SGB Update Sportsmans
Skullcandy’s First Quarter Earnings Increase on Strong Sales
Skullcandy Inc. reported that its first quarter net income for the three months ended March 31 rose 6 percent to $1.1 million, or 4 cents per share, from $1 million, or 8 cents per share, last year. Revenue rose 48 percent to $53.3 million from $36 millio
Sports Authority Supports Skin Cancer Awareness Month
Sports Authority has teamed up with the Melanoma Research Alliance (MRA) in recognition of May's Skin Cancer Awareness Month for the second year in a row…
Steve Madden Q1 Profit Up 22.5 Percent
Steve Madden reported first quarter net sales increased 60.5 percent to $266.0 million. First quarter net income increased 22.5 percent to $21.9 million, or 50 cents per diluted share, compared to $17.9 million, or 42 cents, in the prior year's first
Sally Grimes to Step Down from OIWC Executive Director Role
Sally Grimes has decided to step down as executive director of OIWC (Outdoor Industries Women's Coalition) after ten years. OIWC is working with The Forest Group to identify the next Executive Director…
Winmark Corporation Appoints New Director
Winmark Corporation has named Lawrence A. Barbetta to its board of directors. Barbetta is the chief executive officer of eLAB Analytics, a provider of cloud computing based industry-specific business intelligence applications…
Zumiez Delivers Double-Digit Comps in April
Zumiez Inc., the action sports chain, reported comparable store sales increased 10.1 percent for April on top of a comparable store sales increase of 17.5 percent in the year ago period…
Candian Tire Charity Launches $2M Fundraiser
Canadian Tire’s Jumpstart announced its One Million Red Balls campaign, which begins May 4 and culminates with the charity's fourth annual Jumpstart Day on May 26. The campaign aims to raise $2 million to help 20,000 children from low-income fa
Wolverine World Wide Acquires Collective Brands’ Performance + Lifestyle Group
Wolverine Worldwide has agreed to acquire Collective Brands' Performance + Lifestyle Group (PLG), which includes the wholesale and retail operations of the Sperry Top-Sider, Saucony, Stride Rite and Keds brands, for $1.23 billion. Investment firms Bl
Action Sports/Apparel Lawyer Joins SDSI Advisory Board
Bill Walton, Executive Chairman of SD Sport Innovators (SDSI), announced Jason Femrite to the SDSI Advisory Board. Jason is a partner in the Action Sports and Apparel Group of the San Diego-based law firm Procopio, Cory, Hargreaves & Savitch LLP…
Sears’s Q1 Comps Decline 1.3 Percent
In advance of its annual meeting of shareholders to be held on May 2, 2012, Sears Holdings Corporation announced its expected first quarter ended April 28. Sears' Domestic operates experienced an 1 percent comparable-store decline. Sears Domestic ach
Finish Line to Add More Than 300 New Jobs at Indianapolis Headquarters
The Indiana Economic Development Corporation, together with The Finish Line, Inc. announced the company's plans to expand its operations in Indianapolis, creating up to 327 new jobs by the end of 2015. The hirings will supports its omni-channel strat
Taurus Aquires Heritage Manufacturing
Taurus, the manufacturer of firearms, has acquired Heritage Manufacturing, Inc. of Opa Locka, FL, which produces the Western Single Action Revolver. Terms of the transaction are undisclosed…
Adidas Marketing Exec Sent to Prison in Fraud Scheme
Britney Obstar, a former marketing manager at Adidas, was sentenced today by United States District Judge Garr M King to serve one year and one day in prison for orchestrating a fraud scheme that resulted in a $336,000 loss to Adidas. Judge King also orde
Shimano’s Revenues and Profits Surge on Warm Q1 Weather
Shimano Inc. reported sales rose 22.7 percent in its first quarter ended March 31, to ¥62.5 billion ($756.3 mm) while net income vaulted 217.2 percent to ¥7.0 billion ($84.7 mm). Benefiting from a mild winter in the U.S. and Europe, both its cycling and f
Columbia Sportswear Fined for Mislabeling Pesticide-Treated Apparel
Columbia Sportswear Company had to relabel several shipments of pesticide-treated apparel and pay a $22,880 fine after being found in violation of federal pesticide rules, according to a settlement with the U.S. Environmental Protection Agency…
