SGB Update Sports & Fitness
Under Armour Posts Strong Q3, but Inventory, Slowing Sales Gains Create Angst…
Under Armour, Inc. shrugged off a very sharp increase in inventories a the end of the third quarter as a strategic planned increase, convincing Wall Street to give them some more time to prove out their model that has relied on very rapid sales growth sin
SIA Moves Trade Show to Denver for 2010…
SnowSports Industries America (SIA) will move its annual trade show to Denver from Las Vegas starting in January 2010. SIA has signed an agreement to hold the event in Denver for ten years. Speaking to BOSS , Bob Gundram, who is chairman of SIA's tr
Patagonia, prAna, REI, Nike and Timberland Earn Green Honors
Patagonia, prAna, REI, Nike and Timberland were ranked among the top ten retail frontrunners in leading the way toward sustainability at retail, according to Juice Energy, an electricity supplier with a focus on renewable sources. Others making the list w
OIA Calls for Ambassador and Innovator Award Nominees
Outdoor Industry Association is looking for nominations for the 2008 Outdoor Industry Ambassador Award and Outdoor Industry Innovator Award. OIA will present the awards at the Outdoor Retailer Winter Market in Salt Lake City, Utah. Open to anyone in the o
Louis Garneau Names U.S. Brand Manager
Louis Garneau USA has appointed Bernard Desrochers as the company's new brand/product manager based in the United States. Bernard Desrochers comes to Louis Garneau USA with over 20 years of industry experience that has stretched from working in Rese
20 Degrees North Inks Xterra Footwear and Apparel License
20 Degrees North has signed a licensing agreement with TEAM Unlimited to design, market and produce performance and lifestyle footwear, apparel and accessories under the Xterra brand name. All products – geared for the ageless, active-minded multi-sport
Billabong Completes South Africa License Acquisition
Billabong International Limited has completed the purchase of its formerly licensed business in South Africa. The agreement to undertake the acquisition was announced on June, 29 2007…
Pacific Cycles Q3 Earnings Decline as Sales Inch-Up
Dorel Industries Inc. third quarter revenue was $440.1 million, up slightly from $436.3 million last year. Net income for the three months was $26.4 million or 79 cents per diluted share, compared to $25.1 million, or 76 cents, a year ago. Pacific Cycle’s
Escalade Sports Supports Breast Cancer Awareness
Escalade Sports, in recognition of National Breast Cancer Awareness month, plans to donate ten percent of the retail price of every unit of its new Step Pink Special Edition Home Trainer to Susan G. Komen for the Cure to support breast cancer research. Th
Reef Promotes Marketing Directors
Reef, a subsidiary of VF Corp., promoted Lindy Williams to Girls’ Marketing Director and PJ Connell to Men’s Marketing Director. Said Kevin Flanagan, Reef VP of Marketing. “Both have been instrumental in growing Reef during the brand’s explosive year wher
L.L.Bean Earns Worker Safety Standards
L.L.Bean has become the 15th Maine employer to enroll in a program that lets companies develop and maintain employee protections beyond federal safety regulations. A ceremony on Tuesday marked the entry of L.L. Bean's Brunswick manufacturing facility
Nike Expands Soccer Footprint with Umbro Deal
It is ironic that in a week that saw American football invade London, as the New York Football Giants took on the Miami Dolphins in the first NFL regular season game outside the U.S., that an American company would reveal its plans to acquire the U.K.
GSI Commerce Sees 16% Q3 Revenue Jump…
GSI Commerce's Q3 revenues increased 16% to $137.3 million, with 36% growth in service fees and 8% growth in product sales. Merchandise sales increased 36% in Q3, on top of 84% growth last year. Sporting goods merchandise sales growth accelerated seq
Heelys Lowers Q3 Guidance; Opens Family Footwear Channel…
Heelys, Inc. decreased its sales and earnings guidance for Q3 citing increased ad spend, steps taken to reduce inventory in domestic distribution channels, and the company’s providing of “addition markdown assistance.”…
Columbia Sportswear Sees Tough 2008; Q4 Forecast Falls Short of Estimates…
Columbia Sportswear saw a slight up-tick in its top-line during the third quarter fueled by sales of Columbia brand sportswear, and Mountain Hardwear, which was partially offset by considerable declines at Montrail, Pacific Trail and at the company’s Euro
