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  Aug 27, 2014
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Today's Top Story:

ILWU and PMA Reach Tentative Agreement on Health Benefits

The International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) announced late Tuesday that they have reached a tentative agreement on terms for health benefits, subject to agreement on the other issues in the negotiations... Click for Full Story >>>

More Sporting Goods Industry Trade News:

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BRG Sports, Inc., formerly Easton-Bell Sports, announced that Chartwell Investments, a New York-based private investment firm, has partnered with senior hockey management to acquire its Easton Hockey business. Terms of the transaction were not disclosed...(8/27/2014)

 

Brown Shoe Company reported net income in the second quarter rose 17.5 percent to $18.1 million, or 41 cents a share, from $15.4 million, or 35 cents, a year earlier. Results exceeded Wall Street's consensus estimate by 6 cents a share. Sales reached $635.9 million, up 2.3 percent versus second quarter 2013 net sales of $621.7 million. Famous Footwear's comps grew 1.6 percent...(8/27/2014)

 

NRS Inc. of Moscow, ID is recalling about 3,300 of its Chaos Side Cut whitewater paddling helmets becasue the rivest holding the chin strap to the helmet can fail and cause the helmet to fall off in an incident posing a risk to head injury.(8/27/2014)

 

Smith & Wesson Holding Corporation slashed its fiscal 2015 guidance, saying it expects excess inventory at retail to hurt sales much more than expected in the current quarter, when many hunting sales peak. The dramatically lower guidance came even though SWHC reported results for the fiscal first quarter ended July 31 met or exceeded its June guidance...(8/27/2014)

 

Sports Authority is will allow customers nationwide to participate in its annual Sniagrab snowsports sale for the first time in the event's 60-year history by taking it online beginning Tuesday, Sept. 2...(8/27/2014)

 

Asics America welcomed two-time Olympic hurdler, Queen Harrison, to its team of elite athletes...(8/27/2014)

 

Osprey Packs has hired veteran outdoor specialty rep Bill Chandler as its outdoor sales manager, a new position created to enhance Osprey’s focus on customer service while supporting programs at retail.(8/27/2014)

 

Tilly’s, Inc. reported earnings slumped 69.8 percent in the second quarter to $1.3 million, or 5 cents a share Results were in line with expectations, "reflecting the continuation of challenging market conditions and the planned reduction in our clearance inventory." Comparable-store sales decreased 7.1 percent and gross margins eroded 40 basis points...(8/27/2014)

 

On Aug. 30, Clarks Americas will unveil the largest retail space of designer collaborations, exclusive Clarks Originals heritage styles and new product collections for men and women in the heart of NYC’s Soho district. The flagship store, at 547 Broadway, covers 3,400 square feet... (8/27/2014)

 

The Port of Long Beach reported that two cargo terminals were suspending vessel operations for the day because 10-to-15-foot high wave surges powered by Pacific Hurricane Marie endangered longshore workers...(8/27/2014)

 

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