SGB Update Apparel
Millet to Launch Rope Recycling Program
Millet has teamed up with the polyamide recycling company, Rhodia to develop a system for recovering and re-using polyamide waste. Consumers are asked to return used ropes to retailers in exchange for a discount on a new Millet rope. Any brand of rope
Clijsters Returning to Pro Tennis with Fila
Sony Ericsson WTA Tour star Kim Clijsters will reportedly begin her comeback to professional tennis wearing Fila apparel and footwear…
Shimano Feels the Effects of Global Recession in First Half
Shimano Inc. reported that the impact of the global recession and the pressure to reduce inventories has caused its bicycle components business and fishing tackle business to suffer from lackluster sales for the first half of 2009 ended June 30. As a resu
Nautilus Q2 Sales Fall; Considers Strategic Alternatives for Commercial Business
Nautilus second quarter net sales fell 36.4% to $60.8 million, compared to net sales of $95.6 million for Q2 2008. On an operating basis, the retail and direct businesses were profitable while the commercial business recorded a loss. The company is consid
Sports Multiplied Names New Regional Reps for 2XU and BONT Cycling
Sports Multiplied, LLC, distributors of 2XU sports apparel and BONT cycling shoes, have recently appointed new sales reps in the Northern California and Colorado / Utah regions…
Cordura Launches Cordura Cares Program
Invista's Cordura brand team has unveiled a new sustainability platform: the Cordura Cares program. The program consists of three pillars: Sustainable Performance, Enduring Materials, and Corporate Responsibility. These pillars are anchored by the t
Adidas Group Sees Bottom in Second Quarter
Adidas Group saw declines in all segments of its business with the exception of TaylorMade-adidas Golf in the second quarter, but the increase in TMaG saw its improvement due to the inclusion of the Ashworth business this year. In sharp contrast to last
Field Logic Promotes Weinkauf to EVP and CMO
Field Logic, the maker of the Block, the GlenDel Buck and Rage expandable broadheads, has promoted Mike Weinkauf to the position of executive vice president and CMO, effective immediately…
Iconix Gets Sport Brands Boost at Wal-Mart
Helped by a good reception of OP, Starter, and Danskin Now as well as exclusives at Wal-Mart, Iconix Brand Group's revenues climbed 9% in Q2 to $56.4 million from $51.7 million in Q2 last year…
Big 5 Sees First Comp Gain in Six Quarters
Big 5 Sporting Goods reported a better-than-expected quarterly profit on tighter cost control and forecast third-quarter profit above Wall Street expectations. The Q209 comp gain reversed six straight quarters of comp declines…
Sport Chalet’s Fiscal First Quarter Sales Down on 14.7% Comp Sales Decline
Sport Chalet, Inc. saw sales decrease 8.9% to $79.4 million for the first quarter of fiscal 2010 from $87.1 million a year ago. Comps tumbled 14.7%. The net loss was narrowed to $3.0 million, or 21 cents per share, compared to a loss of $4.5 million, or 3
EMS Sees New Financing Fueling Future Growth
Eastern Mountain Sports sees opportunities in the current recession and has closed on new financing totaling $50 million and a new, larger senior credit facility to help facilitate growth over the next few years. The new influx in equity from its existin
The END of the Road
In a release late Friday after press time, LaCrosse Footwear, Inc. said it had made a strategic decision to discontinue END Footwear (Environmentally Neutral Design) as a stand-alone outdoor and running brand. The release indicates that LaCrosse plans to
SEC Seeks More Than $22 Million from Former Kmart CEO
The Securities and Exchange Commission is seeking more than $22 million from the former CEO of Kmart Corp., Charles Conaway, for “intentionally lying” to Wall Street and concealing information from Kmart directors prior to its bankruptcy filing in 2002…
Weather Helps and Hurts Second Outdoor Sales
As consumers and analysts feel like they are beginning to see the end of the recession, spending on outdoor footwear, apparel and equipment seems to be turning around. Like many metrics recently cited by economists, the retail point-of-sale data compiled
