SGB Update Sportsmans
K-Swiss Countersues Puma Over Trademark Infringement Charge
K-Swiss filed a trademark declaratory judgment lawsuit, at the Federal District Court in Los Angeles, against Puma. The lawsuit follows a suit by Puma on May 4 in the U.S. District Court for the District of Massachusetts that accused K-Swiss of selling sn
Amer Sports Sees First Quarter Net Loss Double
Amer Sports continued to suffer through the first quarter due to the value of the U.S. dollar, challenging market conditions and dramatic drops in fitness sales. However, in spite of the heavy double-digit declines in the top line for Precor, the company
Cabela’s Comps Up, but Finance Unit Sinks Q1 Net
Mirroring a pervasive market trend that has emerged as a common thread for nearly all outdoor retailers, Cabela’s Inc. reported first quarter revenues were driven by notable strength from strong firearms and ammunition sales. However, despite any improve
Secretary Vilsack Addresses Conservation Goals With TRCP Board
U.S. Department of Agriculture Secretary Tom Vilsack met with the board of the Theodore Roosevelt Conservation Partnership last week to address the status and future of conservation and agriculture policy in America, particularly as they affect fish and w
Big Rock Sports Relocates Distribution Center
Big Rock Sports plans to relocate its Henry's Distribution Center to Hamlet, NC. This move will enable Big Rock Sports to expand from 170,000 square feet to 310,000 square feet of warehouse space. The new state-of-the-art facility will start receivin
Rocky Brands Posts Q1 Loss; Rutter Exits…
Rocky Brands, Inc. management said they expected first quarter sales and earnings to be down versus the comp period last year as they were unable to anniversary “tough comparisons” in their Retail division and “higher-than-normal” gross margins. The top
Golfsmith Bows Xtreme Store in Houston
Golfsmith International Holdings, Inc. on Thursday is opening its new 40,000-square foot “playground” for golfers and tennis players in the Houston area. The retailer claims the new Golfsmith Xtreme store in the Woodlands is the first in the state of Texa
West Marine Narrows Q1 Loss Despite Comps Decline
West Marine, Inc. reported that first quarter net revenues were $101.0 million, down 10.9% from last year. Comparable store sales were down 6.8%. West Marine posted a net loss of 67 cents per share after-tax compared to 81 cents per share after-tax last
Brunswick Q1 Sales Fall on 52% Drop in Marine Sales
Brunswick Corporation had total sales of $734.7 million during the first quarter of 2009, a 45% drop versus 2008, primarily the result of marine sales that dropped by 52% from year-ago levels. The company saw a net loss of $184.2 million, or $2.08 per dil
REPORT: Acushnet/Titleist Lays Off 169
Acushnet Co. has announced the layoff of 169 employees from its Titleist golf ball plants, according to a report by Massachusetts’ South Coast Today. According to the report, Acushnet spokesperson Mary Lou Bohm said the cuts will take place gradually and
Bryant, Lakers Best NBA Jersey Sellers for 2008-09
Los Angeles Lakers' Kobe Bryant has topped this year's list of most popular NBA jerseys. Bryant reclaimed the No. 1 spot, which he held in 2006-07, after being overtaken last year by the Boston Celtics' Kevin Garnett. The list is based on s
Report Indicates YTD Golf Rounds Played Remains Flat for ’09
A total of 2,692 golf facilities, including data from PGA and NGCOA participants indicated that national March 2009 rounds were nearly flat at -0.2%, while days open were up 6.7% compared to March 2008…
Danskin Manufacturer Hands Over Majority of Equity
Triumph Apparel Corporation, a manufacturer and distributor of women’s dance apparel and active wear under the name Danskin, said KSL Ventures, LLC has acquired 55% of the company’s equity and voting stock in connection with a recapitalization of the comp
Big 5 Q1 Comps Down on Slower Consumer Traffic
Big 5 Sporting Goods Corporation said net sales for the fiscal 2009 first quarter ended March 29, 2009 were $210.3 million, a 1.2% decline from net sales of $212.9 million for the first quarter of fiscal 2008. Same store sales declined 4.4% for the first
Cabela’s Q1 Comps Up 8.2%; Earnings Fall on Bad Debt Expenses
Cabela’s Incorporated reported first quarter fiscal 2009 retail store revenue increased 8.3% to $275.5 million, driven by an 8.2% increase in comparable store sales. Direct revenue decreased 4.7% to $225.4 million while financial services revenue decrease
