SGB Update Footwear

Cabela’s to Open 2nd Idaho Store on November 9

Cabela's will open its newest destination retail store in Post Falls, Idaho, on Friday, November 9. The store, Cabela's second in Idaho, is the company's 24th retail location in the country. Cabela's last year opened a store in Boise,

G-III Beats Sales and Earnings Guidance in Q2

G-III Apparel Group net sales increased 21% to $83.9 million from $69.1 million last year. The company's prior guidance called for $75 million in sales for Q2. The Company reported a net loss of $884,000, or five cents per share compared to a net los

Ashworth Posts Q3 Loss; Revs Drop 6.3%

Ashworth, Inc. reported revenues for the third quarter ended July 31, decreased 6.4% to $49.5 million from $52.8 million. The company reported a loss of $5.7 million, or 39 cents a share, compared to net income of $0.7 million, or 5 cents per share, a yea

Lululemon Q2 Profits Soar 168%

Lululemon athletica inc., in its first report since going public, reported Q2 net income more than doubled to $5.1 million, or 7 cents a share, from $1.9 million, or 3 cents, a year ago. Revenues in the period ended July 31 jumped 80% to $58.7 million fr

Mad Dogg Athletics Wins Trademark Lawsuit

Mad Dogg Athletics, Inc., the provider of instructor education and products for indoor cycling, announced a victory in its lawsuit against NYC Holding for cyberpiracy and infringement of its world-famous Spin® and Spinning® trademarks…

Under Armour Signs Ray Lewis as Endorser

Under Armour has signed Baltimore Ravens All-Pro middle linebacker Ray Lewis to a multiyear endorsement contract, according to the Baltimore Business Journal. Terms were not disclosed…

New Sport Supply Group Looks Ahead after Year of Integration…

Sport Supply Group, the entity formed after Collegiate Pacific, Inc. acquired the former Sport Supply Group in November 2006, ended its first fiscal year as a combined business with bottom line gains that more than doubled compared to the previous fiscal

Cabela’s Lands Spot on SandP SmallCap 600

Cabela's Inc. will replace eFunds Corp. in the S&P SmallCap 600 after the close of trading on a date to be announced. eFunds is being acquired by S&P 500 constituent Fidelity National Information Services Inc. in a deal that is still pending final ap

Billabong To Acquire Xcel Hawaii

Billabong has acquired Xcel Hawaii Inc., maker of wetsuits and other apparel and accessories, for an undisclosed price. Xcel Hawaii was established in 1982 by Edmont D’Ascoli, who eventually moved to Hawaii. D’Ascoli will remain with the business and cont

The Finish Line Q2 Comps Decline 4.7%; Expects Loss

The Finish Line, Inc. recorded net sales of $343.0 million second quarter, increasing 1.3% versus consolidated net sales of $338.6 million for the same period last year. Total company comparable store net sales for Q2 decreased 4.7%. By concept, Finish Li

L.L.Bean’s First New York Store to Open on September 14

L.L.Bean will celebrate the the grand opening of its newest green store at the Colonie Center, Albany, New York, on Friday, September 14. The Albany store is the eighth store outside of Maine the company has opened as part of an initiative to expand its b

Joe’s Opens New Store in Spokane Valley

Joe’s Sports & Outdoor will host a grand opening ceremony at its newest store in Spokane Valley, Washington on Thursday, September 6, 2007. The store is located at 13902 E. Indiana Ave., near the intersection of Indiana & Evergreen…

Hilco Renames TAG Golf to Pure Play Licensing

Sources at Hilco Consumer Capital informed SGB UPDATE that “The TAG Golf name was retired 15 minutes ago. The platform company will be called: Pure Play Licensing…”

Interbike’s OutDoor Demo Lands Improved Location…

Thanks to Boulder City's Parks and Recreation department, Boulder Canyon, the site for Interbike’s annual OutDoor Demo trade show, has been vastly improved. The new exhibition booth area has been relocated approximately 350 yards to the west and now

Obituary: Former NSGA Chairman, Jack Schlicht

National Sporting Goods Association president & CEO James L. Faltinek announced that former Association Chairman Jack Schlicht, retired owner of Milwaukee Sporting Goods, Milwaukee, Wis., died Thursday, August 30. Schlicht served on the NSGA Board of Dire