SGB Update Sports & Fitness
Dick’s Sporting Goods Sees Slow Recovery
Dick's Sporting Goods is planning for a “very modest recovery going forward” but has some plans in place in case the turnaround gains momentum. Speaking at the Goldman Sachs Retailing Conference last week, CEO Ed Stack said, “We've got things in
Puma AG Issues Sustainability Report
Puma has issued its fifth sustainability report, which covers the reporting period 2007/2008 and details the company’s progress in enhancing working and social standards in its supply chain, building capacity at its suppliers’ factories, broad
NRA: Ammo Sales Restrictions, Gun Show Ban Moving Forward in California
The Senate gave final approval to Senate Bill 585 by a 21-18 vote, according to a release by the National Rifle Association. SB585 now heads to the desk of Governor Arnold Schwarzenegger (R) for his consideration…
West 49 Narrows Fiscal Q2 Loss on Comp Store Sales Decline
West 49 Inc. reported that net sales for the quarter decreased 3.1%, to CN$43.6 million ($38 mm) for the fiscal second quarter ended August 1. Comparable store sales at Canada's largest actions sports retailer decreased 4.7% on a consolidated basis,
SGMA Forms European Help Desk
SGMA has launched a new program, the SGMA European Help Desk, designed to assist member companies in improving their competitiveness in the European marketplace…
Spyder Appoints Backbone Media to Manage Public Relations
Spyder Active Sports Inc. has retained Backbone Media of Carbondale, Colorado to handle its public relations efforts…
Gap’s Piperlime.com Expands into Apparel
Piperlime.com, the Gap Inc.'s shoe and handbags e-retail site, is expanded its product offerings to women’s apparel…
Smith and Wesson Reports Q1 Sales Up 30% on Handguns, Tactical Rifles
Smith & Wesson Holding Corporation said net sales for the first fiscal quarter ended July 31, 2009 were $102.2 million, which was $23.8 million, or 30.3%, higher than net sales of $78.5 million for the first fiscal quarter last year…
Forzani Comps Fall 1% in Second Quarter
The Forzani Group Ltd. total revenue for the second quarter was up 0.3% from a year earlier and included an 8.1% gain in wholesale sales to third parties and the franchise network. Comparable store sales fell 1.0% during the quarter. Forzani slipped to a
CLC Forecasting Decline in Sales and Licensing Revenues for Year
Collegiate Licensing Company, which manages the trademarks of most major colleges, is forecasting retail sales of college fan merchandise could be down 7% this year from sales of $4.3 billion last year. In an interview with Reuters, Derek Eiler, SVP and
Quiksilver, Inc. Meets the Street in Fiscal Q3, Forecasts Loss for the Fourth Quarter
Quiksilver Inc. managed to show a small profit in its fiscal third quarter ended July 31, thanks to cost cutting efforts. But the company surprised Wall Street by forecasting a loss in the fourth quarter due to weakening sales and higher interest costs.
Wolverine World Wide Restructures Outdoor Group
Just before press time last week, Sports Executive Weekly learned that Wolverine World Wide is restructuring the reporting structure of its Outdoor Group. The main component of this restructuring was the appointment of Bill Dodge as vice president – produ
SGMA: Team Sports Impacted by Economy
According to recent research conducted by the SGMA, overall participation numbers in team sports are not as strong as they once were. The popularity of traditional team sports in the U.S. is being undermined by four key issues: the struggling U.S. econom
Cherokee Inc. to License JEM Sportswear
Cherokee Inc. entered into an exclusive agreement in the U.S. with JEM Sportswear for men’s and boy’s knit tops for its Sideout brand. JEM Sportswear, based in San Fernando, CA, currently has 35 active licensing deals with Disney, Hasbro, Fox,
REI Releases Stewardship Report
REI released its third annual stewardship report that provides an evaluation of the co-op’s social and environmental efforts in the 2008 calendar year…
