Nokian Tyres is going to sell its bicycle tyres business to Suomen Rengastehdas Oy, which is currently being established. The buyer will continue to run and develop the bicycle tyre business in the town of Lieksa in Finland. The new owner will also take
Author: SGB Media
OR Brings Backcountry Base Camp Back to Brighton
Back by popular demand — the 2nd Annual Backcountry Base Camp (BBC) will return to the Brighton Backcountry in Utah’s Big Cottonwood Canyon on Friday, January 28th — one day prior to the four-day Winter Market tradeshow held in Salt Lake City’s Salt Pal
Gander Shares Fall on Sales and Profit Warning
Gander Mountain shares fell 25% on Tuesday on news the retailer had lowered its outlook for pretax income for fiscal 2004 to a range of $8 million to $13 million, compared with prior guidance of $16 million to $21 million. The company also said that it ex
Collegiate Pacific Q1 Sales up 364%; Income Climbs 669%
Collegiate Pacific reported Q1 fiscal 2005 results for the three month period ended Sept. 30, 2004. Net Sales were up 364% to $27.7 million vs. $5.9 million during Q1 last year. Operating Profit was up 655% to $3.4 million vs. $0.5 million during Q1 last
adidas-Salomon Sees Healthy Q3 on Strong Apparel Business…
adidas-Salomon saw fairly balanced sales increases across all three divisions in the third quarter, but a slowdown in brand adidas order backlog in Europe is offsetting excitement over renewed energy in North America. Still, total third quarter net sales
Sportsman’s Guide Sees Golf Warehouse Push Internet Sales Even Higher…
The Sportsman's Guide, Inc. saw the Internet play an even bigger part in the sales increase for the third quarter. Internet and catalog sales grew as a percentage of base business sales, reaching 41% of sales in Q3 versus 36% in the year-ago period,
Dana Moves Under Marmot’s Umbrella…
Dana Design will relocate in November from Vashon Island, WA, and operate under K2’s Marmot division in Santa Rosa, CA. Zac West, Dana’s head designer and product manager, will continue in that capacity for the Dana brand, focusing on the development of l
ASICS America Files Trademark Suit…
ASICS America Corp. and ASICS Corporation Japan have filed suit in Federal District Court against Wanted Shoes, Inc. of Edison, New Jersey for trademark infringement, unfair competition, trademark dilution and false advertising…
Sport Chalet Posts Strong Fiscal Q2; Will Enter Arizona Market…
Sport Chalet, Inc., the Southern California retailer that has been rapidly expanding into Northern California and the Las Vegas area, is now eyeing Arizona as the new frontier for growth with an initial opening of four locations in the Phoenix area in fis
Sporting Goods Hall of Fame Elects Five New Inductees
The Sporting Goods Industry Hall of Fame Committee has elected five new Hall of Famers to be inducted during the 41st Annual NSGA Management Conference & 7th Annual Team Dealer Summit in May 2005. This year’s class includes Roger Atkin, formerly of NFL P
SGMA Sees Generational Shift…
SGMA International last week announced that Tom Rogge, president of Cramer Products, has been elected chairman of the SGMA Board of Directors. Steve Furniss, founder and EVP of TYR Sport, Inc., was elected as vice chairman. Dick Kazmaier will remain on
Hybrid Shafts and Tax Benefits Help Boost Aldila’s Q3 Sales and Earnings…
Aldila capitalized on the popularity of their NV wood shaft line to post a 35.0% increase in net sales for the third quarter of 2004 to $10.8 million, compared to $8.0 million last year. Branded sales increased 198% while golf shaft units shipped were up
Rossignol Hurt by Asia Weakness…
Rossignol’s fiscal second quarter and first half showed a marked improvement, but requests to delay shipments and exchange rates again pulled sales down. The delayed shipments are having a “positive effect” on second half sales, and the company is maintai
Occupational Market Pushes LaCrosse Sales Up…
LaCrosse Footwear recovered from a flat second quarter and posted a 15.4% increase in third quarter net sales to $34.5 million compared to $29.9 million in the third quarter of 2003. The company said it has benefited from the occupational market's ye
October Retail Sales Benefit from Hurricane Rebuilding and Loss Replacement…
It looks like the Hurricanes that were blamed for much of the retail sales weakness in September added to the fortunes of a number of retailers in October as people spent heavily to rebuild homes and replace lost items…