FLW Outdoors Files Suit Against BRP/Evinrude
FLW Outdoors has filed a lawsuit in Minnesota State Court against BRP/Evinrude for their failure to pay agreed upon sponsorship fees for the entire 2009 FLW Outdoors tournament season…
adidas and Agron Extend Relationship
adidas America, Inc., announced a long-term extension of its relationship with Agron, Inc., its Los Angeles-based exclusive licensee for headwear, bags, socks, underwear, and other accessory items. The extension through 2022 will expand the two companies
Asia Outdoor Show Sees 50% Growth
When the 4th Asia Outdoor trade show closed its doors in the afternoon of Aug. 2 it reported more than 14,000 trade visitors. Show management said in a release that they were “very happy” to have reached all of their objectives: more visitors, new visitor
Suunto Looks to Broaden Reach with New Distributor
Suunto has announced a partnership with distributor CTE Watch Co. CTE specializes in jewelry and watch store placement and will push the Suunto brand in the Midwest and Southeast…
TAF Parent Completes Amendment to 2007 10-K
NexCen Brands, Inc., parent company of The Athlete's Foot, has completed an amendment of its 2007 10-K, including restated 2007 audited financial statements, and has filed an amended Annual Report on Form 10-K/A for the fiscal year ended December 31,
Arena Football Ceases Operations Indefinitely
The Arena Football League, which previously called off its 2009 season, has now ceased operations indefinitely, according to a one-paragraph statement issued to league teams on August 4…
Garmin Ltd’s Q2 Sales Slide, but War Chest Builds…
Garmin Ltd.’s Outdoor/Fitness segment took a hit in the second quarter of 2009 as the segment’s quarterly sales declined for the first time in more than two years. The company reported second quarter earnings slid 36% to $161.9 million, or 81 cents a sha
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
BJ’s Comps Declined 6.3% in July
BJ’s Wholesale Club, Inc. reported that sales for July 2009 decreased by 6.3% to $722.5 million from $771.3 million in July 2008. On a comparable club basis, July 2009 sales decreased by 9.1%, including a negative impact from sales of gasoline of 10.9%. M
Stein Mart Comps fall 5.5% in July
Stein Mart, Inc. reported total sales fell 9.0% on a 5.5% decline in July comp. sales…
Native Eyewear Appoints Two New Marketing Team Members
Native Eyewear announced the promotion of Jacqueline “Jax” Mariash to marketing director and the appointment of Michael Bertsch to event manager. Both appointments are effective immediately…
i.e. Distribution Reaches Footwear Licensing Agreement for DADA
i.e. distribution reached a license agreement to produce and distribute DADA Footwear and DADA Supreme Footwear for North America. i.e. distribution is the world wide distributor and owner of World Industries, a 21 year old skateboard, footwear and access
Under Armour Beats Street Expectations in Q2, but Look Ahead Concerns Some
Under Armour, Inc. beat street expectations for the second quarter and provided full-year guidance that exceeds the estimates of analysts, but acknowledgement that the business growth will slow in the second half and moves to increase reserves to sell off
Volcom Q2 Sales Fall on U.S. Decline; Europe Seen Flat
Volcom, Inc.’s quarterly results continue to reflect the difficult retail environment as the company’s total consolidated revenues were $54.2 million for the second quarter, a 25% slide compared to $72.5 million in the second quarter of 2008…
Unifi Fiscal Q4 Sales Fall 26%; Sees Brighter Future
Conditions within the textile supply chain continued to improve throughout the fiscal fourth quarter for Unifi, Inc., as excess inventory levels are being depleted and production levels are becoming more closely aligned with consumer demand…
