Rocky Brands Gets Lift from Military Orders in Q4; Swings to Profit
Rocky Brands saw a modest decline in it’s top line for the fourth quarter of fiscal 2009, but extensive cost cutting measures, leaner inventories and a cold, wet winter propelled the company to a slight profit for the period…
NSSF Hails Washington State Supreme Court Decision
The National Shooting Sports Foundation (NSSF) said it supported a recent ruling by the Washington State Supreme Court holding that the Second Amendment rights of law-abiding Americans are applicable to the states through the 14th Amendment…
New Balance Launches New Balance 365 Project
New Balance launched New Balance 365, a collection of 365 short films that engages consumers 365 days a year by asking them to think about “the balance.” One 20 second short film that creatively explores the idea of “the balance” will post live each morn
Property Conflict Stymies New Balance HQ Expansion Plans…
New Balance is planning to upgrade its headquarters in Brighton, MA, which will include an expansion of its offices, adding a park, housing and additional commercial space. However, Lowe’s is looking to build its first store in Boston on the same sp
J.C. Penney Sales Slip 3.6% in Fourth Quarter
J.C. Penney reported that its fourth-quarter earnings declined 5.2%, hurt by a big expense for its pension plan. Profit, however, topped its own expectations…
Longworth Industries Donates To Haiti Relief
Longworth Industries, parent company of the Polarmax, XGO and PMX brands is donating over $40,000 worth of apparel to Haitian Relief…
Spyder Divests Cloudveil; New PE Firm Taps Jim Reilly as President
Cloudveil has been sold yet again. This time, Spyder Active Sports sold the brand to Windsong Brands, a private equity firm based in Westport, CT. The new owners plan to quickly expand distribution of the brand within the outdoor specialty channel as well
Dick’s SG’s Pittsburgh Marathon Secures Record Entrees
Registrations for the Dick's Sporting Goods Pittsburgh Marathon and its sister events, the UPMC Health Plan Pittsburgh Half Marathon and FedEx Ground Pittsburgh Marathon Relay, are at 13,000. This eclipses last year's record registration of 10,5
Outdoor Product Retail Sales Post Gain for January
According to retail point-of-sale data compiled by SportScanInfo, outdoor equipment, apparel and footwear sales through the sporting goods, mall, department store, and discount/mass channels were up in the mid-single digits for the month of January while
SylvanSport Hires Silver Steep to Review Strategic Options
SylvanSport, the North Carolina maker of a versatile sports and camping trailer, said it had engaged Silver Steep Partners to serve as its exclusive financial advisor and review the company’s strategic options…
Nordstrom Profits Soar in Fourth Quarter Profits
Nordstrom, Inc. reported earnings more than doubled in the fourth quarter to $172 million, or 77 per diluted share, from $68 million, or 31 cents a year ago. Fourth quarter same-store sales increased 6.9% compared with the same period in fiscal 2008. Net
SportScanInfo: Snow Drives Outdoor Sales in January…
With the close of the retail fiscal calendar at the end of last month, retailers nationwide looked back on the most challenging year in recent memory. For retailers selling outdoor equipment and apparel, January, the last month in fiscal 2009, showed mixe
Studies: Title IX Improved Long-Term Health and Wellness
Recently, two studies have highlighted the benefits of team sports for girls. The first of conducted at Wharton School found that women’s education and employment opportunities increased significantly since the enactment of Title IX in 1972. The sec
NSGA Appoints CFO
The National Sporting Goods Association (NSGA) appointed Richard H. Schascheck, CPA, as its new chief financial officer. Schascheck is a 28-year veteran of association management, most recently as vice president of The Sanford Organization…
Zumiez Relocating Washington DC to California
Zumiez Inc. will be closing its Everett Distribution Center and relocating this portion of its business to Corona, CA. The company's headquarters, corporate offices and e-commerce division will remain in Everett, WA. About 170 jobs will be eliminated
