SGB Update Footwear
LaCrosse Subsidiary Receives Army Order for $6.7 Million
LaCrosse Footwear, Inc. reported that its Danner subsidiary received a $6.7 million delivery order from the U.S. Army for the Danner Combat Hiker boot…
LaCrosse Footwear Renews Credit Facility
LaCrosse Footwear, Inc. announced that Wells Fargo & Co. has extended LaCrosse's three-year Line of Credit Agreement, providing the same borrowing levels as the prior three-year agreement. The new Line of Credit Agreement is effective March 1, 2009 t
Adidas Group Continues to Struggle with Reebok Business
It was a bit of the same old tune for adidas Group as it ended another year with a continued sales growth at adidas and TaylorMade-adidas Golf while difficulties at Reebok left that business as a drag to the overall. However, overall group sales still gre
REI Postpones Opening of Arizona Store
REI plans to delay the opening of its store in Tuscon until late fall 2010. The store was scheduled to open this spring. REI spokesperson Bethany Nielson told the Arizona Daily Star that the delay was due to “developer delays.”
Sport Footwear Sees Dramatic Positive Turn in February
Retail sales of Sport Footwear bounced back in a big way to start the 2009 retail fiscal year after posting sluggish results in the 2008 fiscal fourth quarter ended January 31, 2009…
Jack Nicklaus Sportswear Adds to Sales Team
Jack Nicklaus Sportswear, the iconic golf lifestyle brand, named two new sales reps for the Carolinas region. John Kinney will cover the Eastern Carolinas. With a sales career in the golf industry spanning 22 years, Kinney has represented such brands as G
Genesco Inc. Sees ‘Choppy’ Foruth Quarter Give Way to February Strength
Genesco, Inc. described the fourth quarter as “choppy,” with the early part of the quarter described as “weak” until a few days before Christmas. Sales then reportedly accelerated through early January, then softened dramatically again. GCO ended the q
Yakima Names Hi Altitude as Rockies Rep
Yakima named Hi Altitude Sales and Consulting to represent the Yakima brand and product line in Colorado and New Mexico. The Hi Altitude sales team, with over 20 years of combined experience, specializes in fine tools, hardware and accessories for the cyc
Famous Footwear Sees Fourth Quarter Red on Heavy Markdowns
Famous Footwear logged a loss of $11.9 million in the fourth quarter as the family footwear chain ramped up promotions to retain market share and end the year with clean inventories. Sales dipped 0.5% to $312.3 million with comps sliding 3.6%…
Yakima Names Reps for Rockies
Yakima, the maker of vehicle racks for boats for bikes and sports gear, named Hi Altitude Sales and Consulting to represent the Yakima brand and product line in Colorado and New Mexico. The Hi Altitude sales team has over 20 years of combined experience,
Joe’s Sports and Outdoors Forced into Sale After Bankruptcy Filing
Joe's Sports, Outdoors & More, the Northwest retailer formerly known as G.I. Joe's, has filed for Chapter 11 bankruptcy protection. Initial reports indicated that the retailer, which filed under G.I. Joe’s Holding Corporation and G.I. Joe’s, Inc
Lafuma Groups Selects CenterStone B2B E-Commerce Solution for Five Brands
Lafuma Group USA has selected the CenterStone Technologies, Inc.'s iVendix cloud computing application for its Lafuma, Millet, Eider, Killy and Oxbow brands. When the iVendix B2B solution goes “live” later this spring, these brands will provide a bus
K-Swiss, Inc. Reports Fourth Quarter Loss, Suspends Dividend
K-Swiss, Inc. had another dismal quarter as both domestic and international sales declined in the double-digits and the only real bright spot was an 8% increase in the Performance business. Overall, the company recorded a net loss of $13.7 million, or 39
Sport Chalet Amends Credit Facility
Sport Chalet, Inc. has amended its credit facility with Bank of America. Under the terms of the amendment, Bank of America has waived the company's existing event of default and certain potential defaults and amended the borrowing base, certain finan
SGMA: Participation Steady; Sales Off
In 2008, Americans continued to participate in sports, fitness and outdoor activities at roughly the same rate as prior years, but manufacturers' shipments of sporting goods in the U.S. declined by almost 4% in wholesale dollar sales according to pre
