SGB Sports & Fitness

Big Rock Sports Relocates Distribution Center

Big Rock Sports plans to relocate its Henry's Distribution Center to Hamlet, NC. This move will enable Big Rock Sports to expand from 170,000 square feet to 310,000 square feet of warehouse space. The new state-of-the-art facility will start receivin

Under Armour Beats the Street in Q1

Under Armour, Inc. got Wall Street excited again this week following the company’s report of first quarter results. Like the news media during a Barack Obama speech, analysts and investors were quick to buy into the numbers, conveniently ignoring the lac

DSW Shoes Opens Store in Frederick, MD

DSW will open a new store in Frederick, MD on May 7. The store will be the 16th DSW location in the Washington D.C. market. The 17,000 square foot store in Frederick will offer women and men thousands of shoes in a contemporary setting…

Volcom Q1 Sales Slide 15%; EPS Plummets

Volcom, Inc. reported first quarter consolidated revenues were $68.3 million, a 15% drop from $80.6 million in the first quarter of 2008. Total revenues in the company’s U.S. segment, which includes revenues from the U.S., Canada, Japan and most other int

Teva Secures Two New Sales Agencies

Teva, a division of Deckers Outdoor Corporation, has hired Great Pacific Sales to represent the brand in Northern California and McG Sales to represent the brand in the Mid-Atlantic. Both sales organizations will report in to Jake Brandman, Teva VP of Dom

Secretary of Interior Creates Office of Youth

Secretary of Interior Salazar has created a new Office of Youth. The new office will coordinate a department-wide youth program to introduce young Americans from all backgrounds to the beauty, values and importance of our national parks and monuments, ref

Callaway Q1 Earnings Plummet in Tough Golf Market

Callaway Golf Company reported that net sales declined 25.8% to $271.9 million in the first quarter, compared to $366.5 million in Q1 2008. Net income fell 82.8% to $6.8 million, or 11 cents per diluted share, compared to $39.7 million, or 61 cents per d

Report: Foot Locker’s Serra May Retire Soon

The New York Post is reporting this morning that Foot Locker, Inc. Chairman and CEO Matt Serra may be ready to hang up his sneakers after nearly ten years at the helm. The Post said it had learned that Mr. Serra is “gearing up for retirement” and noted h

Rocky Q1 Revenues, Earnings Drop Despite Cost Cutting

Rocky Brands, Inc. said net sales for the first quarter of 2009 decreased to $50.1 million versus net sales of $60.5 million in the first quarter of 2008. The company reported a net loss of $1.1 million, or (20 cents) per diluted share versus net income o

L.L. Bean to Lay Off Over 200 Maine Employees

L.L. Bean Inc. plans to lay off 200 to 240 workers in Maine due to poor sales results, reported the Associated Press (AP). In a letter to its 5,400 employees Friday, the retailer said the voluntary retirement incentives it tried to enforce in February wer

Jarden to Offer $250 Million in Notes

Jarden Corp., the parent of Coleman, K2, Rawlings, Marmot and other outdoor brands, said it will offer $250 million in notes and use proceeds to pay off part of its senior credit facility term loans. Jarden said the senior unsecured notes would be guarant