Performance apparel has been the darling of the sporting goods apparel business over the last few years, netting strong double-digit gains that have masked weakness in many other areas of the apparel market. The categories that make up the performance se
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Orange 21: Weak Dollar, Increased Discounting Pull Down H2 of 2008
As a follow up to its initial release of 2008 results the prior week (BOSS_0916) Orange 21 last Monday conducted a conference call to outline their plans to prepare for what will likely be a tough 2009. The action sports company, which manages the SPY and
Wolverine World Wide Q1 Net Falls 58% on Charges, Lower Sales
Wolverine World Wide, Inc. reported that first quarter adjusted profit easily exceeded analysts’ expectations, but management for the footwear brand consolidator warned that 2009 would likely be “one of the toughest years in a few decades for the footwear
GSI Commerce Expands North American Operations into Canada
GSI Commerce Inc. plans to expand into the Canadian market, which includes opening a new fulfillment center and a long-term agreement with one of Canada's leading retailers. Additionally, the Forzani Group Ltd. has selected GSI's platform and se
OBIT: James H. Warsaw
James H. Warsaw, former president of Irvine-based Sports Specialties Corp., passed away at the age of 61. Warsaw sold Sports Specialties to Nike for $78 million in 1993. A donation to the University of Oregon led to the creation of the school's Warsa
Mainland Headwear/New Era to Host Supply Chain Symposium in China
Mainland Headwear Holdings Limited and New Era Cap Company, Inc. have jointly organized a two-day symposium in Shenzhen, “Benefits of Supply Chain Partnerships,” focused on achieving greater impact and sustainability in supply chain labor compliance throu
Steve Madden Raises Full Year 2009 Guidance
Steve Madden expects net sales for the first quarter 2009 to be between $106 million and $107 million. This compares to net sales of $100.5 million for the first quarter of 2008. EPS for the first quarter of 2009 is expected to be in the range of 35 cents
Deckers Ups Revenue Outlook on Strong UGG Performance
Deckers Outdoor Corporation said net sales increased 37.6% to $134.2 million for the first quarter ended March 31, 2009, versus $97.5 million last year. Diluted EPS increased 8.1% to 93 cents compared to 86 cents a year ago, domestic sales increased 29.6%
A.T. Cross Co. Q1 Sales Decline 14.9%
A.T. Cross saw consolidated net sales for the first quarter of 2009 declined 14.9% to $30.9 million compared to $36.3 million in the first quarter of 2008. The Cross Accessory Division (CAD) recorded revenue of $18.8 million, a decline of 29.3% compared t
Hat World Paid $6.4 Million for Team Dealer
Hat World acquired the assets of Impact Sports, a dealer of branded athletic and team products for college and high school teams, for a purchase price of $5.1 million plus assumed debt of $1.3 million funded from borrowings under the credit facility, acco
Cloudveil Names New Inspired Mountain Ambassador Team
Cloudveil has announced the 30 members of its Inspired Mountain Ambassador team. Launched earlier this year via social media channels, the nationwide search for a team of inspiring everyday athletes produced over 400 applicants…
Gander’s Q4 Benefits from Ammo/Gun Sales; Sees Boost from Revived Direct Segment
Gander Mountain Co. reported fourth-quarter revenues increased 5.2% to $334.1 million from $317.6 million a year ago. Net earnings more than doubled to $13 million, or 54 cents a share, from $5.8 million, or 25 cents, a year ago. Retail segment sales for
Cybex Q1 Net Sales Fall 27%
Cybex International, Inc. net sales for its first quarter ended March 28, 2009 decreased by 27% to $28.9 million compared to $39.8 million for the corresponding 2008 period. The company reported a net loss for the first quarter of 2009 of $1.4 million, or
Gerber and Brunton Tabs VP Commercial Sales
Fiskar Outdoors (Gerber and Brunton), is said Keith E. Paxton has joined their team as the VP of Commercial Sales, effective March 2009…
Sportsman’s Warehouse CEO Confident Despite BK
Sportsman's Warehouse CEO Stu Utgaard is vowing to steer his company through bankruptcy proceedings despite a number of other bankruptcies that have headed to liquidation, including Joe's Sports & Outdoors. The comments were made while speaking
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