SGB Update Apparel
Signature Eyewear Q2 Sales Dip 9%
Signature Eyewear, which makes Cutter & Buck eyewear, reported net income of $216,000, or 3 cents a share, on net sales of $6.1 million for the first quarter ended April 30, 2009. This compares to net income of $212,000, or 3 cents, on net sales of $6.7 m
Outdoor Retailer to Host Merchandising Tours at Summer Market 2009
Outdoor Retailer will host merchandising tours and awards at its Outdoor Retailer Summer Market, held at the Salt Palace Convention Center in Salt Lake City, Utah, July 21-24, 2009. In two different tours, each covering different sections of the show floo
Aetrex Forms Aetrex Canada
Aetrex Worldwide has announced the formation of Aetrex Canada, a new division of Aetrex Worldwide, Inc. Aetrex said the new division “reaffirms the company's commitment to the Canadian market and will enable Aetrex to provide retailers with better pr
Cherokee Q1 Net Income Slides on Lower U.S. Dollar Royalties
Cherokee Inc., the global licensor and brand management company, said net income for the first quarter ended May 2 decreased by a total of $847,000 to $3.8 million or 43 cents per diluted share, as compared to $4.7 million, or 52 cents per diluted share i
OIA: April Outdoor Sales Indicate Declines Easing, Shoppers Returning
Retail sales for all core outdoor stores combined (chain, internet, specialty) grew 2% compared to last April, moving from $339 million to $347 million, according to the most recent edition of The Outdoor Industry Association (OIA) Outdoor Topline Report.
Cabela’s Chairman Plans to Sell Shares
Cabela’s Inc. announced that its Chairman Richard Cabela has adopted a pre-arranged stock trading plan to sell a small portion of the 9.6 million shares of Cabela’s stock that he beneficially owns. Under the stock trading plan, commencing on July 15, a Ca
Forzani to Test GNC In-Store Shops
The Forzani Group Ltd. and General Nutrition Centres Co. announced a partnership that will put GNC performance nutrition boutiques within FGL stores. The first pilot market will be in Calgary, Alberta this fall…
Nike and Adidas Become Founding Sponsors of iHoops
Nike and Adidas will serve as founding partners for iHoops, the youth basketball initiative. The NCAA and NBA established iHoops to provide a structure and to develop programs to improve the quality of youth basketball in order to enhance the athletic, ed
Nike Names New U.K. Marketing Director
Nike named Gino Fisanotti as its new marketing director for the U.K. and Ireland. Fisanotti, currently EMEA brand director, replaces Simon Pestridge, who in early June was promoted to the role of global brand director, based in the U.S…
Callaway Golf Increases Size of Private Offering
Callaway Golf Company has priced and increased by $15 million its previously announced private offering of preferred stock. Callaway will issue $125 million principal amount of 7.50% Series B Cumulative Perpetual Convertible Preferred Stock, 1 cent par va
JD Sports’ Sales Improve
JD Sports Fashion Plc said its underlying sales increased 1.7% over the 17 weeks to May 30. Like-for-like sales at the Bank and Scotts fashion chains were up 4.6% over the period, while like-for-likes at the JD sportswear fascia rose 1.2%…
McDavid Teams with National Sports PR Firm
McDavid Sports Medicine announced their partnership with sports public relations firms, 180 Communications, in an effort to increase its media presence. McDavid noted that the hiring comes as its latest technology, HexPad, is being used by more than half
Outdoor Retail Sales Slip in May
The outdoor market in the U.S. slowed slightly in May after reporting a slight up-tick in April. While consumers are still looking for close-to-home recreation options, they may be looking to use their existing equipment instead of investing in new upgrad
Vail Resorts Individual Visitation Drops as Season Pass Holders Increase
Vail Resorts, Inc. visitations, excluding season pass holders, decreased 21% during the 2008-2009 ski season. This decrease includes fewer destination visits, as well as a wide shift to the Epic Season Pass. Visitation by pass holders, including new Epic
NSGA: Used Sports Equipment Purchases Fall Below $1 Billion
Consumers purchased $969 million in used sporting goods equipment in 2008, according to NSGA’s “Purchases of Used Sports Equipment in 2008” report. This total is noticeably less than it has been in recent history – the report had found that the used sport
