SGB Update Sports & Fitness
NSGA: Used Sports Equipment Purchases Fall Below $1 Billion
Consumers purchased $969 million in used sporting goods equipment in 2008, according to a report just released by the National Sporting Goods Association (NSGA). The used sporting goods equipment market had exceeded $1 billion the previous two years. Sale
National Park Service Will Waive Fees on Three Summer Weekends
Secretary of the Interior Ken Salazar announced that the National Park Service will offer three fee-free weekends this summer to encourage Americans seeking affordable vacations to visit these national treasures. There are 391 national parks located acros
Teens Like Sporting Goods Stores as Much as Mall
It wouldn’t come as a surprise to many that U.S. teens purchase more of their athletic footwear and apparel in mall specialty stores than the U.S. population as a whole, but teens are also far more likely to purchase those items in sporting goods stores t
Genesco Sees Q1 Sales Boost from Hat World and Journeys; Charges Sink Earnings
Genesco, Inc. exceeded internal forecasts in both sales and earnings for the quarter as strength in the company’s Journey’s and Hat World Groups boosted overall sales to $370.4 million. Overall same-store sales for the first quarter were up 2% on comps in
NSGA: 2008 Sporting Goods Sales Reach $53.4 Billion
In spite of a 16% surge in shooting sports equipment, retail sales of sporting goods (footwear, clothing and equipment) —which reached a record $53.5 billion in 2007—fell 1% in 2008 to $53.4 billion, according to the recently released National Sporting Go
Columbia Confiscates Counterfeit Products in Thailand
Columbia Sportswear Company said authorities in Thailand have confiscated more than 4,700 counterfeit Columbia products from four retail outlets and two related warehouses…
Stromgren Reiterates Legality of Girdles with Thigh Pads
In response to questions concerning the legality of thigh pads in an integrated football compression girdle following an April article in SGD TEAM Business magazine, Stromgren Athletics, a leader in football compression clothing and protective performance
Reports: Knight Rifles to Shutter Doors
Knight Rifles has announced to employees that it will shutter its doors, according to reports from several sources including The Outdoor Wire. The reports indicate the announcement was made Friday, May 29th, but the company's web site has no informat
Nfinity is Finalist for 2009 Business Innovation Award
Nfinity, the maker of women’s cheerleading, volleyball and basketball shoes, has been selected as a finalist in the 2009 American Business Awards. Nfinity is one of only seven companies up for the Business Innovation of the Year – Up to 100 Employees Awar
June 3rd Marks Inaugural National Running Day
June 3rd kicks off the inaugural National Running Day. Earlier this year, the U.S. running industry announced a unified effort to create a day to nationally and locally promote running as a healthy, easy, and accessible form of exercise. Few formal events
Sports Belle Files for Bankruptcy Protection
Sports Belle Inc., the sports uniform supplier, filed for Chapter 11 bankruptcy protection the U.S. Bankruptcy Court for the Eastern District of Tennessee. The filing comes after a fire in March 2008 destroyed its headquarters and main factory in Knoxvill
Nantahala Outdoor Center to Launch New Store in Gatlinburg, TN
Nantahala Outdoor Center is planning a major new outfitters store in Gatlinburg, tapping into the hub of one of the Smokies’ most bustling tourism markets. The Great Outpost will serve as a launching pad for whitewater rafting, whitewater and flatwater ka
NSGA: 2008 Sporting Goods Sales Reach $53.4 Billion
In spite of a 16% surge in shooting sports equipment, retail sales of sporting goods (footwear, clothing and equipment), which reached a record $53.5 billion in 2007, fell 1% in 2008 to $53.4 billion, according to the just released National Sporting Goods
Broder Bros. Completes Financial Restructuring
Broder Bros. Co., which distributes Anvil, Fruit of the Loom, Gildan, Hanes, Jerzees, adidas Golf and Champion product, has completed its previously-announced financial restructuring through the settlement of its private exchange offer…
Hibbett Sports Sees Strong Footwear Focus Net Strong Bottom Line Results for Q1
Hibbett Sports got a boost from strong early sell-through of footwear and accessories and benefited from slightly higher overall average selling prices to post a fairly solid first quarter, but trends slowed at the end of the period as the small market re
