SGB Update Footwear
NSGA: Athletic FootwearTallies $17.4 Billion in 2007
Retail sales of athletic footwear have surpassed the $17 billion mark for the first time, reaching $17.4 billion, an increase of 2.7% versus 2006, when sales were $16.9 billion, according to the National Sporting Goods Association’s just-released “Sportin
SGMA: Sporting Goods Sales in Canada Grow to $7.5 bn in 2007
According to the Canadian Sporting Goods Market Report, distributed by SGMA, sales continue to increase for our neighbor to the north. Sales last year rose to $7.5 billion, up from $7.4 billion in 2006. The estimate includes sales of sporting goods equipm
Sport Chalet Partners with California Dive Shop
Sport Chalet, Inc. has entered into a joint training and operations agreement with Ocean Enterprises, a specialty dive center headquartered in San Diego, CA. Under the partnership, Sport Chalet and Ocean Enterprises will work together on employee and dive
Coleman Donates 1,000 Tents to Chinese Quake Victims
The Coleman Company, Inc., a unit of Jarden Outdoor Solutions, recently donated 1,000 Coleman tents for aid to people displaced by the massive May 12 earthquake in Sichuan Province, China…
Greg Norman Chief Takes Over La Perla
Suzy Biszantz, president and CEO of Greg Norman Collection, formerly owned by Reebok, for seven years, was appointed CEO of La Perla, North America, the Italian-based designer and multi-channel global marketer of luxury intimate apparel and beachwear…
ForeFront Implements Reverse Stock Split
ForeFront Holdings, Inc., the golf accessories firm, has implemented a one-for-five reverse stock split of its common stock. As a result of the reverse stock split, as of the opening of business on May 28, the trading symbol for the company's shares
American Apparel’s CFO Steps Down
American Apparel, Inc. said Ken Cieply, the company’s CFO, has stepped down to pursue other opportunities. Effective immediately, William T. Gochnauer has joined the company as interim CFO…
Under Armour Title Sponsors HS Baseball Classic
Under Armour agreed to title sponsor the 2008 Under Armour All-America Baseball game, formerly called the Cape Cod High School Baseball Classic presented by Under Armour. The game will be played at Wrigley Field on Sunday, August 17…
Foot Locker’s Q1 Comps Fall 2.9%
Foot Locker Inc. said first quarter sales decreased 0.5% to $1.31 billion from $1.32 billion. Excluding the effect of foreign currency fluctuations, total sales for the first quarter decreased 3.7%. First quarter comparable-store sales decreased 2.9%. Exc
West Marine Plans Franchises in Turkey
West Marine, Inc. has partnered with East Marine Denizcilik & Turizm A.S. to open its first franchise store in Istanbul, Turkey. An ardent sailor and industrialist, Mr. Rahmi M. Koç is the Chairman and controlling shareholder of East Marine. The opening p
Famous Footwear Q1 Earnings Drop on 7.3% Comps Slide
Brown Shoe Company, Inc. saw first quarter net sales decrease 2.1% to $554.5 million from $566.3 million last year. Net earnings in the quarter dropped 25.3% to $7.2 million. Net sales at Famous Footwear decreased 2.0% to $318.8 million, compared to $325.
Merchants Must Omit Expiration Dates from Receipts
The Senate passed legislation to protect retailers from being sued for printing credit card expiration dates on customers’ receipts. The legislation would protect merchants from lawsuits filed since December 2006, but requires them to truncate credit card
Gander Opens Stores in Minnesota and Florida
Gander Mountain opened its newest stores in Eau Claire, Minn. and Ocala, FL. Tuesday and will celebrate grand openings for both large format stores May 30…
Kalis Joins Innovative Designs Consultant Staff
Innovative Designs, Inc. has added Todd Kalis, an eight-year veteran of the National Football League, to its list of consultants. Innovative Designs manufactures the hunting apparel, swimwear, wind shirts, jackets, sleeping bags under the Arctic Armor and
FansEdge Opens First Store
FansEdge opened its first store at the Fox Valley Mall in Aurora, Illinois, on Wednesday, May 21, 2008. The 2,500 square foot store launch marks the expansion of the brand and its products into multiple marketing channels, combining the Internet with bric
