KOR Water Hires New Sales Reps
KOR Water hired new sales reps in three major U.S. regions: Allison Sales in New England; Sabine Bildstein in the Central States; and Bodhi Agency in the Upper Midwest…
Zumiez Suffers Loss on 18.8% Comp Decline
Zumiez Inc. reported sales decreased 7.7% for the second quarter ended Aug. 1, to $85.2 million from $92.3 million a year ago. The action sports retailer lost $3.1 million, or 10 cents a share, in the period after a charge of $1.3 million, or 3 cents a sh
PacSun Sees Q2 Sales Fall on 24% Comps Plummets
Pacific Sunwear of California, Inc. said net sales for the second quarter of fiscal 2009 ended August 1, 2009, were $243 million versus net sales from continuing operations of $313 million for the second quarter weeks) of fiscal 2008 ended August 2, 2008.
Hibbett’s Profits Plunge 77% in Q2
Hibbett Sports, Inc. reported second-quarter sales slid 5.5% to $123.1 million from $130.3 million a year ago. Comps were down 10.5%. Net income fell 77.1% to $1.1 million, or 4 cents a share, from $4.8 million, or 17 cents, a year ago…
U.S. Bicycle Route System Gains Grants
Adventure Cycling Association announced three new grants in support of the organization's work to establish an official United States Bicycle Route System (USBRS). The grants will enable Adventure Cycling to continue its organizing and cartographic w
Foot Locker Posts Break-Even Q2, Comps Erode 12.1%
Foot Locker, Inc. reported break-even earnings for the second quarter ended August 1 compared with net income of $18 million, or 11 cents a share, in the same period a year ago. Sales decreased 15.6%, to $1.1 billion from $1.3 billion. Excluding the effec
Everlast Renews USA Boxing Sponsorship
Everlast Worldwide, Inc., has signed on as USA Boxing’s official equipment and apparel sponsor, extending their current agreement, which previously covered only USA Boxing’s equipment needs…
Cutters Becomes Official Glove of United Football League
Cutters has signed on as the Official Gloves of the United Football League. In an exclusive agreement, Cutters will create customized gloves for each UFL team for both game and practice use…
RECALL: Felt Cyclocross Bikes
The U.S. Consumer Product Safety Commission, in cooperation with Felt Bicycles, has issued a voluntary recall of about 1,500 Felt F1X cyclocross bicycles from 2007/2008…
Involuntary Chapter 7 Petition Filed Against Boardparadise
Boardparadise, which operates 7 action sports stores in North Carolina, has been forced into involuntary Chapter 7 bankruptcy proceedings by three creditors claiming they are owed more than $785,000…
RECALL: Nirve Sports Bikes
Nirve Sports Ltd. is voluntarily recalling 120 Cannibal Bicycles due to problems with the bicycle's stems. Nirve has received reports of cracked stems…
Christy Sports to Host Powder Daze Sales Event
Christy Sports, a ski and snowboard retailer in Colorado, today announced it will host its Powder Daze sale event that will kick off the upcoming ski and snowboard season beginning Labor Day weekend…
Perry Ellis Slightly Shrinks Q2 Loss
Perry Ellis International's loss slightly narrowed to $5.3 million in the second quarter from $5.4 million a year ago. The loss per share was 42 cents versus 36 cents due to fewer shares in the most recent period although the company noted that Thoms
Nike Launches Nike+ Human Race 2009
Nike, Inc. kicked off registration for the Nike+ Human Race 2009, a 10k worldwide running event back for its second year. With nearly 780,000 participants in its inaugural year, this multi-city event will take place on October 24 in more than 24 cities…
Expresso Fitness Announces $6M Series D Funding
Expresso Fitness, a developer of commercial grade, cardio fitness systems including the Expresso Fitness Virtual Reality Bike, has closed a Series D equity investment in excess of $6 million from Sierra Ventures, Physic Ventures, and Enterprise Partners V
