SGB Update Sports & Fitness

Talking Growth at Thomas Weisel’s Consumer Growth Conference

At the Thomas Weisel Consumer Conference, executives began talking about ways to find growth for a change. While many cautioned that the market is not out of the woods yet and inventory and expense controls were in place, the execs appeared to agree that

Gander Mountain Intends to Go Private

Gander Mountain Co. board of directors has announced its intent to cease its public company status. GMTN’s board made the decision after concluding that the disadvantages of remaining an SEC-reporting company – including the costs associated with on

SGMA Moves Headquarters

The Sporting Goods Manufacturers Association (SGMA) moved its headquarters from Washington, D.C. to Silver Spring, MD…

Mountain Khakis Moves to New Warehouse Closer to Home

Mountain Khakis has opened a new fulfillment warehouse in Gastonia, NC, relocating their operations from a third party operation in Texas to their own facility within close proximity to their Charlotte office…

Market Looks at Issues and Opportunities as Inventories Shrink

Tough times call for prudent inventory management at retail. But is the industry overdoing it? As retailers work to keep inventories lean this year and focus on bottom-line profitability instead of just top-line growth, some are starting to get concerned

SGMA Moves Headquarters to Silver Spring, MD

The Sporting Goods Manufacturers Association (SGMA) moved its headquarters from D.C. to Silver Spring, MD. Tom Cove, president and CEO, told the Washington Business Journal, “The market has changed and we were moving in a different direction. We had a big

Blacks Leisure to Close 89 Stores

Blacks Leisure, the U.K. outdoor chain, announced plans to close 89 stores across the group that have not “traded profitably for years”. The firm, which operates Millets, Blacks and O'Neill shops, also said it plans to lay off 50 employees at its Nor

Sunice Names VP Design and Merchandising

Sunice, the technical outerwear brand, announced the addition of seasoned ski apparel design professional Grace A. Galdi to their team. Galdi has been named the vice-president of design and merchandising, snow for the brand…

Marketing Director Exits Zoot Sports

Elisette Carlston, Zoot Sports director of marketing, is leaving the company for personal reasons. Founder and CEO Brian Enge will assume a greater role over marketing…

Interbike’s Overall Attendance Down Slightly, Store Attendees Up

According to preliminary figures, total attendance at the just-concluded Interbike trade show reached more than 22,500, slightly down due to fewer exhibitor personnel. But the number of unique stores represented increased to more than 4,000 and the number

Nike Reports Q1 Sales Fall 12%; Futures Orders Down 6%

Nike, Inc. reported revenues for the first quarter ended Aug. 31 decreased 12% to $4.8 billion from $5.4 billion a year ago. Excluding changes in currency exchange rates, net revenue was down 7% compared to the same period last year…

California Firearms Groups Protest Anti-Gun Bills

The California Association of Firearms Retailers (CAFR) and the National Shooting Sports Foundation (NSSF) issued a statement advising legislators to veto three anti-gun bills in the state. The groups said lost retail sales in California are estimated at