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  Aug 28, 2008
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*** Sports Business NEWS ***

Genesco's Q2 Comps Climb 4%; Raises FY09 EPS Outlook

Genesco reported net sales for the second quarter increased by 8% to $353 million from $328 million a year ago. Comparable store sales increased 4%. Excluding special items, continuing earnings were $3.6 million, or 18 cents per share, in the quarter against break-even results a year ago. The company also slightly raised its FY09 EPS outlook.. Click for Full Story >>>

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Dorel Industries Inc. announced that Jeff Frehner, president and CEO of the Cannondale Sports Group (CSG), has decided to leave the company for family reasons. Robert P. Baird, Jr., president of the Dorel's Recreational/Leisure segment, which includes Cannondale, will oversee operations at CSG until a replacement is named...(8/28/2008)

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ASICS America is moving its corporate headquarters to a larger space in Irvine, CA. The new headquarters is just a few miles east of its current location and will add an additional 11,000 square feet of space. The move is scheduled for September 19, 2008...(8/28/2008)

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DSW Inc. reported second quarter earnings jumped 69% to $11.0 million, or 25 cents a share, from $6.5 million, or 15 cents, a year earlier. Revenues inched ahead 2.4% to $357.2 million from $348.7 million. Same store sales decreased 6.9% for the comparable period versus an increase of 5.9% last year...(8/28/2008)

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Gander Mountain Co. announced that a panel of the United States Court of Appeals for the Eighth Circuit unanimously upheld a judgment granting Gander Mountain a sweeping victory in its long-standing dispute with rival Cabela's over the right to use certain Gander Mountain trademarks in direct marketing... (8/28/2008)

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Retailers are feeling a double squeeze from rising fuel prices as their own shipping and receiving costs rise even as they try to hold - or even lower - prices to lure consumers with less discretionary income...(8/28/2008)

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Saucony, Inc. has named Fran Allen to the newly created position of senior vice president of global sales. Mr. Allen will join Saucony on September 8th, reporting directly to Richie Woodworth, president of Saucony...(8/28/2008)

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Trips for Kids' founding director, Marilyn Price, recently received the widely-recognized Jefferson Award for community service for 21 years as the driving force behind the organization. On the local level, the Jefferson Award spotlights ordinary people who do extraordinary things without expectation of recognition or reward...(8/28/2008)

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Winterstick Snowboards rider athlete and spokesman Tom Burt has taken an equity position in the company and will provide input into designing the hand-built boards. Winterstick, which shifted manufacturing to Telluride, CO-based Wagner Custom last season, will designs boards optimized for steep, technical big-mountain riding...(8/28/2008)

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Werner Paddles has launched a completely redesigned web site to better support its dealers and consumers. The paddles remain the emphasis of the site, but improvements have been made to navigation functions and with the introduction of WernerTV Product Videos... (8/28/2008)

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Lacrosse Unlimited (LU), the Long Island lacrosse retailer, and lacrosse performance brand STX will host two free youth lacrosse clinics for boys led by Major League Lacrosse (MLL) player Kyle Harrison. The first clinic will be hosted by LU's Babylon store on Tuesday, Aug. 26 from 6 to 7:30 p.m. and the second hosted by LU of Miller Place on Wednesday August 28 from 6 to 7:30 p.m. The field locations have yet to be announced...(8/28/2008)

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