Vendors May Have Seen Last Gains for a While
When reviewing vendor sales results from the third quarter the market looked like it still had a bit of life when the economic woes centered on higher fuel prices and the housing implosion had yet to reach Wall Street. This may be the best quarter the ma
Census Bureau: October Sporting Goods Sales Off 2.3%
The Monthly Retail Trade Survey reported sales in sporting goods stores of $2.60 billion (preliminary) for October 2008, a 2.3% decline from $2.66 billion in October 2007, said the NSGA. The trade organization noted that this is the first time sales have
Former Circle Systems Group President Pleads Guilty in Fraud Case
David Drill, the former president of Circle Systems Group Inc., the sports equipment refurbishing company, admitted Tuesday to submitting phony quotes and giving gifts to athletic directors, equipment managers, trainers and coaches in return for business,
Wal-Mart to Settle Wage Suits
Wal-Mart agreed to pay hundreds of millions of dollars to settle allegations that the company didn't pay workers for overtime or let them take breaks. The retail giant said it will pay plaintiffs in class actions and their lawyers between $352 millio
RECALL: Atomic Alpine Ski Bindings
The U.S. Consumer Product Safety Commission, in cooperation with Atomic Skis, has announced a voluntary recall of Alpine Ski Bindings. The recall covers about 125,000 units as well as an additional 1.0 million were sold outside the U.S…
Crocs Woes Cut into Industry Q3 Sales and Profits
With the last of the third quarter reports now filed with the SEC, The B.O.S.S. Report presents a wrap-up of industry public company results. Results are posted for those companies that have reported results for the period ended closest to the end of Sep
Jarden Corp. Honored by BusinessWeek
Jarden Corp. said it has been named to BusinessWeek's newly-released list of the World's Most Influential Companies. Noted as a company that is a “master of its domain” in the consumer goods industry, Jarden's recognition on the annual list
L.L. Bean Plans Layoffs
L.L. Bean is considering a company restructuring, cost cutting and layoffs to deal with a double-digit drop in sales over the holiday period. In an e-mail to employees first obtained by the Times Record newspaper in Maine, Chris McCormick, president and c
Foot Locker Inc. Faces Another Card Lawsuit
Foot Locker Inc. was hit by another lawsuit involving its gift cards. The complaint filed in the Superior Court of the State of California for the County of San Bernardino alleges that the retailer illegally sold pre-paid gift cards that are not redeemabl
Julbo Hires New Outdoor Sales Rep Group
Julbo Inc. has added Norman Pitt and Steve Baker from Third Rail Marketing as Julbo’s new outdoor sales representative group for the Southeast…
Atlanta Falcons Close Fan Stores
The Falcons 365 stores, owned by The Atlanta Falcons, will close Dec. 31, according to the Atlanta Business Chronicle. The store at the Perimeter Mall opened in summer 2005 while the Lenox Square store opened in October 2005…
Steve and Barry’s Founders Accused of Fraud
Manhattan landlord Jeff Sutton filed a lawsuit claiming Steven Shore and Barry Prevor, co-founders of clothing and accessories chain Steve & Barry's, misallocated the $1 million Sutton paid them in May to install escalators and elevators in their sto
Italy Honors Fila Korea’s CEO Gene Yoon
FILA Korea CEO Gene Yoon received the Knight of the Order of the Merit of the Italian Republic at the 3rd Annual Korea-Italy Forum on December 12th. According to a statement, the Knight of the Order of Merit of the Italian Republic is “one of the highest
Census Bureau: October Sporting Goods Sales Off 2.3%…
The Monthly Retail Trade Survey reported sales in sporting goods stores of $2.60 billion (preliminary) for October 2008, a 2.3% decline from $2.66 billion in October 2007, said the NSGA. The trade organization noted that this is the first time sales have
STX Files Suit Against Reebok for Patent Infringement…
STX L.L.C., the Baltimore-based lacrosse company, has filed a patent infringement lawsuit against Reebok International Ltd. According to the complaint filed in the U.S. District Court of Maryland, STX claims Reebok has infringed on one of its patents by m
