SGB Update Apparel
Puma Net Soars in First Quarter, Hikes FY10 Guidance
Puma reported first-quarter net income that surpassed analysts' estimates and raised its 2010 guidance…
USDA Donates $500,000 to “More Kids in the Woods”
Agriculture Secretary Tom Vilsack announced that USDA's Forest Service will contribute $500,000 in 2010 to the “More Kids in the Woods” program for projects that promote active lifestyles and connect kids to nature..
BLM Designates 2010 Free Days
In a bid to get Americans into the great outdoors and celebrate the 10th anniversary of the National Landscape Conservation System, the Bureau of Land Management (BLM) will waive visitor fees for a weekend in June, August, September and November…
Ruger Report 8.1% Q1 Sales Surge on Improved Sell-Through
Sturm, Ruger and Company reported net sales for the first quarter of 2010 were $68.3 million, up 8.1% from sales of $63.5 million in the year-ago period. Net income was $8.3 million, or 44 cents per share, as compared with earnings of $5.8 million, or 30
NSGA: Firmer Pricing Stabilized Footwear Sales in 2009
Sales of hiking shoes/boots declined 16% to $873 million in 2009, according to NSGA’s soon-to-be-released “Sporting Goods Market in 2010.” The study found that despite a 4% decline in unit sales, the overall athletic and sports footwear
Glock Reports ‘Record Sales for FY10; Will Expand US Operations
Glock, Inc. issued a release recently confirming the company experienced “record sales in the 2010 fiscal year” ended March 2010. According to the release, Glock recorded earnings growth while also gaining market share…
NRA Backs 2nd Amendment Enforcement Act Introduced in U.S. Congress
The National Rifle Association announced its support for a legislation being introduced in Congress this week by Senators John McCain (R-Ariz.) and Jon Tester (D-Mont.), and Representatives Travis Childers (D-Miss.) and Mark Souder (R-Ind.)…
Sport Supply Acquires Coaches Sports Corner and Greg Larson Sports
Sport Supply Group, Inc. has acquired substantially all of the assets of Coaches Sports Corner, a regional team sports distributor based in Sandusky, Ohio, and certain assets of Greg Larson Sports, a national cataloger and regional team sports distributor
Under Armour Raises Guidance on Strong Direct Sales Growth
According to Under Armour, direct-to-consumer sales outpaced total sales nearly fivefold, pushing up margins and profits despite continued declines of its footwear line. The strong performance prompted the company to up its guidance for 2011 revenue growt
TravelChair Appoints New Rep Groups
TravelChair said it has appointed to new rep groups. Frontier Group will handle TravelChair’s Northwest territory comprised of Washington, Oregon, AK, Idaho and Montana. The six-person Frontier Group, headed by principles John Morioka and Scott Oshm
Gatorz Inc., Simo Holdings, Inc. Sign Merger Agreement
Gatorz Inc. and Simo Holdings, Inc. have signed an agreement and plan of merger and reorganization. The transactions contemplated by the Merger Agreement constitute the second stage of a transaction, the terms of which were originally announced by Gatorz
Consumers Identify Top Non-Negotiable Brands
While larger brands can spend more marketing dollars to build brand awareness and fuel sales growth, consumers have shifted their allegiance to smaller brands and new categories like toning at a high rate over the last year…
Hanesbrands Swings to Profit in First Quarter
Hanesbrands, Inc., which owns Champion and Duofold, said that despite the affects of the recession, the company continually invested in its brands as well as the company’s supply chain…
Columbia First Quarter Driven by Owned Retail; Backlog Jumps 20%
Columbia Sportswear Company posted a strong first quarter with solid gains in sales, gross margin, net income, and backlogs…
Cybex Cuts Q1 Net Loss in Half on Stronger Margins
Cybex International reported sales for the first quarter of 2010 decreased by 9.7% to $26.1 million compared to $28.9 million for the corresponding 2009 period…
