GSI Sells More, but Doubles Loss
Despite anemic September sales and the bankruptcy of a top 10 client, GSI Commerce, Inc. reported that net revenues increased 36.1% to $186.8 million for third quarter from $137.3 million in Q3 last year. Much of the revenue gain came from an 84% increase
Acushnet Sees Third Quarter Hampered by Softening U.S. Sales
Despite promising returns from growing international markets, Fortune Brands’ Acushnet Golf continued to see sales slide for the third fiscal quarter ended Sept 30. Net sales fell 3.4% to $307.9 million from $318.6 million in the year ago period…
Columbia Pushing Ahead with Owned-Retail Openings as Retailers Cut Back Orders
Columbia Sportswear Company said net sales declined 4% in the third quarter as retailers cut their orders for the holiday season. The company said wholesale sales declined in the high-single-digits but were partially offset by a doubling of retail sales t
Paddlesports Groups Get Closer to Merger
The board for the Trade Association of Paddlesports is set to meet early this week to review how a merger with the Paddlesports Industry Association would affect the surviving organization’s finances. If the TAPS board decides to move ahead with the merge
Reorganized Nau, Inc. Re-Launches Online
Nau, Inc., acquired by Horny Toad in October, reopened for business with the launch of a completely redesigned e-commerce website featuring its Fall '08 apparel line. It also affirmed its commitment to a new version of its Partners for Change giving
Boot Barn Acquires 22 Stores
Boot Barn Holding Corp., the western footwear and apparel retailer, has completed the purchase of twenty-two retail stores in Arizona (12), New Mexico (9) and Nevada (1) from BTWW Retail, L.P. (BTWW). The 22 store acquisition boosts Boot Barn's posi
Value City Files for Chapter 11 Bankruptcy Protection
Value City Department Stores filed for Chapter 11 bankruptcy protection and plans to close its remaining 66 stores as it faces declining sales and an “increasingly competitive” environment for discount retailing. DSW Inc. is the largest unsecured creditor
Acushnet Reports Diminishing Sales for Q3
Fortune Brands, Inc., parent company of Acushnet Company, reported company-wide net sales for the third quarter ended Sept. 30 were $1.92 million, down 10.4% from $2.15 million reported for the same period a year ago…
Brunswick Names New VP of Corporate and Investor Relations
Brunswick Corporation has named Bruce J. Byots as vice president of corporate and investor relations. Byots will report to Peter B. Hamilton, SVP and CFO…
Brunswick Names New VP of Corporate and Investor Relations
Brunswick Corporation has named Bruce J. Byots as vice president of corporate and investor relations. Byots will report to Peter B. Hamilton, SVP and CFO…
Pacific Sunwear Rejects Adrenalina’s Bid
Pacific Sunwear of California, Inc.'s board of directors has determined that the unsolicited proposal received from Adrenalina to purchase all of the issued and outstanding shares of common stock of Pacific Sunwear is not in the best interests of the
SGMA: Baseball Draws Largest Group of Dedicated Players
According to a new SGMA study, nearly 55% of baseball players in the U.S. participate in the sport on a ‘frequent’ basis, or 25 days or more a year. Only lacrosse and ice hockey have similar percentages of such a dedicated group of players, but baseball’s
Skins Supplies Colorado Youth Corps Association
Skins and the Colorado Youth Corps Association (CYCA), a statewide coalition of youth conservation corps, have formed an Official Supplier agreement. Skins will donate compression apparel for youth corps members statewide to wear outside while creating bi
New Era Partners With Mainland Headwear Holdings
New Era Cap Co., Inc. has signed a partnership agreement with Asia's Mainland Headwear Holdings Ltd. to service its growing demand in Europe and other international markets as well as gain entry into the expanding Chinese market where Mainland alread
Fire Destroys Bell Sports Cargo
A fire at a Bell Sports storage facility in Rantoul, IL, destroyed a semitrailer truck packed with sporting goods, damaged an adjacent truck trailer and caused slight damage to a nearby building, according to the News-Gazette. Rantoul Fire Chief Ken Water
