SGB Update Outdoor
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…
Elmes Tapped by Vicious Cycles for Branding and Marketing
Steven Elmes, founder of SJE Productions and former front man for Independent Fabrication, has been retained to oversee the branding and marketing of Vicious Cycles…
Chico’s Takes lucy Board Seat After Investment
lucy activewear, inc. has closed a $20.3 million round of financing, with retailer Chico's FAS, Inc. joining existing investors Lone Pine Capital, Maveron LLC, Oak Investment Partners and Sutter Hill Ventures in the series G financing. Chico's p
Deep Distribution Parts With WESC
Deep Distribution no longer represents Swedish clothing brand, WESC in the United States. Deep Distribution will shift its energy and focus to its core business of growing Nikita Clothing in the US market. WESC will open a New York retail location and han
Payless Completes Senior Management Changes; Rubel Takes Reins
Payless ShoeSource, Inc. has completed its previously announced senior management succession. Matthew E. Rubel has been elected Chief Executive Officer and President of the company, effective immediately. Mr. Rubel was also elected to the company's B
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
