Quiksilver Posts Steep Profit Drop on 11.1% Sales Decline
Quiksilver, Inc. reported that its profit from continuing operations fell 88.8% in its third quarter ended July 31, to $3.7 million, or 3 cents share, from $33.1 million, or 25 cents, a year ago. Revenues dropped 11.2% to $501.4 million from $564.9 millio
SGMA: Outside Factors Impacting Team Participation
The popularity of traditional team sports in the U.S. is being undermined by four key issues: the struggling U.S. economy, the emergence of developing sports, overall declines in “pickup” play, and a rising interest in single-sport specialization. That co
G-III Apparel Shrinks Q2 Loss
G-III Apparel Group Ltd. posted a narrower fiscal second-quarter loss as revenues surged and the stronger performance from its dress and sportswear business offset seasonal losses in its Wilsons retail outlet business…
Report: Americans Expect to Keep Spending in Check for Holiday
Back-to-school shopping season hasn’t even ended yet, but American consumers are looking ahead to the Holiday shopping period with some trepidation. Based on a recent consumer survey conducted by The SportsOneSource Group, more than half the respon
Sporting Goods Industry Hall of Fame Elects Four
Bill Farrell, Asics America/T.W. Promotions; John M. Forzani, The Forzani Group Ltd.; and Julie and Ken Nimmons, Schutt Sports have been elected into the Sporting Goods Industry Hall of Fame. The four will be honored in ceremonies, May 4, during the 46th
Zumiez Sees August Comps Fall 12.1% on Declining Sales
Zumiez Inc. said total net sales for the four-week period ended August 29, decreased 2.9% to $51.7 million, compared to $53.2 million a year ago. Comps decreased 12.1% versus an increase of 0.2% in the year ago period…
Cool Temperatures Chill July Outdoor Sales
Retail sales for all core outdoor stores combined (chain, internet, specialty) declined 4% compared to last July, moving from $371 million to $358 million, according to the most recent edition of the Outdoor Industry Association (OIA) Outdoor Topline Repo
Hoopsworld Names Top 55 Basketball Influencers
Foot Locker's Keith Daly, Nike's George Raveling, adidas' Lawrence Norman and Dick's SG's Ed Stack all ranked near the top of Hoopworld.com's list of its Most Influential In Basketball. The 55 “Influencers” also included nume
Helly Hansen to Launch Online Retail with GSI Commerce
GSI Commerce Inc. has entered into a new partnership with the Helly Hansen retail group to develop and operate international online stores in eight European countries as well as the United States and Canada…
Lululemon to Launch Kids Product and Retail Concept
lululemon athletica inc. is introducing ivivva athletica, a new brand the vertical retailer said is focused on 6-12 year olds and will feature technical, multi-functional apparel that will include many of the design features found in lululemon product…
Amer Lowers FY Guidance, Exploring Sale of Mavic
Amer Sports said it is currently exploring alternatives in respect of its cycling business Mavic, including a divestiture. It also warned that current estimates for FY09 are “too optimistic” given current economic conditions while unveiling a €150 m
BIKE EXPO 2010 to be held in July
BIKE EXPO 2010 in Germany will be held from July 22nd to July 25th. Messe München GmbH, the organizers, said the dates were confirmed in several meetings with industry representatives…
Payless Partners on Russian Retail Stores
Collective Brands Inc. is expanding its Payless ShoeSource retail chain into Russia. Payless plans to open stores beginning in 2010 in Russia with franchise partner M.H. Alshaya…
Gander Mountain Widens Q2 Loss on Increased Markdowns, Advertising
Gander Mountain reported second quarter sales declined 1.8% to $248.4 million from $252.9 million a year ago. The net loss widened to $7.3 million, or 30 cents a share, from a net loss of $4.9 million, or 20 cents, a year ago. The increased loss resulted
Sportfishing Supports Reintroduction of Cape Hatteras Legislation
The American Sportfishing Association has issued a press release publicizing their support for the reintroduction of legislation (H.R. 718 and S. 1557) that would restore reasonable off-road vehicle (ORV) access to Cape Hatteras National Seashore Recreati
