SGB Update Apparel
Hanesbrands Completes Acquisition of Gear For Sports
Hanesbrands Inc. has completed its acquisition of GearCo, Inc., known as Gear For Sports, a seller of licensed logo apparel in collegiate bookstores and other channels…
Cloudveil Launches New Website
Cloudveil unveiled its 2010 fall/winter line and said it would begin selling it on a new e-commerce website at http://www.cloudveil.com…
ACE Publishes Annual Fitness Survey
The American Council on Exercise (ACE) announced the top ten fitness trends for 2011. With over 2,700 responses, the findings conclude that consumers have a more positive outlook on the future economy and also realize the importance of taking care of them
Under Armour Sees Q3 Sales, Earnings Surge on Eve of Crucial Basketball Launch
Under Armour one again rode sales of its flagship performance apparel segment and direct sales to consumers past analysts earnings estimates for the third quarter and subsequently hiked full year earnings guidance roughly five percentage points above orig
Shimano Inc. Third Quarter Net Income Jumps on Strong Bicycle OEM Reorders
Shimano Inc. reported net sales for the first nine months ended Sept. 30 reached ¥155.9 billion ($1.74 bb), up 15.9% from the comp period in 2009. Operating income rose 86.6% to ¥25.6 billion ($286 mm), while net income rose 83.4% to ¥14.4 billion ($16 mm
Callaway Q3 Losses Expand on Fewer Promotions, Tepid Buying Environment
After posting a small profit in the second quarter on easy year-ago comparisons Callaway Golf crashed back to reality during the third quarter as cash-strapped consumers continued to avoid big ticket purchases…
Skechers Falls Short of Q3 Expectations
Skechers USA Inc. posted very strong double-digit third-quarter earnings and sales growth and backlogs are continuing to rise at double-digit rates, but results still fell short of Wall Street expectations as a lackluster performance of toning during the
Amer Sports Posts Q3 Sales Growth on Winter, Outdoor and Fitness Gains
Amer Sports Corp. became a much more profitable company in the third-quarter, as the parent of Salomon, Atomic, Wilson, Precor and Suunto expanded its gross margins by 310 basis points on a 5% increase in currency-neutral sales. When measured in local cur
Acushnet Third Quarter Sales Dip on Cobra Divesture
Fortune Brands, Inc., parent of Acushnet Co., reported slight sales growth of 0.2% for the third quarter, although the Acushnet Golf segment dipped 4.8% to $265.2 from $278.6 in the year-ago period…
Delta Apparel Posts Sees Decline in Net Income Despite Rise in Net Sales
Delta Apparel, Inc. saw net sales jump 8.9% to $107.9 million for the first fiscal quarter ended Oct. 2 from $99.1 in the prior-year period. However, DLA saw a considerable 38.5% decline in net income, dropping to $1.6 million, versus $2.6 million, in the
Iconix Sports Brands Growing at Wal-Mart
Iconix Brand's three core sports brands – Starter, OP (Ocean Pacific) and Danskin Now – are growing nicely at Wal-Mart despite an overhaul of the giant discounter's merchandising team…
TSA Refinancing Debt, Moody’s Raises Outlook
The Sports Authority has secured a new, seven-year, $350 million term loan due 2017. Proceeds from the new loan, led by Bank of America and JPMorgan Chase, will replace the retailer’s existing $275 million senior secured term loan due 2013 and buy b
Garmin Acquires Distributor
In a recent acquisition, Garmin purchased full rights to Belanor AS, the distributor of Garmin’s automotive, outdoor recreation, fitness and marine products in Norway, for an undisclosed sum…
Lorpen Expands Canadian Sales Force
Lorpen is expanding its Canadian sales force with the addition of three associates. The new hires include: Patrick Wilson covering south central Ontario, Dave Frick in the Alberta and East Kootenay region, and Doug Ballou in British Columbia…
RECALL: Easton Sports Seat Posts
Easton Sports, in cooperation with the U.S. Consumer Product Safety Commission, has issued a voluntary recall of approximately 200 2010 EC90 Zero seat posts…
