SGB Update

OR Summer Market Sees 12.4% Attendance Increase

The 25th Birthday of Outdoor Retailer Summer Market, which took place from August 10-13 in Salt Lake City, Utah, attracted 21,711 attendees from around the globe, an 12.4% increase in attendance from last year’s Summer Market. There were 967 unique exhib

RECALL: L.L. Bean Safety Harness

L.L. Bean is recalling the Summit Safety Harness, which was included in the accessory packet that came with the Summit Treestand, purchased sometime after June 2005. Summit Treestands, LLC has worked with the US Consumer Product Safety Commission (CPSC) t

Big City Mountaineers Has Successful OR of Fundraising

Big City Mountaineers raised an excess of $5,000 at OR Summer Market 2006 through numerous fundraising events.
Many outdoor manufacturers held events that either fully or partially benefited BCM, including: JanSport’s Shake ‘n Bake; Highgear’s Time for Te

Dick’s Sporting Goods Ups 2006 Guidance on Strong Q2

Dick's Sporting Goods net income for the second quarter increased 25% to $25.7 million and earnings per share increased 24% to 47 cents, as compared to prior year proforma net income of $20.6 million, or 38 cents per share. Earnings guidance provided

TJX Companies Posts Q2 Sales, Comps Gains

The TJX Companies, Inc. saw net sales for the second quarter of $4.0 billion, representing a 9% increase over last year, while comparable store sales increased 4%. Net income increased 24.7% to $138 million and diluted earnings per share were 29 cents, a

RECALL: Brunswick Chairs and Stools

Brunswick Corp. is recalling about 22,400 of its Frameworx Table Height Chairs and Bar Stools, because the down shaft on the seat plate assembly can fracture, which can cause an occupant of the seat to fall. Brunswick has received reports of 20 incidents

Bemis Adds to Sales Staff

Bemis Associates Inc. has appointed Arnie Liati to West Coast Sales Manager for the USA market. Liati
will be responsible for continued territory growth in the northwest and reports directly to Terry Ranney, Director of
Sales for Bemis…

Moretz to Merge with Gold Toe

Moretz, Inc. and Gold Toe Investment Corp. will combine, creating one of the largest global sock companies. The deal is backed by The Blackstone Group, a global private investment and advisory firm, which is acquiring Gold Toe and simultaneously facilitat

Li Ning Signs Shaq to Endorsement Deal

Li Ning Company Limited has signed a five-year agreement with Shaquille O’Neal which will see the pair jointly develop the LI-NING – SHAQ Series. The basketball product line will feature the professional endorsements of Shaquille O’Neal, including his im

Copeland’s Files For Chapter 11 Bankruptcy

Copeland’s Enterprises, Inc. filed for voluntary Chapter 11 Bankruptcy in the U.S. Bankruptcy Court, District of Delaware. The company, which also does business under the Copeland’s Sports and ShopSports.com banners, listed assets of $50 million – $100 mi

Newest IWHOF Inductees Announced

The newest class of inductees into the International Whitewater Hall of Fame (IWHOF) was announced at Outdoor Retailer's Summer Market exhibition in Salt Lake City. The class represents a diverse group of whitewater legends comprised of individuals

Golfsmith Q2 Slips into Red on Debt Reduction Charges

Golfsmith International Holdings, Inc. net sales for the second quarter increased 11.4% to $114.1 million compared with $102.5 million for the corresponding period a year ago. Comparable store sales for the quarter increased 3.0%. Golfsmith reported a net

Hibbett SG Lowers Q2 Guidance Despite 11% Sales Jump…

In a preliminary sales report, Hibbett Sporting Goods saw strong top-line results for the second quarter for fiscal 2007, but now expects to report net income per diluted share of 12 cents to 13 cents versus the previous guidance for the second quarter of

Sweden Leads Group to Reject EU Footwear Duties…

Thirteen European countries, led by Sweden, vetoed legislation that would place five years of anti-dumping duties on leather footwear produced in China and Vietnam. Unless other legislation is passed, this will now cause the current duties, designed to pr