SGB Update Sports & Fitness
The TJX Cos. Sees March Comps Spike 12%
The TJX Companies, Inc. reported sales for the five-week period ended April 3, 2010, were $2.0 billion, up 19% over the $1.7 billion achieved during the five-week period ended April 4, 2009. For the nine-week period ended April 3, 2010, sales reached $3.4
Kohl’s Sees 22.5% Boost in March Comps
Kohl’s Corporation announced that total sales for the five-week month ended April 3, 2010 increased 26.4% over the five-week month ended April 4, 2009. On a comparable store basis, sales increased 22.5%…
JC Penney March Comps Climb 5.4%
J. C. Penney Company, Inc. comparable store sales increased 5.4% for the five-week period ended April 3, 2010. In last year’s March period, comparable store sales decreased 7.2%…
Internet Advertising Rebounded in Q4
Though U.S. Internet advertising revenues declined 3.4% in 2009 they hit a record $6.3 billion in the fourth quarter, marking a 2.6% increase year-over-year and a 14% increase over the third quarter of 2009, accoridng to the IAB Internet Advertising Reven
ASR Aligns 2011 Show Dates
Action Sports Retailer, ASR, announced 2011 dates with January 13th-15th as the dates for the ASR Access event and August 18th-20th for ASR Marketplace. The selected dates and the event's number of days, back to three, come in response to the industr
Power Plate Signs MLB Stars
Power Plate, the fitness equipment maker, has added Justin Morneau and Dustin Pedroia, the 2006 and 2008 American League MVP's, to its lineup of endorsers…
Pacific Sunwear Hires Senior Vice President, Retail
Paula Lentini has been hired as Senior Vice President, Retail, for Pacific Sunwear of California, Inc. Prior to Pacific Sunwear, Lentini was Vice President, Retail Sales and Operations for T-Mobile USA and was responsible for leading their multi-billion d
Dorel Secures $200 Million in Financing
Dorel Industries Inc. has secured new long-term financing by issuing $50 million of Series “A” Senior Guaranteed Notes and $150 million of Series “B” Senior Guaranteed Notes, bearing interest at 4.24% and 5.14%, respectively…
Delaware Jury Finds in Favor of Titleist in Patent Dispute
A long standing patent dispute has concluded with a Delaware courtroom finding in favor of the Acushnet Company, maker of the Titleist Pro V1 golf balls.
Mammut Continues to Grow U.S. Business
Mammut Sports Group continued to grow sales in the United States last year even as the overall market shrank, the Swiss outdoor sporting goods brand reported last week…
Gwen Manto Joins First Insight
First Insight, a retail technology company, has hired Gwen Manto as its chief customer officer. Most recently, she served as the executive vice president & chief merchandising officer of Dick's Sporting Goods…
Bike Industry Petitions Feds to Delay Third-Party Testing Deadline
The Bicycle Product Suppliers Association has petitioned the U.S. Consumer Product Safety Commission for more time to meet a third-party testing requirement established by a 2008 law – citing a continued lack of certified third-party testing labs…
Kwik Tek Acquires Sportsstuff
Kwik Tek Inc. last week acquired all assets of Sportsstuff Inc., which makes lake, pool, backyard and marine inflatable products. Terms of the agreement were not disclosed…
Orange 21 Narrows 2009 Loss Despite Steep Sales Decline
Orange 21's sales dropped 27.7% in 2009 to $34.2 million from $47.3 million in the prior year. The parent of the Spy Optic brand sustained a loss of $3.4 million for the year, compared to a loss of $15.2 million in 2008…
RECALL: Ardica Jackets
Ardica Technologies, in cooperation with the U.S. Consumer Product Safety Commission and Health Canada, is recalling 2,600 jackets and vests due to malfunctioning electrical connections inside the jackets and vests. The units can overheat, posing a burn
