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Tefron Announces Streamlining Measures

Tefron Ltd., the producer of intimate apparel, performance activewear and swimwear, said that as a results of the slowdown in global economy, it plans a headcount reduction at the company of around 15%. The Israeli-based company said that cutbacks include

Retailers Also Tighten Inventory

Big 5 Sporting Goods management presented at the ICR conference touting their value-based business model as one that will see particular success with the new value-conscious consumer. Chairman, president and CEO Steve Miller noted that Big 5 average $213

Industry Companies Give a Peek Under The Tent

Industry companies hit the road last week in hopes of drumming up some new investment dollars during a time of difficult trading conditions. The two big conferences for the active sports lifestyle market were the ICR Xchange Conference in Dana Point, CA a

Vans Exec Joins Taryn Rose International

Taryn Rose International, the luxury footwear brand, appointed Donald Petersen to vice president of operations, effective immediately. Petersen managed operations for Reebok International in the United States and Europe, oversaw logistics for multiple bra

The Deals of the Year (Year in Review)

The Deals of the Year, 2008…

Though lacking any of the major blockbuster deals like adidas/Reebok or even Quiksilver/Rossignol that seemed to fuel speculation in years past, 2008 did see a healthy amount of M&A activity as companies looked to achieve b

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

Gap Inc. Snaps Up Athleta for $150 Million

Gap, Inc., has agreed to acquire Athleta, Inc., the women’s sports and active apparel catalog company, for about $150 million in cash. The acquisition will help Gap break into the $31 billion women’s active apparel sector in the U.S., which is drawing att

Investors Turn to Sporting Goods in Tough Times

The old adage about the sporting goods industry weathering tough economic times got a real test last week. A first blush review of Wall Street results last week reveals that the industry did fare better than the market as a whole and many other sectors,

Investors Turn to Outdoor Stocks in Tough Times

The old adage about the sporting goods industry weathering tough economic times got a real test last week. A first blush review of Wall Street results last week reveals that the outdoor industry did fare better than the market as a whole and many other s

Outdoor Industry’s Margins Squeezed in Q2

Second-quarter sales were brisk for outdoor vendors and retailers, but declining margins caused declines in profits and return on sales. Sales growth nearly kept pace with inventory growth, a good sign as the industry continues to encounter increasing cos

Second Quarter A Mixed Bag for Outdoor Industry

Sales were brisk in the second quarter for both vendors and retailers in the outdoor industry. However, margins contracted during the period, forcing declines in profits and return on sales. Inventories grew at nearly the pace of sales on a consolidated b