The Federation of the European Sporting Goods Industry met with European Trade Commissioner Peter Mandelson to discuss the European Commission’s investigation into allegations of dumping by China and Vietnam of footwear with leather uppers and explained t
Author: SGB Media
Johnson Outdoors Narrows Q4 Loss on 2% Sales Increase
Johnson Outdoors fiscal fourth quarter sales were $77.1 million, an increase of 2% compared to $75.6 million for the prior year quarter. Net earnings for the quarter improved to a net loss of $3.4 million or 39 cents per diluted share versus a net loss of
Shoe Carnival Third Quarter Income Jumps 46% on 8.3% Comp-Store Increase
Shoe Carnival, Inc. net income for the third quarter of fiscal 2005 increased 46.3% to $7.2 million compared with net income of $4.9 million in the third quarter of fiscal 2004. Diluted earnings per share increased 39.5% to 53 cents per share from 38 cent
Kona Inks Deal with Velo Bella
The Kona Bicycle Company announced a new two-year partnership with the fabulous women of Velo Bella – the California-based collective of professional bicycle racing teams and clubs. The new Team Velo Bella-Kona partnership will encompass Velo Bella’s prof
Appalachian Mountain Club Launches New Website
Boston Web Design helped with the re-design for the Appalachian Mountain Club website — www.outdoors.org, America's oldest nonprofit conservation and outdoor recreation organization. The Appalachian Mountain Club required a re-designed website to se
The Sports Authority Beats Q3 Guidance; Comps Climb 1.2%
The Sports Authority, Inc. third fiscal quarter diluted EPS was 13 cents compared to previous guidance of 9 cents and last year's income of one penny, excluding integration costs. Comparable store sales increased 1.2%. Net income for the third quarte
Hibbett’s Earnings Jump 41% on 8.4% Comp Increase
Hibbett Sporting Goods' net sales for the third quarter increased 20.0% to $110.6 million compared with $92.1 million. Comparable store sales increased 8.4%. Net income for the third fiscal quarter increased 33.6% to $8.2 million compared with restat
Jury Finds in Favor of Icon in Nautilus Case
Nautilus, Inc. expressed its disappointment with a jury verdict in a case pending in U.S. District Court in Salt Lake City. The verdict is subject to review by the Court and will not become final until the Court has received additional briefing from the p
GSIC Resolves Accounting Errors; Restates Results
GSI Commerce Inc. resolved the two matters previously disclosed – the investigation of whether $283,000 of credits recorded in the fourth quarter of fiscal 2004 were recorded in the proper period and the reconciliation of the company's accounts payab
Gander Mountain Q3 Comps Fall 8.5%; Reports $7.5 Million Net Loss
Gander Mountain Company third quarter sales increased 20% to $214.4 million while Comparable store sales decreased 8.5%. The company reported a net loss for the third quarter of 2005 of $7.5 million, compared to a $1.7 million restated profit for the thir
Gander Signs Leases for Three New Stores
Gander Mountain Company signed leases for three new outdoor lifestyle specialty stores to open in the spring of 2006. All of the new stores will be built for Gander Mountain with approximately 65,000 square feet plus outside selling space. Each will inclu
Royal Robbins Hires Scott Hamlin as Product Director
Royal Robbins hired Scott Hamlin as its new Director of Product. Scott has more than 13 years of product and branding experience, working with international brands, including adidas and Jockey. As Royal Robbins’ Director of Product, Hamlin will be respo
All Polartec Styles Receive Oeko-Tex Certification
Malden Mills announced that all existing styles of Polartec fabric have received the Oeko-Tex Standard 100 Certification and all new styles will be tested for approval on a rolling basis. Textiles that have been tested to the criteria of the Oeko-Tex Stan
Nils Reorganizes Design Teams
Nils re-organized its Design department into three distinct teams with Susie Wiyninger, Aimee Jacobs, and Linda Kinney each managing their own design teams. The goal is to insure fresh and innovative approaches each year in the women's winter sports
Traptek Makes Time Magazine’s ‘Amazing Inventions’ List
Time Magazine's annual issue introducing “the most amazing inventions of the year” named TRAPTEK technology incorporated in Cannondale’s Carbon LE garments as one of the world’s most amazing inventions for 2005. TrapTek’s invention permanently embeds