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SGB UPDATE

SGB UPDATE is the only continuously updated source for news for the Sporting Goods, Athletic Footwear, and Athletic Apparel markets.  This archive area is updated by our editorial team throughout the day as news breaks in the industry.  The SGB UPDATE newsletter is delivered each business morning via e-mail in either TEXT or HTML format.

Click any of the archive tabs above for more news by category of interest.

All BASIC subscribers can access posted articles free for seven days from publish date.  Once archived, articles can only be accessed with a PREMIUM or an EXECUTIVE subscription.

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The Latest News...

Brociety.com Folds, Sells Inventory to WhiskeyMilitia.com
Brociety.com has folded and handed its snowboard inventory to one-deal-at-a-time (ODAT) site WhiskeyMilitia.com. The companies said Brociety's narrow focus on snowboarding failed to draw enough customers...(9/2/2010)

Quiksilver Q3 Profits Exceed Guidance
Quiksilver, Inc.'s pro-forma consolidated income from continuing operations for the third quarter nearly tripled on a fully diluted per share basis compared to the third quarter of fiscal 2009. Consolidate revenues declined 12%...(9/2/2010)

Backyard, Car and RV Camping Sets Record in 2009
Forty-four million people participated in backyard,car and RV camping in the United States in 2009, nearly one million more participants than in the previous high of 1996, according to the 2010 Special Report on Camping, released by The Coleman Company Inc. and The Outdoor Foundation...(9/2/2010)

Timberland Ups Green Marketing Efforts with New Campaign
The Timberland Company is escalating its green marketing activities with the launch of its biggest and most environmentally-focused marketing campaign yet -- Nature Needs Heroes. The campaign employs outdoor imagery and light-hearted humor to help convey the notion that...(9/2/2010)

Quiksilver Secures Better Terms for Line of Credit
Quiksilver, Inc. has amended and extended its existing asset-based line of credit in the Americas region under substantially better terms, the company said Thursday...(9/2/2010)

Stein Mart August Comps Rise 8.5% on Promotions in Retail
Stein Mart, Inc. said comparable store sales for the fiscal period ended August 28, 2010 climbed 8.5% due to a clearance event which accelerated revenue into the last weekend of the month... (9/2/2010)

The Buckle Comps Trip 3.5% in August
The Buckle, Inc. said that comparable store net sales for the four-week period ended Aug. 28, 2010 decreased 3.5% from comparable store net sales for the same four-week period ended 2009...(9/2/2010)

Genesco Acquires Anaconda Sports
Anaconda Sports, one of the largest team dealers in the east coast, just became the latest dealer to be swallowed up by Genesco Inc. Terms were not disclosed. Said Hat World's President Kenneth Kocher, "The addition of Anaconda Sports is the latest example of LIDS' intent to grow its brand through the team dealer channel. The diversity within the Anaconda Sports business, its excellent reputation...(9/2/2010)



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