SGB Update Sports & Fitness

Sportsman’s Warehouse to Emerge from Bankruptcy

Sportsman’s Warehouse, Inc. announced that the U.S. Bankruptcy Court for the District of Delaware has confirmed its Plan of Reorganization sponsored by an affiliate of Seidler Equity Partners, a private equity firm based in Southern California. The compan

Converse Nears $1 Billion Mark; Other Nike 10-K Notes

Converse widened its gap over the other brands in the Nike, Inc. subsidiary portfolio for the fiscal year ended May 31 and looks to be poised to reach the billion dollar mark in the current year. Converse posted a 12.6% increase in revenues for the fisca

PPR: Puma Second Quarter Sales Rise 4.4%

Puma AG's sales rose 4.4% to €595 million ($810 million) during the second quarter on a reported basis, according to the quarterly report of its parent, French-based luxury and retail conglomerate PPR SA. Operating income was flat for the period ver

Warne Scopes Mounts Announces Purchase of Bold Ideas

Warne Manufacturing, manufacturer of steel scope rings and bases as well as OEM components and assemblies for other companies, announced the acquisition of the aluminum products manufacturing facility Bold Ideas…

Golfmith’s Earnings Slide 21% in Second Quarter

Golfsmith International Holdings, Inc. reported second quarter revenues slid 11.7% to $114.8 million from $130.0 million a year earlier. The decline reflects 9.5% decrease in comparable store sales and a 28% tumble in revenues from its direct-to-consumer

Outdoor Retailer Show Sees Decline in Attendance

Outdoor Retailer said it “did see a dip in overall attendance” at its recent Summer Market show but the event still tallied more than 18,000 overall attendees (approx. 5,000 buyers)…

Profits at Steve Madden Jumps 59.1%

Steve Madden reported second quarter net sales increased 6.5% to $116.5 million. Net income jumped 59.1% to $12.1 million, or 66 cents a share, from $7.6 million, or 43 cents, a year ago…

OIA Board Members Urge Paddlesports Industry to Cooperate

At the Outdoor Retailer summer market show last week, Canoe & Kayak Magazine announced the 2010 launch of a new paddlesports-specific tradeshow in Minneapolis. A group of current and past OIA board members recently sent an open letter to the paddlesports

Cybex Retains Buffalo Communications to Publicize

Cybex International, Inc., manufacturer of premium exercise equipment for the commercial and consumer markets, has retained Vienna, Virginia-based Buffalo Communications (Buffalo) to provide publicity and media-relations services…

Head Sees 10% Decline in First Half Sales

Head N.V. said that for the first six months of the year, it expects net revenues at constant currency to be up to 10% below those achieved in the first six months of 2008…

SGMA: About Half of America Population Physically Active

While more than 170 million Americans are active in a fitness, team sports, recreational, or outdoor endeavor, nearly 45 million are only casually active and more than 60 million Americans are not active at all, according to the Sporting Goods Manufacture

ICAST 2009 Draws Record 7,400 Attendees to Event

The International Convention of Allied Sportfishing Trades (ICAST) drew a record 7,400 representatives from the global sportfishing community to its event in Orlando, Fla., July 15 – 17…

aboutGolf Re-Launches aboutGolf.com

aboutGolf has re-launched the original aboutGolf.com, announced aboutGolf CEO Bill Bales. aboutGolf, which has dedicated its entire 20-year history to golf, created the new Web site to put more information in the hands of the consumer…