SGB Sportsmans

Riddell Helmet Lawsuit Sparks Heated Schutt Response

Riddell, Inc. last week filed a lawsuit against Schutt Sports, Inc, claiming Schutt has infringed on three different patents arising from Riddell’s helmet and faceguard technologies. The suit, which demands a jury trial, was filed Dec. 10, 2008 in the U.

Gildan Sees Taxes Put Damper on Strong Q3

Gildan Activewear reported net sales jumped more than 20% for the fourth quarter fiscal 2008, but net income fell by just as much due to a one-time tax assessment because of the company’s restructuring of its international wholesale business and the relat

PacSun Responds to Adrenalina’s Requests

Pacific Sunwear of California, Inc. responded to the press release and latest correspondence received from Adrenalina regarding a proposed merger. In a letter to Adrenalina's management, the surf-inspired retailer asserted that it planned to stick wi

Rab Moves Operations to Boulder

Rab has moved its sales and marketing operations to Boulder, CO. Owner and President Matt Gowar made the decision to move to Boulder based on his commitment to grow the Rab brand in the North American market. The company has been selling into U.S. special

NFL to Lay Off 14% of Staff

The National Football League will lay off almost 14% of its staff to cut costs, Reuters reported. The report follows an announcement by the NBA in mid-October that it was laying off 9% of its workforce due to a weakening economy and declining season ticke

Season Pass Sales Soar, Bookings Dive at Vail Resorts

Vail Resorts, Inc reported its season pass sales were up 29% from the same time last year, but said advance bookings at its mountain resorts were off 23% and that if they did not improve it would have to lower its guidance for the current fiscal year…

SIA: Pre-Season Snow Sports Sales Post Solid Gains

Snow sports sales rose a surprising 9% in the August to October period, bolstered by a significantly higher ratio of carryover equipment sales. Sales of children's gear was also up strongly, the Snowsports Industries Association reported. The number

Discounting Prompts G-III to Lower Guidance

G-III Apparel Group, Ltd. lowered its full-year guidance after reporting net sales rose 29.6% thanks largely to acquisitions. The company said that since retailers have been slower to reorder, it expects to see a higher level of promotional activity in th

NSGA: Larger Retailers Show Stronger Productivity

Larger full-line sporting goods retailers showed stronger key measures of productivity and profitability than did their smaller counterparts, according to data in the newly released NSGA Cost of Doing Business Survey. For the current study, larger full-li

Gander Mountain Swings to Third Quarter Profit

Gander Mountain Company reported sales of $269.9 million for the quarter ended Nov. 1, 2008, an increase of 4% over the prior year period. Comparable store sales decreased 6.5%. Net income for the third quarter was $770,000, or 3 cents per share, compared

Burton Relocates Brands to Vermont

Burton has begun transitioning The Program, which includes snowboard brands Forum, Special Blend and Foursquare, from its Irvine, CA offices to Burton’s Vermont headquarters. The company said the transition will be complete by early February and will allo

West 49 Q3 Comps Increase 2.1%; Net Down

West 49 Inc. reported net sales growth of 4.4% to $61.7 million (U.S. $45.7 million) in the third quarter ended Oct. 25. Comparable store sales increased 2.1% on a consolidated basis, including growth of 0.7% for the West 49 banner. Net income for Canada&