Broder Bros. Swings to Q4 Loss on Charges
Broder Bros., Co. said sales for the fourth quarter ended Dec. 26th 2009 were $182.8 million compared to $219.5 million for the fourth quarter of 2008…
SGMA Survey: Consumers Looking for Value in Sports Equipment in 2010
According to the Sporting Goods Manufacturers Association's Sports, Fitness, and Recreation Participation Overview (2010 edition), 23.1% of 'active' Americans have indicated that they plan to spend more on sports equipment in 2010 than they
Li and Fung Swings to Record Profit in 2009 Despite Slip in Sales
Li & Fung Limited reported revenues for the year ended December 31 came in at HK$104.5 billion ($13.4 bn), down 6% from revenue of KH$110.7 million ($14.2 mm) in the year-ago period…
The Walking Co. to Exit Chapter 11 in Late April
The Walking Co. said a court hearing on the company's Chapter 11 bankruptcy reorganization plan will be held on April 23. If approved, the retailer said it would be ready to exit Chapter 11 early in the week of April 26…
2010 Brand Strength Index: Nike Leads But Adidas Closes Gap
More than two years after the “Great Recession” officially commenced it is clear that U.S. consumers have made fundamental changes in the way they shop, where they shop and the brands they buy. The Brand Strength Index was originally formulat
NOC’s Great Outpost Opens in Gatlinburg
Nantahala Outdoor Center, already known as one of the nation’s premier whitewater outfitters, will open NOC’s Great Outpost in Gatlinburg, TN this weekend…
Yue Yuen’s Q1 Sales Dip 3.2%
Yue Yuen Industrial (Holdings) Limited said revenue declined 3.2% in the first quarter ended Dec. 31, to U.S.$1.32 billion while profit attributable to equity holders increased 10% year-on-year to $120.2 million…
Performance Bicycle to Open California Location
For the second time in two weeks, Performance Bicycle said it will open a new retail location in California. The Chapel Hill, NC-based bike dealer said the new store would open in Woodland Hills north of Los Angeles on May 7, 2010.”…
Under Armour Partners with Junior Tennis Champion Center
Under Armour has signed into an agreement with the Junior Tennis Champion Center at College Park, Maryland. The company will supply gear to the centers' coaches and instructors who will wear and test new products…
SIA: Research Council Shows Snow Sports Participation is on the Rise
Participation increased in every snow sports discipline during the 2008-09 season from downhill skiing to snowshoeing, according to an inaugural overview report released by The Physical Activity Council, a new research group…
SportsOneSource 2010 Brand Strength Report Sees the Strong Get Stronger in a Tough Economy
More than two years after the “Great Recession” officially commenced it is clear that U.S. consumers have made fundamental changes in the way they shop, where they shop and the brands they buy…
Iowans Look at New Sales Tax to Fund Conservation Trust
Iowa took a step closer to becoming at least the fourth state to dedicate tax revenue to conservation when its House of Representatives approved the Natural Resource and Outdoor Recreation Trust Fund act.
The Finish Line Swings to Fourth Quarter Profit; Blows Past Wall Street Estimates
The Finish Line’s revenues rose 8.9% to $374.5 million in their fiscal fourth quarter ended February 27, propelled by a 10% same-store sales hike on the strength of the running and toning categories…
ECCO’s 2009 Profits Fall as Sales Slide 6%
ECCO reported revenue fell by 6% in 2009 DKK $5.04 billion ($912.7 million) while pre-tax profits fell by 38% to DKK 460 million ($83.2 million) due partly to significant investment in retail stores and in-store shops. Said the Danish-shoe maker in a stat
REI Doubles Profits on Flat Sales in 2009
Recreational Equipment, Inc. released audited financial statements confirming that its net income more than doubled to $29.8 million from $14.5 million in the prior year…