SGB Update Sports & Fitness
Cabela’s and FLW Outdoors Form Major Partnership
Cabela's has formed a major partnership across all platforms of FLW Outdoors and its 189 tournaments, including a significant contingency award program. Terms of the agreement were not disclosed…
Urban Outfitters Third Quarter Comps Dip 2%
Urban Outfitters reported that total company net sales increased by 6% to $506 million for the fiscal third quarter versus the same quarter last year. Total company comparable store net sales declined 2%. Direct-to-consumer net sales jumped 21% and whole
TJX’s October Comps Surge 10%, Hikes EPS Guidance
The TJX Cos. reported sales for the four-week period ended Oct. 31, were $1.7 billion, up 15% over the $1.5 billion achieved a year ago. Consolidated comps increased 10%…
Crocs Q3 Revenues Inch Up on Direct Segment; Swings to Profit
Crocs, Inc. reported revenues for the third quarter ended Sept. 30 increased 1.7% to $177.1 million compared to revenues of $174.2 million in the year ago period, ahead of the company’s guidance for revenues between $150 and $160 million. The compan
Escalade Records Profit Despite Sharp Sales Drop
Escalade, Inc. reported net income for the third quarter of 2009 increased to $618,000, or 5 cents a share, against a loss of $1.37 million, or 11 cents, a year ago. Sporting Goods net revenues this quarter were down significantly compared with same quart
Nike Introduces N7 Collection
Nike Inc. will debut the Nike N7 Collection, a select range of performance footwear designed with the environment and the future of Native American communities in mind. The N7 Collection will be sold exclusively through 33 Nike Factory Stores in the U.S.
Osiris Shoes Names New CEO
Osiris Shoes named Tony Chen as president and CEO and Doug Weston as vice president. Chen and Weston are both founding partners of the company, and each have over twenty years of Action Sports and brand management. Chen previously served as the VP of Int
Deuter Names Dir. of Sales/Marketing
Deuter, makers of multi-use packs, announced the hiring of Christian Mason as director of sales and marketing. Mason comes to Deuter USA from Petzl America, where he most recently managed the headlamp division for the vertical and headlamp equipment manuf
Canada Goose Partners with Fairmont Hotels and Resorts
Canada Goose, the Canadian manufacturer of down-insulated outerwear, has partnered with Fairmont Hotels & Resorts, a leader in the global hospitality industry, for a global contract that will include the development and manufacturing of exclusive Canada G
Hillerich and Bradsby Found Liable for Player’s Death
A jury in Clark County, MT, found Hillerich & Bradsby Co., the parent of Louisville Slugger, liable for the 2003 death of an 18-year-old who was hit in the head by a batted ball. The jury awarded $850,000 to the family of Brandon Patch, the player who die
Adams Golf Settles Stockholder Class Action Litigation
Adams Golf has agreed to settle and resolve a stockholder class action lawsuit initially filed in June 1999 against Adams Golf, certain of its current and former officers and directors, and the three underwriters in Adams Golf's July 1998 initial pub
Volcom Starts to See Market Stabilize, but Q3 Weak
Volcom, Inc. management feels it has successfully weathered the economic storm to-date and Chairman and CEO Richard Woolcott believes “the skies are beginning to clear.” In a conference call with analysts, Woolcott said revenues derived from
Under Armour and IMG Form Partnership Around Measurement System
Under Armour and IMG Worldwide, announced an exclusive partnership highlighted by the development of a unique comprehensive athletic training platform that will establish a global measurement standard for improved sports performance, health and fitness ca
Dick’s SG to Open First Store In Washington
Dick's Sporting Goods plans to open its first Washington store at South Hill Mall in Puyallup next spring, according to the Seattle Times. The 60,000 square feet store covers space previously occupied by Circuit City and Linens 'n Things…
Golfsmith Q3 Sales, Earnings Down on Falling Tickets
Traffic levels finally evened out at Golfsmith International for the third quarter of 2009, but an increasingly wary consumer and a highly-promotional environment resulted in a lower average ticket, which in turn sunk earnings. Net sales for the golf reta
