SGB Update Sportsmans
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…
SFIA Opens Call for 2014 Future Industry Leaders Scholarship Program
Applications are now being accepted for the 2014 Sports & Fitness Industry Association (SFIA) Future Industry Leaders Scholarship Program…
DSW Slashes Guidance on Lousy Spring
Blaming the weather and competitive discounting, DSW Inc. reported first-quarter earnings that fell well short of analysts’ estimates while slashing its guidance for the year. Women's shoes, which excludes boots and sandals, comped down 9 perce
PacSun Releases New Golden State of Mind Campaign
Pacific Sunwear of California, Inc. revealed the debut of a new Golden State of Mind campaign designed to support the brand position…
Belle International Sees China Slowdown
China's biggest shoe retailer Belle International Holdings Ltd reported net profit rose 1 percent to RMB 5.16 billion ($827 million) for the 14 months ended Feb. 28. Its CEO said the macroeconomic outlook for the next two years is not optimistic.”…
Charitable Impact of Nicklaus Golf Balls to Receive PR Support
Buffalo Communications has been selected by Nicklaus Companies to help the Nicklaus Children’s Health Care Foundation and St. Jude Children’s Research Hospital raise funds for pediatric programs…
