SGB Sports & Fitness

Sport-Haley Suffers 10% Q3 Sales Decline

Sport-Haley, Inc. said net sales for the three months ended March 31, 2008, were $4.74 million, a decrease of 10%, from $5.3 million for the comparable three-month period in the prior fiscal year.

TYR Sues Speedo Over LZR Racer Suit

TYR Sport has filed a federal lawsuit alleging that Speedo, manufacturer of the record-breaking “LZR Racer,” has conspired with USA Swimming to stifle competition and lure top athletes away from other companies. TYR claims Warnaco Swimwear, the parent com

Adams Golf Sees 1% Q1 Sales Gain

Adams Golf reported sales inched up 1% to $28 million for the first quarter ended March 31, compared to $27.8 million a year ago. The company reported net income of $0.8 million, or 11 cents a share, for the first quarter compared to net income of $3.8 mi

Oboz Moves to Bozeman

Oboz has relocated to a new headquarters in Bozeman, Montana. The larger offices are located in downtown Bozeman, one block off the town’s historic Main Street. Oboz is now in a building that dates from 1909, and which was once used by Schnee’s as a cobb

Nau’s Legacy Cloaked in Irony…

The irony is unmistakable. In the end, the company that promised to break new ground in establishing a sustainable business model could not sustain itself. Nau Inc., launched in 2005 as Under the Wire, promised to make lasting change in how companies desi

Kohl’s Ups Guidance as Sales Spring Back

Kohl’s Corporation reported a 12.0% rise in sales for the four-week period ended May 3, 2008 and said comp store sales rose 3.5% during the period, but nearly all the improvement was due to a shift in the calendar. Still, the department store retailer sai

Ross Stores Posts 8% Comp Gain

Ross Stores, Inc. reported that its April sales increased 15% to $480 million from $417 million a year ago. Same store sales for the month increased 8%. Due to strong trends, the off-pricer raised its estimates for the first quarter…

Neiman Marcus’s Comps Dip 0.6%

Neiman Marcus, Inc. reported revenues dipped 0.6% during April to $343 million from $346 million. Comps declined 1.9%. Comps in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, decreased 3.6%…

Avis CEO Joins Hanesbrands’ Board

Hanesbrands Inc., the parent of Hanes and Champion, said Ronald L. Nelson, chairman and chief executive of car rental company Avis Budget Group Inc., has been elected to its board of directors, effective July 21. Nelson, 55, will serve for a term that wil

Schwinn Picks Rebranding Agency

Schwinn Bicycles, owned by Dorel Industries, selected Philadelphia agency, STICK and MOVE, to partner in developing a rebranding campaign focused on building excitement with recreational cyclists. The campaign is slated to launch by the end of the summer

Mountainsmith Hires Domestic Sales Mgr

Mountainsmith announced the appointment of Jay Getzel to the newly-created position of domestic sales manager. Getzel was most recently sales and service manager for C.A.M.P. USA in Broomfield, CO…

Puma Experiences Weak Q1 in U.S. Market

Puma’s worldwide branded sales, which include consolidated and license sales, rose currency neutral 0.5% for the first quarter. In reporting terms, branded sales reached € 741.2 million ($1.11 bn) versus € 762.1 million ($998.7 mm). Footwear sales were do

Adidas Q1 Profit Climbs 32%

Adidas AG Tuesday reported net profit jumped 32% to 169 million euros ($261.7 million) from 128 million euros a year earlier. Revenue rose 3.3% to 2.62 billion euros ($4.05 billion) from 2.54 billion euros. Group sales increased 10% on a currency-neutral