SGB Update Footwear
Pacific Sunwear Exits demo Business; Cuts Guidance
Pacific Sunwear had the closure of its demo and One Thousand Steps stores eat into the bottom line, as closure expenses accounted for more than $25 million of the reported loss for the period. For continuing operations, PSUN saw a loss of $12.0 million,
The Long, Cold Winter Boosts Q1, but Now Hurts Spring Apparel Sales
Many specialty outdoor retailers had a much more profitable first quarter this year as a record snow pack and cold weather helped them clear winter merchandise, often at much higher margins. But the long, snowy and cold winter has also stunted planned spr
Columbia Trims HQ Staff
The Oregonian reported that Columbia Sportswear trimmed headcount at its headquarters near Beaverton through layoffs and voluntary buyouts. The newspaper said company spokesman John Fread would not say how many workers took the buyout offer or were cut i
Patagonia Exits Paddlesports
Patagonia told retailers last week that it was exiting the paddlesports business and put all its 2008 product on close-out….
Axis Outdoors Closing Doors
Axis Outdoor, which has distributed Granger’s Waterproofing and Bluedesert hydration systems in the United States, is closing its doors…
NSGA: Athletic Footwear Tallies $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
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
