SGB Update

Play It Again Parent Posts Net Loss in Fourth Quarter

Winmark Corporation, the parent of Play It Again Sports, reported that net income fell 37% for the year ended December 27 to $1.1 million, or 21 cents per diluted share, compared to $3.0 million, or 54 cents per diluted share, for 2007…

Golfsmith Q4 Revenues Slide 14.1%, FY08 Down 2.4%

Golfsmith International Holdings, Inc. saw net revenues of $67.8 million for the fourth quarter ended Jan. 3, 2009, a decrease of 14.1% from net revenues of $79.0 million the previous year. Net revenues reflect a 17.3% decrease in comparable store sales.

NHS Adds ‘Wingnut’ to Sales Force

NHS has hired Robert “Wingnut” Weaver to its surf division. Wingnut will be managing Santa Cruz surfboard, Cruzer skateboards and apparel sales with international and domestic surf accounts. Weaver has been an consultant for Santa Cruz Surfboards since No

Speedo Sales Grow 9% in Fourth Quarter

Warnaco Group's swimwear group saw revenues grow 5.4% to $46.2 million in the fourth quarter. In constant dollars, sales rose 7.6%. Speedo revenues were up 9.0% and operating margin was in the low teens reflecting improved inventory management…

RECALL: Bowflex Gyms

Nautilus Inc. is recalling a total of 78,000 Bowflex home gym systems because of safety concerns. The Consumer Product Safety Commission said the seat of the Bowflex Ultimate 2 Home Gym could fall unexpectedly and injure a user or bystander. The seat, whi

PUMA Names COO

PUMA appointed Klaus Bauer as a member of the board of management, effective August 1, 2009, and said he will assume the newly created position of chief operating officer (COO). At the same time, chief financial officer (CFO) Dieter Bock (50), who has b

Iconix Q4 Sales Jump 14%, Full Year Up 36%

Iconix Brand Group, Inc., which owns the Danskin, Starter and Ocean Pacific brands, among many others, reported a strong fourth quarter as the company continues to expand its direct to retail licensing programs…

Native Eyewear Names VP of Sales

Native Eyewear has named Kevin Karch as its new VP of sales. Karch’s prior position was sales manager for both domestic and international business at Kelty, Inc. where he was also a member of their executive management team…

Winter Sports Lifts Head NV’s Fourth Quarter Results

Driven by double-digit gains in winter sports, Head NV revenues increased 5.4% in the fourth quarter to €115.1 million ($147.3 million). Operating profits also grew with the help of lower expenses, favorable exchange rate movements, and the sales gains…

The Sporting Goods Problem with Female Consumers

A frequently-cited marketing maxim holds that women drive 80 percent of consumer purchases at retail. While finding the original source of that figure has proven to be elusive, most will agree that women are responsible for a significant level of spending

Outdoor Retailer Open Air Demo Now One Day

Outdoor Retailer has decreased the duration of its 2009 Summer Market Open Air Demo from two days to one day. This year's Open Air Demo will take place at Pineview Reservoir (near Odgen, Utah) on Monday, July 20, 2009, prior to OR Summer Market'

Sport Chalet Amends Credit Facility

Sport Chalet, Inc. amended its credit facility with Bank of America, N.A. as Bank of America waived SPCH's existing event of default and certain potential defaults, and amended the borrowing base, certain financial covenants and interest rates…

NGP Names Senior Sales Director

National Golf Products (NGP) has named James Meabon as senior sales director. Meabon — formerly regional director of franchise sales and development for Microtel Inns & Suites and Hawthorn Suites — will oversee all domestic sales to commercial golf faci

Gramicci Hires VP, Sales

Patricia Babka has been named vice president of sales for Gramicci, the manufacturer of outdoor lifestyle apparel. Most recently, Babka was general manager for the Americas at Skins USA, where she established all facets of the operations to launch Skins c

New Era Sponsors 13 World Baseball Classic Teams

New Era Cap Co., Inc. announced that it will provide the exclusive on-field and locker room cap for 13 of the 16 participating countries in the 2009 World Baseball Classic. Featured countries in the collection include: the United States, Canada, Australia