JJB Sports plc, the UK’s largest sports retailer, said the retail environment, particularly in clothing and footwear, continues to be very competitive and in order to meet this challenge, JJB has been operating a vigorous promotional campaign since Octobe
Author: James Hartford
New Balance Reaches Centennial Milestone
New Balance reaches its centennial year this week and celebrates 100 years of brand milestones and continuous achievements as one of the sporting goods industry's leading manufacturers of high performance and active lifestyle products.
SGMA Launches New Trade Shows; Will Shutter Super Show
Beginning in 2007, the sporting goods industry will have new trade show options. The Sporting Goods Manufacturers Association (SGMA) announced its response to the changing industry dynamics – a trade show strategy focused on two new market events for next
Collegiate Pacific Appoints Sales and Marketing Chief
Collegiate Pacific Inc. has appointed Kurt Hagan to the newly created posiition of EVP Sales and Marketing. Mr. Hagan, 37, served as the president and founder of Grill Pod, L.P. from October 2004 to December 2005. From 1992 to 2004, he was VP Sales/Priva
Study: Holiday Spending Up; More than Half of Consumers Used Web
Some 36% of consumers said they spent more this holiday shopping season and more than half reported making an Internet purchase, with four in 10 saying that selection and price led them to buy from a store other than where they normally shop, according to
Harold Ruttenberg Succumbs to Cancer
Harold Ruttenberg, the founder and former chairman of Just For Feet, lost his battle with brain cancer last week. He was 63 years old. The energetic retail pioneer was diagnosed with cancer in January 2004 and had spent nearly two years battling the dis
Wilson Golf to Cut 70 Positions; Adds New GM
Wilson Golf reported that it is restructuring its global organization to boost it's operational efficiency and reduce costs. Wilson Golf is part of Amer Sports Corporation's subsidiary Wilson Sporting Goods Co. The restructuring includes change
Deckers Increases Board Size; Appoints New Director
Deckers Outdoor Corporation has appointed John Perenchio to the Deckers Outdoor Corporation Board of Directors, effective December 21, 2005, as an additional Director, increasing the total number of Directors to seven. Perenchio is the owner and operator
Acquisition of ShopKo Stores, Inc. Completed
ShopKo Stores, Inc. has completed its merger with an affiliate of Sun Capital Partners, Inc. ShopKo Stores will continue to operate 137 ShopKo stores, 216 Pamida stores and three ShopKo Express Rx stores, in 22 states primarily in the Midwest, Mountain a
GF Completes Goody’s Tender Offer; Goodfriend Resigns
GF Acquisition Corp. and Goody's Family Clothing, Inc. announced the final results of the cash tender offer by GF Acquisition Corp., an affiliate of Prentice Capital Management, LP and GMM Capital LLC, for the outstanding shares of common stock of Go
eBags, Inc. Reports 42% Holiday Sales Jump
eBags Inc. announced record holiday sales with an increase of 42% over 2004. Trends that emerged over the holiday season were an increase in sales of handbags, laptop cases, and travel accessories. 6pm.com, a newly launched e-commerce site from eBags, In
REI Recalls Novara Dirt Rider Bicycles
REI said it has recently become aware of a potential safety hazard involving the frame used on the 2003-2006 Novara Dirt Rider 20” 5- and 6-Speed Bicycles. The company is working with the U.S. Consumer Product Safety Commission to implement a full recall
Bridgestone Files Patent Suit Against Acushnet in Japan
Bridgestone Sports Co., Ltd., makers of the Precept golf ball, has filed a golf ball patent infringement lawsuit against Acushnet Japan Inc. in the Japan Tokyo District Court. The suit seeks ¥6 billion (US$52 million) in damages and demands that Acushnet
Report: Online Shoppers Spent $18.6 Billion in First Six Weeks of Holiday Season
The Goldman Sachs & Co., Nielsen//NetRatings and Harris Interactive's Holiday eSpending Report released Monday reveals that online shoppers spent $18.6 billion, excluding travel, during the first six weeks of the 2005 holiday season. This year's
Nike, Inc. Beats Fiscal Q2 EPS Estimates; International Futures Weaken
NIKE, Inc. reported revenues increased 10% to $3.5 billion for the second quarter November 30, compared to $3.1 billion for the same period last year. Net income grew 15% to $301.1 million, or $1.14 per diluted share, compared to $261.9 million, or 97 ce