SGB Update Apparel
Sport Supply Group Q2 Net Sales Slip 1.7%
Sport Supply Group, Inc. said net sales for earnings per share for its fiscal second quarter ending Dec. 31, 2008 were 4 cents per fully diluted share. Net sales for the quarter declined 1.7%. Commenting on the quarter and year-to-date Results, Adam Blume
RECALL: Dick’s Sporting Goods Golf Game/Camping Equipment
A camping stove and golf game sold at Dick's Sporting Goods Inc. are under a voluntary recall. About 6,700 Field & Stream dual burner propane-fueled camp stoves might produce higher-than-expected flames, or ignite unexpectedly, the Consumer Product S
Industry Chains Continue Respective Trends in January
Pacific Sunwear of California reported that total PacSun sales for the fiscal month of January declined 8% to $54.7 million from $59.6 million in the year ago period. PacSun comp sales dropped 11% for the month…
Layoffs at Brown Shoe and Macy’s
Macy's Inc. and Brown Shoe Co. joined a number of companies announcing major layoffs to streamline operations in the face of the recession. Macy's plans to cut 7,000 jobs, or 4% of its workforce, while Brown Shoe, the parent of Famous Footwear,
Court at Odds with CPSC on Safety Act Provisions
The U.S. Consumer Product Safety Commission issued a one year “Stay on Enforcement” for the submission of “Testing and Certification” of compliance with the new lead and phthalates laws. The CPSC said it would not require Testing and Certification on prod
Canada Anti-Dumping Complaint Filed Against China and Vietnam…
The Shoe Manufacturers Association of Canada requested that the Canada Border Services Agency re-investigate pricing of waterproof rubber footwear and bottoms exported or originating from the People's Republic of China and Vietnam…
Sport Chalet Reviews Strategic Alternatives
Sport Chalet, Inc. is evaluating strategic alternatives, including raising additional capital and amending or replacing its current credit facility. This includes retaining Wedbush Morgan Securities as its financial adviser in this process. In a press re
LaCrosse FW Q4 Net Halved on Higher Expenses
LaCrosse Footwear, Inc. reported consolidated net sales of $35.1 million for the 2008 fourth quarter, up 8% from $32.7 million in the fourth quarter of 2007. For the full year 2008, consolidated net sales were $128.0 million, up 8% from $118.2 million in
Timberland Fourth Quarter Revenues Fall on Softness in North America
The Timberland Co. again reported disappointing revenues for its fourth quarter, concluding the year in “a very challenging retail environment reflecting a downturn in consumer spending and global economic uncertainty.” Still, despite this uncertainty, th
National Golf Rounds Played Drops 6.8% in December
The Golf Datatech National Golf Rounds Played Report showed that in December, golf rounds played varied vastly between regions, with participation in the Pacific, Mountain, East North Central, South Atlantic and South Central regions decreasing and partic
Tech Attributes Still King in Outdoor Apparel
Partnerships between leading outdoor technical apparel brands and manufacturers of technical fabrics continue to bring innovation to outdoor specialty retailers, but retailers want vendors to keep lifestyle in mind as well when developing new products. Ne
Oil, Gas Leases in Utah Cancelled
U.S. Secretary of Interior Ken Salazar said that the department is canceling 77 oil and gas leases in Utah issued in the final days of the Bush Administration. The decision means that more than 100,000 acres of Utah wild lands and recreation destinations
Adidas Sees Currency Fluctuation Risks
In an interview with Bloomberg Television in Wiesbaden, Germany, Adidas AG Chief Executive Officer Herbert Hainer said currency fluctuations are the biggest risk for Adidas’s business in 2009. Hainer particularly cited the declining value of the ruble
Sporting Goods Exempted From Phthalates Ban
According to the Consumer Product Safety Commission, sporting goods (except for toy versions of a sporting good) are exempted from the definition of a toy and not subject to the ban on phthalates in toys. CPSC also said exempted bicycles, playground equip
CenterStone’s B2B E-Commerce Solutions Receive Record Adoption
For the fourth consecutive year, CenterStone Technologies reported record numbers for transactions processed through its iVendix and Escape B2B e-commerce applications in 2008. The company's solutions have helped to expand the marketplace for vendors
