SGB Update

NSSF Addresses Potential EPA Ban on Lead Ammo, Tackle

Much to the chagrin of the hunting, fishing and firearms communities, the Environmental Protection Agency is now considering a petition to ban all traditional firearms ammunition along with lead fishing sinkers on the grounds that the use of lead violates

PacSun Q2 Losses Widen on Weak Comps, Struggling Juniors Business

A rebounding young men’s business and scaled-down discounting helped slow the bleeding for Pacific Sunwear in the second quarter ended July 31, but a difficult buying environment and a struggling juniors business caused the retailer to partly miss c

Latest Census Estimates Sees YTD Sporting Goods Sales Lagging

Sales by sporting goods, hobby, book and music stores kept pace with overall retail sales in July, which is to say they stalled at about 5% above their level of a year ago, according to advance estimates released by the U.S. Census Bureau. However, on a

Shoe Carnival Sees Second Quarter Profits Soar

Shoe Carnival, Inc. reported a more than four-fold increase in its second quarter profit as comps climbed 8.3% for the period. The shoe store chain also outlined third quarter profit and sales forecasts that would meet or exceed analysts' expectation

Steve Madden Acquires 20% of Bakers Footwear

Bakers Footwear Group, Inc. has announced that effective Aug. 26, 2010, it obtained a $5 million debt and equity investment from its vendor Steven Madden, Ltd…

Athleta Helps Drive Online Growth For Gap Inc.

Gap Inc.'s online business was up 15% in the second quarter, helped by gains at both Piperlime and Athleta. In the Q&A session of Gap's second-quarter conference call, Glenn Murphy, Gap's chairman and CEO, said Athleta saw a “very strong re

Finish Line Launches YouTube Business Ideas Competition

For the second consecutive year, Finish Line is teaming with DECA, an organization that prepares young entrepreneurs in marketing, finance, hospitality and management, to sponsor a competition among high school students from all over the nation for the be

Pactimo Appoints VP, Retail Sales

Pactimo LLC, a maker of technical apparel for the cycling, triathlon and run categories, appointed Chris Bogue as vice president – retail sales…

Title Nine to Open Two Stores in Chicago

Title Nine is opening two stores in the Chicago market, its first stores in the Midwest. According to the Chicago Tribune, the first will open by the close of August in downtown Evanston and the second in the Lincoln Park neighborhood in October. The open

Golfsmith Reports Weakness in Tiger Wood’s Apparel

Tiger Wood's apparel collection through the first half dropped 7.5% from a year earlier at Golfsmith, according to Bloomberg News. Chief Executive Officer Martin Hanaka told the newswire that total golf apparel sales climbed 11% over the same period.

Mizuno Aims to Accelerate Baseball Growth

Mizuno Corp. has rolled out a caravan of royal blue-and-white vans to stadiums, amateur fields and sporting-goods stores in Ohio, Kentucky, Indiana and California to accelerate growth in its baseball gloves and bats business. According to Bloomberg News,