SGB Update Footwear
The Paddlesports Industry Sees Continued Change in Trade Associations
While new drama unfolded at the Trade Association of Paddlesports (TAPS) and the Paddlesports Industry Association (PIA), last week the newly minted Paddlesports Working Group at Outdoor Industry Association (OIA) forged on with plans for a meeting at the
January Retail Gains Wrap Up Stronger Holiday Season, but Analysts Warn of Regression
Fresh off a promising December that saw retailers report 2.8% growth against easy year-ago comparisons and a late holiday spending spree, January retail results foresaw consolidated same-store sales surge 3%– well above initial projections — despite nas
Overall 2009 Recreational Fishing License Sales Up
In 2009, more anglers got out of the house and out on the water as fishing license sales rose by 4.7% in states that participate in the fishing license sales index released by the Recreational Boating & Fishing Foundation (RBFF) and the American Sportfish
Ski Market Enters Final Chapter with GOB Sales
Ski Market, which filed for Chapter 11 bankruptcy protection on Dec. 29, 2009, in hopes of finding a buyer, has instead commenced liquidation of its stores. In a bankruptcy auction in Boston held Friday, Gordon Brothers Retail Partners LLC won the right t
Browning Grants License to ALPS for Camping Gear
Browning said ALPS Mountaineering will be marketing a line of sleeping bags, air pads, tents, and camp furniture under the Browning Camping line…
Walking Co. Keeps Most Stores in New BK Exit Plan
The Walking Company Holdings, Inc. filed a bankruptcy reorganization plan which enables the comfort shoe retailer to keep 207 of its 214 (over 96%) current store locations open and pay off all its debts to trade creditors. It plans to exit Chapter 11 prot
Kressler Takes Over at NASGW
Shooting industry veteran Mark Kresser took the reins at the National Association of Sporting Goods Wholesalers (NASGW) effective January 1…
Trek Bicycles Reaches Settlement with Former Racing Champion Greg LeMond
Trek Bicycles has come to terms with racing legend and three-time Tour de France champion Greg LeMond, over a lawsuit filed nearly two years ago. Under the terms of the settlement, Trek has agreed to make a pair of $100,000 donations to a charity called O
Ruger Expands Stock Repurchase Program
Sturm, Ruger & Company, Inc. said its Board of Directors has expanded its stock repurchase program from $4.7 million to $10 million…
Asics Corp Sees Double-Digit Sales Decline in Fiscal Q3; U.S. Business Up Single Digits…
Asics Corporation posted an 11.0% decrease in revenues for the fiscal third quarter ended December 31. Total consolidated worldwide revenues were ¥164.3 billion ($1.83 bn), compared to ¥184.6 billion ($1.90 bn) in the year-ago quarter. In an interview
Johnson Outdoors Cuts Q1 Loss on 1% Sales Gain
Johnson Outdoor Inc. cut its losses from continuing operations by more than a third in the first quarter ended Jan. 1 on a 1% rise in net sales due to favorable currency trends. The company said declining military sales drove down its Outdoor Gear sales b
Ross Stores Ups Q4 Earnings on 13% January Sales Growth
Ross Stores, Inc. upped its fourth quarter earnings estimates as it reported a 13% increase in sales for the four weeks ended Jan. 30, 2010. The discounter said same store sales for the period grew 8% over the prior year period…
J.C. Penney Sees 4.6% January Comp Decline
J.C. Penney Company, Inc.'s comparable store sales decreased 4.6% for the four-week period ended Jan. 30, which was better than the company's guidance for sales to decrease 5% to 8%. In last year's January period, comparable store sales dec
Kohl’s Ups Q4 Guidance on 6.5% Comps Growth in January
Kohl’s Corporation reported today that total sales for the four-week month ended Jan. 30, 2010 increased 10.7% from the four-week month ended Jan. 31, 2009. On a comparable store basis, sales increased 6.5%. The strong performance prompted the depat
TJX’s January Comps Jump 12%, Raises Guidance
The TJX Companies, Inc. reported sales for the four-week period ended Jan. 30, 2010 climbed 20% to $1.3 billion from $1.0 billion a year ago. Consolidated comparable store sales increased 12% versus a 4% decrease in the same period last year…
