SGB Update Sportsmans

Cloudveil Appoints New Sales Positions

Cloudveil has named James Samuel to a new position, Director of Global Sales, while Ned Hutchinson assumes North American Sales Management responsibilities…

NSGA: 2008 Sporting Goods Sales Reach $53.4 Billion

In spite of a 16% surge in shooting sports equipment, retail sales of sporting goods (footwear, clothing and equipment), which reached a record $53.5 billion in 2007, fell 1% in 2008 to $53.4 billion, according to the just released National Sporting Goods

American Hiking Society Celebrates 17th Annual National Trails Day

On June 6, 2009, American Hiking Society and outdoor enthusiasts across the country will celebrate the 17th annual National Trails Day® (NTD), a long-standing celebration of America's magnificent trail system and its countless supporters and voluntee

Broder Bros. Completes Financial Restructuring

Broder Bros. Co., which distributes Anvil, Fruit of the Loom, Gildan, Hanes, Jerzees, adidas Golf and Champion product, has completed its previously-announced financial restructuring through the settlement of its private exchange offer…

Hibbett Sports Q1 Profits Up on Comp Sales Gain

Hibbett Sports, Inc. net sales increased 8.1% to $157.7 million for the fiscal first quarter ended May 2, compared with $145.8 million for the year-ago period. Comparable store sales increased 2.4% for the quarter. Net income increased 16.4% to $10.9 mill

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

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