Lululemon’s Q2 Profits Slide as Comps Dip 2%
Lululemon Athletica Inc. reported revenues in the second quarter increased 14% to $97.7 million from $85.5 million a year ago. Sales from corporate-owned stores increased 9% to $85.1 million from $78.3 million although comps were down 2%. Earnings slid 17
NexCen Brands Announces Expansion of Six Franchised Brands in Africa
NexCen Brands, Inc. signed a master franchise agreement with Teixeira Development Group, an Angolan company, for the expansion of the Company's Great American Cookies, MaggieMoo's, Marble Slab Creamery, Pretzelmaker, TAF, and Shoebox New York br
SGMA Forms European Help Desk
SGMA has launched a new program, the SGMA European Help Desk, designed to assist member companies in improving their competitiveness in the European marketplace…
Speedo Extends Sponsorship with Michael Phelps Through 2013
Speedo extended its long-time partnership with swimming superstar Michael Phelps through 2013. As part of Phelps’ new Speedo deal, the brand will donate $10,000 to the Michael Phelps Foundation for every World Record Phelps sets; Phelps has committe
Senate Forms Outdoor Recreation Caucus
Senators Mark Udall (D-CO) and James Risch (R-ID) have created the Senate Outdoor Recreation Caucus. The aim of the Caucus is to encourage healthy, active lifestyles that foster an appreciation of America's lands and waters through participation in o
Skis.com Capitalizes from Online Videos
Skis.com announced that the expansion of the website's online video library has helped the company to increase customer conversion rates as well as the number of visitors to the online ski retailer's site…
Smith and Wesson Reports Q1 Sales Up 30% on Handguns, Tactical Rifles
Smith & Wesson Holding Corporation said net sales for the first fiscal quarter ended July 31, 2009 were $102.2 million, which was $23.8 million, or 30.3%, higher than net sales of $78.5 million for the first fiscal quarter last year…
NC Highway Patrol Switches to SWHC Pistols and Tactical Rifles
Smith & Wesson Holding Corporation said the North Carolina Highway Patrol has chosen to equip all of its officers with Smith & Wesson Military & Police (M&P) Series pistols and with M&P Series tactical rifles. The M&P357 pistols and M&P15 tactical rifles
NICS: Firearms Checks up 12.3% in August
Data released by the FBI's National Instant Criminal Background Check System (NICS) reported 1,074,757 checks in August 2009, accordin gto a release by the National Shooting Sports Foundation. This figure is a 12.3% increase from the 956,872 reported
VP of Sales and Marketing Named for ThreadLites
US Branding Group, LLC, based in West Palm Beach, FL, has named Rob Glazer, VP of sales & marketing for its ThreadLites – Illuminated Branded Apparel division. Glazer initially worked for Reebok selling, marketing and managing key accounts within the Nor
Forzani Comps Fall 1% in Second Quarter
The Forzani Group Ltd. total revenue for the second quarter was up 0.3% from a year earlier and included an 8.1% gain in wholesale sales to third parties and the franchise network. Comparable store sales fell 1.0% during the quarter. Forzani slipped to a
Wolverine World Wide Restructures Outdoor Group
Just before press time last week, Sports Executive Weekly learned that Wolverine World Wide is restructuring the reporting structure of its Outdoor Group. The main component of this restructuring was the appointment of Bill Dodge as vice president – produ
SGMA: Team Sports Impacted by Economy
According to recent research conducted by the SGMA, overall participation numbers in team sports are not as strong as they once were. The popularity of traditional team sports in the U.S. is being undermined by four key issues: the struggling U.S. econom
New Study: Camping Participation on the Rise
The Outdoor Foundation and The Coleman Company, Inc. commissioned a study into camping participation, demographics and trends. The results, which were released last week, show a sizable 7.4% increase in car and backyard camping in 2008…
BJ’s Comps Slide 1.9% in August
BJ’s Wholesale Club, Inc. reported that sales for August 2009 decreased by 1.9% to $757.6 million from $772.6 million in August 2008. On a comparable club basis, sales for August 2009 decreased by 6.0%, including a negative impact of 8.2% from lower
