Canada’s West 49 Posts Q4 Loss…
West 49 posted a net loss of CA $1.2 million ($1.15 million) in the fourth quarter due to sluggish sales and a CA$3.4 million ($3.1 million) pre-tax goodwill impairment charge. Net sales for the Canadian operator of action sports stores increased 0.8% to
JJB Sports to Close 72 Stores…
JJB Sports Plc announced plans to close 72 of its 410 stores and cut 800 jobs while reporting an expected 28.5% slump in fiscal 2007 underlying pretax profit. The U.K.-based sports retailer and health clubs group also revealed a disappointing start to it
Woolrich Closes Sewing Plant…
Woolrich said it will close its Jersey Shore sewing facility by October of this year. The plant closing will result in the elimination of 49 jobs, primarily in garment assembly. The Jersey Shore sewing plant is the manufacturing plant for garments being s
Play it Again Sports Parent Sees 17% Sales Growth…
Winmark Corp., the parent of Play it Again Sports, reported sales rose 17% to $8.9 million from $7.6 million a year ago. The Minneapolis-based franchis..or earned $937,300, or 17 cents a share, in the period against earnings of $629,800, or 11 cents per s
SIA: Specialty Sales up 6% to 7% through Feb…
SIA research estimates that consumers spent $1.7 billion in total at specialty shops during the August through February period, compared to $574 million at chain stores and $453 million on-line. The figures released last week showed apparel sales by speci
Outdoor Industry Outpaces Broader Market in Q4…
The outdoor industry appears to have fared much better than the rest of the economy in the 2007 fourth quarter, according to a review of public company financial data for the period. The data is seen as an indicator that the outdoor market may still be m
Eddie Bauer Sees 0.5% Q1 Comp Gain
Eddie Bauer Holdings, Inc. reported overall comps inched ahead 0.5% in the first quarter ended March 28 versus a 9.5% gain in the prior year's quarter. Comparable retail store sales increased by 2.9% on top of a 16.4% increase a year ago. Comparable
Markwort Acquires Vettex Mouthguards
Markwort Sporting Goods Co. has purchased the Vettex Mouthguards product line. Markwort will continue to produce the Vettex line in the USA…
Skechers Partners with Luen Thai
Skechers USA Inc. said that it recently held its first national sales conference in China with its joint venture partner Luen Thai Enterprises, a Hong Kong-based conglomerate with investments in various industries in Asia, North America and the Pacific Re
Bass Pro to Open in Augusta
Bass Pro Shops plans to open a 100,000-square-foot store in Augusta, GA. Projected to be built by fall 2009, the store will serve as a primary anchor to Village at Riverwatch, an 860,000-square-foot development on River Watch Parkway near Interstate 20. T
More Canadian Retailers Pull BPA Bottles
Wal-Mart Stores Inc's Canadian unit, Hudson's Bay Co., and Canadian Tire Group joined a group of Canadian retailers pulling plastic bottles containing bisphenol A. On Tuesday, The Forzani Group Ltd. said it would pull water bottles made with the
Canada’s West 49 Posts Loss
West 49 posted a net loss of Canadian $1.2 million ($1.15 million) in the fourth quarter due to sluggish sales and a C$3.4 million ($3.1 million) pre-tax goodwill impairment charge. Net sales for the Canadian operator of action sports stores increased 0.8
Gander to Open Two Stores Tuesday
Gander Mountain will open two larger format stores next week in Wisconsin and Virginia…
Kevin Davis Becomes Bauer’s CEO
Kevin Davis was appointed president and CEO of Bauer Hockey following the completion of Nike's sale of Bauer. Davis most recently served as Nike Bauer Hockey's CFO and COO. Bauer CEO Mark Duggan, a long-time Nike executive, remains with Nike fol
Callaway Expects Q1 Sales to Rise 9.4%
Callaway Golf Company expects to report first quarter net sales of approximately $366 million, increasing 9.4% from $334.6 million last year. In addition, the company expects net earnings to increase approximately 25% to a range of 59 cents to 61 cents pe
