SGB Update Sports & Fitness
YogaDirect Becomes Preferred Yoga Supplier for Lady of America
YogaDirect.com is teaming up with the Lady of America Franchise Corporation, one of the largest influences in women’s fitness in North America…
Sports, Inc. Industry Grants Total $430,000
Since 1997, Sports, Inc. has invested $430,000 through its membership across the United States to fund sports related facilities and programs. The funding program, which is called the “Sporting Chance Award”, is given each year to two the Sports, Inc. me
Audobon Society Honors REI’s Sally Jewell
The National Audubon Society recently honored Sally Jewell, president and CEO of Recreational Equipment, Inc., at its sixth annual Women In Conservation Luncheon in the Plaza Hotel in New York City. In a statement, Audubon noted that REI is “dedicated to
Zumiez Q1 Comps Drops 15.3% with 2.4% Slide in Net Sales
Zumiez Inc. said total net sales for the first quarter ended May 2, 2009 decreased 2.4% to $76.8 million from $78.7 million reported in the first quarter ended May 3, 2008. The company posted a net loss for the quarter of $1.7 million or 6 cents per dilut
First-Quarter Profits at Target Decline 13%
Target Corp's first-quarter profit declined 12% to $522 million, or 69 cents a share, from $602 million, or 74 cents a share. But results were well ahead of Wall Street's consensus estimate of 60 cents due to limited markdowns and controlled ex
The Buckle’s Q1 Earnings Jump 44%
The Buckle's first-quarter profit rose 44% on a 25 percent jump in sales. Earnings reached $26.9 million, or 58 cents per share, in the quarter ended May 2, up from $18.7 million, or 40 cents per share, a year earlier. Revenue rose to $199.7 million
2009 PGA Fall Expo Promises to Reduce Costs, Adds Efficiencies
Lower participation costs for both exhibitors and buyers; increased exhibitor efficiencies; and an entirely new approach to a buyer-centered show floor are the primary initiatives launching at the 2009 PGA Fall Expo, Sept. 1-2, at the Mandalay Bay Convent
Cabela’s Store Opens in Billings
Cabela’s Incorporated reported that a crowd estimated at 3,500 was on hand for the ribbon-cutting and grand opening of the Cabela’s store in Billings on May 14. The ceremony kicked off 18 days of Grand Opening events at the new 80,000-square-foot supersto
Outdoor Retailer Plans Cost Savings for Upcoming Shows
The organizers of Outdoor Retailer sent out a letter addressing a number ways its reduce costs and improve the value of its trade show for both exhibitors and attendees. The letter also summarizes key results from a January 2009 survey of more than 1,500
Bike Industry Wins Two-Year Stay on Lead Law
The Consumer Product Safety Commission last week denied the bike industry’s petition to exclude children’s bikes from a strict new lead law but granted a two-year stay of enforcement, giving manufactures a bit of breathing room to figure out how to best c
Sports Supply Sees Fiscal Q3 Profits Rise Despite Sales Dip
Despite a 3.1% dip in sales, Sport Supply Group reported third quarter earnings rose 3.9% to $3.5 million, or 27 cents a share, from $3.4 million, or 25 cents per share, as the company tightened its cost controls. Net sales for the third quarter ended Mar
Nike, Inc. to Cut 5% of Workforce; 500 Affected in Beaverton
Nike, Inc. has issued a press release upon completion of its workforce review. As previously stated, Nike, Inc. began a global workforce review in February regarding the company's objectives to enhance its consumer focus, speed decision making and cr
FIFA/Kappa Licensee Establishes Offices in New York and L.A.
Total Apparel Group, Inc., which was recently selected as the official U.S. Master Distributor of FIFA and FIFA World Cup licensed product, has opened new locations in New York and Los Angeles. In an effort to manage the sales and marketing requirements f
Elk Foundation CEO Signs Contract Extension
Rocky Mountain Elk Foundation President and CEO David Allen will remain at the organization's helm at least through August 2014, following a new five-year contract extension from the RMEF board of directors. Allen has held the position since late 200
Cabela’s Holds Grand Opening for Billings Store
Cabela's is planning an 18-day celebration beginning Thursday, May 14, to open its new 80,000-square-foot superstore in Billings, Montana.The event features a lineup of giveaways and celebrity appearances…
