SGB Update Sports & Fitness

Smith and Wesson Q3 Sales Surge 23.8 Percent

Smith & Wesson Holding Corporation reported that net sales from continuing operations reached $98.1 million in the third quarter ended Jan. 31, up 23.8 percent from a year earlier, thanks to strong sales of M&P handguns, M&P sporting rifles, and all Smith

Vail Resorts Lowers FY12 Guidance 12 Percent

Retail revenues at Vail Resorts, Inc. rose by $600,000, or 1.2 percent in the second quarter ended Jan. 31 as online sales offset a decline in brick-and-mortar sales – particularly at stores serving the snow-starved Lake Tahoe market area…

Bicycles Drive Profits at Dorel Industries in 2011

The success of Cannondale’s latest innovations helped propel Cycling Sports Group (CSG) to 25 percent sales growth in 2011, despite a decline in fourth quarter sales caused largely by the decision to ship new models a quarter earlier than last year,

Zumiez’s Q4 Profits Climb 25 Percent

Zumiez Inc. reported net income in the fourth quarter of fiscal 2011 increased 24.9 percent to $18.7 million, or 60 cents per share, from $15.0 million, or 49 cents, in the fourth quarter of the prior fiscal year. Total sales increased 17.7 percent to $18

Adidas Group Q4 Net Income Surges on Double-Digit Sales Gains

Adidas Group revenues grew 11 percent on a currency-neutral basis in the fourth quarter of 2011, with currency-neutral sales in the combined Adidas/Reebok Wholesale and Retail segments increasing 9 percent and 18 percent, respectively. Sales for Other Bus

Adams Golf Sees 12 Percent Revenue Gain in 2011

Adams Golf reported record net sales of $96.5 million for the year ended Dec. 31, 2011, as compared to $86.2 million for the year ended Dec. 31, 2010, an increase of 12 percent year-over-year. The company realized a net profit of $14.5 million, or $1.79 p

Ugg For Men Launches New Campaign

Building on the successful Fall 2011 launch of Ugg for Men and the company's first advertising campaign featuring quarterback Tom Brady, Ugg Australia sustains its momentum into Spring 2012 with an integrated creative campaign that introduces new pro

Kenneth Cole Productions Retains Financial Adviser

Kenneth Cole Productions Inc. said a special committee of independent directors has retained Bank of America Corp.'s (BAC) Merrill Lynch as an adviser to help the apparel maker evaluate a buyout offer from the company's founder…

Golfsmith Opens Large Experiential Golf Store in Chattanooga

Golfsmith is opening a new store in the Chattanooga market. The 15,750 square foot facility offers golfers the ability to try out equipment right inside one of the indoor, high-tech hitting simulators, or on the indoor putting green…

Merrell Launches Women’s-Specific Barefoot Website

Merrell unveiled a women's-specific online resource dedicated to educating and training women on barefoot running and fitness. The title of the site is “Pretty Strong,” captioned with “unleash your natural power, embrace your natural beauty,” bringin

Spalding Signs NBA Endorsers in Footwear Launch

Spalding announced Sacramento Kings' rookie Jimmer Fredette, Miami Heat guard Mario Chalmers and Washington Wizards’ rookie Chris Singleton have entered into marketing and promotional agreements with the brand. The three athletes will also supp

Industry Research Shows Merino Garments Biodegrade in Nine Months

Research commissioned by The New Zealand Merino Company has found that garments made of merino wool only take about nine months to biodegrade. The company commissioned the study in response to growing consumer demand for environmentally-friendly products.