K-Swiss Opens Store in Taiwan
K-Swiss plans to open its first-ever running retail store in the Tienmu area of Taipei, Taiwan. To celebrate the grand opening, K-Swiss will host a high energy 10K Race in Taipei that has already attracted the maximum capacity of 2,500 runners on Sunday,
Joe’s Sports Temporarily Lays Off Half of Warehouse Workforce
Joe's Sports, Outdoor & More will temporarily lay off half the work force at its Wilsonville, OR distribution center, reported The Oregonian. Employees were told this week that the warehouse, which distributes to all 31 of the chain's stores, wo
Sports Direct Reiterates Full Year Guidance
Sports Direct International Plc. forecast full-year earnings in line with guidance as it reported a 12% increase in third-quarter sales. The U.K.-based company, which owns the Sports World and Lillywhites stores as well as brands such as Slazenger, Lonsd
McDavid Partners with Inside Lacrosse
McDavid Sports Medicine has partnered with Inside Lacrosse as part of an effort to increase its presence within the lacrosse market. The arrangement with Inside Lacrosse gives McDavid’s HexPad collection of protective apparel an on-field presence at some
Asics Lowers Guidance Despite Solid Q3
Asics Corp. reported third quarter net sales of ¥60.42 billion ($628.9 mm), increasing 5.5% from net sales of ¥57.27 billion ($506.3 mm) last year. The company saw growth in both footwear and apparel more than offset a slight decline in equipment sales, b
Wal-Mart Introduces Russell Simmons Line
Wal-Mart has introduced a new line of men's clothing designed by hip-hop entrepreneur Russell Simmons, the creator of Phat Farm. The clothing line, American Classics, is already being tested at some locations but will launch in the next few weeks at
Gander Mountain Q4 Profit Improves; Comps Slip 0.2%
Gander Mountain Co. said it expects consolidated sales for the fourth quarter of approximately $333 million compared to $318 million a year ago, a 4.9% increase. Net income is expected to reach approximately $20 million compared to net income of $5.8 mill
Jeff Rosenthal Promoted to Hibbett’s President and COO
Hibbett Sports, Inc. announced the promotion of Jeff Rosenthal, the company's vice president of merchandising, to president and chief operating officer, effective immediately. Rosenthal has been involved in the industry since 1981…
John Shanley Loses Battle with Cancer
John Shanley, 65, veteran footwear and retail research analyst at Susquehanna International Group, passed away last Sunday, after battling with bladder cancer for more than four years. Shanley had twenty-five plus years of experience within the footwear a
Tifosi Optics Hires Eastern Outdoor Sales
Tifosi Optics has partnered with Allyn Morton and the rest of the team at Eastern Outdoor Sales. EOS will represent a full range of Tifosi Optics performance eyewear, including polarized and Fototecphotochromic styles….
Wal-Mart Q4 Sees Steady Net Sales
Wal-Mart Stores, Inc. said net sales for the fourth quarter ended Jan. 31, 2009 were $107.99 billion, an increase of 1.7% from $106.21 billion in the fourth quarter last year. Income from continuing operations for the quarter was $3.792 billion, a decreas
Nautilus Delays Q4 Conference Call
Nautilus, Inc. has rescheduled its previously announced conference call to discuss its fourth quarter results to March 10. The company said the rescheduled conference call date is necessary to allow additional time to complete the few remaining items in c
Mizuno Lowers Outlook After Tough Q3
Mizuno Corp. had a difficult third quarter as continued softness in the global economy slowed sales and caused the company to lower its guidance for the fiscal year that ends at the end of March. The company now anticipates reporting a net loss for the fi
SEC Settles DKS Insider Trading Case
The U.S. Securities and Exchange Commission settled an insider trading case against four individuals, including the former vice president of real estate at Dick's Sporting Goods Inc., related to the DKS acquisition of Galyan's Trading Company in
WSA Show Can’t Live Up to Lowered Expectations
The WSA Show has rapidly devolved into a regional show once again – but the company that owns the show still has the floor space for a much bigger event. The empty aisles at the Sands Expo and Mandalay Bay had many wondering why show management had not c
