SGB Update Sports & Fitness
Foot Locker Cuts Q2 Guidance and Explores Strategic Alternatives
Foot Locker initiated several steps during Q2 that are designed to strengthen its business operations. Among those actions are merchandise inventory reduced through aggressive clearance strategy; additional U.S. stores identified for potential early closu
Largest Investor Latest to Take Issue with Everlast Sale…
Shortly following a letter sent by Aquamarine Capital Management to the Everlast Worldwide Board challenging the terms of the company’s sale to Sport Direct, the Board received a letter from the company’s largest independent stockholder, Burlingame Asset
Rocky Brands Q2 Revenues Limp Ahead 2.6%; Loss Expands…
Rocky Brands, Inc.'s Q2 sales increased 2.6% to $58.8 million from $57.3 million. A 16.6% increase in retail revenues offset by a 2.7% decrease in wholesale sales. It also showed a steeper loss due to weaker-than-expected wholesale revenues, increase
LaCrosse Footwear Q2 Income Slips on 14% Sales Gain
LaCrosse Footwear, Inc. second quarter consolidated net sales were $24.9 million, up 14% from $21.8 million in the second quarter of 2006.Operating income was $1.4 million in the second quarter of 2007, up 44% from $1.0 million in the second quarter of 20
Implus Footcare Acquires Sneaker Balls
Implus Footcare acquired Sneaker Balls, a patented shoe deodorizing product. “The Sneaker Balls acquisition further complements our commitment as a leader in the footwear accessory market,” said Todd Vore, Implus President. “We are excited to add Sneaker
Open Air Demo Relocates
Due to poor waterfront conditions at Willard Bay State Park, the 2007 Outdoor Retailer Open Air Demo will relocate upstream to Pineview Reservoir near Ogden, Utah. The event dates, August 7-8, 2007, will remain the same…
Total Luxury Group Signs Apparel Licensing Deal for Pony
Total Luxury Group, Inc. signed an exclusive licensing agreement for the Pony label for all men's and young men's apparel products, which covers the United States, Canada and Puerto Rico. Pursuant to the terms of the license agreement, Total Lux
Bushnell Acquired by Private-Equity Firm…
Bushnell Outdoor Products was sold from one private equity firm to another last week as MidOcean Partners acquired the optical and outdoor products firm from Wind Point Partners. Terms of the deal were not disclosed, but local papers reported the total e
Possible Port Strike Could Stymie Holiday Deliveries…
The Ports of Long Beach and Los Angeles currently face a strike that could send ripples throughout the sporting goods industry, causing late deliveries of fall and back-to-school product. The International Longshore and Warehouse Union threatened to hono
Crocs Inks MLB Licensing Deal
Crocs, Inc. has reached an agreement with Major League Baseball Properties that allows Crocs to license the names and logos for all 30 Major League Baseball teams and related properties with worldwide distribution rights. The products include a primary te
Weak Marine Sales Causes Brunswick to Lower Guidance…
Brunswick Corp. has lowered its guidance for the fiscal year to a range of $1.20 to $1.35 per diluted share from continuing operations due to lower production of marine products in the second half of 2007 as a result of continued weakness in retail market
FFR Sees Strong Attendance Growth…
With new show dates of September 16-18, 2007, FlyFishing Retailer total attendee registration is currently up 25% over last year, with retail store registration numbers also showing double-digit increases…
The Finish Line to Name Genesco Exec as President of Merged Company
The Finish Line, Inc. will appoint Robert J. Dennis, currently Genesco's president and COO, as president of the combined company, once the acquisition is finalized. Mr. Dennis will report directly to Alan H. Cohen, The Finish Line's CEO, and wi
The SportsOneSource Group Expands Business Development Team
In an effort to better service the needs of a growing and divergent client base, The SportsOneSource Group has added three solid industry professionals to its team. Susan Tauster has joined SportsOneSource as advertising sales manager for the Western U.S
Camelbak Better Bottle Wins Design Award
The CamelBak® Better Bottle™ joins product design heavyweights like Herman Miller, Apple, Sony and the BMW Designworks as winners in I.D magazine’s prestigious Annual Design Review. The CamelBak® Better Bottle™ won an Honorable Mention in the Consumer Pro
