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Industry Vendors See Profit Growth Slow in Q3

<p>The theme for the fiscal second quarter may have been &#8220;tighten, tighten, tighten&#8221; as sporting goods industry vendors focused on bottom line growth, but the trends for the third quarter have settled into a more normalized pre-recession pattern </p>

Schutt Sports Acquired by PE Firm at Auction

<p>Platinum Equity, a Los Angeles-based private investment group, submitted a winning $32.5 million bid for the assets of Schutt Sports at an auction last week in federal bankruptcy court in Delaware. The successful offer came after a 19-hour bidding maratho</p>

Hong Kong Economist Urges Exporters to Look Inward

<p>Hong Kong exporters should explore relocating some production outside the Pearl River Delta and even outside of China to mitigate soaring production costs on the mainland, a leading Hong Kong economist said last week&#8230;</p>

NRF: Container Imports on Track to Grow 17%

<p>Import cargo volume at the nation&#8217;s major retail container ports is expected to be up 9% in December over December 2009, and 2010 should end with a 17% increase over last year, according to the National Retail Federation&#8230;</p>

Everlast to Become a Softgoods Exclusive for Sears and Kmart

<p>Everlast Worldwide Inc. awarded Sears Holdings the U.S. license for the Everlast brand for soft goods. The license covers apparel, footwear and accessories such as headwear, bags and underwear for men, women and kids. It does not include boxing equipment.</p>

NRF Upgrades Holiday Forecast

<p>With a solid start to the season, the National Retail Federation last week revised its holiday forecast to 3.3%, up from 2.3%. The revision is due to improvement in a variety of economic indicators including stock market gains, recent income growth, savin</p>

Leatherman Tool Group Acquires German LED Light Co

<p>Leatherman Tool Group, Inc. is getting into the lighting business after inking a definitive agreement to acquire a majority interest Zweibrûder Optoelectronics GmbH &#038; Co. KB, a manufacturer of LED Lenser flashlights&#8230;</p>

Best Buy Fitness Pilot Leads to Nationwide Roll Out

<p>Best Buy announced the national rollout of health and fitness products at its 600 Best Buy stores across the country. Items include heart rate monitoring watches, pedometers, special MP3 players, earbuds, headphones, yoga mats, scales and blood pressure m</p>

Third Quarter Public Company Results Moderate

<p>For the bicycle, outdoor and snow sports market, the third quarter of 2009 was one of margin preservation by way of substantial inventory reduction. Following a highly-promotional fiscal 2009 front half, vendors and accounts in the year-ago period slashed</p>