SGB Update

Colorado Ski and Sports to Open in former Comp USA Store

Colorado Ski & Sports will open its newest Denver area shop Monday, Nov. 21 in a 28,000-square-foot space vacated by Comp USA nearly three years ago. The large format will allow the store to offer camping gear on top of its snow sports and golf offerings

Foot Locker’s Q3 Profits Jump 27 Percent on 7 Percent Comp Gain

Foot Locker Inc. reported earnings jumped 26.9 percent to $66 million, or 43 cents per share, compared with $52 million, or 33 cents, last year. Sales increased 8.9 percent, to $1.39 billion from $1.28 billion a year ago. Comparable-store sales increased

Vail Resorts Commences Exchange Offer

Vail Resorts, Inc. has commenced its offer to exchange up to $390.0 million principal amount of newly issued 6.50 percent senior subordinated notes due 2019, registered under the Securities Act of 1933, for a like principal amount of its outstanding, priv

Resort Seeks Congressional Bill to Authorize Wastach Gondola Project

Talisker Mountain Inc. launched its campaign to build an eight-passenger gondola capable of transporting 1,000 people per hour between the Wasatch Front and Wasatch Back mountains. SkiLink would transport skiers in just 11 minutes between the company&#039

Perry Ellis 3Q Profit Falls

Perry Ellis International reported third quarter revenue increased 23 percent, to $248.4 million from $201.3 million. Net income slid to $6.5 million, or 42 cents a share, down from $7.3 million, or 54 cents a share, a year ago…

Cybex Gets Reprieve on Nasdaq Stock Listing

Cybex International Inc., the fitness equipment provider, said that on Nov. 15 it received a letter from Nasdaq notifying the company that the Nasdaq Hearings Panel granted the company's request for continued listing on Nasdaq. The approval was subj

Dreams Inc.’s Q3 Sales Rise 23 Percent

Dreams, Inc., the parent of FansEdge, reported total revenues in the third quarter increased 23 percent to $24.4 million from $19.8 million in the third quarter of 2010. This was primarily attributable to a 39 percent increase in e-commerce revenues to $1

Remington Arms’ Parent’s Q3 Revenues Slide

Freedom Group, the parent of Remington Arms, Barnes Bullets and Mountain Khakis, earned $1.7 million in the third quarter ended Sept. 30, against a loss of $600,000 a year ago. Revenues were down 4.6 percent to $198.0 million from $207.6 million. Firearms

NBDA: Internet Sales Tax Should Not Exempt Small Businesses

The National Bike Dealers Association urged its members to lobby on behalf of federal Internet sales tax legislation, but diverged from other retail trade groups is saying such legislation should not exempt small businesses…

Brown Shoe Closing Distribution Center

Brown Shoe Company, Inc., the parent of Famous Footwear, plans to close its Sun Prairie, WI, distribution center in 2012. The closing of the facility will be a phased process, which is expected to begin in January and conclude in April. During this time,

BSN Sports Awards Victory Grant to Liberia YMCA

BSN Sports, formerly Sport Supply Group Inc., announced a Victory Grant award to the Liberia YMCA in West Africa. The BSN Sports Victory Grant Program is providing $1,000,000 of free equipment and uniforms to school athletic programs and recreation leagu

Puma Completes Environmental Profit and Loss Account

Puma estimated the cost of land use, air pollution and waste across its supply chain at €51 million, raising its first ever “environmental profit and loss statement,” or E P&L by €51 million ($68 mm) to €145 million ($196 mm). In May, Pu

2XU Attains Private Equity Backing

2XU, a performance apparel brand based in Melbourne, Australia, said Lazard Australia Corporate Opportunity Fund 2 (Fund 2) has acquired a significant minority interest in 2XU…