Columbia Sees Tough Q1, but Exceeds Guidance
Columbia Sportswear has been cited recently by a number of outdoor specialty accounts as a brand that will get more attention this year, but the company has yet to see any real reversal of fortunes in the U.S. market as weakness in the company’s much larg
Maturing Performance Apparel Sees Gains Moderate
Performance apparel has been the darling of the sporting goods apparel business over the last few years, netting strong double-digit gains that have masked weakness in many other areas of the apparel market. The categories that make up the performance se
Outdoor Companies Enact Earth Day Initiatives
As the nation celebrated Earth Day last week, the outdoor community took the day as an opportunity to go beyond their usual “green” activities with additional outdoor conservation efforts…
Gander Mountain Q4 Benefits from Ammo/Gun Sales; Sees Boost from Revived Direct Segment
Riding the wave of skyrocketing ammunition and firearms sales that began to peak during the back-end of 2008, Gander Mountain emerged from fiscal 2008 flying high on a fourth quarter that allowed the outdoor retailer to achieve record-breaking fiscal and
OBIT: Charles Caravati, Founder of Dixie Sporting Goods Co.
Charles Caravati, founder of Dixie Sporting Goods Co., has passed away on April 25. Caravati founded Dixie Sporting Goods Company in 1952, and served as president until his retirement in 1987. He was also a former chairman of the board of the NSGA Board o
Orange 21: Weak Dollar, Increased Discounting Pull Down H2 of 2008
As a follow up to its initial release of 2008 results the prior week (BOSS_0916) Orange 21 last Monday conducted a conference call to outline their plans to prepare for what will likely be a tough 2009. The action sports company, which manages the SPY and
Wilson, NCAA Donate 13,000 Uniforms to Youth
During the most recent Final Four basketball championship games, Wilson and the NCAA partnered to donate 13,000 brand new uniforms to a wide array of youth organizations, church leagues and school programs in Detroit and St. Louis. Working closely with co
Wolverine World Wide Q1 Net Falls 58% on Charges, Lower Sales
Wolverine World Wide, Inc. reported that first quarter adjusted profit easily exceeded analysts’ expectations, but management for the footwear brand consolidator warned that 2009 would likely be “one of the toughest years in a few decades for the footwear
Zumiez Shareholder Litigation Dismissed
Zumiez Inc. said that shareholder litigation involving Zumiez and its officers and directors has been dismissed. The Court issued its ruling on March 30, 2009 without oral argument, dismissing the case with prejudice. Following this ruling, a related shar
Soffe Parent Swings to Profit in Fiscal Q3 on Strong Activewear Gains
Delta Apparel saw considerable strength in its Activewear segment in its fiscal third quarter ended March 28, driven by higher sales of full-package products in its FunTees business. The gains in the Activewear segment, which also includes the Delta bran
Hanesbrands Sees Expected Sales Decline and Loss in Q1
Hanesbrands Inc., the parent of Champion, reported sales in the first quarter decreased by 13% to $857.8 million. The company said sales came in “as expected due to conditions in the retail marketplace.” The net loss came to $19.3 million, or 20 cents a s
Adams Golf CFO to Exit; Company Names Interim
Adams Golf is reporting that Chief Financial Officer Eric Logan has resigned from the company, effective April 30, 2009. He is leaving to become Chief Financial Officer of Evergreen Alliance Golf Limited, L.P., which owns and manages approximately 80 golf
OBIT: James H. Warsaw
James H. Warsaw, former president of Irvine-based Sports Specialties Corp., passed away at the age of 61. Warsaw sold Sports Specialties to Nike for $78 million in 1993. A donation to the University of Oregon led to the creation of the school's Warsa
SGMA Forum Discusses Sports Rule Changes
The SGMA on Wednesday, April 22 met with more than 50 sporting goods industry executives from 30 different sporting goods companies in Indianapolis, along with the leadership of NCAA and the National Federation of State High School Associations (NFHS) to
Filene’s Basement Sold to Buxbaum Group
Filene's Basement has been acquired by an affiliate of the Buxbaum Group, a firm that specializes in corporate turnarounds and retail liquidations. Filene's parent company, Retail Ventures Inc (RVI.N), said it had disposed of the unit for no net
