SGB Update Sports & Fitness
REI’s Gross Margins Hold on Solid 2012 Sales Growth
REI (Recreational Equipment Inc.) reported sales reached $1.93 billion for the year ended Dec. 31, 2012, up 7.3 percent from 2011. The nation’s largest retail cooperative said it would return $104 million in pre-tax patronage dividends to its member
Sherpa Adventure Gear Adds to Apaprel Design Team
Sherpa Adventure Gear has hired Drew Runberg to assist its apparel design and development team led by Amy Lietz Roberts.
Lafuma Postpones Stock Sale in Wake of Earnings Warning
The Lafuma Group put plans to increase its existing shares by up to 50 percent on hold after announcing revenues contracted substantially in the second quarter of fiscal 2012/13 and will significantly affect its results and asset values for the period. Th
L.L.Bean Ranks Highest in J.D.Power’s Customer Satisfaction Ranking
The website for outdoor retailer L.L.Bean, http://www.llbean.com, achieved the highest overall score among online apparel retailer brands in a recent report by J.D. Power and Associates. The report focused on customer satisfaction for online apparel retai
RECALL: 2,800 Magura Disc Brake Sets
Magura USA of Olney, IL is recalling about 2,800 bicycle hydraulic disc brakes because they can fail in low temperatures and pose a collision hazard. No incidents or injuries have been reported…
Pacific Sunwear Reports Q4 Loss
Pacific Sunwear of California, Inc. announced that net sales from continuing operations for the fourth quarter of fiscal 2012 ended Feb. 2, were $228.0 million versus net sales from continuing operations of $218.7 million a year ago. Comparable store sale
City Sports Announces Third Retail Location in NYC
City Sports announced that it will open its 22nd retail location in New York City's financial district this Tuesday, Mar. 26th. Coming on the heels of the successful re-location of their Chestnut Hill store in Boston, MA, the newest store will mark
Rocky Brands Donates More Than $100,000 To Give Breast Cancer The Boot
Rocky Brands said it has donated more than $112,000 to Susan G. Komen for the Cure in its effort to give breast cancer the boot…
U.S. Tourists Spent Less on Recreation in Fourth Quarter
Tourists spent less on recreation and entertainment in the United States in the fourth quarter and barely increased their spending on shopping even as their spending on lodging and restaurants surged, according to data released by the U.S. Department of C
Lululemon Lowers Guidance on Recall
Lululemon Athletica lowered its sales guidance for the first quarter after announcing a massive recall of a large portion of its yoga pants. The recall of the black yoga pants, which were unintentionally see-through, amounts to 17 percent of all women
Zoot Sports Appoints VP and General Manager
Zoot Sports, the maker of performance apparel, wetzoots, footwear and accessories, named Erik Vervloet as its vice president and general manager. Vervloet, who has worked as vice president of sports marketing for K-Swiss and most recently as chief marketi
NPS Approves Michigan Recreation Plan
The Department of Natural Resources announced the National Park Service has approved the department's 2013-2017 Statewide Comprehensive Outdoor Recreation Plan (SCORP)…
Two Ten Footwear Foundation Launches First National “Footwear Cares” Community Service Week
Two Ten Footwear Foundation announced that 60 footwear organizations have united in the industry’s first-ever National Footwear Community Service Week, Apr. 21-27, which coincides with National Volunteer Week. Footwear companies around the nation ch
Lululemon Recalls Black Ultra-Sheer Yoga Pants
Lululemon Athletica plans to recall a large portion of its yoga pants because they were unintentionally see-through. The recall of the black yoga pants amounts to 17 percent of all women's pants sold in its stores…
Black Diamond Sees Overhang of Winter Inventory Improving
Black Diamond, Inc. expects to end the year with less winter inventory thanks to a prolonged winter in much of North American and Europe and by aggressively moving discounted and discontinued skis, ski boots and other winter products through global cleara
