Bookings at Western Ski Resorts Drop Sharply
Rooms booked in at western destination ski resorts fell off 22.4% last month, indicating occupancy rates for the upcoming season will be 13.3% below last year, according to research released last week. With participation a key driver of snowsports sales,
Oakley Becomes North American Distributor for Arnette, Revo
Effective Jan. 1, 2009, Oakley, subsidiary of Luxottica, will become the sole North American distributor for Luxottica house brands Arnette and Revo for all channels of trade replacing Avant Garde Optics. Additionally, Oakley will become the sole distribu
48STRAIGHT Cancels Season
On the eve of its third season, organizers of the Jeep 48STRAIGHT winter event series have canceled the series after title sponsor and Chrysler subsidiary pulled out…
Dillard’s to Lay Off 500
Dillard's, Inc. said it will lay off approximately 500 associates in a “strategic staff reduction” aimed at reduce operating expenses. The workforce reduction includes approximately 60 associates in Little Rock, Arkansas. Dillard's employs appro
Accell Ups Profit Guidance on Strong e-Bike Sales
Accell Group expects an increase of net profit from ordinary operations of approximately 15% for 2008 in comparison to 2007. The forecast is based on the turnover for the period up to and including October and the prospects for the last two months of the
adidas Signs 11-Year Deal with IAAF
adidas and the International Association of Athletics Federations have entered an 11-year partnership agreement granting adidas the world-wide sponsorship rights for all IAAF World Athletic Series events from 2009 until 2019. The partnership incorporates
Report: Brand Strength May Be Key in Tough Economy
The SportsOneSource Group has released its 2009 Brand Strength Index, indicating that Nike, adidas, New Balance, Reebok and Under Armour have the strongest connection with consumers going into the new year…
Sport-Haley Q3 Net Loss Widens
Sport-Haley, Inc. reported net sales of fashion apparel decreased 18% in the third quarter ended Sept. 30, to $2.84 million from $3.41 million. Net sales of Sport Haley apparel declined 7% to $1.46 million. Net sales of Ben Hogan apparel were down 26% to
Fishing Lifts Element 21 Golf
Element 21 Golf Company, which manufactures Scandium Alloy golf and fishing equipment, generated net revenue of $555,256 for the third quarter ended Sept. 30, an increase of 323% compared to revenue of $131,131 in the year earlier period…
HBI to Cut Another 395 Jobs
Hanesbrands Inc., the parent of Champion and Duofold, said it will trim 210 management and corporate positions to reduce costs, and also plans to close a China Grove, NC yarn plant by the end of the year, affecting another 185 employees. Hanesbrands has a
Steve and Barry’s to Liquidate
Steve & Barry's has filed for bankruptcy protection a second time, less than five months after its initial filing, with a plan to fully liquidate. According to the company's Chapter 11 petition filed late Wednesday, the 276-store retail chain sa
Shoe Carnival Q3 Hampered by Slow Traffic
With store traffic slowing significantly after the back-to-school selling period, Shoe Carnival reported Q3 earnings fell 38.1% as net sales slid 2.2% and comps dropped 5% for the quarter. On a conference call with analysts, SCVL President and CEO Mark L
Cannondale SG Lines Up Financing for Dealers
GE Money’s Sales Finance unit and Cannondale Sports Group (CSG) have entered a multi-year agreement to provide a consumer financing program to CSG dealers nationwide, beginning Jan. 15, 2009…
Zumiez Inc. Puts New Store Plans on Hiatus After Tough Third Quarter
Zumiez Inc. will slow new store expansion to no more than 15% on a square footage basis compared to the current rate of 24% and reduce capital expenditures to approximately $28 million in fiscal 2009. The action sports retailer said a deteriorating retail
ISPO Winter Show Gets New Exhibition Group Director
Markus Hefter has taken over the position of Exhibition Group Director for ispo winter, and will be responsible for all sectors of the international sporting goods exhibition. Hefter has been working for ispo since…
