SGB Update Outdoor

TPS Hockey Moves North of the Border…

TPS Hockey and its parent company, Hillerich & Bradsby Co., owner of the Louisville Slugger brand, have signed a Letter of Intent to sell majority interest in their global hockey operation to TPS Sports Group Inc., a Canadian company lead by industry vete

Bob’s Stores Q2 Loss Expands; TJX Sees Full Year Improvement…

Bob's Stores, the Connecticut-based chain of retail stores that is now part of the TJX Companies portfolio, saw sales decline 6.2% in the second quarter to $59.8 million from $63.8 million in the year-ago period. The Q2 operating loss for the 34-sto

NSGA Study Reveals Female Spending Trends…

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. However,

Huffy Reorganization Plan Approved…

The U.S. Bankruptcy Court for the Southern District of Ohio approved Huffy Corporation’s Disclosure Statement for this Joint Plan of Reorganization and authorized Huffy to begin soliciting approval from its creditors. The company expects to emerge from Ch

Golf Town revenues rise 25%; EBITDA up 39% in the second quarter…

While the golf market in general seems to be barely a step above struggling, Canadian golf specialty retailer, Golf Town, reported double-digit revenue and EBITDA increases for the second quarter. EBITDA increased 39% to $12.1 million (US$9.7 million) ove

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.
Net pr

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