SGB Update Outdoor
WSA Sells-Out of Athletic and Outdoor Space
The WSA Show has sold out all 225,000 square feet of available space in the athletic and outdoor categories, representing a 10% increase in square footage over the February 2006 show.
Play-It-Again Parent Posts Improved Q2 Bottom Line, Merch Sales Down
Winmark Corporation posted net income for the second quarter of $650,400, or 11 cents per share diluted, compared to net income of $542,600, or 8 cents per share diluted, in 2005. Net revenues from merchandise sales were down 53.9% to $790,000 from $1.7 m
Sportsman’s Guide Expects Q2 Sales in $69 to $70 million Range
The Sportsman's Guide, Inc. reported net sales for the second quarter are expected to be in range of $69 million to $70 million, compared with net sales of $63.8 million for the same period one year ago. Fully diluted earnings per share, before adjus
Sara Lee Corp. Plans Funding for Apparel Spin-Off
To finance the spin-off of its apparel business, Sara Lee Corporation approved a capital structure that will see Hanesbrands borrow $2.6 million help to establish the enterprise as a stand-alone, independent company. In connection with the spin-off, Sara
Blacks Leisure Comps Fell 1.0% Year-To-Date
At its Annual General Meeting, Blacks Leisure provided an update on its performance over the first 20 weeks of the current financial year. Total Group sales increased by 2.6%. Comp sales fell by 1.0% in the same period, (2005: -2.0%). The company stated t
FESI Takes Action on Anti-Dumping Issue
The Federation of the European Sporting Goods Industries (FESI) issued a statement urging EU member states to agree on a solution for antidumping measures on footwear during the meeting of the Antidumping Committee in Brussels this week to re-establish ce
InSport Restructures After Vital Apparel Acquisition
Local papers are reporting that InSport International plans to lay off 12 people. The layoffs come after the company was acquired by Vital Apparel last November and accounts for most of InSport's staff. Vital will shift distribution and several other
Gramicci Hires Several New Faces
Gramicci hired several outdoor and apparel industry veterans in sales and customer service. Michael Donovan is the new western regional sales director. Treeline Sales will cover the western sales region. Rob Brown was hired to represent Gramicci's mo
RECALL: Lotus Designs Mildwater PFD
Lotus Designs, Inc., the paddling apparel manufacturer and an affiliate of Patagonia, Inc., is voluntarily recalling its Mildwater PFD. This style is also sold as the Fishing PFD and Patagonia Fishing Vest. The recall is issued due to the possibility that
Mizuno Signs Donald to Contract Extension
Luke Donald has signed a multi-year contract extension with the Mizuno Corporation to continue serving as a Mizuno Brand Ambassador around the world…
Collegiate Pacific Claims Lawsuit Lacks Merit
Collegiate Pacific believes that the claims made against it in a lawsuit recently filed by Costa Brava Partners and two other related shareholders are entirely without merit. The only claim made against Collegiate Pacific is for “aiding and abetting” alle
NRF: Back To School Spending Expected to Surpass Last Year
According to the National Retail Federation’s (NRF) 2006 Back-to-School Consumer Intentions and Actions Survey, conducted by BIGresearch, families with school-aged children will be spending more on back-to-school shopping this year than last, with the ave
Hot Chillys Signs On With Centerstone Technologies
Hot Chillys will begin using CenterStone Technologies, Inc. on-line business-to-business (B2B) sales order management software application in an agreement signed today. Hot Chillys will use CenterStone's iVendix on-line ordering tool for retail deale
Sole Tech Unveils Altamont Apparel
Sole Technology launched Altamont Apparel Ltd. set to hit select stores globally in October 2006, with Andrew Reynolds on board as design director. In addition to his role with Altamont Apparel, Reynolds is also the owner of Baker Skateboards…
Global Surf Industries Partners with Stoked Mentoring
Global Surf Industries (GSI) has announced a partnership with Stoked Mentoring, an action sports organization whose mission is to bring together “at-risk” youth with professional adults to learn a new, non traditional sport. Stoked Mentoring is a unique
