SGB Sportsmans

Zumiez Q4 Comps Down 13%; Profit Falls 49%

March 12, 2009 SGB Update

Zumiez Inc.'s total net sales for the fourth quarter ended Jan. 31, 2009 decreased 0.9% to $125.5 million from $126.6 million reported in the fourth quarter ended Feb. 2, 2008. Comps decreased 13.4% versus a 4.0% increase in FY08. Net income fell 49%

Hibbett Sees Flat Q4 Earnings on Lower Comps

March 12, 2009 SGB Update

Hibbett Sports, Inc. reported sales increased 3.6% in the fourth quarter ended Jan. 1, to $147.9 million from $142.8 million. Comps decreased 2.8%. Earnings were flat at $7.6 million, or 26 cents a share, against $7.6 million, or 25 cents, a year ago. Th

Crocs Names Managing Director, Europe

March 12, 2009 SGB Update

Crocs appointed Robin Akeroyd as managing director of Crocs Europe BV. He succeeds Dick Wijsman, who established the company in Europe four years ago and will continue his work at Crocs in a global position. Akeroyd has been the Deputy Managing Director o

Christy Sports Seeks Rehearing in Deer Valley Case

March 11, 2009 SGB Update

Christy Sports has asked a federal appeals court to rehear its case against a Utah ski resort. Christy alleges that Deer Valley ski complex in Utah violated antitrust laws by restricting Christy Sports from offering ski rentals and competing with a resort

Supreme Court Sides with Gun Manufacturers in NYC Lawsuit

March 10, 2009 SGB Update

Putting an end to nine years of litigation, the U.S. Supreme Court refused to hear New York City's request to continue a lawsuit that sought to hold firearms manufacturers responsible for the criminal misuse of firearms. Among the companies sued were

HEAD N.V. Terminates its Registration under the SEC

March 9, 2009 SGB Update

Head N.V. has filed with the United States Securities and Exchange Commission (SEC) a Form 15F to terminate its registration and reporting obligations under the United States Securities Exchange Act of 1934, as amended. The company’s periodic reporting ob

NGF: January Rounds Played Up 8.6%

March 9, 2009 SGB Update

The Golf Datatech National Golf Rounds Played Report showed that in January, golf rounds played varied vastly between regions, with participation in the East North Central, New England, Mid-Atlantic and South Atlantic regions decreasing and participation

Russell Parent’s Earnings Down 34%

March 9, 2009 SGB Update

According to the just-released annual report from Berkshire Hathaway, pre-tax earnings in its apparel businesses declined 34% in 2008, primarily due to lower sales volume and costs incurred to consolidate certain operations of Russell and Vanity Fair Bran

Björn Borg Proposes Two Board Members

March 6, 2009 SGB Update

The Nomination Committee of Björn Borg of Stockholm, Sweden, plans to propose that Monica Elling and Fabian Månsson be elected as new members of the Board of Directors of Björn Borg…

Speedo Sales Grow 9% in Fourth Quarter

March 3, 2009 SGB Update

Warnaco Group's swimwear group saw revenues grow 5.4% to $46.2 million in the fourth quarter. In constant dollars, sales rose 7.6%. Speedo revenues were up 9.0% and operating margin was in the low teens reflecting improved inventory management…

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