SGB Update Apparel
Nalgene Parent Sued Over BPA Bottles
A California mother is suing the maker of Nalgene durable plastic water bottles, claiming that the company was aware that the bottles contained bisphenol A, or BPA, and that it downplayed the dangers of the controversial chemical. This is believed to be t
Sports Direct to Meet Expectations
The U.K.'s biggest sporting goods retailer, Sports Direct International Plc expects to meet earnings expectations despite “challenging” market conditions. Sports Direct, 70 percent controlled by billionaire and Newcastle United soccer club chairman M
Hydrapak Hires Sales and Service Support
Hydrapak appointed Jim Vernon as its new Sales Coordinator and David Kim the new Service Coordinator. Together they will help assist with the increased sales and communication activity created by the rapid growth of the Hydrapak brand in hydration packs a
Brunswick Q1 Net Tumbles
Brunswick Corporation reported sales in the first quarter totaled $1.35 billion, down 3% from $1.39 billion a year ago. Operating earnings plunged 80.6% to $10.3 million, compared with $53.0 million a year ago. Operating earnings in the first quarter of 2
Lacrosse Footwear Q1 Net Jumps 29%
LaCrosse Footwear, Inc. reported sales of $24.7 million in the first quarter, up 4% from $23.7 million a year ago. Net income advanced 29% to $0.8 million, or 12 cents a share, from $0.6 million or 10 cents, a year ago…
TomTom Sales Fall 10.8% in First Quarter
Netherlands-based TomTom said its revenues fell 10.8% to €264 million ($395.5mm) in the first quarter, compared to €296 million ($387.8mm) in the same period a year ago. The company said it expects Europe and North American PND markets will grow by more
Cabela’s to Pay Back $173,000 in Local Incentives
A Cabela's store in Buda, TX, must pay back $173,000 in local tax incentives after missing job targets for the third consecutive year, and the outdoors retail chain probably will have to return some money it received from the governor's Texas En
GSIC Could Lose Money from Operations in Fiscal 2008
GSI Commerce Inc. lowered its fiscal 2008 guidance for income from operations to a range of -$1.5 million to $1.5 million, from $3 million to $6 million forecast in mid-February. The e-commerce company said its loss from operations more than tripled to $1
Native Partners with Recreational Boating and Fishing Foundation
Native Eyewear has entered a partnership with the Recreational Boating and Fishing Foundation to help promote the Anglers Legacy “Take the Pledge” program. This program asks avid anglers to take at least one new person fishing each year and share their p
Rawlings Elevates Three Sales Execs
Rawlings recently announced the promotion of three sales and marketing executives and a new HR chief. The changes reflect the new roles that each has taken since Jarden’s acquisition of K2 in the Fall of 2007…
Hibbett Names VP of Merchandising Planning
Hibbett Sports, Inc. promoted three managers to VP positions in the areas of merchandising, legal and real estate. Jeff Gray, a 17-year veteran of Hibbett Sports, was promoted to VP of Real Estate and Michael McAbee to VP of Merchandise Planning…
VF Corp’s Q1 Revenues Climb 10%
VF Corp. reported first quarter revenues rose 10% to $185 billion from $1.67 billion a year ago. Income from continuing operations climbed 11% to a record $149 million, compared with $134.1 million in the prior year's quarter. Earnings per share from
Bally Sold to Reimann Group
TPG Inc. agreed to sell Swiss shoe brand Bally International AG to a new luxury venture formed by Germany's billionaire Reimann family, ending a nine-year investment by the U.S. leveraged buyout firm. The family's Joh A. Benckiser SE, which owns
Shimano Completes Pearl iZumi Purchase
Shimano American Corp. on Monday completed its acquisition of Pearl iZumi from Nautilus for $69.4 million in cash and debt. As a result of the deal, Pearl Izumi will relocate its headquaters to Louisville from Broomfield…
Crocs Shares Plummet on Lowered Guidance…
Crocs had a tough week as it fired a warning shot to Wall Street that it would fail to meet its earlier guidance for both the first quarter and the fiscal year. The Street shot back with the company’s stock closing down 43.1% for the week, closing at $10
