Columbia Sportswear Posts Q2 Loss
Columbia Sportswear Company’s U.S. sales tumbled 18% in the second quarter as reduced consumer spending levels and tighter credit markets “caused retailers to request unusual and unpredictable levels of order delays and cancellations.” The company posted
West Marine Q2 Comps Slip
West Marine, Inc. reported sales reached $226.7 million for the fiscal second quarter, down 8.2 % from net sales of $247.1 million for the same period in 2007. Comparable store sales also declined 7.8% compared with the same period a year ago…
NSGA: West North Central Region Spend Most Per Capita on Sports Equipment
Using indices developed from the National Sporting Goods Association’s Sporting Goods Market report, residents in the West North Central (WNC) census region spent the most per consumer on sports equipment in 2007. With an index of 143, the WNC region (IA,
Report: Bass Pro Lays Off 30
Bass Pro Shops has laid off 30 people at its Springfield corporate headquarters, according to Missouri's News-Leader. The employees were laid off Friday, Bass Pro communications manager Larry Whiteley said…
Kellwood Replaces Women’s Apparel Exec
Kellwood Company appointed Michael W. Kramer as president and CEO of its women’s clothing business, effective Aug. 18, 2008. Kramer will assume his post from Robert C. Skinner, Jr., formerly chairman, president and CEO, who will resign from Kellwood to pu
FGXI Hires Dragon Optical Marketing Exec
FGX International has hired the former director of marketing for Dragon Optical to take over its Quantum Lifestyle/Sun Brands division. Scott Sorensen will be responsible for the Anarchy, Angel and Gargoyles fashion and action sports brands, as well as se
Knights Apparel Opens HQ in Spartanburg
Knights Apparel Inc. has completed the relocation of its corporate headquarters from Oak Brook, Ill., to its existing facility in Spartanburg. Knights, a leading producer of licensed sports apparel, has consolidated all of its operating areas under one ro
Shoe Pavilion Shares to be Delisted
Shoe Pavilion has received a letter from the The Nasdaq Stock Market (“Nasdaq”) indicating that its stock will be delisted from Nasdaq because of its bankruptcy filing. According to a filing with the SEC, if the company does not appeal Nasdaq's deter
OIA Sees Upper End of Market Prospering
Outdoor Industry Association released its retail sales top-line report for May 2008 last week, indicating a strengthening market for outdoor products even as the economy weakens amid higher gasoline prices, a tougher job market and the lowest consumer con
Kayak Importers Tighten Belts, Struggle with Pricing
Some kayak importers were scrambling more than usual to nail down prices and pre-season offers for the Outdoor Retailer show last week courtesy of a weak dollar and rising shipping costs. And there was not much consensus on how much prices will rise…
OIA and SIA Herald Tariff Relief Initiatives
Outdoor Industry Association (OIA) heralded the introduction of the Recreational Performance Outerwear Act of 2008 (H.R. 6483) on July 15, the first ever trade legislation specifically for outdoor performance apparel manufacturers…
Warren Light Craft Moves to Retail Channel to Sell Boats
Warren Light Craft, which has won awards for the design of its curvaceous Little Wing composite kayaks, is seeking dealers. The Massachusetts company made a splash in 2006 when its flashy and extremely light-weight carbon composite boat won a gold medal a
Retail Landscape Shifts Since Last General Election
Change was again the name of the game over the past few years both in politics and across the sporting goods retail landscape. While U.S. presidential candidates argue over who represents the most change or the right kind of change, the sporting goods mar
Drivers Average Selling Prices Drop
The $250-plus price points we saw in drivers with the introductions of the Callaway FT-I, Nike Sumo Sasquatch SQ and similar products appear to be a thing of the past, or at least of last season…
Adams Golf Anticipates 6% to 10% Q2 Sales Growth
Adams Golf reported that it expects growth for the second quarter. Though not divulging any specifics on that growth, the company said net sales should increase between 6% and 10% from the $30.4 million it recorded in the second quarter of 2007 to a range