SGB Update

Ski Visits Approached Record Levels this Winter

The U.S. ski industry recorded 59.7 million visits, the second best season ever, according to the preliminary 2009/10 Kottke National End of Season Survey. In spite of continued pressures from a weak economy and without the catalyst of an exceptional snow

Sport Supply Group Acquires Assets in Two Midwest Dealers

Sport Supply Group, Inc. has recently acquired a substantial stake in Coach’s Sports Corner, a regional team sports distributor based in Sandusky, OH, as well as a certain assets of Greg Larson Sports, a national cataloger and regional team sports d

DSW Ups View on Q1 Gains

DSW Inc. forecast first quarter same-store sales growth of about 16%. As a result, the footwear chain raised its full-year profit view to between $1.65 a share and $1.75 a share, up from its previous outlook of between $1.35 a share and $1.45 a share…

Golfsmith Q1 Sales Dip 2%

Golfsmith International Holdings, Inc. reported sales dipped 1.7% in the first quarter to $67.6 million compared to net revenues of $68.8 million for the first quarter of fiscal 2009. Net revenues reflect a 1.0% decrease in comparable store sales and a 13

Volcom Sees Q1 Profit on Surge in Men’s Sales

While executives at Volcom are optimistic about the company’s stellar first quarter numbers, skepticism remains with regard to the overall state of the economy and how it will carry over into the second quarter — and the remainder of fiscal 2010. R

Intrawest Refinances Debt

Ski resort operator Intrawest has reached a deal to refinance its corporate debt, apparently staving off a bid by lenders to auction off the company's assets…

Luxottica Continues to Exceed Expectations

Citing heightened net sales from Sunglass Hut and Oakley, Luxottica Group’s first quarter US dollars experienced a 6.1% increase in the first quarter of 2010…

Garmin’s Q1 Outdoor/Fitness Sales Jump 28%

Garmin Ltd. said sales of its outdoor/fitness segment rose 28% to $103 million, but that total revenues declined 1% in the first quarter ended March 27, 2010, due to poor sales in its larger auto/mobile segment…

Zumiez April Sales Rise 7.8% on 2.1% Comps Growth

Zumiez Inc. reported total net sales for the four-week period ended May 1, 2010 increased 7.8% to $25.7 million, compared to $23.8 million for the four-week period ended May 2, 2009. The company's comparable store sales increased 2.1% for the four-we

Snow Sports Sales Grow 4% in ’09/’10 Season

Snowsport Sales for the 2009/2010 season were up 4% over last season, according to the SIA Retail Audit. Snow sport retailers sold $2.94 billion this season compared to $2.82 billion a year ago. Although sales were up in dollars, fewer units were sold thi

Hat World Acquires Brand Athletics

Hat World, Inc., a subsidiary of Genesco Inc., has acquired Brand Athletics, Inc., a team dealer, custom screen printer and embroidery operator based in Tigard, OR in the metropolitan Portland area…