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
Buckle’s Profits Dip in Q2
The Buckle, Inc. reported its second-quarter earnings dipped slightly, to $23.2 million, or 49 cents a share, from $23.6 million, or 50 cents, a year ago. Net sales for the 13-week fiscal quarter ended July 28 increased 1.5 percent to $215.5 million from
Efinger Sporting Goods Secures GSA Award
Efinger Sporting Goods Co., Inc., New Jersey's oldest and largest family owned sporting goods retailers, and team and institutional dealers, has been awarded a GSA Schedule 78 contract and is now certified to provide sporting goods to the Federal Go
Perry Ellis Swings to Q2 Loss as It Divests Businesses
Perry Ellis International swung to a loss in the second quarter as expected as restructuring costs undermined margins and revenues decreased 2.3 percent to $209.4 million. The company said continued momentum within golf, direct-to-consumer, and women̵
Major Retailers to Launch Own Mobile Payment App
Target Corp., Wal-Mart Stores Inc. and a host of other national retailers has formed Merchant Customer Exchange (MCX) to offer a smartphone payment app to make it easier for consumers to manage the growing array of instant coupons, gift cards and loyalty
Occupancy Continued Climb at Western Mountain Destinations in July
Average actual occupancy for the month of July was up 4. 7 percent at the 16 western mountain destinations tracked by Denver-based Mountain Travel Research Program. While hot weather may have lured more people to the mountains, on-the-books occupancy for
Columbia’s Mick McCormick Resigns
Columbia Sportswear said its number two executive, Michael McCormick, executive vice president of global sales and marketing, has resigned from the company for personal reasons. Timothy Boyle, the company’s president and CEO, will be assuming McCorm
Foot Locker Unveils NBA Campaign
Foot Locker, Inc. unveiled its latest national advertising campaign featuring three spots starring a group of elite NBA All-Stars including Carmelo Anthony, Chris Bosh, James Harden, Kevin Love, and Russell Westbrook…
Skechers Scores Victory in Patent Suit
Skechers USA, Inc. announced that it scored a major victory in a patent lawsuit filed against it in the United States District Court for the Central District of California. The lawsuit, Cancaribe Limited v. Cobra International Inc., Case No, 07-CV-4182-GA
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
