Nike Inc. Weathers Storm by Executing on Basics
Nike, Inc. has a clear advantage in the current market as consumers and retailers focus on brands with the most strength and resiliency in a tough economy, but that doesn’t keep the company from making the same type of cost-cutting decisions that their le
Crocs Amends Credit Facility
Crocs Inc. said that on December 19, it entered into a seventh amendment of its Revolving Credit Facility with Union Bank of California, N.A. According to a filing with the Securities & Exchange Commission, the seventh amendment modifies the Revolving Cre
Adrenalina Continues to Stalk PacSun
Tiny action sports retailer Adrenalina last week revealed that it withdrew its $5-per-share offer to buy Pacific Sunwear of California due to the steep decline in prices of PacSun's shares. But it now plans to take a buyout offer directly to sharehol
Christy Sports Introduces Ultimate Demo Ski Pass
Christy Sports debuted its Ultimate Demo Ski Pass that allows skiers guaranteed access to various types of this year’s top-of-the-line skis. The 10-day rental pass costs $250, the 20-day pass $350, and an unlimited pass (called the Season Pass) $450. The
Sports Direct Posts H1 Profit Gain
Sports Direct International Plc, the largest sporting goods retailer in the U.K., posted a 7.4% increase in first half earnings and said it was on track to meet market expectations for the full-year. However the retailer cut its interim dividend payout b
Shock Doctor Partners with Motocross/Supercross
Shock Doctor, Inc. announced its 2009 national sponsorships of motocross and supercross teams and events. Shock Doctor is an official sponsor of the 2009 Asterisk Mobile Medical Unit and Action Sports Medicine Foundation (ASMF), and of top-performing team
Forzani Group Third Quarter Profits Hurt by Increased Expenses, Charges
Forzani Group's third quarter results came in slightly below expectations, but the Canadian sporting goods giant noted that its stores continue to perform well against a standout year-ago performance and have shown good momentum so far in the fourth
All Uniform Wear Celebrates 25 Years
All Uniform Gear celebrated its 25th year in business with the launch of a new website. The company said it now has 11 retail locations that represent over 50,000 sq.ft. of retail space. It also has 30,000 sq.ft. national distribution center, 10,000 sq.ft
Amer Sports Slashes Full Year Guidance
In an appropriate end to what has been an arduous year for Amer Sports, the company has slashed its profit outlook for fiscal 2008, citing waning sales in November and December. Weak fourth quarter sales for the Finnish sporting goods manufacturer prompte
A4 to Open Two New Warehouses
A4 will start shipping from two new distribution centers in January. The company, which is working in a joint venture with Frazier Sports, has opened centers in Waco, TX and Atlanta, GA…
Golf Companies Plan Staff Cuts
The golf market saw two companies plan staff cuts last week as industry giants Acushnet and TaylorMade-adidas Golf both reported intentions to lower headcounts…
FIFA Names Official Merchandiser for 2010 World Cup
Total Apparel Group, Inc. has been appointed by FIFA's Exclusive Worldwide Master Licensee, Global Brands Group (GBG), for a multi-year exclusive Distribution Rights agreement within the United States, Caribbean and U.S…
Quiksilver, Inc. Not Out of the Woods Even as Rossignol Impact Disappears
Quiksilver, Inc. ended its fiscal year with decent sales growth given the overall environment and undoubtedly breathed a sigh of relief at finally having put the Rossignol acquisition fiasco behind it. A quarterly conference call with analysts saw the in
Quik Cuts ASR Presence
Also on the quarterly conference call, Chairman, President and CEO Bob McKnight commented that all Quiksilver brands with the exception of DC would not have a presence at the ASR show in January…
American Rec Further Consolidates Outdoor Brands Under New Umbrella
American Recreation Products will replace dozens of outside reps with an in-house sales force over the next 30 days in a bid to cut costs and reach earnings targets of Sun Capital Securities Group LLC. The move is part of a broader reorganization of the
