SGB Update Sports & Fitness
Germany’s Hiking Market Approaches Euro 3.7B
A study based on 7,500 interviews and commissioned by the German Hiking Association estimates the country's nearly 40 million hikes spend €3.7 billion a year on gear…
Steve Madden’ Q1 Sales Climb 23%
Steve Madden reported first quarter net sales increased 22.5% to $131.6 million. Retail comparable store sales increased 13.6% for the first quarter. First quarter net income increased 134% to $15.4 million, or 55 cents per diluted share, compared to $6.6
Cabela’s Plans Stores for Texas and Oregon
Cabela's plans stores for its third store in Texas and its first in Oregon…
Injinji Signs on The Summit Group and Sean Vill as New Sales Reps
Injinji, manufacturer of the Performance Toesock, said hired Sean Vill and Denise Vill-Olson to represent the company in the Pacific Northwest, including WA, OR, AK and northern ID, and The Summit Group, headed by Jim Kelly, to handle the Southeast, incl
Thule Sues Swiss Cargo Over Patent, Trademark
Thule has filed two lawsuits in US and Canadian Courts against Swiss Cargo and its parent company, GSC Technologies of Champlain, NY. The suits allege that Swiss Cargo represented Thule and Sportrack products as their own, which is a violation of U.S. and
Gander Mountain, YSSA Initiate Shooting Sports Loan Program
The Youth Shooting Sports Alliance (YSSA), in cooperation with Gander Mountain, a leading outdoor specialty retailer, is making selected shooting sports equipment items available on loan to qualified youth shooting sports programs…
ATK Partners with Duck Commander, Buck Commander Brands
ATK has announced a new partnership with the Duck Commander and Buck Commander brands…
Weyco’s Earnings Rise in Q1
Weyco Group, Inc. reported sales for the first quarter were $61.0 million, an increase of 4% from 2009 sales of $58.9 million. Net earnings for the quarter were $3.9 million, up from $2.5 million in 2009. Diluted earnings per share were 34 cents per sha
BLM Designates 2010 Free Days
In a bid to get Americans into the great outdoors and celebrate the 10th anniversary of the National Landscape Conservation System, the Bureau of Land Management (BLM) will waive visitor fees for a weekend in June, August, September and November…
Ruger Report 8.1% Q1 Sales Surge on Improved Sell-Through
Sturm, Ruger and Company reported net sales for the first quarter of 2010 were $68.3 million, up 8.1% from sales of $63.5 million in the year-ago period. Net income was $8.3 million, or 44 cents per share, as compared with earnings of $5.8 million, or 30
NSGA: Firmer Pricing Stabilized Footwear Sales in 2009
Sales of hiking shoes/boots declined 16% to $873 million in 2009, according to NSGA’s soon-to-be-released “Sporting Goods Market in 2010.” The study found that despite a 4% decline in unit sales, the overall athletic and sports footwear
NRA Backs 2nd Amendment Enforcement Act Introduced in U.S. Congress
The National Rifle Association announced its support for a legislation being introduced in Congress this week by Senators John McCain (R-Ariz.) and Jon Tester (D-Mont.), and Representatives Travis Childers (D-Miss.) and Mark Souder (R-Ind.)…
Sport Supply Acquires Coaches Sports Corner and Greg Larson Sports
Sport Supply Group, Inc. has acquired substantially all of the assets of Coaches Sports Corner, a regional team sports distributor based in Sandusky, Ohio, and certain assets of Greg Larson Sports, a national cataloger and regional team sports distributor
Under Armour Raises Guidance on Strong Direct Sales Growth
According to Under Armour, direct-to-consumer sales outpaced total sales nearly fivefold, pushing up margins and profits despite continued declines of its footwear line. The strong performance prompted the company to up its guidance for 2011 revenue growt
Gatorz Inc., Simo Holdings, Inc. Sign Merger Agreement
Gatorz Inc. and Simo Holdings, Inc. have signed an agreement and plan of merger and reorganization. The transactions contemplated by the Merger Agreement constitute the second stage of a transaction, the terms of which were originally announced by Gatorz
