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
Author: sportsoneauthor
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
VF Corp. May be Moving Closer to Deal for Majestic…
VF Corp. is apparently inching closer to a deal to a acquire Majestic Athletic. While both parties have been mum about a deal since the story first surfaced in a Sports Business Journal article in December, a spokesperson for VF Corp. confirmed Friday tha
Delta Apparel Issues Warning on Q2 and Full Year Results…
Delta Apparel, Inc., which also presented at the ICR XChange, said it expects fiscal second quarter revenues to be approximately $72 million to $73 million, down from its prior guidance of $74 million to $78 million. Earnings are now expected to be in th
Brine Extends Sponsorship of Syracuse Men’s Lacrosse
Brine has signed an agreement with Syracuse Men's Lacrosse to continue a long-standing relationship as the team's official equipment supplier. Brine has provided the Syracuse Orange with lacrosse gear for the past twenty-five plus years…
Rab to Enter U.S. Market
Rab, a British manufacturer of technical mountaineering garments, gear and accessories, is entering the U.S. outdoor market in 2007. Rab was established by Rab Carrington in 1981, an alpinist, climber, and author of numerous first ascents around the world
Aravon Hires New Asst. Product Developer
Aravon announces the addition of Sarah Smith as Assistant Product Developer. Smith comes to the brand with a background in Textiles, Fashion Merchandising and Design. As Assistant Product Developer, Smith will contribute to the development and design of
Blademaster Inks Deal with USA Hockey
USA Hockey and Blademaster inked an agreement that will make Blademaster the exclusive supplier of ice hockey skate sharpening systems and inline skate servicing systems to USA Hockey until 2010…
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