SGB Update Sports & Fitness
West Marine Slims Loss Despite Comps Decline
West Marine, Inc. saw a net loss for the first quarter of $11.2 million, or 52 cents per share, compared to a restated net loss of $11.9 million, or 56 cents per share, for the same period last year. Net sales for the thirteen weeks ended March 31, 2007 w
Shertz Leaves MacGregor Golf
Dana Shertz has left MacGregor Golf to become Chief Operating Officer and Managing Partner at EnDev Enterprises LLC, a San Diego-based entertainment and real estate development group. Shertz was most recently COO and President of MacGregor Golf…
Wolverine Worldwide Gets Another Solid Quarter from Outdoor; Lifts Guidance…
Tim O’Donovan last week conducted his last analyst conference call as the CEO of Wolverine World Wide, Inc. as Blake Krueger, company president and COO, assumed the reins as CEO under a succession plan previously approved by the company’s board of directo
Liquidlogic and Legacy Complete Merger…
Liquidlogic and Legacy Paddlesports have completed their previously-announced merger. The close comes after months of discussion among the owners and their retailers. The business will now headquarter at the Legacy Paddlesports plant in Greensboro, NC, al
Gordon Brothers Group Acquires Rugged Shark Footwear
Gordon Brothers Group has acquired the brand and other assets of Rugged Shark, a line of footwear for boating and other outdoor uses. Terms of the transaction were not disclosed. The acquisition consists of assets and intellectual property, which include
Boix-Vives Retires from Quiksilver
Quiksilver announced in a filing with the SEC that Laurent Boix-Vives resigned from the Board of Directors. No other details were provided…
Element 21 Golf Adds to Board of Directors
Element 21 Golf Company added Mary E. Bryan to its Board of Directors. Ms. Bryan brings to e21 a multi-faceted 30 year background in the golf industry. Her experience includes 25 years on the LPGA and Senior LPGA Tours, TV/radio golf announcing on major n
RECALL: Life is good Kid’s Sweatshirts
The U.S. CPSC and the Independent Trading Co. of San Clemente, Cali. are recalling approximately 1,200 Life is good Children's Sweatshirts. The garments have a drawstring through the hood, posing a strangulation hazard to children…
Zumiez Continues Strong Comps Gains
Zumiez Inc. reported a 53.7% increase in sales for the month of March to $28.3 million from $18.4 million for the same period last year. The company's comparable store sales increased 17.0% for the five-week period, on top of a comparable store sales
J.C. Penney Posts 10.6% March Comps Jump
J. C. Penney Company, Inc. total department store sales increased 13.3% for March, and include results from seven new stores the company opened the first week of the month. Comparable department store sales increased 10.6%, compared to initial guidance fo
JJB Fiscal 2006 Sales Climb 8.7% on Replica Jerseys
JJB Sports reported that total revenue for the 2006 fiscal year was £810.3 million ($1.47 bn), 8.7% higher than the £745.2 million ($1.37 bn) reported in 2005. Total revenue from the Leisure Division increased 38.5%, which reflects in part the increase in
Gramicci Hires National and Global Sales Director
Gramicci apparel hired Matthew Kaseta as director of national and global sales. Kaseta, who has more than 20 years of sales and product management experience, has worked with internationally known brands including Bell Sports, Burton Snowboards, Reebok an
PPR Acquires Stake in Puma in Lead Up to Proposed Buy Out
After rumors swirled in the market late last week, Puma confirmed that French luxury goods company Pinault-Printemps-Redoute (PPR) had acquired the stake of Mayfair “Beteiligungsfondsgesellschaft” in PUMA and that the company made a voluntary public take-
Bass Pro Shops Launches RedHead Log Cabins
Bass Pro Shops has partnered with Barna Log Homes to offer an official line of RedHead log cabins. RedHead Log Cabins will be featured in Bass Pro Shops' fall catalog, beginning distribution in June…
adidas to Consolidate Distribution in Spartanburg, SC
The adidas Group will consolidate the adidas brand’s current apparel distribution center in Hebron, Ky., a footwear distribution center in Spartanburg, S.C., Reebok’s apparel distribution center in Memphis, Tenn., and Reebok’s footwear distribution center
