SGB Sports & Fitness

Pacific Sunwear’s Q4 Net Sinks 33.9%

Pacific Sunwear of California, Inc. reported sales from continuing operations for the fourth quarter decreased 7.8% to $420.1 million from $455.8 million. Same-store sales decreased 2.2%. By concept, PacSun same-store sales increased 2.1% and demo same-st

City Sports Acquired by PE Firm; Hanaka Takes Board Seat

City Sports has been acquired by Highland Consumer Fund, with the firm also supplying City Sports with a substantial growth equity investment. The move will enable City Sports to further invest in its growth strategy and enhance its leadership position in

Dick’s Sporting Goods Q4 Net Income Beats Estimates

Dick's Sporting Goods said fourth-quarter net income rose 8% to $73.2 million, or 62 cents a share, topping recent guidance calling for 60 to 61 cents a share. A year ago, the company posted net income of $67.7 million, or 60 cents a share, for the f

Doug Kelly Out at Russell Athletic

Doug Kelly, who joined Russell Athletic as president about a year and half ago, is leaving the company to pursue other interests. No new president will be appointed. Kelly's duties will be divided among several Russell executives: Gary Barfield, Matt

Shirts and Skins Moves Headquarters

Shirts & Skins, Inc. (S&S), the producer of basketball uniforms, recently announced plans to move its corporate office/warehouse to Tualatin, Oregon, a suburb of Portland, in Mid-February of 2008. The new building will be approximately 15 miles from its c

Loop’d Network Launches Site for Skiers

Loop’d Network, a San Diego start-up that is creating a social networking site for action sports brands, has launched a community for skiers. The new site offers skiers the ability to seek sponsorship, enter contests sponsored by brands such as Oakley and

Fox Racing Shox Hires Patent Attorney

Fox Factory, Inc. has hired a high-powered patent attorney, inventor and former mountain biking and motocross enthusiast as its general counsel. David Haugen, who will also carry the title “chief patent attorney,” will focus on ensuring that Fox's i

Outdoor Industry Association Forms PAC

The Outdoor Industry Association (OIA) board of directors has approved the formation of the OIA Political Action Committee. The new political action committee, known as OIAPAC, will support candidates seeking election to Congress or the presidency…

MLS Partners With GSI Commerce

GSI Commerce Inc. has become the new, full-service e-commerce solution provider for Major League Soccer (MLS) recently re-launching the league's Web store at http://www.mlsgear.com. With the addition of MLS, GSI provides e-commerce solutions for near

Shimano Inc. Acquires Pearl Izumi from Nautilus…

Pearl Izumi has a new owner, and it seems to be a better fit this time around. Shimano Inc., the Japanese cycling and fishing gear maker, reached an agreement to buy Pearl Izumi for $69.5 million in cash. Nautilus had put the cycling and running brand on

Bob’s Sees Return to Profitability in Q4 Ex Charges…

Excluding an impairment charge, Bob's Stores posted a $3 million operating profit for the fourth quarter versus a loss in the prior-year quarter. Sales advanced 6.7% to $96 million from $90 million. Comps climbed 10%. With the after-tax charge of $5

Cascade Designs Hires European Sales Manager

Cascade Designs, Ltd., announced that Annette Jansen has joined the company as European Regional Sales Manager. Jansen will take responsibility for specific regions within the European sales team and help support the rapidly growing sales of Therm-a-Rest,

Weyco Group Q4 Profits Up Slightly

Weyco Group Inc. reported slightly higher profits for the fourth quarter, despite flat retail sales and declining U.S. sales of the key Florsheim brand. Net income increased 1% to $7.8 million, or 66 cents per share, compared with $7.7 million, or 64 cen