SGB Update Apparel
Dick’s SG’s U.K. Woes Outweighs U.S. Momentum
While a jolly old time appeared to be had by all in London with the Olympics shining a bright light on the sporting goods world, Dick’s Sporting Goods found itself far short from the medal round. The leading U.S. sporting goods chain was forced to t
Scott Hawaii to Up Use of Recyclable Foam in Footwear
Scott Hawaii, Inc. said it plans to increase its use of recyclable foam from Plus Compound Technologies, LLC in a bid to reduce how much of its scrap and used shoes end up in U.S. landfills…
Report: Spyder On the Selling Block
Spyder Active Sports Inc., which is owned by private-equity firm Apax Partners, is being put up for sale with hopes to fetch as much as $150 million, the New York Post reported Friday…
RYU Appoints David Campisi to Chairman and CEO
Respect Your Universe, Inc., the mixed-martial arts brand based in Las Vegas, appointed David Campisi, former head of The Sports Authority, to chairman and chief executive officer of RYU…
Maryland Grants Seek to Position State as Premiere Cycling Destination
Maryland Gov. Martin O'Malley approved $44,500 for the City of Baltimore’s Bicycle Safety Education Program as he continues to position the state as a premiere cycling destination. The Department of Transportation will partner with Bike Marylan
Adidas Sees Olympic Boost
Benefiting from its sponsorship of the the London 2012 Olympic Games, Adidas said sales in the UK for the Adidas brand were up 24 percent currency-neutral for the first half of 2012, spurred by demand for Olympic and Team GB products. Olympic license prod
Judge Preapproves Nationwide Skechers Settlement
Preliminary approval in the Skechers' settlement was reached Monday in U.S. District Court in Louisville, according to the Associated Press. Under the terms, people who bought a Skechers toning shoe can get about $80 per pair…
Spy Inc. Halves Losses on Continued Growth of Spy Brand
Spy Inc. nearly halved its loss in the second quarter on a $500,000, or 5 percent, increase in net sales, which reached to $9.5 million. The company said the results showed its turn around strategy, which has involved divested licensed brands to focus on
Penney Logs Loss in Q2
J.C. Penney Co. Inc. reported an adjusted net loss in the second quarter of $81 million or 37 cents per share, excluding restructuring and management transition charges, inventory transition markdowns, gain on the redemption of the Simon REIT units, net o
Broder Bros. Earnings Sink in Q2
Broder Bros., Co. reported second quarter 2012 sales were $221.9 million compared to $227.1 million for the second quarter 2011. Hurt by lower gross margins, income from operations for the second quarter 2012 was $7.0 million compared to $23.3 million for
SGMA Honors National Health Through Fitness Day Athletes Who Won Gold in London
During the recently completed Olympic Games in London, seven of the Olympic athletes in the U.S. delegation have attended at least one of SGMA’s past National Health Through Fitness (NHTF) Days. Of those seven athletes, six of them won a gold medal
Chaco Flip Sale Raises Over $10,000 for The Conservation Alliance
Chaco announced that their Flip-Out fundraiser, a Chaco flip sandal sale to benefit the Conservation Alliance, was a huge success. Chaco raised over $10,000 at the recent Outdoor Retailer trade show…
Whistler Blackcomb EVP/CFO Kevin Smith to Resign
Whistler Blackcomb Holdings Inc. announced the resignation of Kevin Smith as executive vice president and chief financial officer for personal reasons, effective September 10, 2012. On that date, Dave Brownlie will be appointed interim CFO of the corpora
Dick’s SG To Open Relocated Store in Syracuse, NY
Dick's Sporting Goods will be opening its relocated store this week at Destiny USA in Syracuse, NY. The store will open its doors on Wednesday, August 1…
FGL Sports Reports Broad Category Strength in Second Quarter
Retail sales at FGL Sports, which includes 501 Sport Check, Sport Mart, Atmosphere and other sporting goods banners, increased 4.2 percent in the second quarter over the comparable period in the prior year, according to parent company Canadian Tire Corpor
