SGB Executive Outdoor

Callaway Golf Sees Q2 Profit Gain Despite Sales Decline

Callaway Golf Co. said it expects second quarter diluted earnings per share to range from 56 cents to 58 cents a share, an increase of approximately 8% compared to 53 cents earned a year ago. Sales are expected to fall 3.7% to $366 million from $380 milli

Whitewater to Premier at OR Open Air Demo

Buyers will be able to sample rock climbing and whitewater gear at the Open Air Demo preceding the Outdoor Retailer Summer Market for the first time ever. The Wasatch Whitewater Chute-Out is being held Thursday, August 7, 2008 from 10 a.m. to noon on the

Gruppo Marzocchi Agrees to Sell Suspension Unit

Gruppo Marzocchi, an Italian-based supplier of suspension technology to mountain bike and motorcycle makers has entered into a preliminary agreement to sell its suspension business to auto components maker Tenneco Inc. Marzocchi provides suspension for mo

Vail Resorts Board Ups Stock Buy Back Limits

In a big vote of confidence, Vail Resorts Inc.'s board of directors increased the company's common stock repurchase authorization by three million shares. The company has bought back 1.20 million of its shares since June 5, nearly exhausting lim

June Comps Surge 16% at American Apparel

American Apparel, Inc. reported that for the month of June 2008, sales for stores open for more than twelve months increased 16% over the year-ago period, on a constant currency basis. For the month of June 2007, comparable store sales increased 28%. Ther

Delta Raises Guidance on 14% Q4 Sales Growth

Delta Apparel, Inc. reported record fourth quarter fiscal 2008 revenue of approximately $105 million, an increase of over 14% from the prior year fourth quarter as sales grew in each of its operating divisions. This results brings full year fiscal 2008 re

Dillard’s Five-Week Comps Drop 5%

Dillard's said its comp sales fell 5% in the five-week period ended July 5 on a 4% decline in sales to $593.3 million. The department store retailer said sales were trending above average in the Central region and slightly below average in the Easter

Wal-Mart Comps Rise 5.8% on Strong International Growth

Wal-Mart Store Inc. reported consolidated comparable store sales grew 5.8% for the five weeks ended July 4, not including fuel. The number rose to 6.4% when including fuel sales. The strong organic growth contributed to an 11.5% increase in consolidated s

Sports Direct Sees Tough Year Ahead

Sports Direct International Plc, the U.K. discount sports retailer, reported a 29.9% slump in full-year underlying earnings. It also said that with current trading conditions the worst it has experienced in a quarter of a century, it does not expect earni

Bakers Reports 10.4% Comp Gain

Bakers Footwear Group, Inc. comparable store sales increased 10.4% for the five-week period ended July 5. That compares with a decrease of 20.2% for the five-week period ended July 7, 2007. Net sales for June 2008 increased 7.3% to $16.6 million…

adidas to Open World’s Largest adidas Brand Center in Beijing

On July 5, adidas will open its largest Brand Center worldwide in Beijing. The center will be the first to offer products from both adidas divisions-Sport Peformance and Sport Style. The facility will feature an interactive coaching technology and an &#03

Garmont Buys Out U.S. Distributor

Italy’s Garmont srl has become the third major European ski, mountaineering and telemark vendor to split with its North American distributor in recent years. Garmont has bought the 50% of Garmont NA, Inc. it did not own from partners John Schweizer and Bi

European Vendors Push EC for VAT Relief

A coalition of European bicycling organizations is petitioning the European Commission to reduce permanently the VAT rate for all bicycle products and services, arguing Europe should encourage more bicycle use to address economic, environmental and health

Asics Launches Music Promotion

Asics America Corp recently launched a digital music card promotion to build brand awareness among teenage athletes. Promotional Currency, a marketing strategies firm that specializes in innovative digital entertainment promotions, recently teamed with Ir

Confluence Hires Verde P.R.

Confluence Watersports has hired Verde PR & Consulting as its public relations agency of record effective July 1. The news comes as Confluence prepares to relaunch its brands at Summer OR under new CEO Sue Rechner…