SGB Update Footwear
JJB Sports Posts Steep Loss in 2008
JJB Sports posted a net loss of £167.6 million ($264.6 million) for the fiscal year ended January 25, compared with a profit of £9.6 million ($15.3 million) for the prior year. The latest year reflects a charge of £171.7 million ($273.5 million) due to st
Mizuno Fiscal Year Net Dips as Sales Decline
Mizuno reported that total consolidated net sales declined 6.9% to ¥162.0 billion ($1.62 bn) for the fiscal year ended March 31, compared to net sales of ¥174.0 billion ($1.53 bn) in the prior year. Operating income fell 63.0% to ¥2.91 billion ($29 mm) i
Golfsmith Acquires Rights to MacGregor Golf
Golfsmith International Holdings, Inc. has acquired full intellectual property rights to the MacGregor Golf brand throughout North and South America, Europe, Australia/New Zealand and Africa. New MacGregor products will be available as soon as Holiday 200
PacSun Narrows Q1 Loss, Exceeds Estimates Despite Double-Digit Comp Decline
Pacific Sunwear of California, Inc. narrowed it first quarter loss while handily exceeding the very conservative forecasts of most analysts. PSUN management said expense management and inventory control were the primary contributors to minimizing damage
Adidas Group Names Chief Officers for Sales and Retail
Adidas Group has named two new chief officers for sales and retail, responsible for both adidas and Reebok. Michael Stanier joined the adidas Group as chief retail officer on May 15, and Roland Auschel will assume the role of chief sales officer on July
Jim Tompkins to Leave New Balance
New Balance President and COO Jim Tompkins will leave the company in early June after 10 years in the position. A spokesperson with New Balance said the company is currently developing transition plans…
Outdoor Retailer Further Cuts Costs to Add Value
Like operators of many businesses these days, the organizers of the Outdoor Retailer trade show recognize that “flat is the new up.” That's why their “goal” for the upcoming Summer Market is to have at least the approximately 21,000 overall attendees
RECALL: Norco, Trek, Cannondale Bikes
Around 20,000 mountain bikes and bike frames are being recalled last week by three companies in cooperation with the U.S. Consumer Product Safety Commission. Both Trek and Cannondale are recalling bikes with faulty suspension forks manufactured by Taiwane
Survey: Business Getting Done at OR Trade Show
In its first comprehensive survey around the iconic outdoor industry trade show event since 2004, the organizers of Outdoor Retailer found – not so surprisingly – that new products and networking were the primary reasons retailers went to their trade show
Sportsmen Applaud Administration Support of Clean Water Act Protections
Members of the Theodore Roosevelt Conservation Partnership Wetlands and Clean Water Working Group applauded statements made by the Obama administration supporting a legislative fix to the long-standing confusion over federal protections of the nation’s ri
Cloudveil Appoints New Sales Positions
Cloudveil has named James Samuel to a new position, Director of Global Sales, while Ned Hutchinson assumes North American Sales Management responsibilities…
YogaDirect Becomes Preferred Yoga Supplier for Lady of America
YogaDirect.com is teaming up with the Lady of America Franchise Corporation, one of the largest influences in women’s fitness in North America…
SIA: Snow Sports Sales Dropped 4.4% in 2008-09 Season
According to SIA's recently released Retail Audit, snow sports market sales declined 4.4% in dollars and 2% in units for the 2008/09 season. This season brought in a total of $2.82 billion compared to last season’s $2.95 billion in sales. Current sea
Jim Gerson Named President,Reef-Americas
Reef, which is part of VF Corp., appointed of Jim Gerson, currently vice president of Apparel at The North Face, as president of Reef-Americas. In his new role, Jim will be responsible for developing the product line and brand strategy for the Reef brand
Sports, Inc. Industry Grants Total $430,000
Since 1997, Sports, Inc. has invested $430,000 through its membership across the United States to fund sports related facilities and programs. The funding program, which is called the “Sporting Chance Award”, is given each year to two the Sports, Inc. me
