SGB Update Sportsmans
The Buckle Sees Online Transactions Boost Third Quarter Sales
The Buckle, Inc. continued to bury its competition, posting impressive results in an otherwise dreary retail third quarter as the self-described “denim destination” continued to ride strength from online sales and growing comps. Net sales for
Adidas to Make Euro 1 Sneakers
Adidas has reached an agreement to make €1 sneakers for millions of people around the world who cannot afford to buy shoes, with pilot production to begin next year in Bangladesh. The move, according to the Daily Telegraphy, was inspired by Banglade
Pheasants Forever Adds Conservation Program Experts in North Dakota
Pheasants Forever is expanding its Farm Bill Biologist program in North Dakota with the addition of two new positions created in partnership with the U.S. Department of Agriculture’s Natural Resources Conservation Service (NRCS) and local Soil Conse
Cancer Survivors Featured in Nike LIVESTRONG Campaign
The holiday print and digital campaign for NIKE Livestrong will feature professional triathlete and cancer survivor, Laurel Wassner, alongside seven-time Tour de France winner Lance Armstrong, World Champion runner Sanya Richards, major leaguer Jon Lester
Shoe Carnival’s Q3 Earnings Nearly Triple
Shoe Carnival, Inc. reported sales for the third quarter increased 12.6% to $191.5 million from $170.1 million a year ago, and jumped 10.2% on a same-store basis. Net earnings surged 188% to $7.5 million, or 59 cents a share, from $2.6 million, or 21 cent
Dick’s SG’s Q3 Earnings Increase Three-Fold, Comps Rise 1.9%
Dick's Sporting Goods, Inc. reported third-quarter earnings tripled to $18.9 million, or 16 cents per diluted share, from $6.2 million, or 5 cents per share. Results exceeded estimated earnings expectations provided on Aug. 20 of 4 to 7 cents a share
Orange 21 Q3 Sales Fall 21%
Orange 21 Inc. reported consolidated net sales for the three months ended Sept. 30, 2009 were $8.8 million compared to net sales of $12.0 million for the three months ended Sept. 30, 2008…
Son Replaces Father as CEO at CytoSport
Michael Pickett is replacing his father Greg Pickett as president and CEO at the sports nutrition company Cytosport. Greg Pickett, who led the company with Michael Pickett since its inception, will remain the chairman of the board of directors. Michael Pi
RECALL: Salomon Ski Bindings
About 10,000 alpine ski bindings from Salomon USA are being recalled. The toe component of the ski bindings could fail to fully secure the ski boot to the ski binding, causing the binding to release unexpectedly. This could cause the skier to lose control
Adidas to Make Euro 1 Sneakers
Adidas has reached an agreement to make €1 sneakers for millions of people around the world who cannot afford to buy shoes, with pilot production to begin next year in Bangladesh. The move, according to the Daily Telegraph, was inspired by Banglades
Study Questions Wii Fit Benefits
The American Council on Exercise (ACE) released the results of a study questioning the benefits of Nintendo’s Wii Fit. Researchers found the energy expended from Wii Fit exercises fell below physical activity guidelines set by the American College o
Diadora Introduces Eco-Friendly Soccer Uniforms
Golden Viking Sports, LLC, the exclusive U.S. licensee of Diadora soccer footwear, apparel and accessories, introduced Diadora Terra Verde, an environmentally friendly soccer apparel collection made from post-consumer recycled P.E.T. It is the first eco-f
Industry Execs Provide Outlook for Year Ahead
While it appears that the U.S. downturn may be bottoming out and the recession declared “over,” the sporting goods industry isn't looking for strong recovery in 2010. Despite some healthier sales over the back-to-school season and early c
Head NV Sees Weakness in Winter Sports in Q3 while Margins and Profits Improve
Head N.V. continues to see weakness in its Winter Sports division despite a strong start to the winter season throughout much of North America and the Alps. The company reported net revenues were down 1.0% to €92.2 million ($132 mm) for the three mo
Orange 21’s Q3 Sales Fall 27%; Swings to Loss
Orange 21 Inc. reported that consolidated net sales for the three months ended Sept. 30, 2009 were $8.8 million compared to net sales of $12.0 million a year ago. The company incurred a net loss of $1.1 million for the quarter compared to net income of $6