SGB Update Sportsmans
Asics Seeks Injunction and Damages From Skechers USA
Asics America Corporation and ASICS Corporation Japan announced that they have filed a lawsuit in the U.S. District Court, Central District of California against Skechers USA, Inc. for trademark infringement, unfair competition, trademark dilution and fal
Citi Trends’ Comps Climb 9.6%
Citi Trends, Inc. reported total sales in the first quarter ended May 1, 2010 increased 26.8% to $181.4 million compared with $143.1 million in the first quarter ended May 2, 2009…
Outdoor MandA Market Heats Up Again
With the improving economy, the floodgates appear to have opened for mergers & acquisition deals. So far, Black Diamond, Gregory, Lendal, Cloudveil and Isis have all found new owners since the start of the year after Yakima was acquired at the close of 20
Fox Factory OEM Sales up 63% in First Quarter
Fox Factory Inc., also known as Fox Racing Shox, swung from a loss in the year-ago quarter to nearly $3 million in profits in the first quarter this year on strong growth in sales as OEM sales to the mountain biking and motorsports industries rebounded…
RECALL: Niner Bikes
About 750 Niner Bikes are being recalled. A welding deficiency can cause the bicycle frames to crack along the welds of the front triangle of the bicycle…
RECALL: Rome Snowboard Boot Bindings
Rome Snowboards Co., in cooperation with the U.S. Consumer Product Safety Commission and Health Canada, voluntarily recalled 2,900 pair of boot bindings because the base plate on them can break at cold temperatures, posing a fall hazard to snowboarders.
Orange 21 Q1 Sales and Net Loss Both Expand
Orange 21 Inc., owner of eyewear brand Spy Optics, reported a 15.3% bump in sales that reached $8.3 million in the first quarter from $7.4 million in the year-ago period…
NSGA and SGMA See Industry Sales Recovery in 2010
The National Sporting Goods Association (NSGA) said it expects retail sales to climb 2% in 2010…
Shoe Carnival Posts Double-Digit Q1 Comp Store Sales Gain; Ups Guidance
Shoe Carnival Q1 sales climbed 13.2% to $189.5 million with same-store sales jumping 13.1% for the period…
Gildan Boosts Guidance on Record Q2 Sales
For the second consecutive year Gildan Activewear Inc. has released record financial results for the company’s fiscal second quarter ended April 4 and upped its sales guidance in response to the positive changes in market conditions…
Head NV Gets Q1 Boost from Racquet Sales Gain; Economy Hurts Diving Biz…
Head N.V. finished its first quarter with sales and earnings improvements in two of the company’s three main segments…
TAF Parent to Liquidate in Asset Sale
NexCen Brands Inc. said it agreed to sell its franchise businesses, which includes The Athlete's Foot and Shoebox New York, to an affiliate of private-equity firm Levine Leichtman Capital Partners for $112.5 million…
WTO Agrees to Probe EU Duties on Chinese Footwear
World Trade Organization judges agreed to investigate whether European Union anti-dumping tariffs on Chinese shoes unfairly harm China's exporters…
Saks Swings to a First-Quarter Profit
Saks Inc. reported net income of $18.8 million, or 11 cents per share, during the first quarter ended May 1, compared to a loss of $5.1 million, or 4 cents a share, a year earlier…
Western Mountain Resorts Grew Occupancy with Lower Rates this Winter
Year-over-year occupancy was up 1.4% and the average nightly rate down 5.8% for the 2009-10 snowsports season at more than a dozen western mountain resort destinations, according to the Mountain Travel Research Program (MTRiP)*…
