JJB Sports second half revenues were 6.0% higher than last year with a same-store sales increase of 6.3%. The combined gross margin from both JJB’s retail stores and health clubs increased 170 bps than last year. Total revenue for the 5 week Holiday perio
Author: SGB Media
PPA Changes Name; Moves Forward with Unification
The Professional Paddlesports Association (PPA) has changed its name to the Paddlesports Industry Association. The name change is the first step in the organization’s adoption of the recommendations put forth by the Paddlesports Industry Unification Workg
China Footwear Factories Sue Over EU Anti-Dumping Tariff
According to the China People's Daily, the official government-controlled news service of mainland China, a group of five Chinese shoemakers have sued the European Union over the recently imposed 16.5% anti-dumping tariff on China manufactured footwe
Mountainsmith Parent Merges with Investment Group…
Mountainsmith’s parent company, Pacifica LTM and Blackstone Investment Group of Springfield, Misso., have merged together. Under terms of the agreement, Pacifica’s five operating companies, including Mountainsmith, and Blackstone’s four divisions will mer
Industry Public Companies Give Peek Under the Tent for 2007 at Investor Conferences…
The weather wasn’t what most from the east coast were hoping for, but the 9th Annual ICR XChange delivered on its promise once again as one of the best run investor conferences in the market. Held this year at the St. Regis Monarch Beach Resort in Dana P
Kobe Leads Jersey Sales, NBA Store Has Record Q4…
According to the NBA Store on Fifth Ave. in NYC and its ‘NBA’s Most Popular Jersey List,’ L.A. Lakers star Kobe Bryant has the most popular jersey in the NBA, moving up three spots from the end of last season. Bryant, who had the most popular jersey durin
Beckham Gives adidas Marquee Player in U.S. Soccer…
David Beckham, adidas’ top sponsored soccer athlete, is jumping across the Atlantic to play for the Los Angeles Galaxy MLS team. The deal that brought Beckham to the U.S. is reportedly worth over $250 million in salary, sponsorships, and endorsements plus
Big 5 Q4 Sales Increase 7.1%…
Big 5 Sporting Goods Corporation saw its fourth quarter end in line with the overall annual trend in sales. For the fiscal fourth quarter, sales increased 7.1% to $234.5 million from $218.9 million last year. Same store sales increased 4.2% for the quarte
Ashworth Sees Weak Q4 Slow Full Year Gains…
Ashworth, Inc. depended on its international business to bump up sales for the fiscal year and to keep the decrease for the quarter below the double-digit mark. The quarterly sales dip was exacerbated by margins decreases and expenses increases, widening
NSGA Report: Footwear ASP’s Rise 3.6% in 2006…
Preliminary data from “Sporting Goods Market in 2007,” a report published annually by the National Sporting Goods Association, indicates that the average price point for athletic footwear rose 3.4% in 2006. In 2006, the average price rose to $42.16 versu
Stride Rite Corp. Swings to Profit in the Fiscal Fourth Quarter…
The Stride Rite Corporation looked to their fiscal fourth quarter to reverse of number of negative trends for the year, but still see some issue in their base children’s business and don’t expect to see Keds post growth until the back half of the current
adidas/Reebok Factories Shut Doors in Indonesia…
Two Korean-owned, Indonesia-based factories, PT Dong Joe Indonesia and PT Spotec, which produced footwear for adidas and Reebok, closed last year following financial difficulties and the owners leaving the country, according to sources at adidas. Both sup
Industry Companies on Fortune’s Best to Work for List…
Timberland, Nike, REI and W.L. Gore all landed spots on Fortune’s annual “Top 100 Companies to Work For” list. W.L. Gore, REI and Timberland have been included in the list every year since its inception in 1997 while Nike first appeared on the list last y
Moretz Snags First Under Armour Licensee of the Year Award..
Moretz Sports, which manufactures performance socks for Under Armour, has won the Under Armour 2006 Licensee of the Year award. This is the first such award for licensees from Under Armour, Inc.
Anvil Debt Holders Take 99% Stake in Company…
Anvil Holdings, the parent company to Anvil Knitwear, has completed a financial restructuring of its capital structure that effectively eliminates approximately $200 million in debt and preferred stock in exchange for new equity and warrants. The company
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