SGB Update Sportsmans

PacSun Narrows Q1 Loss Despite Double-Digit Comp Declines

Pacific Sunwear of California, Inc. saw net sales decline 16.3% to $223.5 million for the fiscal first quarter ended May 2 versus the year-ago period and total company same-store sales decreased 18% during the period. The retailer posted a net loss of $8

Stage Stores Sees Q1 Loss with 14% Decrease in Comp. Inventory

Stage Stores, Inc. reported a net loss for the first quarter ended May 2, 2009 of $0.9 million, or 2 cents per diluted share, compared to net income of $2.3 million, or 6 cents per diluted share, for the prior year first quarter ended May 3, 2008…

Q1 Profits at TJX Rise 8% on 1% Sales Gain

The TJX Cos., parent of the T.J. Maxx and Marshalls stores, reported an 8% increase in fiscal first-quarter profits to $209.2 million, or 49 cents a share, from $193.8 million or 43 cents, a year ago, thanks to increased shopping traffic and some cost cut

Shimano Reduces Full Year Outlook after Q1 Sales Decline

Shimano, Inc. reported that revenues for the first quarter declined in double-digits, but net income improved thanks to a boost in non-operating income and lower taxes. Net revenues fell 18.9% to ¥45.1 billion ($483 mm) for the period ended March 31, com

Bike Industry Wins Two-Year Stay on Lead Law

The Consumer Product Safety Commission last week denied the bike industry’s petition to exclude children’s bikes from a strict new lead law but granted a two-year stay of enforcement, giving manufactures a bit of breathing room to figure out how to best c

Bike Industry Wins Two-Year Stay on Lead Law

The Consumer Product Safety Commission last week denied the bike industry’s petition to exclude children’s bikes from a strict new lead law but granted a two-year stay of enforcement, giving manufactures a bit of breathing room to figure out how to best c

Heelys to Stay Independent; Domestic Business Halved in Q1

Heelys Inc. has completed a strategic review of its options and has decided to continue to go at it alone in the market. The Board of Directors reportedly looked at alternatives to acquire other brands-or to be acquired-and decided to stay focused on tur

Gildan’s Q2 Net Plummets on Lower Sales, Weaker Margins

Gildan Activewear's earnings plunged 81.1% to $7.1 million, or 6 cents a share, in the second fiscal quarter ended April 5, compared to $42.1 million, or 35 cents, in the year-ago period. Sales declined 6.7% to $244.8 million from $293.8 million a ye

Moosejaw Mountaineering Launches Mobile Version of Website

Moosejaw Mountaineering has launched a new mobile version of its website, http://m.moosejaw.com. Moosejaw’s new mobile service allows shoppers to use any smartphone to browse Moosejaw’s catalog, price compare, read customer reviews and view customer produ

Bushnell to Acquire C’eb’e

MidOcean Partners, a middle market private equity firm, and Bushnell Outdoor Products said that Bushnell has acquired the C'eb'e brand from Marcolin S.p.A., which is listed on the Milan Stock Exchange. The terms of the purchase agreement were no

FIFA/Kappa Licensee Establishes Offices in New York and L.A.

Total Apparel Group, Inc., which was recently selected as the official U.S. Master Distributor of FIFA and FIFA World Cup licensed product, has opened new locations in New York and Los Angeles. In an effort to manage the sales and marketing requirements f

Boathouse Sports to Supply U.S. Rowing National Team

Boathouse Sports has been named as the official apparel supplier for the U.S. Rowing National Team. The deal will include apparel used in the Worlds, held in August in Poland, the 2012 Olympic Games in London and all USRowing events through Oct. 1, 2013.

Easton-Bell Q1 Profits Shrink Despite Team Sales Increase

Easton-Bell Sports, Inc. had net sales of $184.9 million for the first quarter ended April 4, an increase of 1.5% from the $182.1 million in net sales for Q1 last year. Team Sports net sales increased 6.9% to $107.8 million, while Action Sports net sales