SGB Update Outdoor

Equipment Innovation Turns Heads at OR…

While business is the excuse we use to travel to Salt Lake City twice a year, the highlight of the show season is always the chance to check out the greatest new gear. There certainly was an abundance of eye-opening innovation at this year’s summer market

prAna Brings Wind Power to Retailers…

PrAna is making strides toward working against climate change by making a 3,000,000 KW Hours commitment to renewable energy in the form of wind power. PrAna will launch its initiative this fall starting with 100 of its retailers, with the intention of bri

Big 5 Taps Finance Veteran for CFO Post

Big 5 Sporting Goods Corporation has announced the hiring of Barry D. Emerson to be the company's new Senior Vice President, Chief Financial Officer and Treasurer. He is expected to begin employment with Big 5 during early September…

Pacific Brands Sees Outerwear Stumble, But Footwear Step Up

Pacific Brands Limited announced a full year EBITA result of $176.1 million (US$132.7 million) which represents a 13.5% increase over the previous year and is consistent with guidance provided at the half year results announcement in February 2005.
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Huffy’s Bankruptcy Reorganization Plan Approved

The U.S. Bankruptcy Court for the Southern District of Ohio has approved the Disclosure Statement for Huffy 's Joint Plan of Reorganization. The Bankruptcy Court also authorized the Company to begin soliciting approval from its creditors for its Plan

Torelli ‘Verona’ and ‘Lugano’ Tires Recalled

The U.S. Consumer Product Safety Commission and Torelli Imports have recalled about 1,100 Torelli Verona and Lugano Open Tubular bicycle tires with folding Kevlar beads. The tire can separate from the wheel, resulting in a flat tire. This can cause the ri

Hibbett Posts Another Strong Quarter; Sales Up 15%

Hibbett Sporting Goods, Inc. announced net sales for the fiscal second quarter ended July 30, 2005, increased 15.0% to $94.0 million compared with $81.8 million for the year-ago quarter. Comparable store sales increased 3.1% in the quarter. Net income for

Foot Locker Q2 Earnings Nearly Halved on 2% Sales Gain

Foot Locker second quarter net income decreased to 28 cents per share, or $44 million, from 53 cents per share, or $82 million last year. Second quarter results in 2004 included an income tax benefit of $37 million, or 24 cents per share, related to disco

Billabong Posts Strong Yearly Results on 44.1% Income Jump

Billabong International Limited reported a 44.1% rise in net profit after tax to $125.4 million (US$94.5 million) for the fiscal year ended June 30, 2005. Sales revenue as reported in Australian dollars lifted 25.0% on the prior year to $843.6 million. Ea

Cloudveil Goes Fly Fishing

Cloudveil launched an entirely new line of angling products, set for debut at the Fly Fishing Retailer Show in Denver. Originally code-named Project 8x, Cloudveil's new angling program has been more than two years in the making and is being led inter

NSGA: Women Are Influential Equipment and Footwear Customers

NSGA’s recent study, “The Sporting Goods Market in 2005,” found that females are significant purchasers in many important footwear and equipment categories. In 2004, females purchased 54% of the $14.8 billion of athletic footwear sold at retail. Specifica

Gander Taps Home Depot Veteran for Merchandising EVP

Richard Vazquez is joining Gander Mountain as executive vice president of merchandising. Vazquez has served in various positions at Home Depot since 1994, most recently as vice president, merchandising and marketing, Mexico Division, where he oversaw all

American Hiking Society National Trails Fund Applications Under Way

American Hiking Society is currently accepting applications for the 2006 National Trails Fund. The National Trails Fund is the country's only privately funded grants program providing financial assistance to grassroots organizations working toward es

Pacific Sunwear Names Weiss to Board

Pacific Sunwear of California, Inc. announced the appointment of Michael Weiss to the company's Board of Directors. Mr. Weiss spent 23 years at Limited Brands where he was most recently CEO of Express, a 1,000-store division of Limited Brands. Mr. We