Comps Down in February, but Results Improve
Better-than-expected retail results gave the market a bit of a shot in the arm last week as reports had February monthly comps either just above flat or just below. Retail Metrics reported comparable store sales increased 0.7% for the month, while a preli
Foot Locker, Inc. Posts Q4 Loss on Store Closing Charges; February Comps Rise
Foot Locker, Inc. reported that total fourth quarter consolidated sales declined 11.1% to $1.32 billion from $1.48 billion in the prior-year quarter. Excluding the effect of foreign currency fluctuations, sales decreased 7.3%. Same-store sales also decl
NGF: January Rounds Played Up 8.6%
The Golf Datatech National Golf Rounds Played Report showed that in January, golf rounds played varied vastly between regions, with participation in the East North Central, New England, Mid-Atlantic and South Atlantic regions decreasing and participation
Russell Parent’s Earnings Down 34%
According to the just-released annual report from Berkshire Hathaway, pre-tax earnings in its apparel businesses declined 34% in 2008, primarily due to lower sales volume and costs incurred to consolidate certain operations of Russell and Vanity Fair Bran
New OIA Report Stresses Importance of Land and Water Conservation Fund
Outdoor Industry Association (OIA) has partnered with 51 conservation groups to release Conserving America’s Landscapes, a new report highlighting the successes of the Land and Water Conservation Fund (LWCF) and stressing the need for full federal funding
GSI Commerce Appoints Senior VP of Customer Care
GSI Commerce Inc. said Ronald C. Williamson has joined the company in a newly created position as senior vice president of customer care. Williamson will report directly to Bob Wuesthoff, GSI executive vice president of global operations, and will have re
END Footwear Launches in Canada
END (Environmentally Neutral Design), the new performance footwear company focused on sustainability, said it officially launched in Canada. The collection includes road running, trail running, and water shoes for men and women…
Study: Women’s Golf Play Held Back by Male Environment
According to the first-ever Women's Golf Market Study from Golf Datatech, LLC, almost one in three female respondents considered the average golf course to be “a very male oriented place” which inhibits more frequent play. While a majority of female
SGMA Seeks $100 million in PEP Support
A delegation met on March 4th with members of Congress in Washington, D.C. to talk about what can be done to ‘Get America Moving’ as part of the 10th Annual National Health Through Fitness Day. The group included one Heisman Trophy winner; three Olympic g
Björn Borg Proposes Two Board Members
The Nomination Committee of Björn Borg of Stockholm, Sweden, plans to propose that Monica Elling and Fabian Månsson be elected as new members of the Board of Directors of Björn Borg…
Headsweats Hires PR Firm
Headsweats Perspiration Technology Headwear has hired San Francisco-based OutsidePR to conduct a broad-ranged public relations campaign for 2009. OutsidePR will help expand Headsweats’ brand awareness in consumer, trade and outdoor-oriented media…
Ohio to Implement Online License/Permit System in 2011
The Ohio Department of Natural Resources (ODNR), Division of Wildlife has entered into a contract with The Active Network, Inc. to build and implement a Web-based license sales and game check system. The new system will replace the existing hunting, fishi
Stage Stores Comps Fall 8.6% for February
Stage Stores, Inc. said total sales for the four week February period ended Feb. 28, 2009 decreased 4.7% to $100.9 million from $105.9 million in the prior year four week period ended March 1, 2008…
K-Swiss Worldwide Revenues Plunge 28% in Q4
K-Swiss reported net loss for the fourth quarter of 2008 ended Dec. 31 was $13.7 million, or 39 cents per diluted share, compared with net earnings of $596,000, or 2 cents per diluted share, in the prior-year period…
UPDATE: Joe’s Sports to Pursue Sale of Assets
As SGB Update first reported Thursday, Joe's Sports & Outdoor has filed for Chapter 11 bankruptcy protection. Initial reports indicated that the retailer planned to keep all 30 of its stores open while it explored attempted to obtain credit, raise ad
