Foot Locker Sued Over Gift-Card Policy
A New Jersey man sued Foot Locker over the store's gift card policies, charging in court papers that they violate New Jersey's consumer laws. In a lawsuit filed in late August in Middlesex County, Sayreville resident Joseph Vona claims that Foot
The SportsOneSource Debate: The Election…
Turns out our industry is about as divided as the rest of the country around which Presidential candidate is best qualified to steward our country. Late last week, SportsOneSource queried subscribers asking how the election of John McCain or Barack Obama
BPSA Releases Schedule for 2009 Bicycle Leadership Conference
The Bicycle Product Suppliers Association (BPSA) announced a preliminary agenda for its 2009 Bicycle Leadership Conference (BLC) to be held in conjunction with the Sea Otter Classic, Apr. 15-17, 2009, at the Embassy Suites in Seaside, CA….
Brown Shoe Cuts Q3 Guidance on Weaker at Famous Footwear
Brown Shoe Co. cut its third-quarter outlook primarily due to disappointing sales at its Famous Footwear unit. Famous Footwear's comps are now expected to decline between 4.5-to-5.5%. When it released second quarter results on Aug. 27, Brown Shoe pre
Fishing Line Launch Sends Element 21 Q4 Soaring
Element 21 Golf Company, the Toronto-based manufacturer of Scandium Alloy golf and fishing equipment, reported revenues of $888,808 for the fourth quarter ended June 30. Revenues increased 686% compared to $112,963 reported for the same period fiscal 2007
The SportsOneSource Debate: The Election
Turns out our industry is about as divided as the rest of the country around which Presidential candidate is best qualified to steward our country. Late last week, SportsOneSource queried subscribers asking how the election of John McCain or Barack Obama
Cabela’s Inc. Cuts 10% of Corporate Headquarter Jobs
Cabela's Inc. reduced its workforce by approximately 10% at its corporate headquarters in Sidney, NE. After completing a review of its organizational structure, the company decided to reduce staffing levels in selected areas. The company expects app
U.S. Golf Rounds Played Up 4.4% for August 2008
Despite a lagging economy, most regions included in the report posted growth for August 2008. According to the report, national golf rounds played in the U.S. were up 4.4% in August 2008 vs. August 2007, bringing the year-to-date total to a decrease of 0.
Dick’s SG Settles FTC Charges
Thursday, the Federal Trade Commission announced a consent agreement and order that settled charges that Golf Galaxy, a subsidiary of Dick’s Sporting Good’s Inc., violated federal law by illegally agreeing with a potential competitor, Golf Canada, to allo
A Time of Transition
Since the last general election year, change has been a constant in the sporting goods retail landscape. The past year certainly goes down as a sluggish period for the sporting goods industry, marked by recessionary worries, escalating gas prices, and ane
TJX’s Comps Slide 1%, Lowers Guidance
The TJX Cos., Inc. reported sales rose 3% in the five weeks ended October 4, to $1.83 billion. Comps decreased 1%. The company is lowering its guidance for third quarter earnings per share from continuing operations to the range of 55 cents to 58 cents pr
Grenade Gloves Hires New Sales Manager
Grenade Gloves hired Marty Carrigan as West regional sales manager. Carrigan comes to the company with an extensive background in equipment, apparel and accessories for the action sports industry, with a heavy emphasis on winter sports. He earned a degree
Tender Corp. Secures Private Equity
Tender Corp., a major provider of insect repellents and other health products to outdoor retailers, said it secured a major investment from private equity firm Prospect Partners, LLC, of Chicago, Ill. Terms were not disclosed…
Deckers Expects to Exceed Q3 Guidance
Deckers Outdoor Corporation expects third quarter 2008 sales, ended Sept. 30, to be approximately $195 million, which would represent an increase of 51% over 2007 levels, up from its previous guidance of an increase of approximately 34%. Based on higher t
RECALL: Outdoor Playset Gliders
The CPSC has recalled about 500 outdoor playset gliders made by Backyard Play Systems. Some of the gliders were shipped with assembly instructions that did not inform consumers to tighten all lock nuts during assembly, including those attached by the manu
