Shimano Feels the Effects of Global Recession in First Half
Shimano Inc. reported that the impact of the global recession and the pressure to reduce inventories has caused its bicycle components business and fishing tackle business to suffer from lackluster sales for the first half of 2009 ended June 30. As a resu
Sports Multiplied Names New Regional Reps for 2XU and BONT Cycling
Sports Multiplied, LLC, distributors of 2XU sports apparel and BONT cycling shoes, have recently appointed new sales reps in the Northern California and Colorado / Utah regions…
Sport Chalet’s Fiscal First Quarter Sales Down on 14.7% Comp Sales Decline
Sport Chalet, Inc. saw sales decrease 8.9% to $79.4 million for the first quarter of fiscal 2010 from $87.1 million a year ago. Comps tumbled 14.7%. The net loss was narrowed to $3.0 million, or 21 cents per share, compared to a loss of $4.5 million, or 3
OIA Survey: Small Outdoor Businesses More Pessimistic
A survey released by the Outdoor Industry Association found that small businesses have a more negative view about the economy than they did in the fall 2008 or in spring 2009. The results reflect the third survey conducted by OIA, in conjunction with Pip
GSI Commerce to Offer 1.8 Million Shares of Common Stock
GSI Commerce Inc. announced a registered public offering of 1,811,150 shares of common stock to be sold by the company and 8,188,850 shares of common stock to be sold by selling stockholders…
The End of the Road for END Footwear
LaCrosse Footwear made a strategic decision to discontinue END Footwear (Environmentally Neutral Design) as a standalone outdoor and running brand. LaCrosse plans to leverage the END platform of innovative lightweight designs into the LaCrosse and Danner
Dillard’s July Camps Fall Double-Digits
Dillard’s, Inc. reported that merchandise sales in comparable stores decreased 12% for the four-week July period ended August 1. Sales were slightly above the average total company trend in the Eastern region, slightly below trend in the Central region a
J.C. Penney Sees July Comps Fall 12.3%
J. C. Penney Company, Inc. said comparable store sales for the four-week period ended Aug. 1, 2009 decreased 12.3%, slightly better than the Company’s guidance for sales to decrease 13% to 16%…
Kohl’s Comps Inched Up .4% for July
Kohl’s Corporation reported that total sales for the four-week month ended August 1, 2009 increased 5.2 percent from the four-week month ended August 2, 2008. On a comparable store basis, sales increased 0.4 percent. For the year-to-date period, total sa
Target July Comps Fall 6.5%
Target Corporation sales for the four weeks ended August 1, 2009 were $4.42 billion, a decrease of 3.2% from $4.57 billion for the four weeks ended August 2, 2008. On this same basis, July comparable-store sales decreased 6.5%…
Remington Non-Lead Hunting Ammo Receives California Certification
Remington said as of July 12, Premier Copper Solid Rifle, Premier Copper Solid Sabot Slugs and Premier Disintegrator Varmint lines of ammunition have been approved by the California Department of Fish and Game for use in the hunting zones within the range
Crocs Sales Slide 11.3% in Second Quarter
Crocs, Inc. reported Q2 revenue slid 11.3% to $197.7 million from $222.8 million a year ago but exceeded company guidance for the quarter. On a non-GAAP basis, the company’s Q2 2009 net loss after taxes was $5.0 million, or 6 cents a share…
Eddie Bauer Completes Sale to Golden Gate Capital
Eddie Bauer Holdings, Inc. has completed the previously announced sale of its assets and operations to Golden Gate Capital for $286 million in cash…
Dorel Acquires Gemini Bicycles
Dorel Industries has acquired assets of Sydney-based Gemini Bicycles for US $2.2 million. The business will become part of Dorel's Cycling Sports Group (CSG)…
Small Outdoor Business Owners Pessimistic About Economic Recovery
In a survey released today by Outdoor Industry Association (OIA), small businesses reported their revenue expectations for 2009 continue to fall and employment indicators continue to decline. Bottom line: Outdoor businesses have a more negative view abo
