SGB Update Footwear
Converse Makes Exclusive Line for JC Penney
Converse has agreed to create a signature performance basketball footwear line available exclusively at JCPenney featuring professional basketball star Elton Brand. The EB1 retails for $65 and began reaching stores on Nov. 1. The shoe will roll out in add
Sugoi Hires Mountain Hardwear Exec as COO
SUGOI Performance Apparel, a division of Dorel Industries, hired B. James Bottoms as its COO. Bottoms arrives at SUGOI from Mountain Hardwear, Inc., where as director of operations he served on the five-person executive team overseeing all aspects of the
Fair Traders Pick Up 31 Seats in Congress
So-called “Fair Traders” have picked up a net increase of 31 seats in Congress, according to a report by Public Citizen's Global Trade. The report finds that Republicans have increasingly adopted fair trade platforms to fend off Democratic contenders
Aldila Q3 Sales Drop 11%
Aldila, Inc. reported net sales of $11.8 million, down 10.8% from net sales for the year ago period. The golf company incurred a net loss of $1.1 million, or 21 cents a share, in the period. In the comparable 2007 third quarter, the company had net sales
Christy Sports Celebrates 50 Years of Business
Christy Sports said it's celebrating its 50th year of operation with special discounts, giveaways and an end-of-season anniversary ski party. Said Keith Liefer, COO of Christy Sports, “It's our birthday and we want to make sure that our custome
Fire that Destroyed Indiana Store Ruled Accidental
A Nov. 3 fire that caused more than $1 million in damage to a sporting goods store in Indiana has been ruled accidental by state police fire marshal Tim Frew. The fire destroyed Bowman's Sporting Goods on McGee Avenue in Patton, IN…
Confluence Parent Cuts Dividend To Preserve Cash
The publically traded private equity fund that owns Confluence Watersports has cut its dividend, eliminated its stock buy-back program and will implement further costs cutting in a move to preserve cash.American Capital, Ltd. said it is taking the moves b
Confluence Parent Cuts Dividend To Preserve Cash
The majority owner of Confluence Watersports has cut its dividend, will retain 2008 and future long-term capital gains, eliminate its stock buy-back program and implement further cost cutting in a bid to preserve cash. American Capital, Ltd. said it is ta
Sport Supply Group Reports Record Fiscal First Quarter Sales
Sport Supply Group, Inc. reported record sales of $73.6 million and diluted EPS of 35 cents for its first quarter ended Sept. 30 despite an increasingly troubled economy. Net sales grew 4.6% from $70.4 million to $73.6 million, while net income grew 23.6
With Demand Dropping off Steeply, K-Swiss Warns of Fourth Quarter Loss…
With weakening backlogs and at-once orders, K-Swiss Inc. warned that fourth quarter results would show a loss ranging from 10 cents to 35 cents a share. Revenues are expected to range from $45 million to $60 million. That estimate compares with Q4 2007 ea
Columbia Sportswear to Cut U.S. Staff by 4%
Columbia Sportswear Company announced a reduction in force that will affect approximately 75, or 4%, of its 1,800 U.S. employees…
Sport Supply Group Reports Record Q1
Sport Supply Group, Inc. reported record sales of $73.6 million and a diluted EPS of 35 cents for its first quarter ended Sept. 30, 2008, despite an increasingly troubled economy. Net sales grew 4.6% from $70.4 million to $73.6 million while net income gr
Zumiez October Comps Drop 13.1%, Net Sales Rise 1.2%
Zumiez Inc. had comparable store sales decrease 13.1% for the four-week period ended Nov. 1, 2008 and total net sales increase 1.2% to $25.0 million. The significant drop in comps caused the company to re-think its fourth quarter expectations…
Broder Bros. Shrinks Q3 Loss
Broder Bros., Co. reported third quarter 2008 net sales inched up 2.4% to $252.3 million from $246.4 million a year ago. Income from operations was $7.8 million compared to a loss from operations of $3.1 million for the third quarter 2007. The Q308 net lo
Easton-Bell Sports Sees 7.8% Q3 Sales Gain
Easton-Bell Sports, Inc. reported net sales increased 7.8% for the third quarter, to $203.4 million from $188.6 million a year ago. Team Sports sales increased $6.7 million, or 6.3%, due to strong growth in ice hockey equipment and modest growth in footba
