SGB Update Footwear

Play It Again Sports Parent Posts Profit Gain

Winmark Corp., the parent of Play It Again Sports, reported net income increased 28.1% in the second quarter to $1.2 million, or 22 cents a share, from $930,500, or 17 cents, a year ago. Sales were virtually flat at $8.8 million versus $8.7 million a year

Element 21 Sees Growth in Fishing Rods

Element 21 Golf Co. said that major North American retail chains will be doubling the number of store front that are carrying the Carrot Stix(tm) fishing rods…

Former Nautica Founder Partners with Jack Nicklaus

The Nicklaus Companies and David Chu Management Group (DCMG) have have established a strategic partnership to develop and evolve the Nicklaus Brands in the lifestyle category. Chu first rose to prominence in the eighties with the success of his lifestyle

Iconix May Bid for Eddie Bauer

Eddie Bauer Holdings Inc. may draw bids from Iconix Brand Group Inc. as well as Golden Gate Capital, sources told Bloomberg News. CCMP Capital Advisors LLC, a New York-based private equity firm, had offered an initial $202 million last month in a so-calle

Sugoi Secures Timex Apparel License

Sugoi Performance Apparel, a division of Dorel Industries Inc., and Timex Group, have entered into a license agreement for the design, manufacture and distribution of sports apparel under the Timex brand name. Sugoi will launch a line of Timex performance

NRF: Economy Likely to Impact BTS Purchases

According to the National Retail Federation’s 2009 Back to School Consumer Intentions and Actions Survey, the average family with students in grades Kindergarten through 12 is expected to spend $548.72 on school merchandise, a decline of 7.7 percent from

Beretta, Browning, Remington Among Sponsors for SCTP Nationals

With more than 1,000 SCTP shooters preparing to compete in the upcoming National Championships at the World Shooting and Recreation Complex in Sparta, Ill. on July 23 – 26, 2009, the Scholastic Shooting Sports Foundation (SSSF) said Beretta, Browning, and

OIA Report: Outdoor Sales Decline in May

Retail sales for all core outdoor stores combined (chain, internet, specialty)* declined 7% compared to last May, moving from $448M to $418M, according to the most recent edition of the Outdoor Industry Association (OIA) Outdoor Topline Report. Sales for

Bass Pro Planning Hotel in Springfield

American Sportsman Holdings, the parent of Bass Pro, has filed a zoning request to turn land across from Bass Pro Outdoor World in Springfield into a five-story “landmark” hotel, according to the Springfield Business Journal. The new hotel would have arou

Black Diamond Wins AMGA Industry Award

Black Diamond is the 2009 recipient of the American Mountain Guides Association’s (AMGA) Industry Award. AMGA Executive Director Betsy Novak will present the award to Black Diamond at this year’s Summer Market Outdoor Retailer Show…

Retailers Look for Trend Lines in Grim June Comp Store Results

With the sliver of optimism that was generated by encouraging April comps already a distant memory, many retailers are conceding that any relief from the recession could be delayed. Following May same-store sales that were one to one-and-a-half points bel