SGB Update Sportsmans
Perry Ellis Slashes Outlook for Q4
Perry Ellis International, Inc. announced that, based on preliminary results from its holiday season and estimates for initial deliveries of Spring 2009 merchandise, the company anticipates revenues for the fourth quarter ending Jan. 31, 2009 at the $200
2008 Was Rough, But What Exactly Will 2009 Look Like for the Industry? (Year in Review)
With the popping of the housing bubble quickly wreaking havoc across Wall Street and global economies, the sporting goods industry suddenly faces its biggest challenge since the Great Depression…
Holiday Was Just as Tough as Everyone Expected
Holiday 2008 proved to be just as disappointing for many in the retail sphere as everyone worried beforehand. Though anecdotal evidence from much of specialty retail held slightly better results than the general market…
Sheri Poe Out at MBT
MBT reports that Sheri Poe will no longer serve as CEO of U.S. operations. Ken Pucker, who was named interim global CEO in early November, will assume her responsibilities for managing the U.S. entity of MBT…
Deckers Sponsors Rincon Surf Classic
Deckers has signed on as title sponsor with Surf Happens for Santa Barbara County's oldest surfing competition, The Rincon Classic. This annual event will take place at Rincon Point on Saturday and Sunday January 17 & 18, 2009. The event, with over $
Steve and Barry’s Founders Accused of Fraud
Manhattan landlord Jeff Sutton filed a lawsuit claiming Steven Shore and Barry Prevor, co-founders of clothing and accessories chain Steve & Barry's, misallocated the $1 million Sutton paid them in May to install escalators and elevators in their sto
Cloudveil Names New Director of Product
Cloudveil hired Lynn Moore as its new Director of Product. Moore, 35, has worked in senior development and merchandising roles at Spyder Active Sports for the past 10 years. Prior to Spyder she was a Product Developer at Pearl Izumi…
Backwoods Parent Faces Possible Nasdaq Delisting
Nitches, Inc., the parent of Backwoods, announced that it received a letter dated December 17 from Nasdaq notifying the company that it is not in compliance with Nasdaq Marketplace Rule 4310(c)(14) because the Company did not file its annual report on For
Adrenalina Continues to Stalk PacSun
Tiny action sports retailer Adrenalina last week revealed that it withdrew its $5-per-share offer to buy Pacific Sunwear of California due to the steep decline in prices of PacSun's shares. But it now plans to take a buyout offer directly to sharehol
Amer Sports Slashes Full Year Guidance
In an appropriate end to what has been an arduous year for Amer Sports, the company has slashed its profit outlook for fiscal 2008, citing waning sales in November and December. Weak fourth quarter sales for the Finnish sporting goods manufacturer prompte
A4 to Open Two New Warehouses
A4 will start shipping from two new distribution centers in January. The company, which is working in a joint venture with Frazier Sports, has opened centers in Waco, TX and Atlanta, GA…
Golf Companies Plan Staff Cuts
The golf market saw two companies plan staff cuts last week as industry giants Acushnet and TaylorMade-adidas Golf both reported intentions to lower headcounts…
ForeFront Group Unveils New Headquarters in Nashville
ForeFront Group, Inc., the supplier of golf accessories, opened its new corporate headquarters at the Creekside Crossing office complex, located at 12 Cadillac Drive, in Brentwood, Tenn. Featuring 11,500 sq. ft. of Class A office space, the new office wil
Summitt Golf Integrates Sales Force
Summit Golf Brands, parent company of Fairway & Greene, Ltd. and Zero Restriction Outerwear, has integrated its sales force, which the company says will create a powerful presence as the leading green grass brands in their categories…
Quiksilver Pulls Out of ASR
Quiksilver Inc. plans to pull most of its brands out of the Action Sports Retailer (ASR) show, according to a statement from ASR. Roxy, Quiksilver, Quiksilver For Women, Quiksilver Mens and Raisins will all not be at ASR, although DC Shoes will be exhibit
