Sport Chalet Reviews Strategic Alternatives
Sport Chalet, Inc. is evaluating strategic alternatives, including raising additional capital and amending or replacing its current credit facility. This includes retaining Wedbush Morgan Securities as its financial adviser in this process. In a press re
LaCrosse FW Q4 Net Halved on Higher Expenses
LaCrosse Footwear, Inc. reported consolidated net sales of $35.1 million for the 2008 fourth quarter, up 8% from $32.7 million in the fourth quarter of 2007. For the full year 2008, consolidated net sales were $128.0 million, up 8% from $118.2 million in
Timberland Fourth Quarter Revenues Fall on Softness in North America
The Timberland Co. again reported disappointing revenues for its fourth quarter, concluding the year in “a very challenging retail environment reflecting a downturn in consumer spending and global economic uncertainty.” Still, despite this uncertainty, th
Wall Street Shrugs Off Tough January Retail
The retail results for January and the retail fourth quarter apparently lived up to low expectations as Wall Street shrugged off both the negative comp store sales results and the loss of more than 625,000 jobs during the month…
NGCOA: Golf Rounds Played in 2008 Down 0.8%
The PGA of America and the National Golf Course Owners Association (NGCOA) announced recently that rounds played in 2008 were down 0.8% nationwide, with a similar decline in YTD days open (-0.7%). This is based on responses from approximately 2,500 facil
Industry Chains Continue Respective Trends in January
Pacific Sunwear of California reported that total PacSun sales for the fiscal month of January declined 8% to $54.7 million from $59.6 million in the year ago period. PacSun comp sales dropped 11% for the month…
National Golf Rounds Played Drops 6.8% in December
The Golf Datatech National Golf Rounds Played Report showed that in December, golf rounds played varied vastly between regions, with participation in the Pacific, Mountain, East North Central, South Atlantic and South Central regions decreasing and partic
Dick’s Sporting Goods Comp Decline Worsens; Will Take Impairment Charge
Dick's Sporting Goods, Inc. expects to record a pre-tax non-cash impairment charge based upon unaudited, preliminary year-end estimates in the range of approximately $165 million to $180 million that will decrease net income by $144 million to $153 m
MacGregor Golf Sells Off Greg Norman Collection
Greg Norman Collection is once again under new ownership, this time acquired by The Tharanco Group from the MacGregor Golf Company. GNC President and CEO Michael Setola will remain CEO and is a partner in the new company, Tharanco Lifestyle, LLC. Terms w
University of Wisconsin-Madison Cuts Ties with Russell
The University of Wisconsin-Madison plans to cut ties with Atlanta-based Russell Athletic over questions regarding its labor practices at a shuttered plant in Honduras, reported the Atlanta Journal Constitution…
Feedback Sports Acquires Ultimate Bike Support
Feedback Sports LLC has acquired Ultimate Bike Support, the bicycle division of Fort Collins, Colo.-based Ultimate Holdings. Feedback Sports, headquartered in Golden, CO, manufactures a line of scales and tools for bicycle mechanics, cyclists and outdoor
Grenade Gloves Hires New Sales Force Throughout U.S.
Grenade Gloves implements a new sales force in several key regions throughout the US. Marty Carrigan is the West Regional Sales Manager with an extensive background in equipment, apparel and accessories for the action sports industry. He is currently on
Retail Container Traffic to Fall 11.8% in First Half of 2009
After ending 2008 down 7.9%, cargo volume at the nation’s major retail container ports is expected to drop at an even faster pace during the first half of 2009 as the economic recession continues, according to the monthly Port Tracker report released toda
National Golf Rounds Played Drops 6.8% in December
The Golf Datatech National Golf Rounds Played Report showed that in December, golf rounds played varied vastly between regions, with participation in the Pacific, Mountain, East North Central, South Atlantic and South Central regions decreasing and partic
Easton Tabs VP Sales Baseball/Softball
Easton Sports has promoted Ray Ziolkowski from Sales Manager, Strategic Accounts to Vice President Sales, Baseball/Softball…
