SGB Update Apparel
Golf Equipment Counterfeiters Sentenced to Prison in China
According to a press release from Nike, eight people in China have been sentenced to jail and fined after being convicted of counterfeiting registered trademarks, as well as manufacturing, distributing and selling counterfeit golf equipment…
Pou Sheng Sees Fiscal Year Loss
Pou Sheng International (Holdings) Ltd., the retail arm of footwear maker Hong Kong-based Yue Yuen Industrial (Holdings) Ltd., said it expects to show a net loss in the fiscal year ended Sept. 30…
Foot Locker Posts Q3 Loss On Weaker U.S. Business; Europe Starts to Improve
Foot Locker, Inc. saw the U.S. business remain a challenge in the fiscal third quarter, but also saw some improvement on a quarter-by-quarter sequential basis in both the U.S. and European businesses. The U.S. weakness was also cited as the primary reaso
Zumiez Third Quarter Comps Down 8%; New Stores Boost Revenues
Zumiez, Inc. reported comps slipped 8% in the third fiscal quarter of 2009 but new stores drove revenues to minimal growth. Sequentially, management said sales trends were promising as the back-to-school quarter resulted in same-store sales that were bett
Accell Group Affirms 2009 Earnings Will Rise 10%
European bike maker Accell Group N.V. of the Netherlands affirmed last week its profit and turnover, or revenue, expectations for 2009. Based on sales for the period up to and including October and the prospects for the last two months of the year, the co
Johnson Outdoors Finishes 2009 Poised for the “New Normal”…
Johnson Outdoors Inc. sales declined 20.1% to $65.3 million in the fiscal fourth quarter ended Oct. 2, but losses declined significantly in comparison to a year ago when the company took $44.5 million in non-cash goodwill and asset impairment charges…
Phoenix FW’s Q3 Revenues Fall 32%
Phoenix Footwear Group, Inc. reported final profit for the third quarter of fiscal 2009 was $60,000, or 1 penny per share, compared to a net loss of $2.1 million in the year-ago period…
TAF Parent Slashes Q3 Loss; Revenues Down 11%
NexCen Brands, Inc., the parent of The Athlete's Foot, cuts its loss in the third quarter ended Sept. 30, to $1 million, or 1 cent a share, from $38.4 million, or 68 cents, in the year-ago period. Excluding businesses that have been sold, the year-ag
VF Outdoor Launches Value-Oriented Backpacks
VFC is launching two new backpack brands, Wolf Creek and L8R, in an effort to address a broader audience and leverage the company’s strong sourcing structure. The two brands were created to help retailers in both existing and new channels who have b
TNF Expands Local PlanetExplore Web Presence to Denver
The North Face launched a new Denver local marketing site dubbed, “PlanetExplore.” The website is billed as a new online community that connects people to the outdoors in meaningful ways by serving as a hub for local outdoor activities and eve
OIA: Piper Jaffray Survey Shows Improvements in Sales, Inventories and Employment are Likely
Outdoor Industry Association and Piper Jaffray Companies recently concluded their fourth survey of OIA member-company executives in 12 months with respect to their view of current economic prospects, recovery timeline, cost inflation, and the effect of a
Gibbon Slacklines Expands North American Sales Force
Gibbon Slacklines, manufacturer of slackline kits distributed exclusively by Canaima Outdoors in North America, announced the support of four new sales agencies covering twenty states in the United States as well as British Columbia, the Yukon and Ontario
Gordini USA Expands Global Ski Team
Gordini USA said top ranked pro skiers Lynsey Dyer and Eric Hjorleifson have joined its global ski team for 2010/2011….
ATF Authorizes Manufacturers to Streamline Required Firearms Markings
The Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) issued a ruling authorizing licensed manufacturers who perform a manufacturing process on firearms for another licensed manufacturer not to place their serial numbers and other required identif
Pheasants Forever Adds Conservation Program Experts in North Dakota
Pheasants Forever is expanding its Farm Bill Biologist program in North Dakota with the addition of two new positions created in partnership with the U.S. Department of Agriculture’s Natural Resources Conservation Service (NRCS) and local Soil Conse
