City Sports Announces Resignation of CEO
City Sports announced the resignation of President and CEO Jeff Connor, effective immediately. Chairman Tom Stemberg of Highland Capital has named City Sports' Chief Financial Officer Jim Kessler as acting CEO until a new appointment is announced in
Deckers Amends Credit Facility
Deckers Outdoor Corp. said that on August 10, it entered into a new credit agreement that increases the secured revolving credit facility under the original credit agreement from $200 million to $400 million. It also increases the sublimit for the issuanc
Dick’s SG Q2 Impacted by JJB Sports Charge
Dick's Sporting Goods took a pre-tax impairment charge of $32.4 million, or 22 cents a share, to write-off its investment in JJB Sports, the troubled U.K. sporting goods chain. But earnings excluding the charge rose 24.9 percent and ahead of expectat
REI Endorses Washington’s Gay Marriage Equality Referendum
REI threw its support behind Referendum 74, an initiative that would uphold Washington state’s same-sex marriage law if voters approve it in November. REI CEO and President Sally Jewell declared the company's support for gay marriage equality i
The Bike Cooperative Names 23 New Members
The Bike Cooperative announced the addition of 23 new independent bicycle dealers to its dealer base…
Finish Line Appoints SVP, Store Operations
The Finish Line, Inc. announced that Greg Beidler has joined the company as senior vice president, store operations. Beidler has more than 20 years of retail experience, most recently he was a regional operations director for Sam’s Club/Wal-Mart Cor
Outdoor Industry Volunteers to Converge Wednesday in Portland
On Wednesday, August 15, The Conservation Alliance and member companies Columbia Sportswear, KEEN, REI, Icebreaker, Under Solen Media, The North Face and Merrell will partner with Forest Park Conservancy, Portland Parks, Friends of Tryon Creek, SOLV, and
Zumiez Adds Board Member
Zumiez Inc. appointed Travis D. Smith to the company's Board of Directors…
July Retail Sales Surprise on the Upside
Retail sales by sporting goods, hobby, book & music stores increased 1.6 percent in July over June, or twice as fast as sales by general retail establishments, according to surprisingly strong estimates released by the U.S. Census Bureau that sent many re
Report: Spyder On the Selling Block
Spyder Active Sports Inc., which is owned by private-equity firm Apax Partners, is being put up for sale with hopes to fetch as much as $150 million, the New York Post reported Friday…
Maryland Grants Seek to Position State as Premiere Cycling Destination
Maryland Gov. Martin O'Malley approved $44,500 for the City of Baltimore’s Bicycle Safety Education Program as he continues to position the state as a premiere cycling destination. The Department of Transportation will partner with Bike Marylan
Nordstrom Q2 Earnings Dip on Calendar Shift
Nordstrom, Inc. reported its results for the second quarter, which reflected a shift in timing of the Anniversary Sale event with one week of the event moving into the fiscal third quarter. Net earnings were $156 million, or 75 per diluted share, for the
Penney Logs Loss in Q2
J.C. Penney Co. Inc. reported an adjusted net loss in the second quarter of $81 million or 37 cents per share, excluding restructuring and management transition charges, inventory transition markdowns, gain on the redemption of the Simon REIT units, net o
Broder Bros. Earnings Sink in Q2
Broder Bros., Co. reported second quarter 2012 sales were $221.9 million compared to $227.1 million for the second quarter 2011. Hurt by lower gross margins, income from operations for the second quarter 2012 was $7.0 million compared to $23.3 million for
SGMA Honors National Health Through Fitness Day Athletes Who Won Gold in London
During the recently completed Olympic Games in London, seven of the Olympic athletes in the U.S. delegation have attended at least one of SGMA’s past National Health Through Fitness (NHTF) Days. Of those seven athletes, six of them won a gold medal
