SGB Update

Retailers Easing up on Return Policies

More than half of retailers (52%) say their holiday return policies will be more lenient than the policy for the rest of the year, up from 35% who said so in 2007, according to the National Retail Federation’s third annual Return Fraud Survey. Return rate

Gift Card Recipients Spending More than Face Value

Chase Paymentech, which provides payment processing for many sporting goods retailers, said a recent survey of 850 American adults found that 85% of those who had received a gift card spent more than its face value when they redeemed it. Recipients spent

REI Seeks to Dispel “Myths” to Sustain Big Gains in Bike Sales

Amidst huge sales gains in urban and commuter bikes, REI has launched a new website to dispel myths of cycling that it says have created a barrier to even greater sales. The co-op's cycling product manager said sales of urban and commuter bikes are g

REI to Add Some Schwinn Bikes in 2009

As part of a growing relationship with Dorel Industries Inc.’s Cannondale Sports Group (CSG), REI will begin carrying some higher end Schwinn bikes in 2009, REI Cycle Product Manager Brian Foley told The B.O.S.S. Report last week…

Keds Names Burrows as President

Collective Brands named Kristin Kohler Burrows president of Keds. Most recently, she oversaw the Jessica Simpson shoe brand as SVP at Camuto Group. She also worked as VP at Sports Brands International, the former owner of Fila…

Registration Opens for Bike Leadership Event

The Bicycle Product Suppliers Association (BPSA) has announced the opening of Bicycle Leadership Conference online registration, as well as other event details. ..

Sport Chalet Q2 Comps Down 7%

Sport Chalet, Inc.'s second quarter sales decreased 1.2% to $96.5 million for the second quarter of fiscal 2009 from $97.7 million for the second quarter of fiscal 2008. The net loss in the period was $4.2 million, or 30 cents per diluted share…

Yellowstone Club Files Chapter 11 Bankruptcy

The exclusive Yellowstone Club near Big Sky, MT, which offers “private powder” to its multimillionaire homeowners and resort guests, has filed for bankruptcy protection, according to multiple online reports…

Phoenix Footwear Net Sales Drop 16.4%, Suspends Guidance

Phoenix Footwear Group, Inc. revealed in its consolidated results for the third quarter ended Sept. 27, 2008 that net sales decreased 16.4% to $18.7 million, compared to last year's $22.3 million. The company experienced sales declines across all of

Sport Chalet Launches New Website

Sport Chalet, Inc. will launch a new website on Nov. 22 as the first phase of an e-commerce strategic plan that will allow it to better connect with customers. In 2009, Phase Two of the transition will enable customers to complete purchases online and hav

Callaway Wins Post Trial Motions in Acushnet Lawsuit

Callaway Golf announced that the United States District Court in Wilmington, Delaware, has granted Callaway Golf's request for a permanent injunction to stop sales of Acushnet's current line of Titleist Pro V1 family of golf balls, effective no

Acushnet Appeals Callaway Ruling

Acushnet Company, the golf business of Fortune Brands, Inc., said it will file an appeal of today’s ruling in a U.S. District Court in Delaware granting Callaway Golf’s request for an injunction in the long-running dispute with respect to four Callaway pa

Smith and Wesson Fills Orders for MandP Tactical Rifles

Smith & Wesson Holding Corporation, parent company of Smith & Wesson Corp., reported that it has recently filled orders for its Military & Police (M&P) tactical rifles. Among recent shipments is an order from the Chicago Police Department to equip the cit

Huge Snowfall Prompts Early Opening for Touted Resort

Utah's Snowbird Ski & Summer Resort opened earlier than scheduled on Friday, Nov. 7 after abundant early season snowfall in the southwest. This year’s opening marks the second earliest start to a season in the resort’s 38-year history…

KJUS Skiwear Restructures Management Team

LK International AG (KJUS Skiwear) has revealed the new management team structure that has been in place since Sept. 1, 2008. Nico Serena, former head of sales, has taken over the responsibilities of the design and product development department. Daniel S