Author: SGB Media

Reno Whitewater Park Gives OR Show Decision a Twist…

May 23, 2004 SGB Update

Even though the Reno Convention center won’t provide any more room for the Outdoor Retailer Summer Market than its current location, there may be other reasons to re-locate to the city. Reno Mayor, Bob Cashell, recently inaugurated the $1.5 million Truck

Outdoor Retail Looks Healthy Again…

May 23, 2004 SGB Update

Montrail is reporting a solid first quarter, with sales increasing 33%, the best quarter the company has seen since its inception in 1993. The performance was attributed to strong sell-through, the renewed European expansion and new products – especially

Shimano Expands to Meet Demand…

May 23, 2004 SGB Update

Shimano shares jumped 10.3%, the second highest increase on the Osaka Securities Exchange following the release of the company’s annual report. The company said sales climbed 6.6% from ¥134.7 billion ($1.1 billion) last year to ¥143.6 billion ($1.3 billio

LL Bean Attacks Pop-Up Ads; Files Suit…

May 23, 2004 SGB Update

LL Bean has filed suit against a software company that is putting pop-up ads that offer coupons to competitors’ stores on the Bean website. The software company, Gator.com Corp, claims that it has a right to send these pop-ups to any customers who use its

Dick’s Seems to Like the Competition…

May 23, 2004 SGB Update

Dick's Sporting Goods looks to be quite pleased with their entry into the Indianapolis market, the hometown of rival Galyan’s Trading Company. The retailer also continues to look south as it soon enters the former home state of its chief competitor,

Galyan’s Continues Turnaround Work…

May 23, 2004 SGB Update

Galyan’s Trading Company was the lone comp sales decliner so far in our review of sporting goods retail results, but the 1.4% decrease slowed a bit from recent quarterly results, coming on top of a 6.3% comp sales decrease in Q1 last year. The comp sales

Johnson Family Extends $18 Per Share Offer

May 21, 2004 SGB Executive SGB Update

Johnson Outdoors announced that Helen Johnson-Leipold, Chairman and Chief Executive Officer, and Samuel C. Johnson, majority shareholder and director of Johnson Outdoors, are extending their non-binding proposal to acquire the outstanding public shares of

Nikwax Forms New U.S. Subsidiary

May 21, 2004 SGB Update

Officials from Watershed USA, the managing partner of Nikwax USA, and Nick Brown, owner of Nikwax Ltd., have announced that they will part ways. Nikwax UK is committed to expanding its position in the North American market and will establish a new headqua

AKU enters U.S. Market

May 20, 2004 SGB Update

AKU, Trekking and Outdoor Footwear, with headquarters in the Montebelluna region in Italy, has named Joe Guglielmetti General Manager for its U.S. operations. Guglielmetti will be responsible for overseeing sales, marketing, and distribution in the U.S. o

Nordstrom Earnings Climb 153%

May 20, 2004 SGB Update

Nordstrom reported net earnings of $68.7 million, or $0.48 per diluted share, for the first quarter of 2004. For the same period last year, net earnings and earnings per diluted share were $27.2 million and $0.20, respectively. 2004 results include $20.

Stage Stores Net Income Climbs 41%

May 20, 2004 SGB Executive SGB Update

Stage Stores reported that net income for the first quarter, 2004 increased 41.0% to $18.9 million from $13.4 million for the prior year first quarter. Due to the higher number of diluted shares outstanding in this year's first quarter versus last ye

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