REI 2008 Net Income Falls After Tougher Q4
REI said it plans to eliminate 61 full-time jobs, mostly at its Kent, WA headquarters and Sumner, WA distribution center, due to a “significant business slowdown in the final months of 2008 and continued projected weakness in 2009.”..
Sport Chalet Fiscal Q3 Sales Decline 10.3%
Sport Chalet Inc. reported a double-digits decline in sales for the third quarter ended December 28, due primarily to the nation’s economic downturn that led to a much wider net loss for the period…
EORA Show Store Count Up as Companies Save Money
Many of the southeastern retailers who skipped OR Winter Market headed to Greenville, SC for the EORA/SWRA trade show this week. While most of these regional shows lack the big party atmosphere present in Salt Lake City, many vendors reported that more bu
REI 2008 Net Income Plummets on Tough Fourth Quarter
REI said it plans to eliminate 61 full-time jobs, mostly at its Kent, WA headquarters and Sumner, WA distribution center, due to a “significant business slowdown in the final months of 2008 and continued projected weakness in 2009.”…
Mountain Hardwear Sees Upside in Hosting Retailer Conferences
While many companies are pulling back on trade show attendance, Mountain Hardwear is reaching out and investing in more one-on-one communication. The company held three costumer showcases across the country before the holiday season in hopes of strengthe
GSI Commerce in Transition with Dick’s SG
GSI Commerce wrapped up an eventful fiscal 2008, a year of radical ups and downs that included the largest acquisition in the company’s history, along with the Chapter 11 filing of Linens ‘N Things, one of the company’s top clients…
American Recreation Products Names Jim Baumann as CEO
American Recreation Products has named Jim Baumann as its new President and CEO. Baumann’s appointment completes an extensive executive search process conducted by Sports Group International…
Adrenalina Launches Board Fight at Pacific Sunwear…
Adrenalina, which has made multiple bids to acquire Pacific Sunwear of California, has nominated a four-member slate to PacSun's board and called for the resignation of PacSun's CEO. In a letter dated Feb. 12, Ilia Lekach, chief executive of Adr
McDavid Launches B2B Website
McDavid USA has launched a new business to business website that allows dealers and retailers direct access to the company's sales and shipment database. The new dealer website will allow McDavid's team dealers and sporting goods retailers to ac
Globe Expects H1 EBITDA Loss
Globe International fired a warning shot to the market, reporting its expects an EBITDA loss for the first half ended Dec. 31, 2008 of approximately A$5.0 million to A$6.0 million. Management said the loss was due primarily to “slowing in business conditi
Confluence Names Director of Product Development
After one year of working with Confluence Watersports on a contract basis, Louis Rondeau has joined the company in a full-time capacity as the director of product development and engineering. Rondeau will oversee all aspects of product development and eng
PROBAR Moves to Salt Lake City
PROBAR has said it will be relocating from the Park City area to a new and larger facility in Salt Lake City this month. Effective Feb. 16, 2009, PROBAR will call 4752 West California Ave, Suite 1000, Salt Lake City, their new home. During the transition
Cybex Posts Fourth Quarter Loss After Charge
Cybex International, Inc., reported a fourth quarter decline in sales and expects first quarter 2009 results to be similar due to the current “general economic conditions.”..
Electronic Arts Lends Names to Sports Toys
Electronic Arts, best known for its sports-themed video games like Madden NFL football and NBA Live basketball, is teaming up with Toy Island to create a line of athletic toys aimed at teaching kids how to play sports. The toys will use infrared sensors a
New Rep Joins Suunto
Judd Feingold of Up East Sales is now part of the Suunto Sales team. Feingold’s territory includes Massachusetts, Connecticut, Vermont, New Hampshire, Rhode Island and Maine. Feingold has been in the New England territory for 7 years and brings plenty of
