SGB Update Sports & Fitness
Wolverine World Wide Appoints Gromek to Board
Wolverine World Wide, Inc. appointed Joseph R. Gromek to its board of directors. Gromek, 61, is president, CEO and Director of The Warnaco Group, Inc., which produces the Speedo swimwear brand as well as Calvin Klein jeans and underwear. Gromek previously
Crocs Stock Plummets on New Estimates
Shares of Crocs' stock slid more Wednesday, falling below $10 after yesterday's Tuesday's news that it lowered its first quarter revenue guidance to $195 million to $200 million and said it expected to break even or lose up to 5 cents per d
Phoenix Footwear Q4 Sales Down, But Net Loss Slims
Phoenix Footwear Group, Inc. reported a 3.2% decrease in net sales from continuing operations for the fourht quarter to $19.4 million from $20.1 million last year. Sales of Tommy Bahama products grew by 99% for the quarter. Net loss for the quarter totale
Patmore Returns to Hi-Tec
Duncan Patmore will be rejoining Hi-Tec Sports PLC, where he previously worked for 11 years in sourcing and developing its line of golf shoes. His new role as Hi-Tec’s product and marketing director will mainly focus on the brand’s global product developm
K2 Moves Tubbs Marketing to Seattle
K2 Sports plans to relocate Tubbs Snowshoes marketing operations into K2's Seattle global headquarters. Tubbs's customer service, credit, distribution, development and manufacturing operations were previously integrated into the K2 Sports organi
Delta Expects Q3 Loss on Retail Weakness
Delta Apparel, Inc. expects a loss in the range of 5 cents to 7 cents a share in its third quarter – including a 7 cents a share restructuring charge – on revenue of approximately $75 million…
Outdoor Foundation Gets New Name and P.R. Firm
The Outdoor Industry Foundation has changed its name to The Outdoor Foundation and contracted Verde PR & Consulting to provide public relations, marketing, strategic planning, social media outreach, and event support…
Massey’s Adds Fourth Location in New Orleans
Massey’s Professional Outfitters celebrated the grand opening of their fourth location in the heart of Katrina-ravaged New Orleans. The store is in a restored 28,000-square-foot 1907 warehouse which had sat vacant since it was abandoned and flooded under
Half-Moon Opening 3 New Stores
Charleston, S.C.-based Half-Moon Outfitters has added staff at a new LEED-certified warehouse to prepare for the addition of two stores in Georgia and a third in Charleston. The company has chosen neighborhood and urban locations where Dick's and REI
Teva Opens Mountain Games to Amateurs
The Teva Mountain Games, billed as the nation's largest outdoor adventure sports festival, has added an amateur category to the GNC Ultimate Mountain Challenge. Launched in 2007, the GNC Ultimate Mountain Challenge is a grueling two-day test of athle
New Balance Sponsors ZOOMA Race Series
New Balance has become the presenting sponsor of the 2008 ZOOMA Women's Race Series, a new national series of women's running events. New Balance will provide all 2008 ZOOMA race participants with performance apparel and will participate in the
Delta Expects Q3 Loss; Misses Guidance
Delta Apparel, Inc. expects fiscal third quarter revenue to be approximately $75 million with a loss per diluted share in the range of 5 cents to 7 cents. These preliminary results compare to the company’s prior expectation of third quarter revenues betwe
Escalade Sports Sees 14% Decline in Q1 Sales
Escalade, Incorporated recorded a 13% decline in first quarter net sales, while switching to a net loss of $0.8 million compared to a gain for the same quarter last year of $1.1 million. Earnings per share for the first quarter was a loss of 7 cents compa
Nordstrom’s March Comps Tumble 9.1%
Nordstrom, Inc. reported March sales declined 6.7% to $750 million for $803 million a year ago. Comps decreased 9.1%…
Neiman-Marcus Recors Slight Rise in March Comps
Neiman Marcus, Inc. reported comparable store sales rose 0.4% to $425 million for fiscal March. Overall net sales increased 1.8% to $430 million for the month from $423 million last year. In the five-week March period, comparable revenues in the Specialty