Sport Supply Group announced that approximately 50 of the largest independent team sporting goods dealers in the United States have joined the Company's Platinum Team Dealer Program. SSG believes the Team Dealers participating in the program have a c
Author: SGB Media
New Bike-Friendly SUV Design Based on Kestrel Bicycles
Kestrel Bicycles has partnered with Ford and Octane to create a cycling-specific custom Ford Escape. Kestrel's carbon fiber road racing bicycles were featured on a Ford Escape concept vehicle at the recent SEMA automotive aftermarket trade show. The
Wolverine Appoints Baird as Managing Director – Europe
Wolverine World Wide announced the appointment of Gordon Baird to the position of Managing Director for the Company's Caterpillar Footwear European
operations. Baird will report to Blake W. Krueger, President of the Heritage Brands Group, and will b
Two U.S. Companies win ISPO BrandNew Awards
NEMO has won the coveted ispo BrandNew Overall Award with its inflatable SAKO tent. Jetboil captured the Hytrel Hardware Accessories category award for its lightweight outdoor cooking system. Other category winners included Yono from Japan (Invista Style
Walden Kayaks Shutters Operations
Walden Kayaks was informed on November 24th that Banknorth, the company’s principal source of financing, was unable to continue financing and the company would be forced to shut down by 5:00 on the same day. Walden Kayaks President, Jeffrey DeSantis, is h
November Retail Sales Fall Short of Expectations…
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
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