SGB Update Outdoor
Descente Offers New On-Line Fullfillment Service to Retailers
Talk to a specialty ski shop owner, and after weather and pro forms, their biggest concern is how they can compete with companies that sell online. The folks at Descente think they’ve got an answer to at least the third part of that equation. Beginning th
Sportsman’s Guide Raises Second Quarter Guidance
The Sportsman's Guide, Inc. raised sales and earnings per share guidance for the second quarter. Net sales for the quarter ended June 30, 2005 are now expected to be in range of $63 million to $64 million, compared with net sales of $39.6 million for
NRF: Electronics to Slow Back-to-School
The back-to-school season this year will be tempered by the electronics category according to the findings of a new NRF survey. The NRF 2005 Back-to-School Consumer Intentions and Actions Survey, conducted by BIGresearch, found that families with school-a
Oakley and Kaenon Settle Patent Infringement Suit
Oakley, Inc. and Kaenon, LLC have settled the patent infringement lawsuit filed by Oakley in the federal court in the Central District of California. By way of the lawsuit, Oakley claimed that five Kaenon models infringed three of Oakley's XYZ(r) opt
ShopKo Sells Off Colorado Stores to Liquidator
ShopKo Stores, Inc. has sold its three ShopKo stores located in Colorado (Ft. Collins, Longmont and Loveland) to Regency Realty Group, Inc. Merchandise in the stores will be liquidated and the stores closed in approximately 90 days…
Consolidation Picks Up in Bicycle Business; Hayes Acquires Sun Ringlé
After its own management buyout less than 30 days ago,
HB Performance Systems Inc., formerly Hayes Brake, has acquired Sun Metal Products Inc. of Warsaw, Ind., parent company of Sun Ringlé brand wheels, wheel sets, hubs and other bicycle and wheelchair co
AT Conservance Elects New Board
Fifteen men and women with an array of connections to the Appalachian Trail—including five of the 30 members of the old board of managers of the Appalachian Trail Conference—have been elected to serve as the first board of directors of the Appalachian Tra
Retailers and Vendors are Ready to Get Back to the Business of Hockey…
The National Hockey League and the National Hockey League Players' Association last week reached an agreement to settle the 300+ day lockout imposed by NHL owners nearly 10 months ago. The question on the mind of many in the sporting goods industry
Sport-Haley Looks for Clean SEC Slate…
Sport-Haley, Inc. is pursuing settlement of claims brought against it and its former controller, Steve Auger, by the U.S. Securities & Exchange Commission. The suit, filed by the SEC in 2003, alleges that Sport-Haley misrepresented inventories, period cos
Just Two Bikes Has Two New Owners…
Just Two Bikes in Hugo, Minn. was acquired by the company’s sales and marketing manager, Jim Dugelman, and Dale Hedstrand, president of Focal Point Financial Services. They have acquired the firm for an undisclosed sum from Jim Muellner, who founded JTB i
Gildan Raises Guidance on Higher ASP, Lower Costs…
Gildan Activewear raised third quarter and fiscal year earnings guidance and the company now expects diluted EPS for the third quarter to be at least 10% above its most recent guidance of approximately 50 cents per share. Gildan has already raised its gui
Rebel Sports Fiscal Year Comps Inch Up 0.8%…
Rebel Sport Limited, the largest sporting goods and outdoor equipment retailer in Australia, reported annual sales increased 3.8% to A$316.9 million ($238.9 mm). This increase came in spite of a missing week in fiscal calendar year 2005. Comparing year-on
The Stingray’s Waning, What’s Next for Schwinn?
Dorel Industries’ Home Furnishings and Recreational/ Leisure segments, the latter of which is made up entirely by Pacific Cycle, will negatively impact earnings in the second half of the year. The Canadian company’s second quarter results will be announce
Russell Corp. Warns on Q2 on Struggle with Operational Costs, Lower Sales…
Despite a sporting goods retail market and consumer base that is now widely accepting performance fabrics as a core item, or perhaps because of it, Russell Corp continues to struggle with the Sporting Goods business in the U.S. RML reported last week that
ORSM Will See Action in Backpacks Again…
The backpack market is receiving more attention from vendors, designers, and marketing teams this year than it has since the words “light and fast” were first uttered in the OR Show hall. With new product offerings coming from many, new technology coming