Buff Creates Private Label for Eddie Bauer
Original Buff, the manufacturer of outdoor headwear, said it will be part of the team creating the Eddie Bauer/Whittaker Mountaineering First Ascent apparel and gear line launching this spring 2009…
Puma Sales Slide 3.3% in Q1; Americas Ahead 11.2%
PPR SA reported sales for the Puma brand slid 3.3% in the first quarter to €697 million ($902.6 million) on a comparable basis. Sales in the Americas jumped 11.2%, boosted by “good performance footwear in the U.S. market.” Sales in Asia-Pacific were down
Recall: Specialized Bicycle Components Bicycles
The U.S. Consumer Product Safety Commission, in cooperation with Specialized Bicycle Components Inc., announced a voluntary recall of about 14,00 Specialized 2009 Model Bicycles. The handlebars can break, posing a fall hazard to the rider…
Gwen Manto Exits Dick’s SG
Gwen Manto left her role as EVP and chief merchandising officer of Dick's Sporting Goods, Inc., effective April 13. According to a filing with the SEC, DKS does not expect to replace her in this position but will instead realign its merchandising org
Team Business QandA: NSGA’s Matt Carlson
In April 2008, Matt Carlson took over as president and CEO of the National Sporting Goods Association. The former city administrator of Delafield, WI succeeded long-time NSGA Chief Executive Jim Faltinek. Team Dealer reviews with Carlson the highlights of
Census Bureau: Gas, Auto Sales Declines Sank Retailers in March
The U.S. Census Bureau reported Tuesday that advance estimates of U.S. retail and food services sales for March, which were adjusted for seasonal variation and holiday and trading-day differences but not for price changes, were $344.4 billion, a decrease
Former Dick’s Sporting Goods RE Exec Fined
The former senior vice president of real estate at Dick's Sporting Goods Inc., Joseph Queri, Jr. on Monday was fined for insider trading stemming from the sporting good chain's acquisition of Galyan's Trading Company, Inc. in 2004…
Vail Resorts: Season to Date Skier Visits, Lift Tickets Down
Vail Resorts, Inc. said season to date total skier visits through April 12, 2009 for the company's five mountain resorts were down 6.2% compared to the prior year season to date period ending April 13, 2008. Season to date total lift ticket revenue t
Sales Reps See New Challenges in Today’s Market
Sales reps have traditionally been vital in bringing new brands and ideas to the outdoor marketplace, but their role in recent years has changed as a result of consolidation and advancements in technology. Reps are now increasingly asked to help manage in
Broder Bros. Warns of Bankruptcy
Broder Bros. Co. warned that it will have to file for Chapter 11 bankruptcy unless it can exchange $225 million in existing debt for new debt and stock by mid-May. For each $1,000 in old notes paying 11.25 percent and due Oct. 15, 2010, the company said,
Sport Footwear Sales Inch Up in March
Given the shift of Easter from March to April this year, the slight increase in March sales for Sport Footwear was seen as a positive development for the market even as growth slowed from the stronger February rate…
Suunto Acquires Tacktick
Suunto, the manufacturer of sports precision instruments owned by Amer Sports Group, announced the acquisition of UK-based Tacktick Ltd, manufacturer of wireless marine sensors, instruments and displays. Terms were not disclosed. No changes are envisioned
Phoenix Footwear Group Q4 Loss Widens
Phoenix Footwear Group Inc. reported its fourth quarter net loss of $14.9 million or $1.83 per share, compared to a net loss of $11.89 million or $1.48 per share in the year ago quarter. The net loss from continuing operations for the quarter was $14.2 mi
Callaway Cuts Q1 Guidance on Weaker Order Book
Citing a sluggish golf market and ensuing slimmed-down inventory orders from retailers, Callaway Golf Company now expects first quarter revenues and earnings to be significantly lower than previous estimations…
New Bill Expected to Tax Online Retail
A bill expected to be introduced in Congress early next week by Sen. Mike Enzi (R-WY) and Rep. Bill Delahunt (D-MA) could eliminate the days of tax-free Internet shopping. The exact language of the bill has not yet been revealed…
