SGB Update Apparel
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
GSI Commerce to Offer 1.8 Million Shares of Common Stock
GSI Commerce Inc. announced a registered public offering of 1,811,150 shares of common stock to be sold by the company and 8,188,850 shares of common stock to be sold by selling stockholders…
Nordstrom Reports July Comps Slide 6.9%
Nordstrom, Inc. reported a decrease in same-store sales for July of 6.9% compared with the same period in fiscal 2008. Preliminary total retail sales were $806 million for the four-week period ended August 1, 2009, a decrease of 4.1 percent compared with
Target July Comps Fall 6.5%
Target Corporation sales for the four weeks ended August 1, 2009 were $4.42 billion, a decrease of 3.2% from $4.57 billion for the four weeks ended August 2, 2008. On this same basis, July comparable-store sales decreased 6.5%…
Escalade Sees 20% Drop in Sporting Goods Sales in ’09
Escalade Inc. reported that its Sporting Goods division's net sales declined 19.8% and 16.6% in the second quarter and first half of fiscal 2009 respectively. The company expects Sporting Goods sales to be approximately 20% lower in 2009 compared to
Neiman Marcus Comps Drop 27.3% in July
Neiman Marcus, Inc. announced the preliminary company-wide revenues for July 2009. The Company’s fiscal year 2008 ended on August 2, 2008, which included a fifty-third week…
Report: Governor Signs One-Gun-A-Month Bill
Governor Jon Corzine (D-NJ) signed Assembly Bill 339/Senate Bill 1774 into law on Thursday, according to a release by the National Rifle Association.
Small Outdoor Business Owners Pessimistic About Economic Recovery
In a survey released today by Outdoor Industry Association (OIA), small businesses reported their revenue expectations for 2009 continue to fall and employment indicators continue to decline. Bottom line: Outdoor businesses have a more negative view abo
U.S. Ski and Snowboard Team Foundation Names Silcock to its Board of Trustees
The U.S. Ski and Snowboard Team Foundation has named noted Dallas skier and financial leader Julie Silcock to its Board of Trustees. Silcock, who has 25 years of investment banking experience in the Southwest, is presently co-head of Southwest investment
Big 5’s Earnings Surge on Lower Costs, Comps Up 0.3%
Big 5 Sporting Goods Corp. reported sales for the second quarter rose 3.3% to $216 million from $209 million a year ago. Comps nudged up 0.3%. Net income climbed 176.5% to $4.7 million, or 22 cents a share, from $1.7 million, or 8 cents a year ago. Exclu
JD Sports Acquires Canterbury Rugby Brand
JD Sports Fashion Plc, the U.K. chain, said it acquired the rugby brand Canterbury for £6.5 million ($11mm)…
