Kymsta Corp. is appealing the February 2004 ruling from its trial against Quiksilver, Inc. over the “Roxy” trademark. It filed its notice of appeal on March 18…
Author: SGB Media
NSP Hires New Assoc. Director of Education Programs
The National Ski Patrol has hired Kyle Hanson as associate director of education programs for the association. Hanson’s primary responsibilities will be enhancing NSP’s Outdoor Emergency Care Program and promoting its use within the association and the o
Petzl and UOL Raise $10,000 for Recreation Protection
Petzl, in partnership with Utah Open Lands, recently raised $10,000 in funding for land protection and preservation in Utah's Grand County. Petzl sponsored a special screening of the Banff Mountain Film Festival in Moab in an effort to raise awarenes
Nike Posts a $500 Million Sales Increase in Q3…
Nike is starting to see the planets align for continued growth in sales and earnings going forward as they whittle away at the cost of goods and the market reports improvement in sales of $100+ footwear. The market shift — aided by tighter inventories t
Not Exactly Another Clash of the Titans…
Footstar has reportedly reached an agreement with Nike over a dispute that arose over Nike’s attempt to cut the retailer’s discount terms. A report in a local paper quoted a Footstar spokesperson that said, “The terms are confidential, and the proceeding
Footstar GOB Sales Get Under Way; Will Close Additional Doors…
Footstar commenced Going Out of Business sales at 163 stores on Friday, including all remaining Just for Feet locations and 75 of the company’s Footaction stores. Hilco Merchant Resources was the winning bidder in the auction to be appointed as liquidati
McCool Sentenced in JFF Fraud Case…
The first sentence in the Just for Feet fraud case was handed down on Thursday, with adidas America’s Timothy R. McCool receiving an eight-month sentence and a $10,000 fine. He pled guilty in October to conspiracy to submit false statements to the audito
The New Sports Authority Sees Operational Upside, Sluggish Sales in Q4…
The format that the New Sports Authority is using to report numbers will give it some cover over the next year as the positioning of a “lost quarter” for the old TSA’s Q2 make it impossible to draw any clear full-year comparisons for the pre- and post-mer
L.L. Bean Sales Jump 10% in 2003…
L.L. Bean had one of its most productive years in the company’s 92 year history, posting a 10% increase in sales to $1.2 billion. Sales in all channels were up over 2002, with the company’s e-commerce business jumping 26% and retail division up 12% for th
Galyan’s May Get New Honeymoon Period for New CEO…
Galyan’s Trading Company has been given a new honeymoon period as the markets appear to be taking a positive approach to new company CEO Ed Holman. GLYN shares jumped more than 32% for the week to close at $10.62 on Friday after Holman laid out a number
NSGA Survey Focuses on Sporting Goods Retail Profitability…
Full-line sporting goods and specialty sport retailers did not fare as well this year as far as profitability goes, according to the NSGA’s Cost of Doing Business Survey.
The report, published every two years by the National Sporting Goods Association, in
Cutter and Buck Gives Investors Reason to Cheer About, But Sales Still Struggle…
Cutter & Buck signaled its continued drive back to health last week, announcing that it will pay out a dividend for the first time. Shareholders of record on March 26 will receive a dividend of five cents per share…
Callaway Golf Defends its Turf
Callaway Golf Company has seized 27,000 club-heads from Newport Golf, an Anaheim, California-based entity controlled by a Jimmy Lin. A court-mediated settlement recently gave Callaway Golf over $800,000 and 28,000 other golf club components valued at mor
Apparel , Ski-Systems, and Snowboarding are Hot at Specialty Stores…
According to the most recent SIA Retail Audit for the 2003/2004 winter season, total sales for the winter sports market increased by 1.8% to $1.72 billion compared to $1.69 billion last year. Unit sales were up 4.6%, again signaling some price erosion.
Yue Yuen Continues Vertical Moves…
Yue Yuen released first quarter financials that showed the manufacturing company diversifying both it’s categories and regional distribution.Net sales showed a 5.4% increase over last year, from $611.5 million to $644.7 million. Gross margin dropped 170 b
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