SGB Update Sports & Fitness
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
Adrenalina Makes Bid for Pacific Sunwear in Bid to Rapidly Expand Concept
Adrenalina last Monday made an unsolicited offer to acquire much-larger rival Pacific Sunwear of California for about $295 million. But PacSun's board on Tuesday rejected the offer as “not in the best interests of the company's shareholders.”…
Acushnet Sees Third Quarter Hampered by Softening U.S. Sales
Despite promising returns from growing international markets, Fortune Brands’ Acushnet Golf continued to see sales slide for the third fiscal quarter ended Sept 30. Net sales fell 3.4% to $307.9 million from $318.6 million in the year ago period…
Columbia Pushing Ahead with Owned-Retail Openings as Retailers Cut Back Orders
Columbia Sportswear Company said net sales declined 4% in the third quarter as retailers cut their orders for the holiday season. The company said wholesale sales declined in the high-single-digits but were partially offset by a doubling of retail sales t
Adidas Implements Hiring Freeze to Battle Economy
Adidas Group Chairman Herbert Hainer e-mailed all employees Friday to say that, due to the troubled economy, the company is imposing a hiring freeze, cutting external meetings, seminars and consultants, and aiming to pare travel expenses next year by 15%,
Brunswick Names New VP of Corporate and Investor Relations
Brunswick Corporation has named Bruce J. Byots as vice president of corporate and investor relations. Byots will report to Peter B. Hamilton, SVP and CFO…
Brunswick Names New VP of Corporate and Investor Relations
Brunswick Corporation has named Bruce J. Byots as vice president of corporate and investor relations. Byots will report to Peter B. Hamilton, SVP and CFO…
Interbike’s OutDoor Demo East Has Successful First Year
Preliminary figures indicated that close to 700 retailers attended Interbike's first regional demo event, OutDoor Demo East, held October 21-22, 2008, at the Roger Williams Park in Providence, RI. More than 60 exhibiting company's booths, produc
European Outdoor Group Renews ispo Contract
The European Outdoor Group (EOG) recently renewed its contract with Messe München for the ispo winter fair. The EOG said it believes that it is vital for the outdoor industry to work closely with key trade fair partners and this contract “signals a new an
