SGB Update Footwear

Sports Direct Ups Guidance as Sales Follow Plan…

Sports Direct International plc reported sales of £317m ($641.3mm) for the quarter ended January 27, with a profit of £142 million ($287.3mm). The company said that though business has remained in line with expectations since quarter-end, it raised its EB

Li Ning Sales Rise 36% on Branded Strength

Li Ning Group Limited, one of the leading sports brand enterprises in China, reported strong double-digit revenue and earnings growth for this fiscal year ended Dec. 31, 2007, led by sales of its eponymous brand…

Reebok Hit with Jewelry Penalty

Reebok International will pay a record $1 million civil penalty to settle allegations that it imported and distributed charm bracelets that contained toxic levels of lead, according to the U.S. Consumer Product Safety Commission…

Connecticut Retailer Blazing New Trail in New Haven

Connecticut retailer Trailblazer is living up to its name by splitting its 9,000-square-foot store in downtown New Haven into three smaller specialty shops that will focus on its two most popular categories, action sports and the traditional outdoor sport

As Exhibitors Expanded, Buyer Attendance Slipped at OR Winter Market

Buyer attendance dropped off 3.8%, or by 212, at the Outdoor Retailer Winter Market held January 23-26 in Salt Lake City, according to an independent audit recently released by Nielsen Sports Group, which produces the show. OR show director Kenji Haroutun

Helly Hansen Posts 179% Profit Growth

In the midst of major re-structuring, including new owners and changes in management, Norwegian-based Helly Hansen delivered a strong financial performance in fiscal 2007. The Helly Hansen group reported profits of NOK 120 million ($23 million), growing 1

NGF: January Rounds Played Slump 4.3%

The National Golf Foundation reports that rounds played for the month of January decreased 4.3% for th month, compared to the same period last year. The group noted that this downturn does not necessarily bode poorly for the year ahead as January typicall

Patagonia Tracks Social/Eco Impact

Patagonia has become the first major apparel manufacturer to track and expose the social and environmental impact of specific garments through The Footprint Chronicles, an interactive website that reveals to consumers the good and the bad involved in manu

New Balance Launches

New Balance debuts a new brand campaign on March 27 that highlights running as fundamental to all sport and spotlights the runner's complex love/hate relationship with running. The television campaign breaks nationally in the U.S. during the NCAA bas

Native Eyewear Sold to A.T. Cross

A.T. Cross Co. announced that it has closed an all cash transaction to purchase Native Eyewear, Inc., the maker of sport performance sunglasses and goggles. A. T. Cross purchased Native Eyewear for total consideration of $17.8 million in cash and the assu

Steven Madden CEO Resigns

Steven Madden Ltd.'s chairman and chief executive, Jamieson Karson, has resigned. The company said Edward Rosenfeld, executive vice president of strategic planning and finance, has been named interim chief executive…

ForeFront Names Director of National Accounts

ForeFront has appointed John Perez as director of national accounts. Perez joins ForeFront from TaylorMade adidas Golf in Carlsbad, Ca., where he spent seven years as an account executive and most recently as a strategic account manager…

Aldila Delays 10K Filing Until End of Month

Aldila, Inc. delayed the filing of its annual 10K report by as much as two weeks, citing accounting work it undertook to revise how it accounts for certain securities transactions that affect its balance sheet and cash flow statements. The maker of graphi

Reebok Pays $1MM Fine for Lead Jewelry

Reebok International will pay a record $1 million civil penalty to settle allegations that it imported and distributed charm bracelets that contained toxic levels of lead, the U.S. Consumer Product Safety Commission said. The agency said in March 2006, a

Therm-a-Rest Hires Associate Global Brand Manager

Therm-a-Rest said that Jenna Wellman has joined Cascade Designs, Inc. as associate global brand manager for Therm-a-Rest. Wellman will continue building on the brand’s position as a leader in outdoor sleeping comfort. Prior to joining Cascade Designs, Wel