SGB Executive Outdoor
PacSun Lowers Guidance
Citing “the difficult economic environment and the company's regional exposures to the challenging retail markets of California, Florida, Nevada and Arizona,” Pacific Sunwear of California lowered its earnings outlook for the second quarter and the f
Hibbett’s Q1 Net Drops 7.8%
Hibbett Sports, Inc. reported sales increased 9% in the first quarter, to $145.8 million f rom $133.8 million. Comparable store sales increased 0.1%. Net income slid 7.8% to $9.4 million, or 32 cents a share, from $10.2 million, or 32 cents, a year ago. T
Heelys Promotes Marketing Chief to CEO
Heelys, Inc. said its SVP of marketing Don Carroll was been named president and CEO, effective May 20. Prior to joining Heelys on January 2, 2008 Carroll served as managing director of Vector2Group, a Dallas-based management consultancy firm that he co-f
K-Swiss Acquires Majority Stake in Palladium SAS
K•Swiss Inc. has signed a definitive agreement to purchase 57% of the equity interests of Palladium SAS from its stockholders for a total purchase price of approximately €5.3 million in cash ($8.3 mm), including a loan of €3.6 million ($5.6 mm). K•Swiss w
Adrenalina Posts Loss
Adrenalina, the start-up action sports store, posted a net loss from operations in the first quarter of $2.2 million versus a loss of $1.2 million a year ago. The wider loss is primarily due to a change in focus on retail sales which have lower margins a
Bikes Belong Names Grant Winners
Bikes Belong said it donated six grants worth $44,200 to grassroots groups across the country building a variety of cycling projects ranging from a riverfront path, a freeride trail, a BMX freestyle park to backcountry singletrack…
New Era Cap Signs Deal with Perfect Game USA
New Era Cap signed an agreement to have Perfect Game USA (PG), the world's largest baseball scouting report service, become a national dealer for the company. PG will concentrate its efforts on providing New Era caps to high level travel, tournament
Hess Joins Electra Board
Electra Bicycle Company named industry veteran Skip Hess to its Board of Directors. Hess' family launched the Mongoose brand and he helped start-up Giant in the late 80s and turn around Schwinn in the early 90s. He spent the last ten years back at Gi
Sport Chek Launches
Sport Chek, a corporate banner of The Forzani Group Ltd, launched their biggest experiential contest to date, the “Live the Power of Sport Contest” at LivethePowerofSport.ca. This online contest offers chances for customers to win the grand prize of one o
Head Q1 Revenues Grow 7.5% on Easy Winter Sports Comp
Head N.V. reported that net revenues for the first quarter increased 7.5% to €61.6 million ($92.3 mm) from €57.3 million ($75.1 mm) last year. Winter Sports revenues for the three months ended March 31, 2008 increased 43.2%, to €15.4 million ($23.1 mm) fr
Unifi’s Repreve Featured on TV Program
Unifi, Inc. said its Repreve brand of 100% recycled yarn will be the focus of the Discovery Channel television program “How It’s Made.” The segment will highlight the unique production processes to manufacture Repreve, a first-quality 100% recycled yarn..
Forefront Holdings Sees Wider Loss
Forefront Holdings Inc., the golf accessories company, reported a loss of $ $3.3 million in the quarter ended March 26 versus a $2.9 million deficit a year ago. Sales of Datrek golf bags and travel covers decreased 33.8% to $1.76 million. The decline was
Rollerblade Consolidates US Operations
Rollerblade USA has consolidated its US offices in West Lebanon, NH. Rollerblade headquarters, previously in Hamilton, NJ have merged into one location with its back-office operations and distribution. Rollerblade will benefit from greater efficiencies, h
Under Armour Opens Second Store in Aurora, IL
Following the November 2007 debut of their first full-line retail store in Annapolis, Md., Under Armour will open its second in the Fox Valley Mall in Aurora, Ill., on Thursday, May 15. Like the Annapolis store, the 6,000 square foot store is designed to
Cutter and Buck to Continue Sorenstam Collection
Cutter & Buck said it will continue its relationship with LPGA golfer Annika Sorenstam after the winner of 72 professional tournaments retires at the end of this season. The Seattle-based company has been selling the Annika Collection of women's golf
