SGB Executive Outdoor
Patogonia Launches “Vote The Environment” Campaign
Patagonia formally launched its Vote The Environment campaign in advance of the presidential election this November 2008. The aggressive three-part campaign asks customers to (1) register to vote, (2) educate themselves on the environmental records of can
Ecco Launches Biom Running Shoes
In a nod to the growing ‘barefoot running” movement based on natural motion, Ecco is introducing Biom, a collection of performance road and trail running shoes that the company hails as “category-changing running product.”…
Meryvn’s Gains DIP Financing
Mervyns has received approval from the U.S. Bankruptcy Court for $465 million in interim financing after the department store chain filed for Chapter 11 bankruptcy protection this week. Mervyns says the financing will be used to continue operations and to
Finish Line Expands Headquarters
The Finish Line, Inc. plans to expand its operations in Indianopolis, including adding more than 180 new jobs over the next five years. It plans to invest more than $34 million, which covers the expansion of its approximate 800,000 square-foot national di
Big 5 Q2 Profits Plummet on Continued Sales Weakness
Big 5 Sporting Goods reported Q2 revenues fell 4% to $209 million from $217.8 million a year ago. Same store sales declined 7.6%, primarily due to a mid-single digit decrease in customer traffic and continued weakness in the roller shoe product category.
Nautilus Sees Q2 Loss of $9.6 M in Continuing Operations
Fitness company Nautilus, Inc. revealed a loss from continuing operations for the second quarter ended June 30, 2008 of $9.6 million or 30 cents per diluted share after recording restructuring related and other charges of $6.6 million, or 14 cents per dil
Cabela’s Income Falls in Q2; Credit Card Charge Offs Rise
Cabela's Inc. said profits declined despite a 16.6% increase in total revenues for the second quarter ended June 28. Same stores sales fell 1.6% and financial services revenue declined 6.7% due to an increase in bad debts in the company's credit
Luxottica Sees Strong Growth in Q2 Net Sales
Luxottica Group posted second quarter results with group consolidated sales of €1,354.4 million ($2,126.3 mm), with €583.4 million ($915.9 mm) coming in from wholesale third parties and €771.1 million ($1,210.57 mm) from retail…
Gramicci Names Northeast Rep Agency
Gramicci has added the greenrep.org sales agency for representation in Maine, New Hampshire, Vermont, Rhode Island, Connecticut, and Delaware. Agency founder and principal Danny Clayton has worked in sales management for Burton Corp. and Oakley and has ex
Far Bank Enterprises Announces Promotions
Far Bank Enterprises, Inc., the parent company of Sage Manufacturing, Redington and RIO Products Inti., Inc., today announced new roles for both President Bruce Kirschner and Vice President Travis Campbell…
Far Bank Enterprises Announces Promotions
Far Bank Enterprises, Inc., the parent company of Sage Manufacturing, Redington and RIO Products Inti., Inc., today announced new roles for both President Bruce Kirschner and Vice President Travis Campbell…
New nuun Sales VP to Focus on Specialty
Seattle-based nuun active hydration has appointed Evan Wert into the newly created position of specialty sports sales manager. That puts him in charge of developing, managing and overseeing the specialty channels of Run, Outdoor, Bike, and Snow Sports…
Former VF Exec Named CFO at Jarden Outdoor
Former VF Corp. executive Michael J. Rees has been named to the newly created position of Chief Financial Officer of Jarden Outdoor Solutions (JOS). In his role, Rees will be responsible for the strategic leadership and financial consolidation of all the
Sports Chalet’s Q1 Sales Dip 4.8% on 11.1% Lower Comps
Sports Chalet Inc. said sales in the first quarter fell 4.8% on an 11.1% decline in same-store sales. The Southern California-based retailer acknowledged new store openings by itself and competitors cannibalized sales. Gross margins declined 250 basis poi
JJB Sports Posts 1.2% Q2 Comp Decline
JJB Sports said like-for-like sales in the 12 weeks ended July 20 were down 1.2% year-on-year. The sports retail and health clubs group, based in the U.K., said this consists of a 2% fall in its 409 retail stores and a 5.9% increase for its 49 health club
