Jarden Sees Q1 Above Wall Street Forecasts
Jarden Corp., the parent company of Coleman, K2, Marmot, Volkl and other outdoor brands, said it expects that revenue for the first quarter of 2009 will be approximately $1.14 billion as compared to $1.22 billion in the prior year. Earnings are expected t
Former Golf Galaxy Management Launch Consuling Group
The former co-founders of Golf Galaxy, Greg Maanum and Randy Zanatta, have launched Retail Minds, a consulting group based in Minneapolis, MN. Golf Galaxy was sold to Dick's Sporting Goods in early 2007…
New Era Partners with Sweat Equity Enterprises
New Era Cap Co., Inc. has collaborated with Sweat Equity Enterprises (SEE) to create a line of caps and t-shirts that will launch in April 2009. Founded by designer/entrepreneur Marc Ecko, SEE is a nonprofit organization where teens develop professional-q
Boulder Outdoor Specialty Group Adds to Sales Team
The Boulder Outdoor Specialty Group, a collection of six cornerstone outdoor industry brands, has added John Horsnell to its inside team of territory managers…
Bakers Footwear Earnings Plunge in Q4, Comps up 3.6%
Bakers Footwear Group, Inc. reported net income for the quarter plunged to $0.5 million or 7 cents per share from $7.3 million, or $1.03 per share in last year's fourth quarter. Results for the prior year period included a gain of $4.8 million or 67
SIA Launches Medallion Program for Retailers
SIA has partnered with Colorado Ski Country USA to create the “Medallion Program” which will provide free and discounted lift tickets for skiing and riding to snow sports specialty retailers attending the 2010 Snow Show, the new name for the SIA show. The
Orange 21 Sees 2008 Loss Nearly Double Despite Revenue Gain
Orange 21 Inc., which owns Spy Optic, reported sales rose 2% to $47.3 million in 2008 from $46.5 million for 2007. The action sports company incurred a net loss of $15.2 million for the year ended December 31 compared to a net loss of $8.0 million for the
Sportsman’s Warehouse CEO Vows to Avoid Liquidation
Sportsman's Warehouse Chief Executive Officer Stu Utgaard is vowing to to steer his company through bankruptcy proceedings despite a number of other bankruptcies that have headed to liquidation, including Joe's Sports & Outdoors…
Genesco Investor Files Lawsuit Against UBS Securities
An investor in Genesco Inc. shares has filed a proposed securities class action against UBS Securities, LLC on behalf of all holders of the common stock of Genesco, Inc. The lawsuit stems from its terminated merger with The Finish Line…
Broder Bros. Reaches Agreement with Noteholders
Broder Bros., Co. announced that the company and its board had reached an agreement in principal on the terms of an exchange offer with an Ad Hoc Committee of the holders of its 11 1/4% Senior Notes due October 15, 2010. The exchange offer is supported by
Burton Merges Down Under Opens
Burton said that instead of having two events down under in 2009, it has decided to combine the Australian Open and the New Zealand Open into one premier Southern Hemisphere event taking place in New Zealand…
Big City Mountaineers Celebrates 20th Anniversary
In 2009, Big City Mountaineers will mark 20 years of enhancing the lives of under-resourced urban teens through transformative outdoor experiences. Since 1989, BCM has worked to offer a new perspective to teens through weeklong wilderness backpacking and
Academy Sports to Sponsor Sun Bowl Soccer Tournament
Academy Sports & Outdoors will be the new title sponsor for the annual Sun Bowl soccer tournament in El Paso. Academy's deal with the Sun Bowl organization is for three years, but financial details were not released…
March Retail Sales Fall 9.4% on Sharp Gas and Auto Sales Drops
The U.S. Census Bureau reported Tuesday that advance estimates of U.S. retail and food services sales for March, adjusted for seasonal variation and holiday and trading-day differences, were $344.4 billion, a decrease of 1.1% from the previous month and 9
Sales Reps See New Challenges in Today’s Market
Sales reps have traditionally been vital in bringing new brands and ideas to the sporting goods marketplace, but their role in recent years has changed as a result of sporting goods industry consolidation and advancements in technology. Reps are now incre
