SGB Update Footwear
Yue Yuen’s First Half Profit Dips 3.2%
Yue Yuen Industrial (Holdings) Ltd. said its first-half net profit fell 3.2% from a year earlier, due to higher tax expenses and despite an increase in sales. The Hong Kong-listed company said its net profit for the six months ended March 31 fell to US$21
Callaway Golf Sees Flat to Slight Rise in Q2 Earnings
Callaway Golf Company said it expects second quarter earnings to rise to a range of 10 cents to 15 cents share versus 10 cents a year ago. Sales are expected to reach in the range of $295 – $305 million versus $302 million a year ago…
True Temper Expanding to Increase Capacity
True Temper Sports is preparing to invest about $10 million, its largest capital investment in the last five years, to expand manufacturing capacity of its worldwide operations…
OBIT: Chad Jacobs
Chad Jacobs, one of the founders of ICR Communications, the investor relations company, has passed away at the age of 45 after a long battle with cancer…
Brooks Launches Run Happy Cavalcade of Curiosities
Brooks Sports, Inc. announced the imminent arrival of the Run Happy Cavalcade of Curiosities, a running-inspired carnival experience that will tour the country hitting running shops, events, and Rock 'n' Roll expos over the next several years…
Foot Locker Introduces Military Discount Program
Foot Locker, Inc. announced its partnership with Veterans Advantage to honor all who serve the nation and their families with a 20% discount delivered online, by phone and through its stores in the U.S., Puerto Rico, the U.S. Virgin Islands, and Guam…
Spenco Hires Global Sales Director
Spenco Medical Corporation has hired Jeff Antonioli as its new global sales director. Antonioli assumes direct sales management responsibility for Spenco sports, medical and occupational markets formerly held by R.C. Cruthirds, who is now V.P. Spenco Foot
Skirt Sports Expands Skirt Chaser 5k Race Series to 11 Cities
Skirt Sports announced that its successful Skirt Chaser 5k Race Series has expanded to 11 cities in 2010 reaching thousands of runners and fitness enthusiasts nationwide. In 2012, the series is slated for explosive growth with 20 locations in development.
New Balance to Sponsor Johan Santana
New Balance signed All-Star and award-winning pitcher, Johan Santana, to a multi-year endorsement contract…
Volcom Unifies Efforts Under CRS Program
Volcom, Inc. named 13-year veteran Derek Sabori to head up its first unified Sustainability and Corporate Social Responsibility program…
May Comps Disappoint; June, BTS will be Key for Recovery
For the second consecutive month, a holiday calendar shift and damp, cool weather throughout much of the country has dropped retail same-store sales below most analysts’ expectations. May, a month that is typically boosted by summer apparel sales, w
Shoe Carnival Sees Q1 Sales, Profits Jump
A 13.1% comp gain combined with improved gross profit margins and controlled expenses resulted in the strongest quarterly earnings performance in Shoe Carnival's history. Led by toning footwear, the comp gain beat guidance in the range of 8% to 9%, a
Quiksilver Triples Fiscal Second Quarter Profits Despite Revenue Decline
Quiksilver, Inc. continued to move forward with solid profits in the company’s fiscal second quarter ended April 30 as net income surged 235% to $9.4 million, or 6 cents per diluted share, compared to $2.8 million, or 2 cents per diluted share, in t
Sport Chalet Finishes Tough Year with Solid Q4
Citing favorable winter weather and improved inventory position, Sport Chalet was successful in boosting sales in the fiscal fourth quarter ended March 28, to $90.2 million from $84.5 million in the prior-year period.//
Dorel Looks to Expand on Heels of Current Upswing
Following first quarter reports of growth in its Recreation/Leisure segment (up 12.5% to $181.7 million), executives at Dorel Industries maintained to shareholders at a meeting last week that improving consumer confidence and new products from Cannondale