The sporting goods industry saw several companies making changes to their respective executive teams…
Month: October 2007
Acushnet Business Sees 7% Q3 Sales Growth…
Acushnet Golf, the golf division of Fortune Brands, Inc. that houses the Footjoy, Cobra, and Titleist brands, saw modest sales growth in the third quarter new product introduction in the year-ago quarter, especially in clubs, slowed things down. ..
Brunswick Q3 Fitness Equipment Sales up 10%…
Fitness equipment was the bright spot in a dour third quarter earnings report and forecast by Brunswick Corp., which is being pummeled by a downturn in the U.S. boating market…
ADA’s Fall Show Hosts Growing Group…
A short conversation with Pete Schneider, president of Athletic Dealers of America, Inc. at the ADA Fall Session in Kansas City last weekend showed the enthusiasm driving the rejuvenation of this buying group. Pete talked with sincere honesty about buildi
Rocky Brands Income Drops Despite Q3 Sales Gains
Rocky Brands, Inc. third quarter of 2007 net sales increased 5.4% to $82.3 million versus net sales of $78.1 million in the third quarter of 2006. The increase in sales was primarily driven by a 25.0% increase in retail revenues, combined with a slight in
Skechers Firing On All Cylinders in Third Quarter…
Skechers USA, Inc. posted its 15th consecutive quarterly sales growth in the third quarter with both sales and net income coming in higher than earlier guidance. The discontinuation of a pair of the company's fashion lines ate into gross margins, but
Kellwood Names Izod Exec to Board
Kellwood Co. elected Robert Siegel to its board of directors. Siegel, currently the chairman, president and CEO of Lacoste-USA, has over 40 years experience in the retail and apparel industry, including top executive positions at Stride Rite and Levi'
Champion Activewear Boosts Sales at Hanesbrands
Outerwear sales, including Champion activewear, rose 9.7% to $349.4 million at Hanesbrands in the third quarter, thanks to a shift toward basic apparel for casualwear in the mass merchandising channel. The figures also reflect success of C9, a private lab
GSI Commerce Sees 16% Q3 Revenue Jump…
GSI Commerce's Q3 revenues increased 16% to $137.3 million, with 36% growth in service fees and 8% growth in product sales. Merchandise sales increased 36% in Q3, on top of 84% growth last year. Sporting goods merchandise sales growth accelerated seq
Nike Expands Soccer Footprint with Umbro Deal
It is ironic that in a week that saw American football invade London, as the New York Football Giants took on the Miami Dolphins in the first NFL regular season game outside the U.S., that an American company would reveal its plans to acquire the U.K.
The North Face Wins Piracy Case in Beijing
The North Face won a lawsuit against a Beijing market that failed to stop the sale of fake versions of its products. The Beijing Xiushui Clothing Company, which operates the Silk Alley market, was ordered by a local court to pay 40,000 yuan ($5,300) in da
Nike Adds Gloves to NFL Deal
Nike expanded its current footwear and promotional rights agreement with the National Football League to include branded gloves on-field and at retail and grassroots programming. The new deal will commence in week eight of the 2007 NFL season, beginning w
Kahtoola Hires Two New Rep Groups
Kahtoola, which makes snow shoe accessories, has hired several new sales reps for the Northeast and Northwest. Steve Schneider is now representing the Northeast including Maine, New Hampshire, Vermont, Massachusetts, Connecticut, Pennsylvania, New Jersey
Spalding President to Retire
Scott Creelman, president of Spalding, is retiring March, 31st, 2008. Russell Athletic president, Doug Kelly will assume the overall managing responsibilities of both Russell Athletic and Spalding brands, which also includes Bike, Dudley, AAI and Huffy Sp
Millet Hires Todd Johnson as U.S. Brand Manager
Millet, the alpine climbing label that's part of Lafuma Group, has appointed Todd Johnson as its new US Brand Manager. Johnson, formerly Wholesale Manager at Montbell USA, will be based in the Lafuma Group US headquarters in Broomfield, CO. Johnson b
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