SGB Update Sports & Fitness
Ortovox Named Official Supplier of Pro. Ski Instructors of America, American Association of Snowboard Instructors
The Professional Ski Instructors of America (PSIA) and American Association of Snowboard Instructors (AASI) have partnered with Ortovox USA, Inc. Ortovox, which has long supplied the PSIA-AASI Accessories Catalog with its avalanche transceivers, probes, s
Big Rock Sports Relocates Distribution Center
Big Rock Sports plans to relocate its Henry's Distribution Center to Hamlet, NC. This move will enable Big Rock Sports to expand from 170,000 square feet to 310,000 square feet of warehouse space. The new state-of-the-art facility will start receivin
Lakers’ Bryant Tops NBA’s List of Top Jersey Sales; LeBron Second
Los Angeles Lakers' Kobe Bryant has regained his spot on top of this year's list of most popular NBA jerseys. Bryant reclaimed the #1 spot, which he held in 2006-07, after being overtaken last year by the Boston Celtics' Kevin Garnett. The
Under Armour Beats the Street in Q1
Under Armour, Inc. got Wall Street excited again this week following the company’s report of first quarter results. Like the news media during a Barack Obama speech, analysts and investors were quick to buy into the numbers, conveniently ignoring the lac
Total Apparel Group Secures U.S. and Canada Licensing Rights for Kappa and Robe Di Kappa
Total Apparel Group, Inc., (TAG) a distributor and licensee of trademarks in the branded apparel, footwear and accessories sectors, today announced that it has been granted the U.S. and Canadian Master Licensing rights for the internationally popular Kapp
DSW Shoes Opens Store in Frederick, MD
DSW will open a new store in Frederick, MD on May 7. The store will be the 16th DSW location in the Washington D.C. market. The 17,000 square foot store in Frederick will offer women and men thousands of shoes in a contemporary setting…
Volcom Q1 Sales Slide 15%; EPS Plummets
Volcom, Inc. reported first quarter consolidated revenues were $68.3 million, a 15% drop from $80.6 million in the first quarter of 2008. Total revenues in the company’s U.S. segment, which includes revenues from the U.S., Canada, Japan and most other int
Teva Secures Two New Sales Agencies
Teva, a division of Deckers Outdoor Corporation, has hired Great Pacific Sales to represent the brand in Northern California and McG Sales to represent the brand in the Mid-Atlantic. Both sales organizations will report in to Jake Brandman, Teva VP of Dom
Secretary of Interior Creates Office of Youth
Secretary of Interior Salazar has created a new Office of Youth. The new office will coordinate a department-wide youth program to introduce young Americans from all backgrounds to the beauty, values and importance of our national parks and monuments, ref
Callaway Q1 Earnings Plummet in Tough Golf Market
Callaway Golf Company reported that net sales declined 25.8% to $271.9 million in the first quarter, compared to $366.5 million in Q1 2008. Net income fell 82.8% to $6.8 million, or 11 cents per diluted share, compared to $39.7 million, or 61 cents per d
Mammut Sports Group USA Brings On New Sales Team in the Mid-Atlantic
Mammut Sports Group USA has appointed Mountain Lake Marketing sales agency to represent the brand in the Mid-Atlantic region. The partnership marks another growth step for Mammut as the brand continues to gain market share in North America, with pre-seaso
Report: Foot Locker’s Serra May Retire Soon
The New York Post is reporting this morning that Foot Locker, Inc. Chairman and CEO Matt Serra may be ready to hang up his sneakers after nearly ten years at the helm. The Post said it had learned that Mr. Serra is “gearing up for retirement” and noted h
Rocky Q1 Revenues, Earnings Drop Despite Cost Cutting
Rocky Brands, Inc. said net sales for the first quarter of 2009 decreased to $50.1 million versus net sales of $60.5 million in the first quarter of 2008. The company reported a net loss of $1.1 million, or (20 cents) per diluted share versus net income o
L.L. Bean to Lay Off Over 200 Maine Employees
L.L. Bean Inc. plans to lay off 200 to 240 workers in Maine due to poor sales results, reported the Associated Press (AP). In a letter to its 5,400 employees Friday, the retailer said the voluntary retirement incentives it tried to enforce in February wer
Ruger Q1 Results Skyrocket on Increased Demand; Dividend Declared
Sturm, Ruger & Company, Inc. reported net sales of $63.5 million and earnings per share of 30 cents, compared with sales of $42.5 million and earnings per share of 7 cents in the first quarter of 2008…
