Foot Locker Posts Break-Even Q2, Comps Erode 12.1%
Foot Locker, Inc. reported break-even earnings for the second quarter ended August 1 compared with net income of $18 million, or 11 cents a share, in the same period a year ago. Sales decreased 15.6%, to $1.1 billion from $1.3 billion. Excluding the effec
Everlast Renews USA Boxing Sponsorship
Everlast Worldwide, Inc., has signed on as USA Boxing’s official equipment and apparel sponsor, extending their current agreement, which previously covered only USA Boxing’s equipment needs…
RECALL: Nirve Sports Bikes
Nirve Sports Ltd. is voluntarily recalling 120 Cannibal Bicycles due to problems with the bicycle's stems. Nirve has received reports of cracked stems…
Field Logic Promotes Held to Media Planner
Field Logic, the maker of The Block targets and Rage expandable broadheads, has promoted Jim Held to media planner…
TJX Reports Q2 Comps Up 4%; EPS up 27%
The TJX Companies, Inc. announced net sales for the second quarter ended August 1 increased 4.0% to $4.7 billion and consolidated comparable store sales increased 4.0% over last year’s strong gains…
Shimano Inc. Sees Negative Trends Abating a Bit; Maintains Full Year Forecast
Shimano Inc. reported that the impact of the global recession and the pressure to reduce inventories has caused its bicycle components business and fishing tackle business to suffer from lackluster sales for the first half of 2009 ended June 30. The compa
Mizuno Corp. Fiscal Q1 Profits Halved on Global Revenue Declines
Mizuno Corporation got little help outside of its native Japan in the fiscal first quarter ended June 30 as all non-domestic regions posted strong double-digit declines for the period. Total worldwide revenues declined 9.3% to ¥40.9 billion ($420 mm), co
Asics Corp. Fiscal Q1 Net Plummets Nearly 85%; Forecast Remains
Asics Corporation posted a 16.0% decrease in revenues for the fiscal first quarter ended June 30. Total consolidated worldwide revenues were ¥54.9 billion ($563 mm), compared to ¥65.3 billion ($625 mm) in the year-ago quarter…
True Temper Q2 Sales Fall 43.8% Amidst Inventory Concerns
True Temper Sports, Inc. reported net sales for the second quarter fiscal 2009 fell 43.8% to $21.1 million from $37.7 million in the year-ago period. Management for the company cited the global recessionary pressures and a weaker retail landscape, and not
Clarification
Jim Moss, TAPS board member, recently contacted The B.O.S.S. Report wishing to clarify some statements attributed to him in the article New Paddlesports Show Creates Dustup at OR Summer Market, published in BOSS_0930…
Rock Climbing Injuries Increase as Sport Gains Popularity
With approximately 9 million people in the U.S. participating in rock climbing, a new study by researchers at the Center for Injury Research and Policy of the Research Institute at the Nationwide Children’s Hospital revealed a 63% increase in the number o
ATK Awarded $20 Million to Deliver Load-Bearing Vests for the U.S. Marine Corps
Alliant Techsystems has received a $20 million order from the U.S. Marine Corps to produce Scalable Plate Carriers and components, according to a release by the company. The Scalable Plate Carriers(SPC) are scheduled for delivery by the end of January 201
New Era Cap Acquires 5th and Ocean
New Era Cap Co., Inc. has acquired 5th & Ocean, the privately held licensed sports apparel manufacturer in Miami best known for its women's styles. The acquisition is expected to help New Era further expand into sports and fashion apparel. Terms were
Nike Names Allaker Umbro President
Nike Inc. announced that Jim Allaker, currently vice president and general manager of Nike UK and Ireland, will become the new CEO and president of Umbro Ltd. He replaces Matthew Cook, who left the company to pursue other opportunities…
Class Action Suit Claiming “Misrepresenation” Filed Against Ruger
Shalov Stone Bonner & Rocco LLP issued a press release announcing a class action lawsuit was filed on behalf of purchasers of Sturm, Ruger & Company, Inc. common stock between April 23, 2007 and October 29, 2007, inclusive…
