SGB Update Sports & Fitness
Aldila Declares Special Dividend
Aldila Inc., the golf equipment company, said its board declared on Nov. 17 a special cash dividend of $0.25 per share to be paid on Dec. 17 to shareholders of record as of December 02, 2010…
Foot Locker’s Earnings Surge on 8% Comp Gain
Foot Locker Inc's third quarter sales increased 5.4%, to $1.28 billion from $1.21 billion in the year-ago quarter. Comparable-store sales increased 8.1% in the third quarter. Excluding the effect of foreign currency fluctuations, total sales for the
Authentic Brands Acquires Sinister MMA Apparel
Authentic Brands Group, which recently acquired the TapOut brand, has purchased Sinister, an apparel and accessories company with origins in the mixed martial arts space. Known for its early relationships with UFC champions like Chuck Liddell and Rampage
Dry, Warm October Reduces YOY Outdoor Product Sales 5.5%
Feeling the impact from the driest, warmest October in 18 years, outdoor product sales dipped 5.5% in October as most retailers sat on cold-weather footwear and apparel, according to retail point-of-sale data compiled by SportScanInfo for OIA VantagePoint
NSSF Membership Reaches 6,000
National Shooting Sports Foundation said 6,000 companies and individuals associated with the firearms industry have chosen to be part of the organization…
Lifestyle Retailer FIT3 Opens First Store; More Openings to Come
Fitness lifestyle retailer FIT3 officially opened its doors on Nov. 12 at Tyson's Corner in Washington, DC. FIT3 representatives call the retailer “the premier destination for fitness equipment, fashion, footwear and health related products” and add
Performance, Crankbrothers Organize Wheels4Life Auction
Performance Bicycle and Crankbrothers are auctioning off a high-end line of custom-built mountain bikes valued at $5,000 each to raise money fo9r Wheels4Life, a non-profit that distributes free bicycles to remote villages in the developing worlds…
Venue Padding Company Appoints Sales Member
Sports Venue Padding, a diversified manufacturer of safety padding to the professional MLB/MILB and University market, has appointed Robert Aylesworth to a newly-created position focused on their integrated safety padding line combined with direct-to-viny
Finish Line Partners with Google for Local Availability
Finish Line announced that it is participating in Google's new local availability feature. This new feature gives mobile and desktop users the opportunity to search for items they want and see immediately whether a participating retailer has the item
Loehmann’s Files for Bankruptcy
Loehmann's Capital Corp., the parent of the off-price chain, commenced voluntary “pre-negotiated” Chapter 11 proceedings in the U.S. Bankruptcy Court for the Southern District of New York…
Adidas Sues California Soccer Company for Infringement
Adidas filed a trademark infringement lawsuit in federal court in Los Angeles, accusing Conrad Asher Licensing Group Inc., or Gardena, CA, of infringing on its three-stripe mark…
Adidas Group Builds New Road for Growth
The Adidas Group launched an ambitious five-year program, entitled “Route 2015,” with a goal of expanding revenues by 45% to 50% over the next five years. At the same time, management unveiled a new U.S. growth program, “Generation U.S. 2015,” for the Adi
Head NV Capitalizes on Winter Sports Gains in Q3 But Earnings Tumble
Head NV saw continued strength in its key Winter Sports segment drive healthy growth for the three months ended Sept. 30, although profit slipped significantly as a result of certain expenses…
Sport Chalet Cuts Fiscal Q2 Loss
Sport Chalet, Inc.'s sales were flat in the fiscal second quarter ended Sept. 26, at $88.8 million. Gains in the West Coast retailer's team business and e-commerce divisions offset a 1.9% slide in same-store sales. The net loss was cut to $518,0
FansEdge Parent Cuts Third-Quarter Losses
Dreams, Inc., the parent of FansEdge.com, reported revenues were up 30.0% in the third quarter to $19.8 million, compared to $15.2 million generated in the same period last year…
