GSI Commerce Sees 16% Q3 Revenue Jump…
GSI Commerce's Q3 revenues increased 16% to $137.3 million, with 36% growth in service fees and 8% growth in product sales. Merchandise sales increased 36% in Q3, on top of 84% growth last year. Sporting goods merchandise sales growth accelerated seq
Heelys Lowers Q3 Guidance; Opens Family Footwear Channel…
Heelys, Inc. decreased its sales and earnings guidance for Q3 citing increased ad spend, steps taken to reduce inventory in domestic distribution channels, and the company’s providing of “addition markdown assistance.”…
Columbia Sportswear Sees Tough 2008; Q4 Forecast Falls Short of Estimates…
Columbia Sportswear saw a slight up-tick in its top-line during the third quarter fueled by sales of Columbia brand sportswear, and Mountain Hardwear, which was partially offset by considerable declines at Montrail, Pacific Trail and at the company’s Euro
Sports Chalet to Enter Utah
Sport Chalet Inc announced that it will enter the Utah market with the opening of a new 42,000 sq. ft. store in West Jordan this coming weekend. This location, which will feature an on-site SCUBA training pool, will be Sport Chalet's 49th store…
Hi-Tec CEO Takes Over as President of EU Operations
After joining global sports and outdoor brand HI-TEC in 2002, CEO Martin Binnendijk’s prime objectives were to make the company a more consistent, brand focused operation. Now, 5 years on, the company has transformed and both the Hi-Tec and Magnum brand a
Joe’s Sports and Outdoor Revamps Eugene, OR Store
Joe’s Sports & Outdoor has recently completed a series of improvement to its Eugene, Oregon store, which originally opened in 1983. The store saw the addition of a new 5,000 sq. ft. Paddlesport & Boat Center. Repairs, rack installation, ski & snowboard tu
Paintball Trade Association Launches Website
The Paintball Sports Trade Association (PSTA), a not-for-profit organization recently formed in cooperation with the SGMA to increase paintball awareness, acceptance and participation, has officially launched its website at www.paintball.org. Member busin
Illinois State Study Finds Metal Bats As Safe As Wood…
Researchers at Illinois State University concluded a study, which they say proves that non-wood bats are just as safe as wood bats. According to the study, wood bats also reduce hitting averages and raise costs, because of frequent breakage. The study i
Heelys Launches “Non-Wheeled” Shoe
Heelys Inc. has introduced its first “non-wheeled” shoe line – the Gamer by Heelys – featuring a simulated video game controller on the outsole of the shoe. The Gamer shoes will launch in November and will include four free video games in the box…
Big Rock Sports Announces Management Buyout
Big Rock Sports, headquartered in Newport, NC, announced that the management team, led by president & CEO Ed Small, has acquired a majority interest in the company from the previous owners, JP Morgan Partners and Key Principal Partners. The buyout, which
Reebok Basketball Exec Joins Amplify Sports and Entertainment
Brian Cupps, former general manager and global director of marketing for Reebok International, has joined Amplify Sports and Entertainment as vice president and group account director. Amplify Sports and Entertainment specializes in strategic sponsorship
WHAM-O Awarded $6M in Trademark Lawsuit
WHAM-O Inc. said it had prevailed in its suit against SLB Toys USA, Inc. (also known as Manley-Toyquest or ToyQuest) for infringement of WHAM-O's registered trademark on the color 'yellow' for water slides. WHAM-O was awarded the sum of $6
Nordstrom Cuts Guidance Despite Positive September Comps
Nordstrom, Inc. reported sales of $762.2 million for the month of September, an increase of 4.1% compared to sales of $732.5 million a year ago. Same-store sales increased 3.2%…
Costco’s September Comps Jump 6%
Costco reported U.S. comparable store sales rose 6% in the first five weeks ended Oct. 7. By region, comps rose 4% in the U.S. and 13% internationally. Net sales reached $6.05 billion, an increase of 9 percent from $5.53 billion in the same period last ye
Rock/Creek StumpJump Raises $4,000 for Cumberland Trail Conference
The 7th annual Rock/Creek StumpJump 50K sold out months in advance, attracting 400 runners and raising $4,000 for the Cumberland Trail Conference. Friday before the race, Rock/Creek hosted the general public for a Vendor Fair, and then served racers a cat