SGB Update

Mountain Equipment Discloses Contract Factories

Mountain Equipment Co-op, Canada's largest retail co-operative with over 2.9 million members, disclosed the names of factories that make clothing and gear under the outdoor retailer's MEC-brand label. With the move, MEC becomes the first Canadia

Fair Traders Pick Up 31 Seats in Congress

So-called “Fair Traders” have picked up a net increase of 31 seats in Congress, according to a report by Public Citizen's Global Trade. The report finds that Republicans have increasingly adopted fair trade platforms to fend off Democratic contenders

Deal Signed for Boscov’s Purchase

Boscov’s Department Store LLC signed an asset purchase agreement for the sale of substantially all of its assets to a family group, reported DNR. The family group involved in the purchase is led by former Boscov chairman Albert Boscov and former president

Lafuma Sales Rose 5.2% in Fiscal 2008

Lafuma SA reported revenues of €263.7 million ($396.6mm)for the fiscal year ended Sept. 30, up 5.2% from the €250.6 million ($333.5 mm) in the prior fiscal year. Excluding sales of its recently acquired Eider business, sales rose 2.9% to €255.0 million ($

Weakening Direct Sales Hinders Golfsmith in Q3

Due to a significant drop-off in direct sales and stiffening competition in the golf retail industry, Golfsmith International Holdings, Inc. struggled to generate sales growth for the third quarter…

West Marine Q3 Revenues Drop

West Marine had a difficult third quarter as sales declines through all three of its channels of distribution led to an overall net sales decline of 4.3%. Overall net sales totaled $180.3 million for the third quarter. Net income for the quarter dropped 4

Aldila Q3 Sales Drop 11%

Aldila, Inc. reported net sales of $11.8 million, down 10.8% from net sales for the year ago period. The golf company incurred a net loss of $1.1 million, or 21 cents a share, in the period. In the comparable 2007 third quarter, the company had net sales

TaylorMade-adidas Golf Sees Putters Drive Strong Q3

Currency-neutral sales for the TaylorMade-adidas Golf business grew 12% to €197 million ($297 mm) in the third quarter from €190 million ($261 mm) in Q3 last year. When measured in euros, sales grew 3.7% for the third quarter. Management noted that the co

Christy Sports Celebrates 50 Years of Business

Christy Sports said it's celebrating its 50th year of operation with special discounts, giveaways and an end-of-season anniversary ski party. Said Keith Liefer, COO of Christy Sports, “It's our birthday and we want to make sure that our custome

Speedo’s Revenues Sink 9.5% Due to Timing Shift

Third quarter wholesale revenues for Speedo fell 9.5 % to $25.1 million due to a decrease in sales to membership clubs, department stores, chain stores, mass merchandise and off-price channels, primarily due to timing of orders and shipments. These declin

Yue Yuen Reports 25% Sales Gain in October

Yue Yuen Industrial Holdings Ltd, the world's biggest sports shoe maker incorporated in Hong Kong, reported its sales revenue in October amounted to US $414.4 million, up 25% from US $351.9 million a year earlier…

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