SGB Update Outdoor
Margins and Sales Decreases Leave True Temper in the Red…
True Temper Sports, Inc. posted net sales for the first quarter of $31.7 million down 1.2% from $32.1 million for the same quarter last year. Gross margin decreased 350 basis points to 36.6% of net sales from 40.1% of sales last year. SG&A expenses also d
Perry Ellis Inks Licensing Deal with JAG Swimwear
Perry Ellis International, Inc. has entered into a license agreement with JAG Licensing LLC to manufacture and distribute JAG men's and women's swimwear and cover-ups in the United States, Canada and Mexico. The agreement runs through June 2011.
Umbro Sees U.S. Sales Slow…
At the Umbro Annual General Meeting, Peter McGuigan, CEO, said that sales for the year are in line with expectations. International Wholesale Sales and Royalty Income are anticipated to continue to grow. Asia has delivered a “particularly pleasing perfo
Cybex Completes Secondary Offering
Cybex International, Inc. completed its public offering of 3.5 million shares of CYBEX common stock at $5.50 per share. Of the total shares sold, 1.75 million shares were issued by CYBEX and 1.75 million shares were sold by the selling stockholders, inclu
SIA Retail Audit Sees Strong Finish for Snow Sports Season…
The 2005-2006 SnowSports retail season was like many of the past few years, strong in certain parts of the country and difficult in others. However, at least this year every major ski area was able to open for business for most of the season, unlike last
Congress Passes Key Conservation Issues…
The U.S. Congress last week passed several key measures that promote conservation issues in the federal budget. The House approved amendments that will help keep wetlands and rivers clean, prevent logging in wild forests, and maintain a moratorium on offs
Cabela’s Finalizes Indiana Store Negotiations
Cabela's Incorporated has finalized negotiations with the State of Indiana's Economic Development Council (IEDC) to bring a Cabela's retail superstore to its long-anticipated Hammond, Ind., location. The approximately 185,000 square-foot re
SGMA Launches Spring Market; SportsOneSource Hosts Running Conference
New Balance Athletic Shoe, K2, ASICS, Under Armour, and Horizon Fitness lead the list of committed exhibitors for next year’s SGMA Spring Market scheduled for June 11-13, 2007 at the Sands Expo & Convention Center in Las Vegas, Nev. SGMA has partnered wi
WSA Appoints Boehm as Director of Retail Relations
WSA appointed Celeste Boehm as director of retail relations who will head the Retail Relations Team responsible for developing new programs to solidify existing relationships between retailers and manufacturers and create expanded opportunities for forgin
Body Solid Hires Carey Kerns Public Relations
Body-Solid, Inc. has selected Carey Kerns Public Relations to assist in a new brand-building initiative. Adding a public relations component is one element in the company’s marketing communications program aimed at enhancing sales growth of its fitness pr
Access Fund and Urban Climber Ink Partnership
The Access Fund will partner with Urban Climber Magazine on a number of initiatives. Based in Boulder, CO., the Access Fund supports and represents over 1.6 million climbers nationwide in all forms of climbing. The Access Funds membership roster features
Access Fund and Urban Climber Ink Partnership
The Access Fund will partner with Urban Climber Magazine on a number of initiatives. Based in Boulder, CO., the Access Fund supports and represents over 1.6 million climbers nationwide in all forms of climbing. The Access Funds membership roster features
Hibbett Q1 Sales Jump 10.5% on New Store Strength
Hibbett Sporting Goods, Inc. posted a 10.5% increase in first quarter net sales to $126.9 million compared with $114.8 million. Comparable store sales decreased 0.07% in the first quarter after an increase of 8.2% last year. Net income for the first fisc
Quiksilver Extends Eddie Aikau Tournament
Quiksilver and the Aikau Family announced a 10-year joint commitment to continue The Quiksilver Big Wave Invitational, in Memory of Eddie Aikau at Waimea Bay, Hawaii, through the winter season of 2015/2016. The Quiksilver Big Wave Invitational is held eac
House Pases Act to Protect Recreational Fishing
The House Resources Committee passed the American Fisheries Management and Marine Life Enhancement Act. This legislation will protect anglers and the jobs that depend on them. The House of Representatives will consider voting on this bill over the summer.