SGB Update Sports & Fitness
Cybex Sees 12% Q4 Sales Drop
Cybex International, Inc. reported sales for the fourth quarter of 2009 were $34.8 million compared to $39.3 million for the corresponding 2008 period, a 12% decrease. The fitness equipment company reported net income for the fourth quarter of 2009 of $1.
Boot Town Western Wearhouse to Liquidate
US Federal Bankruptcy Chief Judge Barbara J. Houser, approved the proposed Chapter 11 liquidation plan for Boot Town Western Wearhouse (BTWW Retail LP) at a court hearing in Dallas…
Wolverine World Wide Sees Growth Resuming in 2010 after Down Fourth Quarter
Wolverine World Wide’s fourth quarter profit fell on currency exchange impacts, restructuring costs, and a 9.7% sales decline to $312.5 million. But the company predicted a return to growth in 2010, citing a strong performance at its owned-retail bu
Ski Market Enters Final Chapter with GOB Sales
Ski Market, which filed for Chapter 11 bankruptcy protection on Dec. 29, 2009, in hopes of finding a buyer, has instead commenced liquidation of its stores. In a bankruptcy auction in Boston held Friday, Gordon Brothers Retail Partners LLC won the right t
Trek Bicycles Reaches Settlement with Former Racing Champion Greg LeMond
Trek Bicycles has come to terms with racing legend and three-time Tour de France champion Greg LeMond, over a lawsuit filed nearly two years ago. Under the terms of the settlement, Trek has agreed to make a pair of $100,000 donations to a charity called O
Timberland Fourth Quarter Earnings Soar Despite Flat Sales
The Timberland Company saw fourth quarter earnings jump nearly 70% despite flattish revenues as strong growth from the SmartWool brand and performance footwear were offset by declines in boots in North America and Asia…
OIA Topline Report: December Sales Slide 1%
The December 2009 edition of the Outdoor Industry Association (OIA) Outdoor Topline Report found that retail sales for all core outdoor stores combined (chain, internet, specialty) dropped 1% compared to last December, moving from $1.07 billion from $1.06
Stein Mart’s January Comps Slide 2.5%
Stein Mart, Inc.'s January same-store sales slid 2.5%. Total sales were down 4.9% to $63.8 million from $67.1 million…
Bon-Ton’s January Comps Climb 5.3%
The Bon-Ton Stores, Inc. reported comparable store sales increased 5.3% for the four weeks ended Jan. 30, 2010. Total sales for the four weeks increased 4.7% to $180.1 million compared with $172.0 million for the prior year period…
Rack1 Acquires Xtreme Whitetail Technologies
Rack1 LLC said it has acquired all the assets of Xtreme Whitetail Technologies, which manufacturers of whitetail deer attraction products and is currently based in Iowa…
Point6 Appoints Bill Post as President
Point6, the manufacturer of wool socks, plans to appoint Bill Post as its new president, effective March 1, 2010. Post most recently served as president and CEO of Nordica Apparel, and also served as president for Sport Obermeyer in Colorado…
Winchester Pledges Financial Support for the Congressional Sportmen’s Foundation
Winchester Ammunition recently committed $15,000 to help support the mission of the Congressional Sportsmen’s Foundation (CSF), which is committed to to providing a voice for all sportsmen and women in Congress to promote sportsmen’s issues wi
Lafuma Creates Mountain Division, Eyes U.S. Growth
The Lafuma Group in Europe has created a new 'Mountain Division' since the acquisition of Eider and Killy. The division which includes Eider, Killy and Millet will share sourcing, logistics, customer support as well as credit services…
China Protests EU Tariffs
China filed a complaint against European Union shoe tariffs at the World Trade Organization as Beijing continued its legal assault on what it says is unfair Western protectionism. Europe has grown increasingly concerned about China's balance of trade
Sport Chalet Collects Nearly 1MM Pairs of Shoes for Haiti Relief Effort
Soles4Souls, the shoe charity organization, said Sport Chalet has collected more than 950,000 pairs of shoes for Haiti Relief in two weeks since the program was launched. From January 14 through January 31, 2010, new and gently worn shoes were dropped off
