SGB Update Footwear
TAPS Board Halts Merger with PIA
The board of directors for the Trade Association of Paddlesports (TAPS) has voted not to forward a proposed merger with the Paddlesports Industry Association (PIA) to its members for their vote. The decision to halt unification comes after an audit reveal
Coleman Puts Product Management and Marketing Under New Exec
The Coleman Company Inc. has realigned its product management and marketing under a consumer marketing executive from outside the outdoor industry. The company said it hired Jeff Willard, formerly of Lexmark and Helen of Troy, to the newly created positio
SGMA: Treadmills Remain #1 Fitness Machine
In 2007, 50.1 million Americans used a treadmill, enough to retain the top spot among fitness machines, according to SGMA's new fitness study, Tracking the Fitness Movement. That marked a slight decline from the 52.2 million treadmill participants
Skechers USA Lowers Q4 Guidance on Weakening US Sales
Although international remains a strong spot for Skechers USA, weakening sales in the U.S. prompted the company to lower its fourth quarter guidance. SKX now expects fourth quarter sales in the range of $305 million to $320 million, and EPS in a range of
GSI Sells More, but Doubles Loss
Despite anemic September sales and the bankruptcy of a top 10 client, GSI Commerce, Inc. reported that net revenues increased 36.1% to $186.8 million for third quarter from $137.3 million in Q3 last year. Much of the revenue gain came from an 84% increase
Acushnet Sees Third Quarter Hampered by Softening U.S. Sales
Despite promising returns from growing international markets, Fortune Brands’ Acushnet Golf continued to see sales slide for the third fiscal quarter ended Sept 30. Net sales fell 3.4% to $307.9 million from $318.6 million in the year ago period…
Columbia Pushing Ahead with Owned-Retail Openings as Retailers Cut Back Orders
Columbia Sportswear Company said net sales declined 4% in the third quarter as retailers cut their orders for the holiday season. The company said wholesale sales declined in the high-single-digits but were partially offset by a doubling of retail sales t
Paddlesports Groups Get Closer to Merger
The board for the Trade Association of Paddlesports is set to meet early this week to review how a merger with the Paddlesports Industry Association would affect the surviving organization’s finances. If the TAPS board decides to move ahead with the merge
Reorganized Nau, Inc. Re-Launches Online
Nau, Inc., acquired by Horny Toad in October, reopened for business with the launch of a completely redesigned e-commerce website featuring its Fall '08 apparel line. It also affirmed its commitment to a new version of its Partners for Change giving
Boot Barn Acquires 22 Stores
Boot Barn Holding Corp., the western footwear and apparel retailer, has completed the purchase of twenty-two retail stores in Arizona (12), New Mexico (9) and Nevada (1) from BTWW Retail, L.P. (BTWW). The 22 store acquisition boosts Boot Barn's posi
Value City Files for Chapter 11 Bankruptcy Protection
Value City Department Stores filed for Chapter 11 bankruptcy protection and plans to close its remaining 66 stores as it faces declining sales and an “increasingly competitive” environment for discount retailing. DSW Inc. is the largest unsecured creditor
Acushnet Reports Diminishing Sales for Q3
Fortune Brands, Inc., parent company of Acushnet Company, reported company-wide net sales for the third quarter ended Sept. 30 were $1.92 million, down 10.4% from $2.15 million reported for the same period a year ago…
Brunswick Names New VP of Corporate and Investor Relations
Brunswick Corporation has named Bruce J. Byots as vice president of corporate and investor relations. Byots will report to Peter B. Hamilton, SVP and CFO…
Brunswick Names New VP of Corporate and Investor Relations
Brunswick Corporation has named Bruce J. Byots as vice president of corporate and investor relations. Byots will report to Peter B. Hamilton, SVP and CFO…
Pacific Sunwear Rejects Adrenalina’s Bid
Pacific Sunwear of California, Inc.'s board of directors has determined that the unsolicited proposal received from Adrenalina to purchase all of the issued and outstanding shares of common stock of Pacific Sunwear is not in the best interests of the
