SGB Update Sportsmans
Li Ning Sees Sales and Margins Sliding in First Half
Li Ning Co Ltd., China's biggest sporting goods maker, said it expected revenue to decline 5 percent in the first half of 2011 from a year ago as it moves to revamp distribution channels. In a filing with the Hong Kong bourse, the company also indica
Sports Authority Partners with Muzak on S.A. Elite Campaign
Sports Authority has partnered with Muzak to create and implement a promotional music download campaign to support the launch of the SA Elite brand, and introduce a sound system redesign initiative to ensure the optimal realization of the new concept…
Target’s Comps Climb 4.5 Percent
Target Corp. reported that its net retail sales for the five weeks ended July 2, 2011 were $6.23 billion, an increase of 5.7 percent from $5.92 billion for the five weeks ended July 3, 2010. On this same basis, June comparable-store sales increased 4.5 pe
Macy’s Ups Q2 Forecast on June Comps Growth
Macy's, Inc. again raised its guidance after reporting same-store sales rose a higher-than-expected 6.7 percent in June. The company now expects same-store sales to rise by approximately 6 percent in the second quarter, which would translate to same-
Kohl’s Comps Surge 9.2 Percent in June
Kohl's Corp. said that for the five-week month ended July 2, 2011 total sales increased 9.2 percent and comparable store sales increased 7.5 percent over the five-week month ended July 3, 2010…
Nordstrom’s June Comps Rise 7.9 Percent
Nordstrom, Inc. reported a 7.9 percent increase in same-store sales for the five-week period ended July 2, 2011 compared with the five-week period ended July 3, 2010. Preliminary total retail sales of $927 million for June 2011 increased 12.8 percent comp
Specialty Sports Venture Buys Assets of O2GearShop.com
Specialty Sports Venture, a wholly-owned subsidiary of Vail Resorts, Inc. has acquired the assets of Outdoor Outlet, LLC, a Wisconsin-based company that owns and operates O2GearShop.com, a rapidly growing online retailer of outdoor/snowsports goods and eq
WFSGI signs agreement with Messe MûnchenGmbH
The World Federation of the Sporting Goods Industry (WFSGI) extended its partnership with Messe Mûnchen GmbH (MMG), the organizer of the International Trade Fair for Sports Equipment and Fashion (ISPO)…
Mammut Acquires Snowpulse
Mammut has acquired 100% ownership of Snowpulse, a fellow Swiss company that makes one of Europe's leading air bags for surviving avalanches. Founders and former owners of Snowpulse SA, Yan Berchten, CEO, and Pierre Yves Guernier, CTO, will become em
Mobile Payments to More than Double in 2011
Juniper Research estimated that the total value of mobile payments for digital and physical goods, money transfers and NFC (Near Field Communications) transactions will reach $670 billion by 2015, up from $240 billion this year. The forecast represents th
Teko Socks Moves to Bozeman
Teko Socks is moving its U.S. operations from Boulder, CO to Bozeman, MT as part of a partnership with the Hyalite Outdoor Group…
Nfinity Athletic Relaunches Website
Nfinity Athletic Corporation re-launched its website, at www.nfinity.com…
Western Governors’ Push Outdoor Recreation
Outdoor Industry Association and REI praised the launch of “Get Out West,” an initiative announced by the Western Governors' Association at its annual meeting June 30. The initiative was championed by new WGA Chair and Washington State Gov. Chr
Fila Korea Inks Licensing Pacts Across EMEA
Fila Korea Ltd. signed a number of licensing partnership deals with companies in Europe, the Middle East and Africa to expand its overseas sales. The partnership deals come after Fila Korea in February 2011 acquired Integrix Sports Group Ltd., which held
Amazon Sends California Affiliates Termination Notices
Amazon.com on Thursday notified an estimated 10,000 affiliates in California that it was ending its relationship with them because Gov. Jerry Brown signed into law a bill that requires them and other out-of-state, online only retailers to begin paying sal
