SGB Update Sports & Fitness
MBT Names Former Timberland Exec as Interim CEO
Footwear innovator MBT said CEO Richard Litzel stepped down Nov. 3 to focus on the German markets and has been replaced on an interim basis by Ken Pucker, former COO of Timberland. Also joining the company is Marc Estor, who has been named as VP for sales
Columbia Sportswear to Cut U.S. Staff by 4%
Columbia Sportswear Company announced it will lay off 75, or 4%, of its 1,800 U.S. employees in response to an 11% decline in orders for Spring 2009…
Dick’s SG to Test Life Fitness Equipment in Northeast Locations
Dick's Sporting Goods will test an offering of Life Fitness cardio and strength equipment in 20 stores located in the Northeast. Dick's Sporting Goods is adding an expanded product line-up to include health-club quality products for the home…
Escalade Suffers Q3 Loss on Drop in Sporting Goods Revenues
Escalade, Inc.'s revenues for the third quarter dropped 32.8% to $40.8 million from $60.7 million in the prior year. ESCA posted a net loss of $1.4 million, or 11 cents per share, compared to net income of $3.1 million, or 24 cents, in the prior yea
Jarden Outdoor Ekes Out Q3 Sales Gain; Freezes Hiring
Jarden Corp.’s Outdoor Solutions segment, which includes Coleman, Pure Fishing and the former K2 Inc. business, reported net sales of $620.1 million for the third quarter, up 1.1% from comparable revenues of $613.1 million last year…
Callaway Third Quarter Sales Slump on Tough Year-Ago Comparisons
The difficulties of the general economy got to Callaway during the third quarter as the company posted its second consecutive year-over-year quarterly sales decline. Sales were down in nearly every region of the world with the exception of Japan, while al
Fleet Feet Sees 16.5% Q3 Revenue Gain
Fleet Feet, Inc.'s third quarter marked the best quarter in the company’s 32-year history, with retail sales totaling $24.8 million, up 16.5% over third quarter 2007. Year to date sales are up 17.8% through September 2008, with $67.5 million in reven
Puma Sales Increase 5.9% Currency-Neutral in Q3
PUMA’s brand sales, which include consolidated sales and license sales, reached €778.6 million ($1.07 bn) during Q3, rising 5.9% on a currency-adjusted basis or 3.3% in Euro terms. Consolidated sales in Q3 grew 9.2% to €712.7 million ($979.4 mm) on a curr
Soffe’s Q1 Revenues Jump 20.8%
Delta Apparel said sales of its Soffe brand climbed 20.8% in its first quarter ended Sept. 27, with all of its distribution channels achieving double digit sales growth. Overall sales in the Delta's retail-ready segment, which also includes the Junkf
NSGA Names Five to Hall of Fame
The Sporting Goods Industry Hall of Fame Committee has elected five new members to be inducted into the Hall of Fame next May, one retailer and four manufacturers. Hank Derleth, Ripon Athletic; the late Gerry O'Keefe, Spalding/Brunswick/PGA Victor/Sc
OIA Calls on Congress to Pass Affordable Footwear Act
In testimony submitted to the House Committee on Ways and Means, Outdoor Industry Association (OIA) urged Congress to consider the current and future economic challenges faced by the outdoor industry and encouraged enactment of a comprehensive package tha
Sport Chalet to Open 52nd Store in California
Sport Chalet, Inc. will celebrate the grand opening of a new 42,000-square-foot store in Concord, CA the weekend of Nov. 7-9. The Concord store at 1280 Willow Pass Road is Sport Chalet's 54th location and 42nd store in the California market…
Volcom Revenues Increase 23% in Q3
For the 2008 third quarter ended Sept. 30, 2008, Volcom, Inc. had total consolidated revenue increase 23% to $111.7 million, compared with $91.0 million in the third quarter of 2007. Total revenue in the company’s U.S. segment, which includes revenue from
Callaway’s Q3 Sales Down 10%
Callaway Golf Company reported net sales for the third quarter ended Sept. 30, 2008 were $213.5 million, a 10% decline from $235.5 million reported for the year ago period. Loss per share for the quarter was 12 cents as compared to diluted earnings per sh
Nike Expands Eco-Friendly Options To All Divisions
Nike, which has been offering its environmentally friendly Nike Considered Design products for several years now, says that for the first time, it will offer such products in all six of its divisions – basketball, running, soccer, women's training, m
