SGB Update Apparel
Jarden Sees Declines in Ski Business
Jarden Corp. is planning for its ski business, which includes K2, Volkl, Marker and Marmot, to be down around 10% this year. Speaking at the Barclays Capital investor conference in Boston, MA, Martin Franklin, Jarden's CEO, noted that unlike a numbe
West 49 Narrows Q2 Loss Despite Comps Dip
A depressed economy and unseasonably cool weather compounded weakness in what was already a traditionally slow quarter for West 49, but second quarter losses narrowed for Canada’s largest action sports retailer despite declining comps. Same store sa
Lululemon Sees Sales Perking Up, Aiming for Positive Q4 Comps
Lululemon Athletica Inc.'s second quarter earnings were down from a year earlier but results handily exceeded its own internal guidance and the yoga-themed retailer has turned bullish on the back half of the year…
Smith and Wesson Fiscal First Quarter Growth Propelled by Consumer Segment
Analysts predicted gun sales for firearm companies would slow as the “Obama-factor” subsided, but record-setting firearms sales driven by handguns and tactical rifles at Smith & Wesson indicates that firearms owners still fear a government-dri
Puma AG Issues Sustainability Report
Puma has issued its fifth sustainability report, which covers the reporting period 2007/2008 and details the company’s progress in enhancing working and social standards in its supply chain, building capacity at its suppliers’ factories, broad
Sports Direct Lifts FY Profit Guidance
Sports Direct raised its full-year profit forecast after a better-than-expected first quarter. Revenue increased 10% in the 13 weeks to July 26, to £375 million ($619 million), with group profit up 4.7% to £157 million ($260 million)…
Columbia Sportswear Works to Brand at Specialty
Columbia Sportswear is working diligently to reestablish its flagship brand in the specialty channel and at higher-end retail and department stores. Speaking at the Goldman Sachs Retailing Conference, Tim Boyle, president and CEO, admitted that part of th
Woolrich Expands Executive Team
Woolrich has named three new vice presidents and announced a search for an executive vice president that will direct the activities involving Woolrich branded product and their channels of distribution…
NRA: Ammo Sales Restrictions, Gun Show Ban Moving Forward in California
The Senate gave final approval to Senate Bill 585 by a 21-18 vote, according to a release by the National Rifle Association. SB585 now heads to the desk of Governor Arnold Schwarzenegger (R) for his consideration…
China’s Peak Sport Files for IPO
Peak Sport Products Co., the Chinese sportswear maker and distributor that sponsors seven U.S. National Basketball Association players, may raise as much as HK$1.9 billion ($278 million) in a Hong Kong initial public offering…
West 49 Narrows Fiscal Q2 Loss on Comp Store Sales Decline
West 49 Inc. reported that net sales for the quarter decreased 3.1%, to CN$43.6 million ($38 mm) for the fiscal second quarter ended August 1. Comparable store sales at Canada's largest actions sports retailer decreased 4.7% on a consolidated basis,
Bakers Footwear Trims Second Quarter Loss
Bakers Footwear Group, Inc. reported that its net loss in the second quarter slid to $1.7 million, or 24 cents a share, from $2.3 million, or 32 cents, a year ago. Sales inched up 0.3% to $43.7 million from $43.6 million a year ago. Comps increased 0.7% v
SGMA Forms European Help Desk
SGMA has launched a new program, the SGMA European Help Desk, designed to assist member companies in improving their competitiveness in the European marketplace…
Sports Direct Lifts FY Profit Guidance
Sports Direct, the U.K.'s largest sporting goods retailer, raised its full-year profit forecast after a better-than-expected first quarter. Revenue increased 10% in the 13 weeks to July 26, to £375 million ($619 million), with group profit up 4.7% to
L.L. Bean Opens Home Store
L.L.Bean will celebrated the grand opening of its new Home store in Freeport, September 12-13. The store is designed with an old-time general store feel and features unique lighting, tin ceilings and custom fixtures made from locally reclaimed and recycle
