SGB Update Sports & Fitness
The Time is Now
The world is changing, and changing fast. The planet on which hiking and skiing and surfing makes sense is suddenly turning into a different planet. Not in our children’s time, not in our grandchildren’s time. In our time, right now. As we watch…
Saucony Launches Web Site
Saucony, Inc. announced the launch of its newly redesigned website, saucony.com. The updated digital platform is a significant piece of Saucony’s multi-faceted, offensive marketing strategy…
Internal Medicine Study Reports Runners Live Longer
The study “Reduced Disability and Mortality Among Aging Runners: A 21-Year Longitudinal Study” published Aug. 11, 2008 in the Archives of Internal Medicine announced that regular jogging in middle age may reduce people’s risk of disabilities and help them
Nike Names VP of Product
Nike, Inc. promoted Eric Sprunk to the newly created role of vice president for product…
PowerBar First Annual “Specialty Retailer of the Year” Award Deadline Nears
In April, PowerBar announced the introduction of its first annual “Specialty Retailer of the Year” Award. Open to all independent sports specialty retailers…
Timberland Posts Q2 Loss; Revenues Decline 6.3%
The Timberland Company reported a second-quarter net loss of $18.9 million, or 32 cents a share, versus a loss of $19.2 million, or 31 cents, a year ago. Revenues declined 6.3% to $209.9 million as declines in casual footwear, Timberland brand apparel and
Rocky Swings to Profit in Q2
Rocky Brands, Inc. reported that net sales for the second quarter increased 2.9% to $60.5 million from net sales of $58.8 million in the second quarter of 2007. RCKY reported net income of $700,000, or 13 cents per diluted share, compared with a net loss
TJX Looking to Sell Bob’s Stores?
TJX Cos Inc., after long contemplating such a move, is looking to sell its Bob's Stores division, according to Bloomberg News. Potential buyers include Philadelphia-based private equity firm Versa Capital management, the business newswire said. TJX
Columbia Sportswear Posts Q2 Loss
Columbia Sportswear Company’s U.S. sales tumbled 18% in the second quarter as reduced consumer spending levels and tighter credit markets “caused retailers to request unusual and unpredictable levels of order delays and cancellations.” The company posted
Report: TJX Looking to Sell Bob’s Stores
TJX Cos Inc., after long contemplating such a move, is looking to sell its Bob's Stores division, according to Bloomberg News. Potential buyers include Philadelphia-based private equity firm Versa Capital management, the business newswire said…
Bad Boy Names Revgear US Distributor
Bad Boy has selected RevGear Sports to manufacture and distribute its MMA clothing, training gear, fight shorts, equipment, gloves and much more in the United States. Thagreement covers Krav Maga, Muay Thai, Kickboxing, Karate, Boxing and Taekwondo produc
Mervyn’s Faces Liquidity Crisis
Mervyn's LLC, the California mid-tier department-store chain, may be forced to file for Chapter 11 bankruptcy protection as some of its vendors have halted shipments to the company and key lenders have pulled financing, according to published reports
Kayak Importers Tighten Belts, Struggle with Pricing
Some kayak importers were scrambling more than usual to nail down prices and pre-season offers for the Outdoor Retailer show last week courtesy of a weak dollar and rising shipping costs. And there was not much consensus on how much prices will rise…
OIA and SIA Herald Tariff Relief Initiatives
Outdoor Industry Association (OIA) heralded the introduction of the Recreational Performance Outerwear Act of 2008 (H.R. 6483) on July 15, the first ever trade legislation specifically for outdoor performance apparel manufacturers…
Play it Again Parent Posts Q2 Gains
Winmark Corp., the parent of Play It Again Sports, reported net income for the quarter ended June 28 jumped 116%, to $930,500, or 17 cents a share, from $430,500, or 8 cents, a year ago. Revenues grew to $8.7 million from $7.6 million…
