Skins Appoints Global Brand Director
Skins has appointed Stefan Vollbach, most recently international director of marketing and sales at multinational sports company HEAD, to the newly created role of global brand director. The German native has been a retail seller and buyer, a department m
Heelys Explores Strategic Alternatives After Tough Q3
Heelys Inc. has retained Houlihan Lokey as financial advisor to evaluate possible strategic alternatives to increase shareholder value. It also reported a sharp Q3 earnings decline on a 52.3% revenue freefall…
nuun Tabs McGee as VP of Sales and Marketing
Nuun and Company, Inc. – makers of nuun and ‘U’ hydration products and beverage tablets – has appointed Tim McGee to the newly formed position of vice president of sales and marketing. McGee comes to nuun with more than twenty years of beverage sales and
Nautilus Sees Direct, Commercial Sales Hurt Q3
Sales continued to fall steeply at Nautilus, Inc. in the third quarter ended Sept. 30 due to weakness in both the direct and commercial businesses, where sales dropped 34% and 4.5%, respectively…
Fire that Destroyed Indiana Store Ruled Accidental
A Nov. 3 fire that caused more than $1 million in damage to a sporting goods store in Indiana has been ruled accidental by state police fire marshal Tim Frew. The fire destroyed Bowman's Sporting Goods on McGee Avenue in Patton, IN…
Iconix Q3 Revenue Increases 29%
Iconix Brand Group, Inc. saw revenue for the third quarter ended Sept. 30, 2008 increase 29% to approximately $55.1 million, as compared to approximately $42.7 million in the third quarter of 2007. Net income for the third quarter increased 8% to approxim
Confluence Parent Cuts Dividend To Preserve Cash
The publically traded private equity fund that owns Confluence Watersports has cut its dividend, eliminated its stock buy-back program and will implement further costs cutting in a move to preserve cash.American Capital, Ltd. said it is taking the moves b
Easton-Bell Boasts Q3 Sales Gain, Improved Margins
Easton-Bell Sports, Inc. chalked up healthy sales increases for both its Team Sports and Action Sports divisions. From a bottom-line perspective, the Team Sports division particularly benefited from a shift to offshore production and both divisions benefi
Confluence Parent Cuts Dividend To Preserve Cash
The majority owner of Confluence Watersports has cut its dividend, will retain 2008 and future long-term capital gains, eliminate its stock buy-back program and implement further cost cutting in a bid to preserve cash. American Capital, Ltd. said it is ta
Dorel’s Pacific Cycle Unit Thrives in Q3
Dorel Industries reported sales of its Pacific Cycle division to mass merchants were stronger than expected in the third quarter, but said it had to delay orders for new Cannondale models due to supply constraints. Q3 orders for Cannondale’s 2008 models w
adidas Group Still Struggles with Reebok Business
adidas Group continued to struggle with its ailing Reebok business in the third quarter as the company continues to clear out entry price-point product from its inventories. That process is expected to be largely completed during the fourth quarter, which
Crocs, Inc. Intends to Extend 10-Q Filing Deadline
Crocs, Inc. said it will be filing a Form 12b-25 with the Securities and Exchange Commission to extend the filing deadline for its Quarterly Report on Form 10-Q as the company is still in the process of finalizing certain accounting estimates…
Big 5 Third Quarter Comps Decline; Retailer Cautiously Prepares for ’09
For the fiscal 2008 third quarter ended Sept. 28, net sales for Big 5 Sporting Goods Corporation declined 3.5% to $223.2 million while comps declined 6.6%, primarily due to a decrease in customer traffic. The declining results and tighter credit markets c
Deckers Discusses Broadening Product Line, Retail Plans at Annual Investor’s Day
Deckers Corp. laid out three main opportunities for growth of its juggernaut UGG brand at its annual investors’ day last week and provided updates on its plans for Simple, Teva and Tsubo. As expected, analysts focused much of their attention on how Decker
Sport Supply Group Reports Record Fiscal First Quarter Sales
Sport Supply Group, Inc. reported record sales of $73.6 million and diluted EPS of 35 cents for its first quarter ended Sept. 30 despite an increasingly troubled economy. Net sales grew 4.6% from $70.4 million to $73.6 million, while net income grew 23.6
