SGB Update Footwear
Play It Again Sales Slide 6% in 2008
Play It Again achieved system-wide sales of $235 million in 2008, down 6% from sales of $250 million in 2007, according to the annual report of its parent Winmark Corp. Play It Again Sports contributed royalties and franchise fees of $9.8 million in 2008
Sportsman’s Warehouse Files for Bankruptcy Protection
Sportsman's Warehouse on Saturday filed for Chapter 11 bankruptcy protection, citing a liquidity crisis triggered by declining sales and the global economic slowdown. The company plans to sell the business or reorganize as “a smaller, viable chain of
McDavid and Hibbett to Sponsor Scout Combines
McDavid will be the presenting sponsor of the 2009 Scout Combines. The series of high school football events are set to take place in 13 cities across the country, including Atlanta, Austin, Chicago, Los Angeles, Pittsburgh, and San Francisco, and attract
Adidas Golf Introduces Formotion Apparel
Adidas Golf has introduced Formotion apparel — a complete upper body system designed to move with the golfer's body and mirror muscle contours to eliminate restriction…
Rottefella Closes Naxo AG
Rottefella AS, the manufacturer of bindings for Nordic skiing, will close Naxo AG, its wholly owned subsidiary that produces Naxo alpine-touring bindings. The move will allow Rottefella, based in Oslo, Norway, to refocus all of its resources on the Nordic
GrindTV and Sportnet Merge
GrindTV and Sportnet announced plans to combine the web's two top action sports properties into one dominant digital action sports network collectively reaching over ten million monthly visitors. The company will operate as Sportnet, and will provide
Trek Bicycle Furloughs Affects Almost 300 Workers
Trek Bicycle Corp. has instituted temporary furloughs for many production workers at its Waterloo plant, according to the Wisconsin State Journal. Most production employees rotated one week on, one week off without pay during February. Fewer than 300 of t
Boulder Outdoor Specialty Group Adds to Sales Team
The Boulder Outdoor Specialty Group (BOSG), a collection of six cornerstone outdoor industry brands, has added Brian Wilson to its inside team of dedicated territory sales managers. As a Pacific Northwest territory sales manager, Brian will be better able
Remington Arms Posts 2008 Loss After Writedowns, Sales Climb 21%
Remington Arms Co. reported a net loss of $39.4 million in 2008 after writedowns of assets below their carrying value. Revenues jumped 20.9% to $591.1 million from $489.0 million, due primarily to sales generated as a result of the acquisition of The Marl
Play It Again’s Sales Slide 6% in 2008
Play It Again achieved system-wide sales of $235 million in 2008, down 6% from sales of $250 million 2007, according to the annual report of its parent Winmark Corp. For the years ended 2008, 2007 and 2006, Play It Again Sports contributed royalties and f
Dorel Launches Stock Buyback
Dorel Industries Inc. plans to repurchase for cancellation up to 1,458,624 Class B Subordinate Voting Shares, representing 5% of Dorel's issued and outstanding Class B Subordinate Voting Shares. The purchases will be made over a twelve-month period c
Pro Hockey Life Enters Western Canada
Pro Hockey Life Sporting Goods Inc., based in Montreal, plans to open its first stores in Western Canada with two stores in Calgary and two in Edmonton to open by late this summer. It currently operates 15 stores in Eastern Canada under three banners (Pro
Ecco Adds Sales Reps Across Territories
Ecco added 16 sales representatives in key territories throughout the U.S. The new reps support sell-through in the green-grass and off-course channels. The staff additions coincide with several major customer service initiatives, including the company�
True Temper Retains Financial Advisor
True Temper Sports, the maker of golf shafts, has retained investment banking firm Lazard Middle Market to explore alternatives to enhance the company's capital structure and value for the future. In conjunction with this action, the company did not
Remington Names Torbeck as CEO
Remington Arms Company and its parent, Freedom Group, Inc. said the board of directors has named Theodore (Ted) Torbeck as their Chief Executive Officer and he will be a director for both entities…
