SGB Update Footwear
Adams Golf Settles Stockholder Class Action Litigation
Adams Golf has agreed to settle and resolve a stockholder class action lawsuit initially filed in June 1999, certain of its current and former officers and directors, and the three underwriters in Adams Golf's July 1998 initial public offering. Adams
Dorel’s Rec. and Leisure Division Sees Declining Sales and Earnings
Dorel Industries Inc. Recreation & Leisure Division reported that sales declined 6.1% to $518.5 million compared to $552.2 million last year. Excluding the impact of the new business acquisitions and foreign exchange variations on the segment's non-U
Garmin’s Q3 Sales Slide Despite Record Sales from OD/Fitness
Garmin Ltd. reported revenues slumped 10.2% in the third quarter of 2009, reflecting significant weakness from the company’s Auto/Mobile and Aviation segment that more than offset growth from the Outdoor/Fitness and Marine segments. Revenues for the
Genesco Acquires Sports Fan-Attic
Genesco Inc. announced that its Hat World subsidiary acquired Sports Fan-Attic, a Tampa, Fla.-based retailer of licensed sports headwear, apparel, accessories, and novelties. Sports Fan-Attic operates 37 stores largely in regional malls in seven states.
Mountainsmith Hires Western Reps
Pacific Recreation Sales (PacRec), based out of Bakersfield, California, has been retained by Mountainsmith LLC to oversee sales and marketing efforts in California, Arizona, Nevada and Hawaii…
SportScanInfo: Early Winter Weather Helps Push Outdoor Sales Increase in October
An early start to winter this year spurred sales of cold weather footwear and apparel at the sporting goods industry retailers and chain stores that report sales to SportScanInfo. With snow falling in the Rockies and abnormally cold weather hitting the No
Kirk Richardson Named Interim President of Mountain Hardwear as Wallenfels Departs to Timbuk2
Mountain Hardwear named Kirk Richardson to serve as interim president while the company conducts a search for a permanent replacement for co-founder and president Mike Wallenfels, who has resigned to become CEO of Timbuk2 Designs…
OIA: September Outdoor Sales Down in Spite of Holiday Shift
According to the most recent OIA Topline Report, sales for chain, internet, and specialty outdoor stores declined 4% compared to last September, moving from $350 muillion to $336 million. This decline occurred in spite of a holiday shift, moving Labor Day
Ride Snowboards Names U.S. Sales/Mktg Manager
Ride Snowboards promoted Rockies sales rep Shawn Penrod to U.S. Sales & Marketing Manager, where he’ll serve as the liaison between the company and its reps and dealers. Penrod will also oversee domestic advertising, promotions, events and communica
Akadema to Sponsor Sports At The Beach
Akadema plans to sponsor Sports At The Beach team for 2010. Sports At The Beach is a 95 acre baseball facility located near Rehoboth Beach, Delaware. It offers youth baseball tournaments from March through October…
Nexcen Brands Slashes Q2 Loss
NexCen Brands, the parent of The Athlete's Foot, reported total revenues decreased 1% in the second quarter ended June 30, to $11.8 million, compared to $11.9 million in the second quarter of 2008. The slight decrease in revenues is the result of a d
Bakers Footwear Reports Q3 Comps Slide 5.1%
Bakers Footwear Group, Inc. reported sales declined in the third quarter to $39.0 million from $41.1 million a year ago. Comps decreased 5.1%, compared to a comparable store sales increase of 4.5% for the third quarter of fiscal 2008…
Cabela’s and FLW Outdoors Form Major Partnership
Cabela's has formed a major partnership across all platforms of FLW Outdoors and its 189 tournaments, including a significant contingency award program. Terms of the agreement were not disclosed…
Urban Outfitters Third Quarter Comps Dip 2%
Urban Outfitters reported that total company net sales increased by 6% to $506 million for the fiscal third quarter versus the same quarter last year. Total company comparable store net sales declined 2%. Direct-to-consumer net sales jumped 21% and whole
Adidas Drops UCF Sponsorship After Marcus Jordan Wears Jordans
Marcus Jordan, the son of Michael Jordan, took to the floor recently for the University of Central Florida wearing his father's namesake shoes. However, UCF currently has a sponsorship deal with Adidas that guarantees all student-athletes will wear a