SGB Update Footwear
Retail Import Volume at Lowest Level in Five Years
Import cargo volume at the nations major retail container ports improved in March over February¹s seven-year low, but was still at its lowest level in five years and remained below the 1 million mark, according to the monthly Port Tracker report released
RECALL: Ambler Mountain Works Children’s Beanies
The U.S. Consumer Product Safety Commission, in cooperation with Ambler Mountain Works announced a voluntary recall of the Erwin Beanie and Poseidon Beanie Children’s Knitted Hats. Consumers should stop using recalled products immediately unless otherwise
Cybex Posts Loss on 28% Sales Tumble
Cybex International, Inc., the manufacturer of exercise equipment, said sales for the first quarter of 2009 decreased by 27% to $28.9 million compared to $39.8 million a year ago. The company reported a net loss of $1.4 million, or 8 cents a share, in the
Petzl Foundation to Sponsor Access Pan America Conservation Initiative
Petzl has partnered with Access Pan America through a grant from the Petzl Foundation. Access Pan America is a newly established organization dedicated to protecting climbing access across the Americas. It will be the first and only organization of its
Milwaukee PD Switches to Smith and Wesson
Smith & Wesson Corp., said the Milwaukee Police Department will equip its entire 2,000-officer force with Smith & Wesson Military & Police (M&P) Series pistols. The conversion comes on the heels of the Department's announcement in the Fall of 2008 th
Nfinity Taps Inman as Brand Manager
Nfinity announced this week that Alaina Inman has joined the company as corporate brand manager. In her new position, Inman will be responsible for overseeing alignment among the business units, marketing and PR campaigns, and Nfinity brand management and
K2 Snowboarding Hires New Global Marketing Manager
Seattle-based K2 Snowboarding named Steve Metcalf Global Marketing Manager to lead all marketing and communications for the snowboard company. Metcalf previously developed marketing programs as the brand director and film producer for Aspen/Snowmass, one
Russell Releases Customer Letter Regarding Labor Allegations
Russell Athletic sent a four-page letter to its retail, team, university, and licensing partners to further explain and defend itself against anti-union and sweatshop allegations from activist groups. In the letter, Gary Barfied, Russell's EVP, wrote
Crown Acquisitions Agrees to Buy Filene’s Basement.
Filene's Basement Inc. filed for Chapter 11 bankruptcy protection and concurrently announced that it had entered into an agreement with an affiliate of Crown Acquisitions to purchase 17 of the chain's 25 stores, including the flagship stores in
Excess Inventories at Retail Impact Unifi’s Third Quarter…
Unifi is seeing excess inventory at retailers and vendors work its way up to the suppliers. The company reported fiscal third quarter net sales fell 30.0% to $119.1 million compared to $169.8 million for the prior year’s fiscal third quarter. The cumulati
Timberland Sees Double-Digit Declines Across the Board in First Quarter
Timberland had an interesting first quarter with overall global revenues declining, but cost cutting measures helped keep expenses in check and the company stayed in the black for the quarter…
Acushnet First Quarter Earnings Plummet on Double-Digit Sales Decline
Acushnet Co., the golf division of Fortune Brands, reported sales in the first quarter fell 12.5% to $347.0 million from $396.4 million in the year-ago period. Including one-time charges, operating earnings for the group, which includes the Titleist, Cobr
Cabela’s Comps Up, but Finance Unit Sinks Q1 Net
Mirroring a pervasive market trend that has emerged as a common thread for nearly all outdoor retailers, Cabela’s Inc. reported first quarter revenues were driven by notable strength from strong firearms and ammunition sales. However, despite any improve
U.S. Sec. of Interior Creates Office of Youth…
Secretary of Interior Salazar has created a new Office of Youth. The new office will coordinate a department-wide youth program to introduce young Americans from all backgrounds to national parks and monuments, refuges, public and tribal lands and to prom
Callaway Golf First Quarter Reflects Sharp Golf Industry Downturn
Callaway Golf got off to a disappointing start in the first quarter of 2009, as revenues fell 25.8% and net income plummeted 82.8% compared to the first quarter last year. The company attributed the drop in sales to the widespread global economic downturn
