SGB Update Sports & Fitness
Gildan Fiscal Q3 Earnings, Sales Fall on Weakness from Activewear/Socks
Gildan Activewear, Inc. said significant weakness from its underwear and activewear segments were the primary catalysts for slumping sales and declining earnings for the third fiscal quarter ended July 5…
Mizuno Corp. Fiscal Q1 Profits Halved on Global Revenue Declines
Mizuno Corporation got little help outside of its native Japan in the fiscal first quarter ended June 30 as all non-domestic regions posted strong double-digit declines for the period. Total worldwide revenues declined 9.3% to ¥40.9 billion ($420 mm), co
The Paddlesports Trade Show Debate Updated
Some of the biggest buzz at the Outdoor Retailer Summer Market event had nothing to do with new product introductions. Early in the show, Jim Marsh, publisher of Canoe & Kayak magazine, announced his intent to launch a new paddling trade show (see BOSS_09
RSR Group Makes Sales Management Team Changes
RSR Group, Inc.said Wes Knight was recently promoted to National Sales Manager and Charlie Eklund has assumed the Assistant National Sales Manager position…
U.S. Fish and Wildlife Service Announces Proposal to List Seven Foreign Bird Species
The U.S. Fish and Wildlife Service has announced a proposal to protect seven Brazilian bird species as endangered under the Endangered Species Act (ESA). If made final, the measure would extend ESA protection to these species. The decision by the Service
Mountain Hardwear Opens Store in Tokyo
Mountain Hardwear Inc. will open a store in the exclusive Harajuku neighborhood in Tokyo, Japan, showcasing Mountain Hard Wear apparel and equipment and Montrail footwear. The new store is Mountain Hardwear’s third company-owned branded store worldwide…
New Era Cap Acquires 5th and Ocean
New Era Cap Co., Inc. has acquired 5th & Ocean, the privately held licensed sports apparel manufacturer in Miami best known for its women's styles. The acquisition is expected to help New Era further expand into sports and fashion apparel. Terms were
Phoenix Footwear Widens Q2 Loss
Phoenix Footwear Group reported a net loss of $5.11 million, or 63 cents per share, for the second quarter ended July 4, 2009, compared to $2.16 million, 26 cents per share, in the second quarter of fiscal 2008…
Riddell Sports Extends NFL Licensing Agreement
Riddell Sports signed a multi-year extension to its existing licensing agreement with the National Football League (NFL)…
Cabela’s Credit Card Business Weakens
According to a filing with the Securities and Exchange Commission, Cabela's Inc. said its credit card business' gross charge-offs rose in July. Gross charge-offs — accounts receivable that will likely not be collected and be written off — rose
CPSC to Enforce New CPSIA Requirements for Children’s Products
On August 14, 2009, new requirements of the Consumer Product Safety Improvement Act (CPSIA) will take effect that are aimed at making children's products safer and increasing consumer confidence in the marketplace…
Runner’s World Launches iPhone App to Drive Traffic to Local Specialty Shops
Runner’s World will bring its shoe guides to a new iPhone application. The Nike-sponsored “Runner’s World Shoe Shop” is a one-click concierge service that offers reviews from the RW Shoe Lab, shoe-buying advice, and the ability to purchase shoes at a loca
Millet to Launch Rope Recycling Program
Millet has teamed up with the polyamide recycling company, Rhodia to develop a system for recovering and re-using polyamide waste. Consumers are asked to return used ropes to retailers in exchange for a discount on a new Millet rope. Any brand of rope
Crocs and AVP Tour to Part Ways
AVP Pro Beach Volleyball and Crocs Inc. will part ways in 2010 after a longstanding partnership. Crocs has bought out the remainder of its contract with the domestic professional beach volleyball tour…
Shimano Feels the Effects of Global Recession in First Half
Shimano Inc. reported that the impact of the global recession and the pressure to reduce inventories has caused its bicycle components business and fishing tackle business to suffer from lackluster sales for the first half of 2009 ended June 30. As a resu
