SGB Update Apparel
Mizuno Corp. Fiscal Q1 Profits Halved on Global Revenue Declines
Mizuno Corporation got little help outside of its native Japan in the fiscal first quarter ended June 30 as all non-domestic regions posted strong double-digit declines for the period. Total worldwide revenues declined 9.3% to ¥40.9 billion ($420 mm), co
Asics Corp. Fiscal Q1 Net Plummets Nearly 85%; Forecast Remains
Asics Corporation posted a 16.0% decrease in revenues for the fiscal first quarter ended June 30. Total consolidated worldwide revenues were ¥54.9 billion ($563 mm), compared to ¥65.3 billion ($625 mm) in the year-ago quarter…
The Paddlesports Trade Show Debate Updated
Some of the biggest buzz at the Outdoor Retailer Summer Market event had nothing to do with new product introductions. Early in the show, Jim Marsh, publisher of Canoe & Kayak magazine, announced his intent to launch a new paddling trade show (see BOSS_09
Rock Climbing Injuries Increase as Sport Gains Popularity
With approximately 9 million people in the U.S. participating in rock climbing, a new study by researchers at the Center for Injury Research and Policy of the Research Institute at the Nationwide Children’s Hospital revealed a 63% increase in the number o
RSR Group Makes Sales Management Team Changes
RSR Group, Inc.said Wes Knight was recently promoted to National Sales Manager and Charlie Eklund has assumed the Assistant National Sales Manager position…
Mountain Hardwear Opens Store in Tokyo
Mountain Hardwear Inc. will open a store in the exclusive Harajuku neighborhood in Tokyo, Japan, showcasing Mountain Hard Wear apparel and equipment and Montrail footwear. The new store is Mountain Hardwear’s third company-owned branded store worldwide…
New Era Cap Acquires 5th and Ocean
New Era Cap Co., Inc. has acquired 5th & Ocean, the privately held licensed sports apparel manufacturer in Miami best known for its women's styles. The acquisition is expected to help New Era further expand into sports and fashion apparel. Terms were
Nike Names Allaker Umbro President
Nike Inc. announced that Jim Allaker, currently vice president and general manager of Nike UK and Ireland, will become the new CEO and president of Umbro Ltd. He replaces Matthew Cook, who left the company to pursue other opportunities…
Class Action Suit Claiming “Misrepresenation” Filed Against Ruger
Shalov Stone Bonner & Rocco LLP issued a press release announcing a class action lawsuit was filed on behalf of purchasers of Sturm, Ruger & Company, Inc. common stock between April 23, 2007 and October 29, 2007, inclusive…
Nike Canada to Sponsor Vancouver 2010 Olympic Winter Games
Nike Canada Corp. and the Vancouver Organizing Committee for the 2010 Olympic and Paralympic Winter Games (VANOC) announced that Nike has been named the Official Supplier of high performance sporting goods for the upcoming Games and introduced Team Canada
Riddell Sports Extends NFL Licensing Agreement
Riddell Sports signed a multi-year extension to its existing licensing agreement with the National Football League (NFL)…
Cabela’s Credit Card Business Weakens
According to a filing with the Securities and Exchange Commission, Cabela's Inc. said its credit card business' gross charge-offs rose in July. Gross charge-offs — accounts receivable that will likely not be collected and be written off — rose
CPSC to Enforce New CPSIA Requirements for Children’s Products
On August 14, 2009, new requirements of the Consumer Product Safety Improvement Act (CPSIA) will take effect that are aimed at making children's products safer and increasing consumer confidence in the marketplace…
Runner’s World Launches iPhone App to Drive Traffic to Local Specialty Shops
Runner’s World will bring its shoe guides to a new iPhone application. The Nike-sponsored “Runner’s World Shoe Shop” is a one-click concierge service that offers reviews from the RW Shoe Lab, shoe-buying advice, and the ability to purchase shoes at a loca
Dorel Bike Division Revenues Rise in Second Quarter
Dorel Industries Inc., the parent company of some of the biggest brand names in cycling products, reported that total revenues for second quarter ended June 30 declined 7.2% to $551.1 million from $593.7 million for the same period a year ago. Second qua
