SGB Update Footwear
Lakers’ Bryant Tops NBA’s List of Top Jersey Sales; LeBron Second
Los Angeles Lakers' Kobe Bryant has regained his spot on top of this year's list of most popular NBA jerseys. Bryant reclaimed the #1 spot, which he held in 2006-07, after being overtaken last year by the Boston Celtics' Kevin Garnett. The
Under Armour Beats the Street in Q1
Under Armour, Inc. got Wall Street excited again this week following the company’s report of first quarter results. Like the news media during a Barack Obama speech, analysts and investors were quick to buy into the numbers, conveniently ignoring the lac
Nordstrom’s First Alabama Store Cancelled
Nordstrom will no longer be opening its first Alabama store in the Riverchase Galleria in Birmingham, AL. Two years ago, the company announced its intentions to open a 143,000 square foot store in spring 2012. According to various media sources, General G
Escalade, Inc. Signs New Loan Agreement
Escalade, Inc. based in Evansville, IN, announced that, on April 30, 2009, it signed a new loan agreement with JP Morgan Chase Bank, N.A. (Chase) for a senior secured revolving credit facility. The agreement includes the waiver of the company's coven
Golf Datatech National Golf Rounds Played Report: Rounds Up Slightly in March
The Golf Datatech National Golf Rounds Played Report showed that in March, golf rounds played varied vastly between regions, with participation in the Pacific, Mountain, South Central and South Atlantic regions decreasing and participation increasing in t
Callaway Q1 Earnings Plummet in Tough Golf Market
Callaway Golf Company reported that net sales declined 25.8% to $271.9 million in the first quarter, compared to $366.5 million in Q1 2008. Net income fell 82.8% to $6.8 million, or 11 cents per diluted share, compared to $39.7 million, or 61 cents per d
Under Armour Q1 Sales, Profits Jump on Boost from Footwear and Direct
Under Armour, Inc. reported that first quarter net revenues increased 27.1% to $200.0 million compared with net revenues of $157.3 million in the first quarter of 2008. Net income jumped 38.0% to $4.0 million, or 8 cents per diluted share, in the first q
Amer Sports Sees Q1 Loss Double on Americas Weakness
Amer Sports net sales decreased 2.1% to EUR 355.3 million ($465 mm)in the first quarter ended March 31. In local currencies, net sales decreased by 7%, with Winter and Outdoor net sales flat to the year-ago period, Ball Sports revenues decreasing by 8% an
Sport-Haley Names New Board Members
Sport-Haley, Inc. said two new outside board members were elected at the company's recent annual shareholders' meeting. The new directors are Samuel A. Kidston and Lloyd M. Sems. Messrs. Kidston and Sems are also beneficial shareholders of the c
L.L. Bean to Lay Off Over 200 Maine Employees
L.L. Bean Inc. plans to lay off 200 to 240 workers in Maine due to poor sales results, reported the Associated Press (AP). In a letter to its 5,400 employees Friday, the retailer said the voluntary retirement incentives it tried to enforce in February wer
Jarden to Offer $250 Million in Notes
Jarden Corp., the parent of Coleman, K2, Rawlings, Marmot and other outdoor brands, said it will offer $250 million in notes and use proceeds to pay off part of its senior credit facility term loans. Jarden said the senior unsecured notes would be guarant
Maturing Performance Apparel Sees Gains Moderate
Performance apparel has been the darling of the sporting goods apparel business over the last few years, netting strong double-digit gains that have masked weakness in many other areas of the apparel market. The categories that make up the performance se
Soffe Parent Swings to Profit in Fiscal Q3 on Strong Activewear Gains
Delta Apparel saw considerable strength in its Activewear segment in its fiscal third quarter ended March 28, driven by higher sales of full-package products in its FunTees business. The gains in the Activewear segment, which also includes the Delta bran
Deckers Gets Q1 Boost from Another Strong UGG Performance
Deckers Outdoor Corp. pulled past its projected sales in the first quarter as a result of the UGG brand's positive holiday momentum that has continued into spring. Consumers were introduced to new lines of UGG spring-colored boots, sandals, casuals
Under Armour Partners with Ripken
Under Armour will partner will Cal Ripken Jr. and become the official uniform provider for Ripken Baseball. Among the terms of the 5-year agreement, the Ripken Baseball complex in Aberdeen, Md. will serve as the official home of Under Armour Baseball and
