Public and Private Golf Rounds Slide in May
According to Golf Datatech, golf rounds played in the U.S. were down 7.0 percent in May 2011 compared to May 2010. Public access play was down 6.5 percent for the month and private course activity was down 9.0 percent…
Tilly’s the Latest to Test the Public Markets
In a year that has seen a number of public companies in the sporting goods industry exit stage left as the mergers & acquisitions pace heats up, another company entered the fray on Friday as Tilly’s Inc. filed papers with the SEC for an initial publ
Nike, Inc. Provides Shock Therapy to Erratic Market
Following a fiscal fourth quarter and year-end report last Monday that had Wall Street analysts playing catch up overnight and Tuesday morning, Nike, Inc. shocked the Street once again and sent NKE shares skyrocketing even higher midday Tuesday after the
Consumer Confidence Index Weakens in June
Consumer confidence plunged in June to a seven-month low on continuing worries over high unemployment and stagnating wages, according to a report released Tuesday by the Conference Board, a private research group. Its Consumer Confidence Index slipped to
SGMA Sees PEP Funding in Jeopardy for 2012
SGMA said that currently, many members of Congress want to cut PEP (the Carol M. White Physical Education Program) from the Fiscal Year 2012 budget. As such, officials said that the future of PEP “has never been in greater jeopardy, yet there has never be
Smith and Wesson Q4 Firearms Sales Up Double-Digits; Profit Dips on Charges
Smith & Wesson Holding Corp. posted solid sales growth for the fourth quarter ended April 30, although numerous one-time charges held the gun-maker’s profit down…
Fila Korea Inks Licensing Pacts Across EMEA
Fila Korea Ltd. signed a number of licensing partnership deals with companies in Europe, the Middle East and Africa to expand its overseas sales. The partnership deals come after Fila Korea in February 2011 acquired Integrix Sports Group Ltd., which held
SRAM Buys Out PE Firm on Way to IPO; First Quarter Net Income Jumps
SRAM, LLC has bought out the private equity firm that invested in the company in 2009, a move that is widely expected to be one of the final steps before SRAM goes public…
Callaway CEO Resigns; Company Announces Layoffs Amidst Weak Q2 Forecast
Callaway Golf Company management expressed optimism even as the company announced the resignation of its CEO and impending job cuts amidst a weak Q2 forecast…
Collective Brands Sheds Light on Payless Struggles
In its first investor conference since its CEO Michael Rubel abruptly resigned on June 15, Collective Brands Inc.'s officials spent considerable time exploring the ongoing challenges turning around its albatross: the Payless domestic business…
Nebraska Book Co. Files for Bankruptcy Protection
Nebraska Book Co., one of the largest college bookstore operators, has filed for bankruptcy protection in Delaware to restructure its debt. The Lincoln, NE-based company operates about 280 bookstores on or near college campuses and is a large wholesaler o
Interim CEO Sees Messaging Disconnect with Most Price-Sensitive Consumer
In its first investor conference since its CEO Michael Rubel abruptly resigned on June 15, Collective Brands Inc.'s officials spent considerable time exploring the ongoing challenges turning around its albatross: the Payless domestic business…
BDE Urged by Retailers to Add Apparel Business
Black Diamond Equipment CEO Peter Metcalf said REI, EMS and MEC have been asking BDE to enter the apparel business in recent years because many of the original specialty outdoor brands have widened their distribution to department stores, full line sporti
Ashe Confirmed as Director of FWS
Secretary of the Interior Ken Salazar praised the U.S. Senate’s confirmation of Daniel M. Ashe as the 16th Director of the U.S. Fish and Wildlife Service. Ashe, a career employee of the agency, will assume his duties immediately…
Dead Down Wind Adds Keller to Marketing Team
Dead Down Wind (DDW) and D2W guide gear have tapped Trent Keller to their marketing team. In his new role, Keller will serve as the marketing manager for Dead Down Wind, managing all media, advertising, product management and social media initiatives…
