SGB Update Footwear
L.L. Bean Opens Home Store
L.L.Bean will celebrated the grand opening of its new Home store in Freeport, September 12-13. The store is designed with an old-time general store feel and features unique lighting, tin ceilings and custom fixtures made from locally reclaimed and recycle
Neiman Marcus Q4 Loss Widens On Impairment Charge
Neiman Marcus Group Inc.'s fiscal fourth-quarter loss widened to $168.5 million, compared with a $35.6 million loss a year earlier. The latest results included $143.1 million in impairment charges, while the prior-year results had $31.3 million in im
Smith and Wesson Reports Q1 Sales Up 30% on Handguns, Tactical Rifles
Smith & Wesson Holding Corporation said net sales for the first fiscal quarter ended July 31, 2009 were $102.2 million, which was $23.8 million, or 30.3%, higher than net sales of $78.5 million for the first fiscal quarter last year…
Yue Yuen’s Sales Drop 8.2% in August
Yue Yuen Industrial (Holdings) Ltd. reported revenue fell 8.2% in August from a year earlier to US$386.4 million from $421.1 million…
Sports Direct Lifts FY Profit Guidance
Sports Direct, the U.K.'s largest sporting goods retailer, raised its full-year profit forecast after a better-than-expected first quarter. Revenue increased 10% in the 13 weeks to July 26, to £375 million ($619 million), with group profit up 4.7% to
Skechers CFO Departs
Skechers USA, Inc. announced that Fred Schneider, its CFO, has informed the company of his resignation from his position in order to pursue other interests. Schneider plans to remain with the company through February 2010 in order to enable an orderly tra
OBIT: Melvin Olshansky, Maurice Sporting Goods
Melvin A. Olshansky, the chairman of Maurice Sporting Goods in Northbrook, IL, died on Aug 29 at the age of 74, according to The Chicago Tribune. He had been hospitalized for several months with a number of maladies, including respiratory problems and kid
Amer Sports Exploring Sale of Mavic; Lowers 2009 FY Guidance
Amer Sports is currently exploring a sale of its cycling business Mavic. The Finland-based business, which owns the Wilson, Salomon, Atomic, Precor and Suunto brands, also lowered its outlook for the current year while unveiling a €150 million ($21
Cabela’s Sells Taxidermy Subsidiary to PE Firm
Cabela's closed on the sale of Van Dyke's Taxidermy, a division of Cabela's Inc., to McKenzie Sports Products, LLC, a Gridiron Capital portfolio company…
Outdoor Sales See Little Benefit from August Back-to-School Tax Free Days
Early signs of a turnaround for Outdoor Apparel, Footwear and Hardgoods reported in July may have been premature as August looks to be another flat month for retailers who do business in the sector…
OIA: July Outdoor Sales Slip 4% on Cool Unseasonable Weather
According to the July Outdoor Industry Association (OIA) Outdoor Topline Report, retail sales for chain, internet, and specialty outdoor retailers declined 4% compared to last July, moving from $371 million to $358 million. The positive trend in close-to-
Camelbak Aims to Capitalize on Aluminum/BPA Scare with ‘Steel of a Deal’ Program
CamelBak is offering a free CamelBak insulated stainless steel water bottle to consumers who send in a photo of their aluminum water bottle with a liner containing Bisphenol A (BPA). The photos should depict ways which consumers are recycling these alumi
Dick’s SG Launches Mobile Site at Dallas Cowboy’s New Stadium
Dick's Sporting Goods, Inc. launched its new mobile site past Labor Day weekend on the world's largest HDTV video board at the new Dallas Cowboys stadium. The retailer said it was the first time a stadium video billboard had offered this level o
Patagonia Terminates Marketing Relationship with SIGG
Patagonia has terminated all co-branding and co-marketing efforts with SIGG, Inc. It has come to Patagonia’s attention from recent news reports that a Bisphenol A (BPA) epoxy coating was used in most aluminum SIGG bottles manufactured prior to Augus
NC Highway Patrol Switches to SWHC Pistols and Tactical Rifles
Smith & Wesson Holding Corporation said the North Carolina Highway Patrol has chosen to equip all of its officers with Smith & Wesson Military & Police (M&P) Series pistols and with M&P Series tactical rifles. The M&P357 pistols and M&P15 tactical rifles
