Look Cycle Signs Licensing Agreement for Rossignol Apparel
The Rossignol Group and Look Cycle have signed a multi-year licensing agreement for Rossignol apparel…
Berkshire Apparel Unit Sees Declines
Berkshire Hathaway reported sales in its Other Manufacturing segment, which includes Fruit of the Loom, Russell and Brooks Sports, slid 12.9% to $3.24 billion from $3.72 billion. Pre-tax earnings of the segment were $293 million, a decrease of $185 milli
Adidas Group Positive While Posting Q3 Declines
The adidas Group reported that top-line revenues trends had not changed materially since its fist half report, but the company, which also owns the Reebok, CCM-Reebok, Rockport and Taylormade brands in addition to the namesake adidas brand, produced a 
CIT Group Files for Bankruptcy Protection
CIT Group Inc., the commercial lender and the leading factoring company in the U.S., filed for bankruptcy in an effort to cut $10 billion in debt following a failed debt exchange and U.S. taxpayer bailout. CIT’s factoring subsidiary, CIT Trade Finan
Golf Datatech: Sept. Rounds Up 4.2%; YTD Up 0.5%
According to a report from Golf Datatech, golf rounds played in the US in September were up 4.1% compared to September 2008 and up 0.5% for the year to date period. Public courses reported rounds-played increases of 4.6% and 0.8% for the month and YTD, re
K-Swiss Inc. Sees Some Light in New Products, but Legacy Products a Drag in Q3
K-Swiss, Inc. worked though another quarter of downward trending sales in the third quarter as worldwide revenues declined 23.7% to $70.6 million for the period, compared to $92.6 million in the year-ago period. The company posted a $2.9 million loss for
Warnaco Swimwear Posts Loss After FINA LAZR Ruling Charge
Warnaco's swimwear segment reported a Q2 operating loss of $7.4 million after a $3.6 million charge ($2.2 million after-tax) to write off inventories of its Speedo LZR Racer product. The loss compared to a year-ago deficit of $10.2 million, which inc
Crocs Returns to Profitability and Growth in Q3
Crocs, Inc. reported its first profit and year-over-year sales gain since second quarter 2008 and posted healthy future orders, led by demand for the new Crocband collection. Year-over-year spring-summer 2010 wholesale pre-books are running up 131% in the
Puma AG Sees Declines in All Regions and Segments in Third Quarter
Puma AG saw its business turn negative in the third quarter after posting flat growth in Q2, led by a downward turn in the U.S. market. Consolidated net sales declined 6.3% in third quarter on a currency-adjusted basis, and revenues declined 5.5% to S
October Retail Comp Store Sales Up 2.1% on Easy Comparisons, Weather Influence
Zumiez Inc. reported comps for the four-week period ended Oct. 31 decreased 8.9% on net sales that slipped 1.5% to $24.7 million from $25 million a year ago. Weekly comps were negative 8.9%, negative 5.5%, negative 13%, and negative 8.1% for weeks one thr
Big 5 Third Quarter Profits Soar on Lower Costs and Rising Sales
Big 5 Sporting Goods' Q3 earnings surged 77.8% due to a combination of improving sales, slightly better merchandising margins and lower expenses. The 1.6% comp decline represented its second straight quarterly gain and its strongest comp since the Q4
Sport Chalet Cuts Fiscal Q2 Losses Despite Steep Comp Drop
Sport Chalet's sales decreased 7.9% in the second quarter ended Sept. 27, to $88.8 million as comps fell 12.4%. But its net losses were slashed to $1.2 million, or 9 cents a share, from $4.2 million, or 30 cents, a year ago. The Los Angeles-based spo
Easton-Bell Sees Third Quarter Team Segment Sink Sales 11.3%
In a quarter that is largely dependant on football and hockey sales, Easton-Bell Sports, Inc. saw lagging Team Sports sales fall 19.0% to $91.2 million from $112.6 million in the year-ago period. Sequentially, the decline mark a small improvement from sec
Under Armour Partners With IMG and Signs MMA Champ Georges St-Pierre
Under Armour and IMG Worldwide, announced an exclusive partnership highlighted by the development of a unique comprehensive athletic training platform that will establish a global measurement standard for improved sports performance, health and fitness ca
Sport Supply Group Raises Fiscal Year Outlook
Sport Supply Group reported sales rose 5.3% to $77.5 million in the first quarter ended Sept. 30, from $73.6 million in the year-ago period. Earnings were basically flat at $5 million though earnings per share improved to 37 cents from 35 cents due to few
