SGB Update Apparel
The Finish Line Narrows Q4 Loss Despite Comp Sales Decline
The Finish Line Inc.'s sales decreased 4.9% in the fourth quarter ended Feb. 28, to $364.1 million from $382.8 million a year ago. Consolidated comps were down 3.9%. By concept, comps were down 2.3% at Finish Line and 25% at Man Alive. The company re
ASICS Continues Sponsorship of Constantina Dita
ASICS Corp entered into a new four-year sponsorship contract for 2008 Beijing Olympic Marathon gold medalist Constantina Dita.The Kobe, Japan, sporting goods company has provided Dita with her footwear and clothing since 2003, and has had sponsorship agre
Escalade Sales Decline 19.9% for FY08
Escalade, Inc. reported a net loss for the year ended Dec. 27, 2008 of $7.5 million compared to income of $9.3 million in 2007. Earnings (loss) per share in 2008 was $(0.59) per common share compared to $0.72 last year. Net sales for the year ended Dec. 2
Targeted Endorsement Dollars Still a Wise Spend
Athlete and celebrity endorsement dollars are best spent when targeting a younger or minority sports or outdoor consumer in the U.S. That is one conclusion generated by the SportsOneSource 2009 Brand Strength Report that measures how American consumers v
Rossignol to Cut 30% of Workforce
Rossignol plans to reduce 30% of its global workforce, or about 450 jobs in total. According to www.france24.com, Rossignol chairman Bruno Cercley said in a statement that the layoffs were “unavoidable,” adding that the group was “determined to get back i
Jimmy Jazz Opens First Store in Indiana
Jimmy Jazz, the urban apparel and footwear chain, will be opening its first store in Indiana on April 3rd in the Lafayette Square Mall, located in the capital of Indianapolis. Additionally, Jimmy Jazz said it is anticipating up to 20 new store openings be
Lululemon Q4 Net Income Down on Comps Decline
Lululemon athletica inc. net revenue for the quarter ended Feb. 1, 2009 was $103.9 million, a 0.1% decrease from net revenue of $104.0 million in the fourth quarter of fiscal 2007. Net revenue from corporate-owned stores was $90.3 million, a decrease of 1
Active Ride Shop Files for Chapter 11 Protection
Active Ride Shop filed a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Code. In a statement, the skate chain, based in Mira Loma, CA, is closing eight stores and plans to realign “its corporate support structure a
Paragon Sports Launches First-Ever Spring Warehouse Sale
Paragon Sports will be introducing its their first ever spring warehouse sale event Thursday, March 26th – April 2nd, 2009. The sale will feature 50-80% off original prices across a wide range of categories…
Bearpaw Names Executive Vice President
After one year of working with Bearpaw on a contract basis, John Larkin has joined the company in a full-time capacity as executive vice president. Larkin will oversee sales, marketing, and product development. Bearpaw is one of the fastest growing footw
McDavid and Hibbett to Sponsor Scout Combines
McDavid will be the presenting sponsor of the 2009 Scout Combines. The series of high school football events are set to take place in 13 cities across the country, including Atlanta, Austin, Chicago, Los Angeles, Pittsburgh, and San Francisco, and attract
K-Swiss to Make Ironman Footwear and Apparel
K-Swiss inked a long-term, official partnership with World Triathlon Corporation, owners of the brand Ironman. Under the agreement, K-Swiss will be the exclusive footwear and apparel provider of an evolving collection of co-branded K-Swiss/Ironman perform
GrindTV and Sportnet Merge
GrindTV and Sportnet announced plans to combine the web's two top action sports properties into one dominant digital action sports network collectively reaching over ten million monthly visitors. The company will operate as Sportnet, and will provide
Trek Bicycle Furloughs Affects Almost 300 Workers
Trek Bicycle Corp. has instituted temporary furloughs for many production workers at its Waterloo plant, according to the Wisconsin State Journal. Most production employees rotated one week on, one week off without pay during February. Fewer than 300 of t
Under Armour to Outfit USA Football
USA Football, the sport’s national governing body on youth and amateur levels, and Under Armour, Inc. said that Under Armour will be the official outfitter of USA Football training events and national teams…
