SGB Update Sports & Fitness
Lululemon’s Profits Grow Three-Fold in Q1
Lululemon Athletica Inc. reported revenue for the quarter increased 69.3% to $138.3 million from $81.7 million in the first quarter of fiscal 2009. Net revenue from corporate-owned stores was $115.6 million for the quarter, an increase of 58.5% from $72.9
West 49 Posts Q1 Loss, Comps Slid 2.6%
West 49 Inc., Canada's action sport retailer, sales increased 0.2% in the first quarter to Canadian $40.9 million (U.S. $40 million). Comparable store sales decreased 2.6%, with the core West 49 banner experiencing a decrease of 3.0%, compared to las
Foot Locker Introduces Military Discount Program
Foot Locker, Inc. announced its partnership with Veterans Advantage to honor all who serve the nation and their families with a 20% discount delivered online, by phone and through its stores in the U.S., Puerto Rico, the U.S. Virgin Islands, and Guam…
Polarmax Launches Sponsorship Team
Longworth Industries, parent company of Polarmax, XGO and PMX technical base layers, introduced the Polarmax Pro Staff of athletes. Current Pro Staff members include Dean Cummings, extreme skier and owner of H2O Heli Guidess in AK, John Fulbright…
Young Consumer Report: Measuring Effectiveness of Brands to Influence Purchases
Sure, they know your brand, but are they buying your brand? That’s the big question posed by The SportsOneSource Group in the 2010 Brand Strength Report as vendors look to measure their return on investment for marketing programs designed to build
Quiksilver Triples Fiscal Second Quarter Profits Despite Revenue Decline
Quiksilver, Inc. continued to move forward with solid profits in the company’s fiscal second quarter ended April 30 as net income surged 235% to $9.4 million, or 6 cents per diluted share, compared to $2.8 million, or 2 cents per diluted share, in t
JJB Sports Sales Decline 23% in Fiscal 2009
Citing poor retail locations and limited growth capability based on prior liabilities, JJB Sports posted retail sales of £361.1 million ($570.2 mm) for the 53 weeks ended Jan. 31, 2010. This represented a 22.6% drop from £466.6 million ($849.7 mm) in the
Pacific Market International Receives Equity Infusion
Pacific Market International (PMI), the Seattle-based owner of food and beverage brands Aladdin and Stanley, announced an equity partnership agreement with fellow Seattle-based investment company, the Joshua Green Corporation…
New Hampshire Ski and Snowboard Visits Diped 2.6%This Season
Ski NH estimated a total of 2,228,571 alpine skier and snowboarder visits, down 2.6% from the winter of 2008-09, which was the third best on record for skier visits in New Hampshire…
Report: Foot Locker Eyeing JJB Sports
Reports that Foot Locker Inc. is reviewing a possible acquisition or investment in JJB Sports sent shares of British retailer up, according to reports in British media…
Stage Stores Sees 2.9% May Comp Decline
Stage Stores, Inc. reported that sales for the four week May period ended May 29, 2010 decreased 0.6% to $116 million from $117 million in the prior year four week period ended May 30, 2009. Comparable store sales decreased 2.9% this year versus a decreas
BJ’s May Comps Up 11.3%
BJ’s Wholesale Club, Inc. sales for May 2010 increased by 11.3% to $871.9 million, from $783.4 million in May 2009. Comparable club sales for May 2010 increased by 6.8%, including a contribution from sales of gasoline of 3.3%…
Eastern Mountain Sports Partners with Adventureus.com
Eastern Mountain Sports has partnered with Adventureus.com to launch a new adventure travel feature (ems.adventureus.com) on ems.com…
GSI Commerce Acquires FetchBack
GSI Commerce Inc. announced its Marketing Services division has acquired FetchBack Inc., a Tempe, Arizona-based provider of retargeting solutions for more than 500 advertisers…
Big 5 SG Hopes to Continue West Coast Storefront Growth
Following up on a promising first quarter that saw the company post its biggest quarterly same-store sales gain since 2006, management for Big 5 Sporting Goods met with investors at the B. Riley & Co. Conference to discuss growth initiatives for the upcom
