basis, Feb. comparable-store sales declined 4.1%…
Neiman Marcus’ Comps Tumble 20.9% in February
Neiman Marcus, Inc. reported same-store sales during February fell 20.9%. Total revenues were down 19.7% to $232 million from $288 million…
Kohl’s February Comps Decline 1.6%
Kohl’s Corp reported today that total sales for February increased 3.6% to $1 billion from $971.6 million. On a comparable store basis, sales decreased 1.6%…
Dillard’s February Comps Slide 13%
Dillard’s, Inc.'s sales for the four weeks ended February 28, 2009 were $497.7 million compared to sales for the four weeks ended March 1, 2008 of $581.6 million. Total sales decreased 14%. Sales in comparable stores decreased 13% for the four-week p
