SGB Update Sports & Fitness
New Store Profits Prompt Cabela’s to Accelerate 2014 Store Openings
Cabela’s executives said they will more than double their store expansion plans in 2014 after watching their next-generation stores continue to outperform larger legacy stores in the third quarter on sales per square foot, and profit per square foot
Deckers Outdoor’s Q3 Hit by Weakness at Ugg
Hurt by weaker sales of Ugg due to rising prices and warm weather, Deckers Outdoor Corp reported net sales in the third quarter fell 9.2 percent to $376.4 million compared to $414.4 million for the same period last year. Net earnings slumped 32.3 percent
Callaway Golf’s Losses Deepen in Q3
Callaway Golf Company reported its losses in the third quarter widened to $89.2 million, or $1.33, in the third quarter from $60.1 million, or $1.01, a year ago…
Iconix Acquires Umbro from Nike
Iconix Brand Group, Inc. signed a definitive agreement to acquire the Umbro brand and related intellectual property assets from Nike, Inc. for $225 million in cash. The transaction is expected to close by the end of the year…
Intersport Corp. to Acquire The Athlete’s Foot
Global Franchise Group, LLC said it reached an agreement to sell The Athletes Foot (TAF) to Intersport International Corp. (IIC). TAF currently has 430 franchisee-owned stores in 27 countries, including the U.S., Mexico, Peru, the United Arab Emirates, Ku
Merrell Partners with Mast General Store to Help Fight Hunger
Merrell and Mast General Store are joining forces to help fight childhood hunger in local communities. For each pair of Merrell shoes purchased at Mast General Store Oct. 14 through Oct. 31, Merrell will fill a pack with food to feed a child for a weekend
Rocky Brands Sees Modest Q3 Revenue Gain
Rocky Brands, Inc. reported net income in the third quarter nudged ahead to $5.4 million, or 72 cents a share, from $5.2 million, or 70 cents, a year ago. Sales gained 2.1 percent to $72.5 million from $71.0 million a year ago…
Prince Extends Multi-million Dollar Partnership With David Ferrer
Prince Global Sports, the tennis equipment and footwear company, has renewed a partnership with the second-highest ranked Spanish player and fifth in the world…
RECALL: Louis Garneau Sports Inc.’s Pulse LTD 2009 Bikes
FGL Sports of Canada is voluntarily issuing a targeted consumer recall of the Pulse LTD 2009 hybrid bicycle due to a manufacturing defect…
Life is good and Hallmark Announce Strategic Partnership
Life is good has partnered with Hallmark Cards, Inc., to produce exclusive co-branded cards and stationery products that will be available throughout the U.S., Canada and the Caribbean…
Jockey International Names New President
Jockey International Inc. appointed Byron Norfleet as president and chief operating officer, succeeding Ed Emma, who will become consultant to the CEO…
SylvanSport Names Sales and Operations Managers
SylvanSport has hired S. Peyre Cleveland at its new sales manager and Patrick Kennedy as operations manager. The newly created positions will support overall growth and new product launches in 2013…
“Wild” Author to Address The Conservation Alliance Breakfast at ORWM 2013
Author Cheryl Strayed will be the featured speaker at The Conservation Alliance Breakfast at the January 2013 Outdoor Retailer Winter Market. Strayed is the author of the acclaimed, #1 New York Times bestselling memoir, Wild. The breakfast, which is open
FedEx Forecasts 13 Percent Increase in Holiday Volume
For the overall holiday season between Thanksgiving and Christmas, FedEx forecasts more than 280 million shipments to move through its worldwide shipping networks. This would be a year-over-year volume increase of more than 13 percent compared to 2011 whe
Enve Composites Lands $1.3M in Incentives to Bring 324 Jobs to Utah
Enve Composites, Inc., which manufactures high end carbon fiber composite products for the cycling industry, has pledged to bring 324 new production jobs to Ogden, Utah over the next seven months in exchange for a state tax credit of up to $1.34 million..
