SGB Update

GoLite Footwear And UNH Outdoor Adventures Form Partnership

GoLite Footwear formed a partnership with the University of New Hampshire Outdoor Adventures program to provide GoLite Footwear shoes to student staff members, providing valuable feedback, real-life wear testing and brand exposure within an increasingly p

Diadora Licenses Soccer in the U.S.

Golden Viking Sports, an entity owned and headed by former Diadora America President William Nuttall, has entered into a license agreement for the U.S. market for the Diadora brand, switching from a subsidiary arrangement. The license follows the sale of

Iconix Spikes Q3 Net; Buys Ecko

Iconix Brand Group, Inc.'s Q3 revenues rose 8% to $59.4 million. Profit rose 25% to $20.5 million, or 28 cents per share…

Mountainsmith Names President

Erik Specht has been named as president of Mountainsmith LLC. Specht was formerly director of sales and marketing..

Golfsmith Q3 Sales, Earnings Down on Falling Tickets

Traffic levels finally evened out at Golfsmith International for the third quarter of 2009, but an increasingly wary consumer and a highly-promotional environment resulted in a lower average ticket, which in turn sunk earnings. Net sales for the golf reta

GSI Commerce Narrows Third Quarter Loss

GSI Commerce Inc. saw revenues increase 1.8% to $190.3 million in the third quarter, above its guidance range of $181 million to $186 million. The net loss was reduced to $9.4 million, or 18 cents a share, from $14.2 million, or 30 cents, a year ago. Com

Blacks Leisure Sees Wider First Half Loss; Submits Re-Org Plan

Blacks Leisure Group PLC submitted a restructuring plan to its bank after significantly increasing its losses in the first half due to continued losses at its Boardwear division. The U.K. outdoor retailer, which runs the Blacks and Millets chains, said it

LaCrosse Sees Military Lift in Q3

Congruent with a second quarter that saw strong military sales drive record margins, LaCrosse Footwear reported more of the same for third quarter, as the military business boosted the company’s Work business enough to compensate revenues lost from

Volcom Starts to See Market Stabilize, but Q3 Weak

Volcom, Inc. management feels it has successfully weathered the economic storm to-date and Chairman and CEO Richard Woolcott believes “the skies are beginning to clear.” In a conference call with analysts, Woolcott said revenues derived from

Shimano Q3 Net Income Plummets on Weak Asia Market

Shimano, Inc. reported that the third quarter top-line improved from the second quarter and the year-to-date trends, with consolidated revenues declining 19.5% to ¥44.38 billion ($474 mm). Third quarter sales declined most in Asia and Japan, while North

Diadora Licenses Soccer in the U.S.

Golden Viking Sports, an entity owned and headed by Diadora America President William Nuttall, has entered into a license agreement for the U.S. market for the Diadora brand. The new license follows the sale of Italy-based Diadora S.p.A. to Italian holdin

West Marine Sees Fiscal Q3 Comps Decline 4.3%

West Marine, Inc. reported net revenues decreased 6.7% to $168.2 million for its 2009 fiscal third quarter ended October 3. Comparable store sales decreased 4.3% from last year…