Aldila, Inc. Joins OTCQX
Aldila, Inc. the manufacturer of graphite golf shafts, is now trading on OTCQX. Aldila began trading Monday on the OTC market's highest tier, OTCQX U.S. Premier…
January Retail Gains Wrap Up Stronger Holiday Season, but Analysts Warn of Regression
Fresh off a promising December that saw retailers report 2.8% growth against easy year-ago comparisons and a late holiday spending spree, January retail results foresaw consolidated same-store sales surge 3%– well above initial projections — despite nas
Ski Market Enters Final Chapter with GOB Sales
Ski Market, which filed for Chapter 11 bankruptcy protection on Dec. 29, 2009, in hopes of finding a buyer, has instead commenced liquidation of its stores. In a bankruptcy auction in Boston held Friday, Gordon Brothers Retail Partners LLC won the right t
Walking Co. Keeps Most Stores in New BK Exit Plan
The Walking Company Holdings, Inc. filed a bankruptcy reorganization plan which enables the comfort shoe retailer to keep 207 of its 214 (over 96%) current store locations open and pay off all its debts to trade creditors. It plans to exit Chapter 11 prot
Trek Bicycles Reaches Settlement with Former Racing Champion Greg LeMond
Trek Bicycles has come to terms with racing legend and three-time Tour de France champion Greg LeMond, over a lawsuit filed nearly two years ago. Under the terms of the settlement, Trek has agreed to make a pair of $100,000 donations to a charity called O
Sport Supply Group Fiscal Q2 Sales Increase, but Earnings Down on Debt Retirement
Sport Supply Group reported that sales increased 4.4% for its second fiscal quarter ended December 31 to $55.5 million from $53.1 million in the year-ago period. Earnings fell by 12.4% for the quarter, from $1.1 million to $0.9 million in the latest quart
Unifi Swings to Fiscal Q2 Profit
Unifi, Inc., reported net income of $2.0 million, or 3 cents per share, for the second quarter of fiscal 2010 compared to a net loss of $9.1 million, or 15 cents per share, for the same prior-year period…
RECALL: Summit Tree Stands
A recall has been issued involving numerous models from Summit Tree Stands. The recall will affect approximately 6,800 Talon Hunting Hang-on Tree Stands and Brackets/Straps…
Timberland Fourth Quarter Earnings Soar Despite Flat Sales
The Timberland Company saw fourth quarter earnings jump nearly 70% despite flattish revenues as strong growth from the SmartWool brand and performance footwear were offset by declines in boots in North America and Asia…
Asics Corp Sees Double-Digit Sales Decline in Fiscal Q3; U.S. Up Single Digits
Asics Corporation posted an 11.0% decrease in revenues for the fiscal third quarter ended December 31. Total consolidated worldwide revenues were ¥164.3 billion ($1.83 bn), compared to ¥184.6 billion ($1.90 bn) in the year-ago quarter…
LaCrosse Footwear Sees Fourth Quarter Profits Double on Military, At-Once Orders
As was the case in the preceding reporting periods of 2009, LaCrosse Footwear continued to laud its military business as its primary growth driver for a fourth quarter that saw the company double its profits on revenues that surged more than 20%…
Canadian Medical Journal Recommends Ski Helmets
Ski helmets, which have been gaining in popularity since several high profile skiing fatalities, got a boost from a Canadian medical journal last week…
China Protests EU Tariffs
China filed a complaint against European Union shoe tariffs at the World Trade Organization as Beijing continued its legal assault on what it says is unfair Western protectionism. Europe has grown increasingly concerned about China's balance of trade
Golf Round Totals Down in December
An unseasonably-cold December resulted in a 14.7% decline in monthly golf rounds played compared to the same year-ago period, according the latest figures from Golf Datatech. For the year, rounds remained relatively stable, falling only 0.6% in 2009 from
TAG Sold to Lansing Sports’ Philip Rosati
Team Athletic Goods (TAG), the buying group, has been sold to Philip Rosati Sr. of Lansing Sports Shop in Lansing, IL. Rosati, whose family has run the team dealer and retail store in since 1954, will become TAG's CEO…
