SGB Executive

Accell Group Attributes Higher Sales to Early Spring in Europe

Accell Group, Europe's largest bicycle maker, said sales are up for the first few months of 2011 over last year due to early summer temperatures. The Netherlands company grew both organically as well as by means of an acquisition as demand for sports

West Marine’s Losses Widen in First Quarter

West Marine, Inc. reported first-quarter revenues rose 3.9 percent to $113.8 million from $109.6 million a year ago. Comparable-store sales increased 2.9 percent…

Amer Sports Q1 Sales up 20.5 Percent

Amer Sports Corp. reported net sales for the first quarter ended March 31 reached EUR 449.1 million ($614.0mm), up 18.9 percent on currency adjusted terms and 20.5 percent in euro terms from the same quarter a year earlier on strong performance in its Win

Cabela’s Q1 Comps Climb 8.9 Percent

Cabela's Inc. reported that adjusted for divestitures, first-quarter revenue increased 5.7 percent to $587 million; Retail store revenue increased 11.3 percent to $302 million; Direct revenue decreased 4.9 percent to $207 million; and Financial Servi

Brunswick Corp. Q1 Revenues Jump 17 Percent

Brunswick Corporation reported first-quarter revenues climbed 17 percent to $985.9 million, led by gains in its Marine Engine and Life Fitness segments. Net earnings reached $27.5 million, or 31 cents a share, against a loss of $13 million, or 15 cents, a

Golfsmith Shrinks Q1 Loss, Comps Grow 13 Percent

Golfsmith reported revenues in the first quarter increased 20.5 percent to $81.5 million. Comparable store sales increased 13.4 percent, while sales from the company's direct-to-consumer-channel increased 20.7 percent. Its net loss was narrowed to $3

Eastland Shoe Hires Director of Business Development

Eastland Shoe, Corp., known for its hand-crafted leather footwear, appointed Marc Gold as director of business development. Gold comes to Eastland with over 25 years in the footwear industry having driven sales growth in top-level executive positions at V

Skechers Earnings Tumble on Toning Weakness

Skechers USA, Inc. reported first-quarter sales slid 2.0 percent to $476.2 million from $492.8 million a year ago. Operating income tumbled 81.9 percent to $14.7 million compared to $81.0 million in the first quarter of 2010…

Jarden Outdoor’s Q1 Sales Rise 10.3 Percent

Jarden Corporation's Outdoor Solutions segment reported sales of $677.5 million for the first quarter ended March 31, up 10.3 percent compared to $614.2 million for the year ago quarter. Segment operating earnings rose 25.3 percent demonstrating how

Osprey Rehires Former CEO Hamerschlag as Product Line Manager

Osprey Packs, Inc. has named Erik Hamerschlag their new product line manager, effective immediately. He is rejoining Osprey, where he held several leadership positions from 1994 through 2001, after nine years with Mountain Hardwear, Inc…

Google Survey Shows Smartphones Driving Local Retail Sales

Nearly three of every four smartphone shoppers make a purchase as a result of using their smartphones to help with shopping, and 88 percent of those who look for local information on their smartphones take action within a day, according to a survey of 5,0

REI to Open First Store in South Carolina

REI plans to open a new store in Greenville, S.C. this fall, filling in a big gap along I-85 between its southern most stores on the East Coast in Atlanta and its six stores North Carolina. The new store will give the co-op a presence in the heart of upst

Jones Group’s Q1 Revenues Climb 8 Percent

The Jones Group Inc., the parent of Nine West, reported revenues for the first quarter of 2011 exceeded expectations and were $961 million, as compared with $887 million for the first quarter of 2010, an increase of 8.3 percent…Q1