SGB Update Sportsmans
Dick’s Sets Grand Opening Celebration in Chicago
Dick's Sporting Goods is inviting the city of Chicago to their three-day grand opening. The celebration runs Friday, June 13 through Sunday, June 15 at the new location at The Maxwell (1100 S. Canal Street)…
Respect Your Universe Raises $3.1 Million
Respect Your Universe, Inc., the MMA-inspired performance apparel brand, completed a private placement financing for gross proceeds of $3.16 million, priced at 10 cents per unit.It also appointed Marcello Leone as president…
Dan Marino Joins Concussion Lawsuit Against the NFL
Dan Marino, considered one of the greatest quarterbacks in National Football League history, has joined a player lawsuit suing the NFL over concussions…
Hoka One One Seeking to Revive High School Postal Runs
Hoka One One is seeking to revive two-mile “postal” competition at U.S. high schools this Fall in a bid to further the growth of American distance running…
Pacific Sunwear Reports Best Men’s Comps in 10 Years, Braces for Q2
After booking low-mid-single-digit comparable stores sales growth in the fiscal first quarter, Pacific Sunwear of California Inc. is bracing for a quarter of heavy discounting at the mall, particularly in women’s swimwear…
Remington Outdoor Q1 Results Hurt by Recall, Ebbing Firearms Sales
Remington Outdoor Company Inc. reported net sales declined $65 million, or 20.3 percent to $255.2 million in the first quarter, as an 18-month boom in firearms sales tapered off. Gross margin tumbled 1,200 basis points to 22.5 percent primarily due to a
Fewer Clearance Sales Hurt Tilly’s Q1 Traffic, Conversion Rates and Profits
Action sports retailer Tilly’s Inc. said a lack of clearance inventory hurt traffic in the highly promotional teen market in the fiscal first quarter, causing comp store sales, including Internet sales, to fall 6.8 percent…
Stable Step Acquires Archmolds
Stable Step, LLC, which owns the Powerstep brand, recently acquired Archmolds, LLC, a privately-held company. The acquisition of Archmolds, LLC will improve Stable Step’s orthotics offering to
existing customers…
Adidas AG Extends Glenn Bennett, Robin Stalker to 2018
The Adidas AG Supervisory Board extended the mandates of executive board members Glenn Bennett, responsible for global operations, and Robin Stalker, chief financial officer, by another three years beyond 2015 until March 2018…
NCAA and Pentagon Launch Landmark Concussion Research
The NCAA and the U.S. Department of Defense are embarking on a landmark $30 million initiative to enhance the safety of student-athletes and service members. Researchers will enroll an estimated 37,000 male and female NCAA student-athletes over the three
PSE Recalls Specific Crossbows
PSE is recalling 2,800 crossbows because they may fire without the trigger being pulled…
DSW Reports Promotions Dragged Down Fiscal First Quarter Sales
DSW Inc. reported sales decreased 0.4 percent to $599 million for the 13 weeks ended May 3, compared with last year's first quarter sales of $601 million amidst ''an aggressively promotional retail environment.'' Comparable sales
Gander Mountain Coming to El Paso
Gander Mountain is expanding its network of outdoor specialty stores with a new location in El Paso, TX, set to open in the spring of 2015…
Cablz Names New VP of Sales
Cablz eyewear retention has hired industry veteran Walt Bailey to a newly created position as its VP of sales…
Sierra Designs Names New Sales Agencies
Sierra Designs named the eight U.S. sales agencies that will support specialty outdoor retailers carrying its completely redesigned line of apparel, tents, sleeping bags and other gear…