Holiday Gift Card Sales Expected to Decline
Shoppers’ price-conscious mentality is taking a toll on the season’s most-requested present: gift cards. The National Retail Federation's sixth annual Gift Card Survey found that gift card sales will fall nearly 6% this holiday season to $24.9 billio
Hibbett Raise Earnings Outlook on 8.1% Sales Increase
Hibbett Sports Inc. raised its earnings outlook for the fiscal year ended Jan. 31, 2009 saying its IT investments were helping it better manage inventory and boost comp store sales despite economic headwinds. The company said net sales rose 8.1% on a 0.4%
Foot Locker Reports Q3 Sales Slip 3.5%, Cuts FY EPS Outlook
Foot Locker, Inc. reported net income of $24 million, or 16 cents per share, for the third quarter ended Nov. 1, 2008, compared with net loss of $33 million, or 22 cents per share, last year. But the retailer lowered its guidance for fiscal 2008 below ana
TSL Snowshoes Adds to Sales Team
TSL Snowshoes, manufacturer and distributor of domestically produced snowshoes, has added the Shaw & Heald Sales group to their national sales rep team. The group headed up by Andy Shaw and Scott Heald will be responsible for the New England Territory…
Ogio Promotes Two to VP Positions
OGIO reports that it will promote Tom Gocke to VP/global golf and Nick Wright to VP/global ASI (ad specialty industry) due to one of its most successful sales spikes in its 20-year history…
Patagonia Opens First Store in Texas
Patagonia has opened its 25th retail store and its first location in Texas. The new 7,000-square-foot Patagonia store is located in a historic building that began life as the W.B. Smith dry goods store in 1884, four years before the state capitol down the
Trek Signs on as Title Sponsor of Triathlon Series
Trek Bicycle will be the title sponsor of a new triathlon series expected to draw 25,000 women participants in its first year. The new Trek Women's Triathlon Series is built around the sprint distance format (a 1/2-mile swim, 12-mile bike, and 3-mile
Head NV Has Solid Q3 in Winter Sports, But Other Division Woes Offset Gains
Head NV reported net revenues inched up 0.3% in the third quarter to €93.1 million ($116.8mm) thanks to an 11.1% gain in winter sports sales. When measured in constant currencies, sales rose 4.6% for the period. But the growth was not enough to offset dec
Mizuno First Half Sales Decline 2.5%
Mizuno reported sales of ¥84.75 billion ($799.2 mm) for the fiscal first half ending Sept. 30, down 2.5% from the year-ago first half mark of ¥86.91 billion ($729.1 mm). Operating income dropped 16.2% to ¥3.45 billion ($32.5 mm), while net income after ta
New Balance Adds Sr Marketing Mgr Global Sports
New Balance has added Chris Passarell as Senior Marketing Manager Global Sports. Passarell will lead Integrated Marketing for the Performance SBUs (Running, Sport, Outdoor and Kids) and Creative Services…
NRF: Retailers Easing Return Policies for Holiday
According to the National Retail Federation’s third annual Return Fraud Survey, completed by 82 retail loss prevention executives last month, more than half of the retailers surveyed (52%) say their holiday return policies will be more lenient than the po
New Balance Names Senior Manager, Global Sports
New Balance named Chris Passarell to the position of senior marketing manager, global sports. Passarell will lead Integrated Marketing for the Performance SBUs (Running, Sport, Outdoor and Kids) and Creative Services. Passarell was most recently with Russ
REI to Add Some Schwinn Bikes in 2009
As part of a growing relationship with Dorel Industries Inc.’s Cannondale Sports Group (CSG), REI will begin carrying some higher end Schwinn bikes in 2009, REI Cycle Product Manager Brian Foley told The B.O.S.S. Report last week…
Trek Bicycle Sponsors New Women’s Triathlon Series
Trek Bicycle has signed on as title sponsor of a new women’s triathlon Series. The Trek Women’s Triathlon Series is targeting 12 cities for 2009 with more than 25,000 entrants anticipated. The Series is aimed at breaking down barriers for women athletes b
PGA of America Elects Remy as President
Jim Remy of Ludlow, Vt., was elected the 36th president of The Professional Golfers' Association of America by delegates at the association's 92nd annual meeting in Phoenix, Ariz. Remy previously served as secretary of the association from 2004-
