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Article Thumbnail Did you hear?...BIGresearch survey says economic crisis will continue to affect consumer lifestyles for 5 years
Mar 18, 2009
According to the March 2009 BIGresearch Consumer Intentions & Actions Survey, just under 91 percent of consumers feel that the current economic crisis will continue to impact lifestyle spending choices over the next five years.
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Article Thumbnail Fitness financials: Nike's Q3 profit down 47 percent hit by goodwill charge, plus Dick's Sporting Goods
Mar 18, 2009
Nike (NYSE: NKE) said its third-quarter profit fell 47 percent, hurt by higher costs, lower demand in Europe and charges related its acquisition of Umbro. Plus, Analysts initiate coverage of Dick's Sporting Goods at 'buy.'
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Article Thumbnail Fitness financials: Hibbett Sports' Q4 sales rise 4 percent, plus Hanesbrands
Mar 16, 2009
Hibbett Sports' Q4 sales rose 4 percent despite a challenging economic climate, and Hanesbrands amended a credit agreement to ensure it can meet its debt requirements.
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Article Thumbnail Fitness: Movin' & Shakin' -- FHI reorg plan delayed, John Conti, World Day for Physical Activity, Lifecore, Nellie's/Fitness Select, Superior/Conte's
Mar 16, 2009
Two weeks ago we noted that Fitness Holdings International, parent of Omni Fitness and Busy Body Home Fitness, had requested its court-required bankruptcy reorganization plan deadline be delayed. The hearing had been set last fall for March 17, with a plan to be filed by March 2. Plus, other industry updates from John Conti, American College of Sports Medicine, Lifecore Fitness, Fitness Select, Nellie's, Superior Fitness and Conte's Bicycles and Fitness.
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Bell Sports' relaunch of fitness brand Savasa underway, Bell Fitness brand next
Mar 13, 2009
Without much fanfare, Bell Sports has tackled the rebranding, repositioning and re-everything else of its fitness lines in the last 18 months, with the Savasa brand now out of the blocks and the Bell Fitness brand on the mark for its start by September.
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Article Thumbnail Retail Solutions Forum: How important is business interruption insurance?
Mar 13, 2009
The Retail Solutions column in our new Expert Network section is designed to be your personal retail advisory sounding-board with retail owners, managers, buyers and merchandisers from our retail advisory partner, Grassroots Outdoor Alliance, available to answer your questions. In this installment, we assess: How important is business interruption insurance for one specialty store?
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Sports equipment sales fail to beat GDP for first time in five years, per SGMA; fitness among hardest hit
Mar 11, 2009
For the first time since 2003, sales of sports equipment, gear and apparel in all categories -- per an annual Sporting Goods Manufacturers Association report -- have failed to outperform the U.S. Gross Domestic Product.
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Article Thumbnail Fitness financials: Nautilus posts Q4 loss, sales down 37 percent, plus Gaiam, Dick's Sporting Goods, Collective Brands
Mar 11, 2009
Nautilus posted a Q4 loss and sales dropped 37 percent, Gaiam's Q4 swung to a net loss, Dick's Sporting Goods reported a Q4 loss on charges, and Collective Brands posted a larger Q4 loss.
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Article Thumbnail Vicious economic times could call for brutal retail game plans
Mar 9, 2009
Surviving vicious retail markets can require difficult and unpleasant action -- bankruptcy, staff reductions, renegotiating leases or shuttering underperforming stores. Although the navigation of today's challenging marketplace can be brutal, those steps are often necessary. That was the consensus of a group of business attorneys, retail real estate experts and specialty retailer financial officers who gathered recently for a conference in Seattle. The goal: offer tips and suggestions for distressed retailers to help them get a handle on the extreme downturn in the economy.
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Industry members promote fitness agenda in D.C. at SGMA annual event
Mar 9, 2009
Despite a slumping economy, more than 100 members of the fitness and sporting goods industry turned out to help the Sporting Goods Manufacturers Association lobby for greater support of physical activity among congressional members on Capitol Hill. The 10th Annual National Health Through Fitness Day organized by the SGMA on March 4 was called a "banner day" by the group's vice president of government relations, Bill Sells, after the members sat down with legislators in 125 small meetings to advocate for federal support of two key bills.
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Products and Trends
Industry News Releases
180s Revamps Company Focus, Largest Product Launch In Brand History
Dec 23, 2011
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Adventure Racing Series Launches YouTube Channel
Dec 23, 2011
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Accell Group to acquire Currie Technologies
Dec 21, 2011
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Christine Kennedy named 2011 USATF Masters Athlete of the Year
Dec 20, 2011
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HealthStyles “Gives the Gift of Fitness” in 2011
Dec 14, 2011
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Masters Track Champion Trains on ElliptiGO to Attempt Marathon Record
Dec 14, 2011
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SNEWS Headlines
November retail, outdoor, online sales rise; NRF raises forecast
Dec 26, 2011
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Retailer At Home Fitness launches own product line to help boost online sales
Dec 21, 2011
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Some fitness retailers see opportunities to add stores heading into 2012
Dec 16, 2011
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Outdoor Research wants to protect from cold and dry, not just chilly and wet
Nov 18, 2011
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