Easton-Bell Sports Sells $350 MM in Notes
Easton-Bell Sports Inc on Friday sold $350 million of senior secured notes in the 144a private placement market. The size of the deal was increased from an originally planned $325 million…
NSGA Study: Female Fitness Participation Grows
Among the 39 sports surveyed by the National Sporting Goods Association (NSGA), exercise walking, swimming and exercising with equipment attracted the greatest number of female participants seven years of age and older in 2008, according to data in the As
Cleveland Golf Names Product Manager for Women’s/Juniors
Cleveland Golf/Srixon said Jilayne Lovejoy has been promoted to the position of product manager for the Women’s & Junior categories. Lovejoy, who began her career at Cleveland Golf as an intern in the marketing department, has also served as a buyer
Mizuno Corp. Fiscal H1 Profits Fall on Global Revenue Declines
Mizuno Corporation again got little help outside of its native Japan in the fiscal first half ended September 30 as all non-domestic regions posted strong double-digit declines for the period. Total worldwide revenues declined 10.1% to ¥76.2 billion ($7
Russell Agrees to Re-Hire Honduran Workers
With leaders of the long-running anti-sweatshop movement heralding it as their biggest victory to date, Russell Athletic agreed to open a plant in Honduras as a unionized factory and rehire 1,200 workers who had lost their jobs when Russell closed a facto
Dick’s Sporting Goods Triples Third Quarter Net; Cuts Q4 Outlook
Dick's Sporting Goods Inc reported third-quarter earnings more than tripled with the help of higher sales and lower expenses, handily topping Street estimates. But shares fell 10% last week after it projected that the fourth quarter would fall short
Shoe Carnival Posts Breakout Third Quarter
Shoe Carnival, Inc. attributed its strong third fiscal quarter performance to a large selection of value-priced name brand footwear that resonated well with consumers. Higher-than-expected sales of athletic product during the back-to-school season and ver
Golf Equipment Counterfeiters Sentenced to Prison in China
According to a press release from Nike, eight people in China have been sentenced to jail and fined after being convicted of counterfeiting registered trademarks, as well as manufacturing, distributing and selling counterfeit golf equipment…
Pou Sheng Sees Fiscal Year Loss
Pou Sheng International (Holdings) Ltd., the retail arm of footwear maker Hong Kong-based Yue Yuen Industrial (Holdings) Ltd., said it expects to show a net loss in the fiscal year ended Sept. 30…
Foot Locker Posts Q3 Loss On Weaker U.S. Business; Europe Starts to Improve
Foot Locker, Inc. saw the U.S. business remain a challenge in the fiscal third quarter, but also saw some improvement on a quarter-by-quarter sequential basis in both the U.S. and European businesses. The U.S. weakness was also cited as the primary reaso
Zumiez Third Quarter Comps Down 8%; New Stores Boost Revenues
Zumiez, Inc. reported comps slipped 8% in the third fiscal quarter of 2009 but new stores drove revenues to minimal growth. Sequentially, management said sales trends were promising as the back-to-school quarter resulted in same-store sales that were bett
PacSun Q3 Sales Fall 17.1%; New CEO Outlines Initiatives to Revitalize Business
Pacific Sunwear of California, Inc., which has struggled profusely thus far in the fiscal 2009, outperformed most analysts estimates for the third quarter but warned investors that Holiday 2009 would be weaker than originally predicted…
Hibbett Sports Gets Q3 Boost from Greater Focus on Performance
Helped by tighter expense controls and better product margins, Hibbett Sports, Inc. reported third quarter earnings increased in the mid-teens and raised its outlook for the year. Overall EPS of 30 cents per share in the quarter came in ahead of Wall Stre
The Buckle Sees Online Transactions Boost Third Quarter Sales
The Buckle, Inc. continued to bury its competition, posting impressive results in an otherwise dreary retail third quarter as the self-described “denim destination” continued to ride strength from online sales and growing comps. Net sales for
Golf a Bright Sport in Tough Third Quarter for Perry Ellis
Perry Ellis, Inc. sales fell 19.7% to $178.6 million in the third quarter from $222.8 million in the year-ago period. Nearly all the decline came from the exit of businesses, including the PING golf apparel line, Dockers outerwear as well as certain priva
