The sluggish start to the Holiday shopping season had analysts scrambling last week, as most cut projections for Holiday retail sales gains after November comparable store sales results fell short of expectations. Sports Executive Weekly is also hearing
Author: SGB Media
Forzani Gets Q3 Wholesale Lift to Post Positive Sales; Margins Suffer…
The Forzani Group Ltd. saw its gross margins narrow in the fiscal third quarter ended October 31 due primarily to an increase in the company’s Wholesale business, which carries lower margins than the retail side. Wholesale is now more than a third of the
Gildan Racks Up Market Share Gains as Unit Sales Outpace Market…
Gildan Activewear saw sales in the fourth quarter increase 33.3% to $145.6 million from $109.2 million in the fourth quarter of fiscal 2003. The increase was attributed to a 20.4% increase in unit shipments coupled with higher selling prices and more fav
Oakley Stock Falls on Thump’s Slump…
Shortly after the Thanksgiving holiday weekend several analysts downgraded Oakley stock, citing poor sell-through of the much hyped THUMP sunglass/MP-3 player. OO shares fell 12.3% for the week to close at $12.03 on Friday evening…
Pakistani Sporting Goods Manufacturers Vow to Go Green…
The Global Forum for Sports and Environment conference, backed by the UN Environment Program was held for the first time in Lahore, Pakistan, the city of origin for 60% of all of the world’s soccer balls. During the Forum, the country’s sporting goods man
VF Outdoor Coalition Outlines New Management Roles…
Mike Corvino has been been promoted to president of JanSport. He was most recently VP of sales and merchandising for VF Imagewear. He will report to Mike Egeck, president of VF Outdoor – Americas, whi made the announcement last week amid a flurry of oth
Russell Athletic: And Then There Were Three… Again…
Russell Corporation continues to experiment with organizational structure, this time splitting the Russell Athletic business into three business units again after three years as a merged business. This time the business will be split into Team, Men’s Ret
Umbro Upbeat at Analyst Meeting…
Umbro last week invited institutional investors and analysts to company HQ in the U.K. for presentations on Umbro’s marketing strategy, its international licensee network, new product development, and updates on the U.K. and U.S. markets…
Huffy Corp. to Sell Snowboard Assets to Salter Group…
As SEW reported last week, Huffy Corporation filed a motion in U.S. Bankruptcy court seeking approval to sell its Hespeler hockey, in-line skates, and action sports businesses to Forzani Group Ltd. in a deal worth $1.6 million. Huffy was also soliciting
Rossignol H1 Profits Hurt by FX Rate Impact, Asia Restructuring…
Last month, SEW’s sister publication The B.O.S.S. Report reported that The Rossignol Group’s first half sales showed a marked improvement, but requests to delay shipments and exchange rates again pulled sales down.
Consolidated group sales for the firs
Retail Execs Upbeat Despite Weak Nov…
U.S. retail executives were rather hopeful for a strong start to the Holiday shopping season, based on the latest findings of the NRF Executive Opinion Survey, a monthly index by the National Retail Federation. The tempered outlook in the October survey
Outdoor Specialty Sees Increased Competition…
Outdoor Industry Association has published the bi-annual top-line retail sales report for the outdoor industry. The reports include a 12 month review (last six months of 2003 and first 6 months of 2004 roll-up) and details specialty and chain store sales
Forzani Gets Q3 Wholesale Lift to Post Positive Sales; Margins Suffer…
The Forzani Group Ltd. saw its gross margins narrow in the fiscal third quarter ended October 31 due primarily to an increase in the company’s Wholesale business, which carries lower margins than the retail side. Wholesale is now more than a third of the
Casual Market Fuels Outlast Growth…
Outlast has been expanding its horizons and looking to new markets beyond technical outdoor gear. The company said that it has grown five-fold since 2001. During this same period, Outlast has introduced a variety of new, improved products; lowered costs;
Huffy Corp. to Sell Snowboard Assets to Salter Group…
As BOSS reported last week, Huffy Corporation filed a motion in U.S. Bankruptcy court seeking approval to sell its Hespeler hockey, in-line skates, and action sports businesses to Forzani Group Ltd. in a deal worth $1.6 million. Huffy was also soliciting