SGB Update Sportsmans
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
New Archery Taps Arview as VP Sales/Marketing
New Archery Products announces the hiring of Brady Arview as their new Vice President of Sales and Marketing. Over the last 10 years, Arview has held various management level sales and marketing positions with some of the most highly recognized brands wit
O’Neill Group Appoints New CEO
Jan Valdmaa has been appointed chief executive officer of the O'Neill Group, the surf, snow and lifestyle brand that was originally founded in Northern California in 1952. Valdmaa will replace interim CEO Tom Heidman…
Maturing Performance Apparel Sees Gains Moderate
Performance apparel has been the darling of the sporting goods apparel business over the last few years, netting strong double-digit gains that have masked weakness in many other areas of the apparel market. The categories that make up the performance se
Soffe Parent Swings to Profit in Fiscal Q3 on Strong Activewear Gains
Delta Apparel saw considerable strength in its Activewear segment in its fiscal third quarter ended March 28, driven by higher sales of full-package products in its FunTees business. The gains in the Activewear segment, which also includes the Delta bran
Wilson, NCAA Donate 13,000 Uniforms to Youth
During the most recent Final Four basketball championship games, Wilson and the NCAA partnered to donate 13,000 brand new uniforms to a wide array of youth organizations, church leagues and school programs in Detroit and St. Louis. Working closely with co
Adams Golf CFO to Exit; Company Names Interim
Adams Golf is reporting that Chief Financial Officer Eric Logan has resigned from the company, effective April 30, 2009. He is leaving to become Chief Financial Officer of Evergreen Alliance Golf Limited, L.P., which owns and manages approximately 80 golf
Hyde Joins Cerf Bros. Bag as VP of Sales
Cerf Brothers Bag Company, a 94-year-old manufacturer of packs, luggage and bags for the outdoor industry, has named industry veteran Ron Hyde as vice president of sales, said Brian Spanel, chief executive officer…
Cutter and Buck Impacted by Weak U.S. Market
New Wave Group, based in Stockholm, Sweden, said sales of its Sports and Leisure division, which includes Cutter & Buck and Craft, were virtually flat at MSEK 413 million ($50.5 million) from MSEK 411 million ($50.2 million) a year ago. But profit on EBIT
Accell Group Reports Increased Bicycle Sales in 2009
Accell Group N.V. said its turnover and profit in the first months of 2009 increased, compared with the same period of 2008. After a long winter, mid-March saw a good start in bicycle sales. In addition to increased bicycle sales, Accell Group also noted
Sports Direct Reiterates Guidance
Sports Direct International said despite the tough conditions, it remains confident of achieving underlying EBITDA of £135 million ($197 million.) The largest U.K. sporting-goods retailer said sales in the last six weeks were “higher than expected” gains,
Steve Madden Raises Full Year 2009 Guidance
Steve Madden expects net sales for the first quarter 2009 to be between $106 million and $107 million. This compares to net sales of $100.5 million for the first quarter of 2008. EPS for the first quarter of 2009 is expected to be in the range of 35 cents
