Orange 21 Extends Date for Rights Offering
Orange 21 Inc. said it has extended the expiration date for its subscription rights offering previously announced on Jan. 22, 2009…
Westfield to Cut Operating Hours
According to reports, Westfield Group will cut operating hours at most of its 55 U.S. malls. Most of Westfield Group's malls will open 30 minutes later and close 30 minutes earlier on weekdays, spokeswoman Katy Dickey said. About a third will close a
High Sierra Acquires Mervyns Registrations for Trademark
High Sierra Sport Company has acquired all Mervyns registrations for the trademark High Sierra. The purchase price of the sale was undisclosed. High Sierra is first and foremost a bag/luggage company and steadfast about not entering either the footwear or
Chick’s Headquarters to Close
According to local reports, the Covina, CA headquarters for Chick’s Sporting Goods will close as its new owner, Dick Sporting Goods, continues to absorb operations…
Nordstrom Q4 Earnings Plummet, Comps Fall 15.8%
Nordstrom, Inc. reported net earnings of $68 million, or 31 cents per diluted share, for the fourth quarter ended Jan. 31, 2009. For the same quarter last year, Nordstrom reported net earnings of $212 million, or 92 cents per diluted share…
WFSGI Nominates Two for Board
The World Federation Sporting Goods Industry has announced the nomination of two new members to its board. Andrew Rubin, CEO of Pentland Brands plc, and Kevin Plank, chairman and CEO of Under Armour were announced as nominees on Feb. 16, 2009. “Their ba
GSI Commerce to Hold Three Investor Conferences
GSI Commerce Inc. said it is scheduled to participate in three investor conferences during February and March.
Rocky Brands Swings to Profit in 2008
Rocky Brands management said they were very pleased with the company’s fourth quarter results, as the company reported only slight declines in revenues within a tumultuous environment for the footwear retail industry…
Confluence Introduces Community-Based Boating Incentive
From Apr. 1, 2009 through Aug. 31, 2009, Confluence Watersports will roll out a brand new program designed to support local organizations, introduce more people to paddling and establish a platform for a long-term sustainability initiative…
Gander Mountain Expects Q4 Earnings to Rise
Gander Mountain Co. said it expects consolidated sales for the fourth quarter of approximately $333 million, compared to $318 million in the year-ago period, a 4.9% increase. Net income is expected to reach approximately $20 million compared to net income
Deuter Becomes bluesign Member
Deuter has officially become a bluesign member. With this membership, Deuter's products are designated as meeting strict international requirements regarding sustainability, health and safety (EHS). All bluesign products guarantee the use of componen
Amer Sees Novator Up Stake to 20.1%
Amer Sports Corporation reported that Novator Finland Oy has converted all of its NASDAQ OMX forward contracts into direct holdings in shares of Amer Sports Corporation representing 20.11% of the shares and voting rights…
Billabong H1 Sales Rise as EBITDA Stays Flat
Billabong reported that first half net sales jumped 22.1% as healthy growth in the company’s home Australasian market was outpaced by stronger gains in the Americas and Europe. Net sales grew to A$808.6 million ($632.6 mm) from A$662.0 million ($575.2 mm)
Chick’s Headquarters to Close
According to a report by the San Gabriel Valley Tribune, Chick’s Sporting Goods’ Covina-based headquarters will close as its new owner, Dick Sporting Goods, continues to absorb operations…
WFSGI Nominates Plank, Rubin for Board
The World Federation Sporting Goods Industry has announced the nomination of two new members to its board…
