SGB Update Footwear
Easton Sports Welcomes Chris Zimmerman
Easton-Bell Sports has appointed Chris Zimmerman as the president of Easton Sports, effective immediately. Reporting to Paul Harrington, President and CEO of Easton-Bell Sports, Zimmerman will take the reigns within the Easton Sports division…
Foot Locker Launches 5-Year Growth Plan, Looks to Increase Focus on Run and Apparel
Foot Locker Inc. announced a series to strategies to reach a goal of annual sales of $6 billion and net income margin of 5% over the next five years. At an analyst meeting, Ken C. Hicks, its new chairman and CEO, said the new strategy includes a increased
Stage Stores Q4 Profit Gains 10%
Stage Stores Inc. reported its fiscal fourth-quarter profit rose 10% to $27.9 million, or 72 cents, for the period ended Jan. 30, up from $25.3 million, or 67 cents per share, a year ago. Sales fell 5% to $431.7 million from $455.8 million…
Neiman Marcus Rebounds, Posts Profit
Neiman Marcus Group Inc. swung to a fiscal second-quarter profit after steep write-downs weighed on year-ago results. For the quarter ended Jan. 30, Neiman Marcus posted a profit of $4 million, compared with a year-earlier loss of $509.3 million. The year
SIA: Snow Market Flat In January
According to the SnowSports Industries America (SIA) Retail Audit Report, Snow Sports market sales reached $2.26 billion in January with a 0.4% gain in dollars sold compared with August through January last season. Significant declines in the West and Nor
San Jose Cycling Classic Expected to Draw 20,000
The San Jose Cycling Classic will be held May 15-20 throughout San Jose in conjunction with the upcoming Amgen Tour of California. The week of amatuer and professional cycling events is expected to attract 20,000 spectators, participants and cycling-relat
Columbia Sportswear to Open Chicago Store
Columbia Sportswear Co. has scheduled the opening of its fifth U.S. Columbia branded store Friday, March 12 on Chicago's Magnificent Mile…
Paddlesports Group Backs Outdoor Nation Campaign
The Paddle Advisory Council that now receives about $30,000 annual stipend from the Outdoor Retailer trade show to promote paddlesports, will invest a portion of that money in Outdoor Nation, a campaign launched last year that will culminate this summer w
Nautilus to Incur Charge to Shed Commercial Business
Nautilus Inc. expects to incur charges of $13.5 million in connection with its previously announced plan to shed its commercial business division, according to a regulatory filing with the Securities and Exchange Commission. It expects $4 million in cash
Cabela’s Outlines Plans for 2010 and Beyond
On the heels of a fourth quarter that saw revenue for Cabela’s increase 5.5% on strength from its retail segment, management for the self-proclaimed World’s Foremost Outfitter conducted an analyst and investor day event to outline initiatives
Acushnet to Appeal Tokyo Court Ruling
The Acushnet Co., the parent of Titleist, FootJoy and Cobra, plans to appeal a Tokyo court's decision that its Japanese division infringed on the copyrights of Japan's Bridgestone Sports Company with its Titleist balls…
ICSC: February U.S. Chain Store Sales Better Than Expected
The International Council of Shopping Centers reported that U.S. chain store sales in February rose by a strong 3.7% on a comparable store basis, a much better performance than previous expectations…
Indonesian Firm Sues Billabong Over License Agreement
Billabong International disclosed that it is subject to a civil claim requesting compensation of $53 million and $100 million for unspecified damages relating to a license dispute in Indonesia…
Eastern Mountain Sports Promotes Senior Managers
Eastern Mountain Sports promoted its COO and CFO Bob Mayerson to president as part of a series of senior management promotions at the regional outdoor retail chain…
OIWC Sees 20 Reg’l Events in 2010
The Outdoor Industry Women’s Coalition, which is dedicated to helping women in the outdoor industry advance their careers, is hosting nearly 20 regional events in 2010 with a focus on six regions that are home to a concentration of outdoor companies
