SGB Update Sportsmans
Cabela’s Sees Guns and Ammo Gains Moderating
Cabela’s Inc. reported a better-than-expected profit for the third quarter, but issued guidance that indicated the fourth quarter would be softer than analysts originally estimated…
Ruger Sees New Products, Continued Demand Boost Third Quarter Results
Sturm, Ruger and Company, Inc. said the third quarter of 2009 was boosted by a continued consumer demand in firearms and subsequential unit sell-through that spiked 50% over last year’s third quarter…
HBI Q3 Sales Down, but Champion Sees Gains
Hanesbrands Inc., the parent of Champion, reported sales declined 8% $1.06 billion in the third quarter. But the company said significant net retail shelf-space and distribution gains are expected to drive approximately 5% sales growth in 2010…
Michael Crooke Exits prAna
Michael Crooke has stepped down as CEO of prAna Living, LLC. Co-founder Beaver Theodosakis will re-assume the position of CEO but expects to announce a search for a new CEO sometime in 2010. Scott Kerslake, the founder of Athleta who was brought in by Cro
VF Corp. Sees Strong Vans and TNF Business in Third Quarter
VF Corp. is beginning to see some green shoots in the economy and management is expecting a relatively stronger Q4 with improving holiday sales. However, unemployment still remains a concern and management feels that the consumer retail environment will r
GearGuard Sports Partners with RainMaker$
GearGuard Sports LLC, the makers of the finest in baseball equipment bags, has enlisted the licensing expertise of RainMaker$ LLC to assist with its NO ERRORS brand…
Under Armour and IMG Form Partnership Around Measurement System
Under Armour and IMG Worldwide, announced an exclusive partnership highlighted by the development of a unique comprehensive athletic training platform that will establish a global measurement standard for improved sports performance, health and fitness ca
Amazon Closes Zappos Acquisition
Amazon.com, Inc. completed its acquisition of Zappos.com. Thanks to an increase in Amazon's stock price, Amazon will pay $1.2 billion, or $117.4 a share, for the business, up from $928 million when the deal was first announced…
Diadora Licenses Soccer in the U.S.
Golden Viking Sports, an entity owned and headed by Diadora America President William Nuttall, has entered into a license agreement for the U.S. market for the Diadora brand. The new license follows the sale of Italy-based Diadora S.p.A. to Italian holdin
West Marine Sees Fiscal Q3 Comps Decline 4.3%
West Marine, Inc. reported net revenues decreased 6.7% to $168.2 million for its 2009 fiscal third quarter ended October 3. Comparable store sales decreased 4.3% from last year…
CIT Secures $4.5 Billion Credit Facility
CIT Group Inc obtained $4.5 billion of additional financing from its creditors as it seeks to complete a debt exchange. The new financing, which adds to a $3 billion loan arranged in July, is being provided by a group of lenders including some of CIT'
Marker Völkl USA Collaborates with Gibson Guitar
Marker Völkl USA, distributor of Völkl skis and Marker bindings, has partnered with Gibson Guitar Corporation to produce a series of unique electric guitars.Marker and Völkl themed guitars will be produced in Gibson`s Custom Shop in Nashville, Tenness
Amer Sports Q3 Net Falls on Weaker Wilson, Precor Sales
Amer Sports reported that net sales for the third quarter declined 5.2% to €410.6 million ($587 mm) from €433.2 million ($653 mm) in the year-ago quarter. Currency-neutral sales declined 6% for the period. Total Amer Sports gross margins decl
Big Rock Sports Opens East Coast Distribution Center
Big Rock Sports opened the doors of their newly completed 310,000 square foot warehouse in Hamlet, NC on October 21st. Over 150 people gathered to celebrate the official grand opening of the Henry’s Distribution Center, which has been operational in
KARHU Extends European Distribution
KARHU, Finland's running brand announced that it is expanding in Europe. On the heels of launching award-winning Fulcrum footwear in N. America in 2009, KARHU will soon be available in the Finnish, German, Austrian and Italian markets in Spring 2010.
