ASICS Sales Up 16% in 2008; Expects Better 2009
ASICS Corp. saw strength across the globe drive sales for fiscal 2008, as footwear and equipment both grew, but apparel sagged slightly. Overall, the company reported a 16.3% jump in net revenues for the fiscal year ended March 31 to ¥226.17 billion ($1.9
Shimano Rides Cycling to Strong Sales Increase in Q1
Shimano Inc. said net sales at its cycling business rose by ¥7.8 billion ($7.4 mm), or 22%, to ¥43.3 billion ($411 mm) in the first quarter ended March 31. Fishing tackle net sales, however, dipped by ¥142 million ($1.4 mm), or 1.2%, to ¥11.4 billion ($10
Negative Comp Drags Down First Quarter Bottom Line for Zumiez
Zumiez Inc. reported a mid-teens increase in net sales for the first quarter as the addition of 21 new stores offset comparable store sales that came in just below flat. The negative comp hurt the bottom line as well, de-leveraging occupancy costs and dr
The Long, Cold Winter Boosts Q1, but Now Hurts Spring Apparel Sales
Many specialty outdoor retailers had a much more profitable first quarter this year as a record snow pack and cold weather helped them clear winter merchandise, often at much higher margins. But the long, snowy and cold winter has also stunted planned spr
Columbia Trims HQ Staff
The Oregonian reported that Columbia Sportswear trimmed headcount at its headquarters near Beaverton through layoffs and voluntary buyouts. The newspaper said company spokesman John Fread would not say how many workers took the buyout offer or were cut i
Patagonia Exits Paddlesports
Patagonia told retailers last week that it was exiting the paddlesports business and put all its 2008 product on close-out….
NSGA: Athletic Footwear Tallies $17.4 Billion in 2007
Retail sales of athletic footwear have surpassed the $17 billion mark for the first time, reaching $17.4 billion, an increase of 2.7% versus 2006, when sales were $16.9 billion, according to the National Sporting Goods Association’s just-released “Sportin
NSGA: Athletic FootwearTallies $17.4 Billion in 2007
Retail sales of athletic footwear have surpassed the $17 billion mark for the first time, reaching $17.4 billion, an increase of 2.7% versus 2006, when sales were $16.9 billion, according to the National Sporting Goods Association’s just-released “Sportin
SGMA: Sporting Goods Sales in Canada Grow to $7.5 bn in 2007
According to the Canadian Sporting Goods Market Report, distributed by SGMA, sales continue to increase for our neighbor to the north. Sales last year rose to $7.5 billion, up from $7.4 billion in 2006. The estimate includes sales of sporting goods equipm
Greg Norman Chief Takes Over La Perla
Suzy Biszantz, president and CEO of Greg Norman Collection, formerly owned by Reebok, for seven years, was appointed CEO of La Perla, North America, the Italian-based designer and multi-channel global marketer of luxury intimate apparel and beachwear…
Under Armour Title Sponsors HS Baseball Classic
Under Armour agreed to title sponsor the 2008 Under Armour All-America Baseball game, formerly called the Cape Cod High School Baseball Classic presented by Under Armour. The game will be played at Wrigley Field on Sunday, August 17…
Gander Opens Stores in Minnesota and Florida
Gander Mountain opened its newest stores in Eau Claire, Minn. and Ocala, FL. Tuesday and will celebrate grand openings for both large format stores May 30…
Kalis Joins Innovative Designs Consultant Staff
Innovative Designs, Inc. has added Todd Kalis, an eight-year veteran of the National Football League, to its list of consultants. Innovative Designs manufactures the hunting apparel, swimwear, wind shirts, jackets, sleeping bags under the Arctic Armor and
Twins Enterprise Becomes Headwear Supplier of the Jimmy Fund
For more than 60 years, the Jimmy Fund and Twins Enterprise have been favorite organizations of Boston Red Sox fans. Now the two are joining forces to help fight cancer. Twins Enterprise has become the Official Headwear Supplier of the Jimmy Fund, which s
New SVP of Sales for Trotters/SoftWalk
Phoenix Footwear Group, Inc. appointed Russell Hall as president of its Chambers Belt Company division. Additionally, the company announced that Mike Crosno has been promoted to SVP of sales of its Trotters and SoftWalk divisions. Both appointments are ef
