Industry Tightens its Belt for Year Ahead
Industry companies hit the road last week in hopes of drumming up some new investment dollars during a time of difficult trading conditions. The two big conferences for the active sports lifestyle market were the ICR Xchange Conference in Dana Point, CA a
SGB Question Asks: ‘What Happens When Industry Brands Go to Mass?”
The SGB Question for January explored the overall effect the sale of sporting goods brands to club/discount/mass is having on the industry. Many of the industry's core brands can be increasingly found at Costco, Wal-Mart, Target, Meijer, T.J. Maxx, a
Sport Chalet Amends Credit Line
On January 9, Sport Chalet Inc. amended its credit agreement with lenders led by Bank of America to loosen its terms, according to a filing with the Securities & Exchange Commission. The filing noted that as of December 31, an event of default had occurre
Tubbs Names National Sales Manager
K2 Sports said Jeff Cunningham has been hired as national sales manager for Tubbs Snowshoes. Most recently he was Eastern Key Account Manager for Gramicci and prior to that, marketing director and national sales manager for Mammut Sports group. Cunningham
ForeFront Group Names Director Of Marketing
ForeFront Group, Inc. has named Scott Harris as its new director of marketing. In his new position, Harris will be responsible for overseeing all marketing and branding initiatives for the Datrek, Burton, Devant and Miller Golf brands…
Forzani Sees Flat Holiday Sales
The Forzani Group Ltd. reported total sales for the ten weeks ended Jan. 11 were flat to the prior year. On a same store basis, total retail system sales were down 1.8%, although sales were stronger in the week before and the week after Christmas. Corpora
JD Sports to Exceed Expectations
JD Sports Fashion Plc, the U.K.’s third-largest sporting-goods retailer, reported sales rose 2.8% in the five weeks ended Jan. 3. Pretax profit will be “marginally” above estimates, helped by a strategy of delaying marking down merchandise until Dec. 26.
Thule Adds Peregrine as Outdoor Distributor
Thule has entered into an agreement with Peregrine Outfitters to distribute Thule and SportRack branded products to the outdoor industry. Peregrine dealers will be able to quickly receive Thule inventory, along with 7,000 other items, through Peregrine’s
Shock Doctor’s Injunction Upheld by Federal Court
Shock Doctor, Inc., announced that its preliminary injunction against competitor XO Athletic has been upheld by a federal appeals court…
SIA: Snow Sports YTD Sales Up 3% through November
According to SnowSports Industries America's (SIA), the snow sports market remained healthy with 3% growth August to November. Snow sports sales surpassed $917 million as the overall retail market faltered in the recession's nadir…
Retailers See Sales Increase, Comps Down in Q3
Retailers in the active sports lifestyle market posted reasonable sales growth for the fiscal third quarter in the light of the general malaise in the market, as sales grew 3.4% on a consolidated basis for the public company retailers tracked by Sports Ex
Trade Shows Exhibiting Some Pressure
With the economy flailing, trade show traffic is expected to take a significant hit in 2009. As budgets get slashed across the board, both retailers and vendors are finding little room left for the traveling, lodging and entertaining costs involved with t
RECALL: RockShox Domain Bicycle Forks
About 175 bicycles with RockShox Domain 302 and 318 bicycle forks, manufactured in Taiwan and imported by SRAM, have been recalled because the forks can detach from the bicycle frames…
Ruger to Repurchase 357,000 Shares
Sturm, Ruger & Company, Inc. announced that during the fourth quarter of 2008 the company repurchased 357,000 shares of its common stock for $2.4 million in the open market, including 309,000 shares repurchased in October 2008 and 48,000 shares repurchase
Scott Adds to Marketing Team
SCOTT USA has added Lars-Erik Johnson to its U.S. bicycle group. He will join the bike marketing department and assist in communications, web projects and coordinating media samples. Johnson has been with ScottUSA for nearly three years as a Bike and Wint
