Modell’s Hires Sporting Goods VP and GMM
Modell’s Sporting Goods hired Roger Kitch as the new VP and GMM for its Sporting Goods Division. Kitch joins the company bringing over 15 years of retail experience with him, most recently having been Senior Merchant for…
Confluence Expands Japanese Distribution
Confluence Watersports has appointed Montbell Co., Ltd. as the exclusive distributor in Japan for Wilderness Systems, Wave Sport kayaks and Adventure Technology Paddles…
Big City Mountaineers Wins $90,000 Grant
The Stewardship Council, a land conservation and youth investment program, awarded Big City Mountaineers in Alameda County, CA. $90,000 to introduce underserved families to nearby parks and outdoor recreation…
Average U.S. Household to Spend 11% Less this Holiday
U.S. households are expected to spend an average of $418 on gifts during the holiday season, down from last year’s estimate of $471, The Conference Board reported Friday. “This is shaping up to be one of the most challenging holiday seasons in years and i
Profits at Shoe Carnival Drop 38.1%
Shoe Carnival, Inc. reported net earnings in the third quarter fell 38.1% to $2.6 million, or 21 cents a share, from $4.2 million, or 33 cents, a year ago. Sales slid 2.2% to $170.1 million from $173.9 million with comps down 5%…
Zumiez Q3 Comps Drop 5.8%, Net Sales Rise 7.9%
Zumiez Inc. saw total net sales for the third quarter ended Nov. 1, 2008 increased by 7.9% to $112.2 million from $104.0 million reported in the third quarter ended Nov. 3, 2007. Comparable store sales decreased 5.8% for the third quarter of fiscal 2008 c
RECALL: Brownie’s Third Lung Air Compressors
The U.S. Consumer Product Safety Commission, in cooperation with Brownie's Third Lung, announced a voluntary recall of the company's air compressors. Consumers should stop using recalled products immediately unless otherwise instructed. There ar
Foot Locker Reports Q3 Sales Slip 3.5%, Cuts FY EPS Outlook
Foot Locker, Inc. reported net income of $24 million, or 16 cents per share, for the third quarter ended Nov. 1, 2008, compared with net loss of $33 million, or 22 cents per share, last year. But the retailer lowered its guidance for fiscal 2008 below ana
RECALL: Yong Colors Children’s Hooded Jackets
The U.S. Consumer Product Safety Commission, in cooperation with importer R&D International Inc., have announced a voluntary recall of Young Colors Children's Hooded Jackets. Consumers should stop using recalled products immediately unless otherwise
Dick’s Sporting Goods Lowers Q4 Guidance
Dick's Sporting Goods, Inc. reported third quarter earnings slumped 24.6% to $9.2 million, or 8 cents per diluted share, from $12.2 million, or 10 cents, a year ago. The third quarter earnings per diluted share are at the top end of earnings guidance
Jarden Corp Adopts Stockholder Rights Plan
Jarden Corporation said its Board of Directors approved the adoption of a stockholder rights plan. The company said the adoption of the plan is “not in response to any current accumulation of shares or specific effort to acquire control of Jarden, but rat
Perry Ellis’ Q3 Revenues Slip 2.1%
Perry Ellis International's sales slid 2.1% to $222.8 million from $227.5 million a year ago. Strong results for the Perry Ellis brand, denim, golf and Hispanic categories coupled with better than expected results in international and licensing busin
Quicksilver, ESPN Continue Spat Over Logo
ESPN tevelvision network must face allegations by Quiksilver Inc. that a logo for its international X Games sports competition violates a clothing trademark, reports Bloomberg.com…
Grenade Logo Under Scrutiny at CO High School
Last week, in the midst of a school effort to clean the parking lot of profanity, a group of students at Brighton High School in Brighton, CO were asked by school administrators to cover the Grenade logo stickers…
ESPN to Face Quicksilver Trademark Allegations
A federal judge has ruled that ESPN, Inc. must face allegations of Quicksilver, Inc. that its X-Games logo violates Quicksilver’s “Generation X” clothing trademark…