SGB Update Apparel
BJ’s February Comps Remain Steady
BJ’s Wholesale Club, Inc. saw February 2009 sales increase by 2.4% to $670.0 million from $654.2 million in February 2008. On a comparable club basis, sales increased by 0.6% for the month of February 2009, including a negative impact from sales of gasoli
Propeller Merges with Penfield Marketing
Propeller LLC, an advertising agency focused on outdoor action sports, has merged with Penfield Marketing Group, a sports and event marketing company. The new entity, called Wheelhouse, will continue to specialize in sports and recreational activities and
Broder Bros. Co. Hires Strategic Advisor
In light of the current market conditions, Broder Bros., Co. has retained Miller Buckfire & Co., LLC as its financial advisor and investment banker and Kirkland & Ellis LLP as special counsel as it explores its financing and strategic alternatives with re
National Golf Rounds Played Up 8.6% in January
The Golf Datatech National Golf Rounds Played Report showed that in January, golf rounds played varied vastly between regions. According to the report, national golf rounds played in the U.S. were up 8.6% in January 2009 vs. January 2008…
Sport Chalet Amends Credit Facility
Sport Chalet, Inc. has amended its credit facility with Bank of America. Under the terms of the amendment, Bank of America has waived the company's existing event of default and certain potential defaults and amended the borrowing base, certain finan
ATA Changes 2010 Trade Show Dates
The Archery Trade Association’s board of directors has changed the 2010 Trade Show dates to Jan. 13-15 to accommodate a scheduling conflict…
Newton Running Names President
Newton Running appointed Stephen Gartside as the company’s president. Gartside will run the day-to-day global operations of Newton Running, based in Boulder, and work closely with Newton’s founders, Danny Abshire and Jerry Lee. Gartside has more than 20 y
Winter Sports Lifts Head NV’s Fourth Quarter Results
Driven by double-digit gains in winter sports, Head NV revenues increased 5.4% in the fourth quarter to €115.1 million ($147.3 million). Operating profits also grew with the help of lower expenses, favorable exchange rate movements, and the sales gains…
Globe International’s Sales Slide 4.5% in Half
Globe International's sales fell 4.5% in the six months ended Dec. 31, to Australian $60.6 million (U.S. $39.3 million). In constant currency terms, sales dropped 11%. The EBITDA loss was A$5.7 million ($3.7 million) compared to earnings of A$1.1 mil
Pacific Brands Restructures As H1 Sales Dip 2.9%
Pacific Brands is implementing a new strategy – Pacific Brands 2010 – to restructure and sharpen the focus of the business. The company will discontinue some of its smaller labels and brands to reduce complexity and cost and divest some non-core businesse
OBIT: Founder of Crazy Creek Rob Hart Dies in Ski Accident
Robert “Rob” Dixon Hart, 51, founder of Crazy Creek Products died Feb. 20 in a skiing accident on Red Lodge Mountain. Hart founded Crazy Creek Products with his first wife Louise “Weezie” Chandler in Red Lodge, MT in 1988…
The North Face Base Camp Duffel Wins Award
The North Face Base Camp Duffel has been awarded the Editor’s Choice Gold Award by Backpacker magazine. The Base Camp Duffel was introduced in 1979 and celebrates its 30th birthday in 2009. It is The North Face’s classic, bomber expedition duffel…
Colnago Establishes U.S. Subsidiary in Chicago
Bike manufacturer Colnago recently established its first U.S. subsidiary in Chicago. This move rids the company of an outside distributor for the first time in 30 years. Colnago's most recent distributor was Veltec Sports…
Lacrosse Subsidiary Receives Army Order for $6.7 Million
LaCrosse Footwear, Inc. said its Danner subsidiary received a new $6.7 million delivery order from the U.S. Army for the Danner Combat Hiker boot. Danner anticipates delivering this order of the Combat Hiker boot beginning in April through August of this
RECALL: Bowflex Gyms
Nautilus Inc. is recalling a total of 78,000 Bowflex home gym systems because of safety concerns. The Consumer Product Safety Commission said the seat of the Bowflex Ultimate 2 Home Gym could fall unexpectedly and injure a user or bystander. The seat, whi
