SGB Update Footwear
PROBAR Moves to Salt Lake City
PROBAR has said it will be relocating from the Park City area to a new and larger facility in Salt Lake City this month. Effective Feb. 16, 2009, PROBAR will call 4752 West California Ave, Suite 1000, Salt Lake City, their new home. During the transition
Rapper Tasered at Reebok NBA Party
A number of hip-hop websites and blogs are reporting that Cleveland rapper Kid Cudi had gotten into a verbal altercation with Reebok employees at a company NBA All-Star party, which then escalated into a physical fight in which Cudi was tasered by police.
VF Corp Sees Outdoor and Action Sports Stand Out in Tough Fourth Quarter
Driven by strong growth for The North Face and Vans, VF Corp's Outdoor and Action Sports coalition delivered healthy sales and earnings gains in the fourth quarter. But gains at those brands were not enough to offset weakness at the company's ot
Product Recalls
Dick's Sporting Goods Inc. is recalling about 6,700 Field & Stream dual burner propane-fueled camp stoves that might produce higher-than-expected flames, or ignite unexpectedly, according to the Consumer Product Safety Commission…
Sport Supply Fiscal Q2 Income Up Triple-Digits
Revenues for Sport Supply Group slipped slightly for the second quarter ended December 31, but the company sustained growth for the front half of fiscal 2009, with top-line growth hovering around 2% for the period…
Sport Chalet Fiscal Q3 Sales Decline 10.3%
Sport Chalet Inc. reported a double-digits decline in sales for the third quarter ended December 28, due primarily to the nation’s economic downturn that led to a much wider net loss for the period…
Adrenalina Launches Board Fight at Pacific Sunwear…
Adrenalina, which has made multiple bids to acquire Pacific Sunwear of California, has nominated a four-member slate to PacSun's board and called for the resignation of PacSun's CEO. In a letter dated Feb. 12, Ilia Lekach, chief executive of Adr
Cybex Posts Fourth Quarter Loss After Charge
Cybex International, Inc., reported a fourth quarter decline in sales and expects first quarter 2009 results to be similar due to the current “general economic conditions.”..
Gildan’s Q1 Earnings Tumble, Suspends Guidance
Gildan Activewear reported that fiscal first quarter net income tumbled 84.6% for the period ended January 4, primarily due to significantly lower unit sales volumes, combined with higher cotton and energy costs, and unfavorable product mix…
Asics Lowers Guidance Despite Solid Q3
Asics Corp. reported third quarter net sales of ¥60.42 billion ($628.9 mm), increasing 5.5% from net sales of ¥57.27 billion ($506.3 mm) last year. The company saw growth in both footwear and apparel more than offset a slight decline in equipment sales, b
Mizuno Lowers Outlook After Tough Q3
Mizuno Corp. had a difficult third quarter as continued softness in the global economy slowed sales and caused the company to lower its guidance for the fiscal year that ends at the end of March. The company now anticipates reporting a net loss for the fi
SEC Settles DKS Insider Trading Case
The U.S. Securities and Exchange Commission settled an insider trading case against four individuals, including the former vice president of real estate at Dick's Sporting Goods Inc., related to the DKS acquisition of Galyan's Trading Company in
WSA Show Can’t Live Up to Lowered Expectations
The WSA Show has rapidly devolved into a regional show once again – but the company that owns the show still has the floor space for a much bigger event. The empty aisles at the Sands Expo and Mandalay Bay had many wondering why show management had not c
REI 2008 Net Income Falls After Tougher Q4
REI said it plans to eliminate 61 full-time jobs, mostly at its Kent, WA headquarters and Sumner, WA distribution center, due to a “significant business slowdown in the final months of 2008 and continued projected weakness in 2009.”..
EORA Show Store Count Up as Companies Save Money
Many of the southeastern retailers who skipped OR Winter Market headed to Greenville, SC for the EORA/SWRA trade show this week. While most of these regional shows lack the big party atmosphere present in Salt Lake City, many vendors reported that more bu
