SGB Update Sportsmans
JC Penney 1Q Profit Rises 6.7 Percent
J.C. Penney Co.'s fiscal first-quarter earnings rose almost 7 percent. For the quarter ended April 30, Penney reported a profit of $64 million, or 28 cents a share, up from $60 million, or 25 cents a share, a year earlier…
Washington’s Discover Pass Becomes Law
Washington Governor Chris Gregoire signed legislation Thursday that will keep state park and recreation lands open with revenue from a vehicle access pass known as the Discover Pass. The pass, which goes on sale in mid-June at 600 sporting goods and other
74 Members of Congress Call for Reauthorization of Recreational Trails Program
The nation's leading trail organizations expressed appreciation regarding a new letter to key Congressional leaders, who are crafting a new national surface transportation bill that calls for reauthorization of the Recreational Trails Program (RTP)..
Gildan Activewear’s Q1 Earnings Climb 26 Percent
Gildan Activewear Inc.'s earnings rose 25.8 percent in the first quarter, to $61.4 million, as sales grew 17.4 percent to $383.2 million. The bottom line benefited from higher net selling prices for activewear and growth in activewear. Sales of activ
Electra Co-Founder and Creative Director Departs
Electra Co-Founder and creative director Benno Baenziger is leaving his position at the company this month. He will continue as a shareholder and member of Electra’s board of directors, while exploring new ventures. Benno started Electra in 1993 wit
Lenzing Q1 Sales Spike on Strong Demand for Cellulosic Fiber
Lenzing Group, the Austrian maker of cellulosic fiber, raised its forecast for 2011 after reporting record first quarter results attributed to rising global demand and a shortage of cotton…
USOC Awards License to PR Nutrition to Develop Energy Bars
The U.S. Olympic Committee and PR Nutrition, Inc. announced a multi-year licensing agreement in which PR*Bar will consult with USOC sports dietitians to create, develop and sell a line of Team USA performance nutrition bars. The deal marks the first time
Nine West Introduces Collection with Giles Deacon
Nine West, a division of The Jones Group Inc., announced the introduction of its “Shoelaborations” collection with designer Giles Deacon. Shoelaborations is a creative platform that seeks talented individuals doing original work and gives them the opportu
SCAPE Athlete Sunscreen Names Canadian Distributor
Nupur Formulations, Inc. in collaboration with Outside Labs, Inc. announced that Podium Imports will be the Canadian retail distributor to the independent sports specialty stores sector for Scape Athlete Sunscreen…
Life is Good Founders Receive Honorary Degrees
Bert and John Jacobs, co-founders and leaders of The Life is good Company, were awarded honorary degrees as Doctors of Entrepreneurship on May 6 at Northeastern University's 109th Commencement…
Big 5 Sporting Goods Q1 Results Hurt By Tough Economy, Rising Insurance Costs
High gas prices and unemployment are nibbling away at customer traffic to Big 5 Sporting Goods’ 396 stores, so the retailer will up its promotions in the second quarter…
Blacks Leisure Sees Light at End of Turnaround Tunnel; Hires New CEO
Blacks Leisure reported significantly lower losses for the 2011 fiscal year and said it was able to persuade lenders to extend banking facilities from December 2011 to November 2012 by recruiting a new CEO, who will take the helm late this summer as the B
New Balance Becomes Footwear Sponsor for MLB Umpires
New Balance announced that it will be the official on-field footwear provider of Major League Baseball Umpires…
Kate’s Real Food Adds Two to Sales Staff
Kate’s Real Food added Chris Rogers and Sarah Niklas to its sales staff effective immediately…
Bon-Ton Stores Says April Brought Heavy Mark Downs
The Bon-Ton Stores, Inc. said it was disappointed with its April results, which included comparable store sales growth of 5.1% and an increase in sales of 4.6%. The company's chairman indicated BONT had to mark down more goods than normal to move mer
