SGMA International released their annual State of the Industry report at the recent Super Show in Orlando, and once again focused on the “positive developments” for the industry despite a year of negative growth…
Author: SGB Media
Under Armour Takes on Equity Partner…
In an exclusive interview with Sports Executive Weekly, Under Armour founder and CEO Kevin Plank announced that Under Armour has sold a 9% stake in the performance apparel brand to Rosewood Capital, a San Francisco-based private equity firm. Plank did no
Callaway Takes Top-Flite Hit, But Future May Be Heading in Right Direction…
On the surface, Callaway Golf Company’s results for the fourth quarter and full year 2003 looked like the company was heading in the right direction on the top-line and in the wrong direction in the bottom line…
Acushnet Golf Sees Double-Digit Growth Trend Continue; Builds Share…
Fortune Brands reported that the Acushnet golf division delivered its third consecutive quarter of double-digit sales growth in the fourth quarter of 2003, rising 12.8% to $192 million from $192.8 million in Q4 2002…
Rossignol Shakes Off FX Rate Impact…
On the surface Rossignol appears to be yet another European company with sales being held back by poor U.S. and Asian exchange rates…
Dodge Latest Casualty in Ex-JFF Fiasco…
The old Just for Feet claimed its latest victim in the form of Steve Dodge, the former VP of footwear sales for Converse. Dodge was more recently VP/GM of Tecnica’s Outdoor & Winter Footwear division…
NSGA Report Shows Continued Footwear Price Declines in 2003…
NSGA previewed some of its data from its annual report due that is due out in May. One element of The Sporting Goods Market in 2004 that measures the average retail selling price across 24 categories of footwear shows a slight dip is ASP in 2003 versus 2
USOC and Nike in New Sponsor Deal…
The news just keeps getting better for adidas-Salomon in the U.S. as Nike and the U.S. Olympic Committee announced last week that Nike would replace adidas as an official sponsor and licensee of the U.S. Olympic and Paralympic Teams commencing after the d
The Hockey Company Gets New Blade…
The Hockey Company has acquired a 33.3% stake in t-blade, which is described by the company as “the next generation in skating technology.” The remaining equal shares are owned by Graf Canada Ltd. and t-blade GmbH…
New Era Merging New York Operations…
New Era Cap Company will be merging its aging Buffalo, NY manufacturing operation with its Derby, NY facility, which also houses the company’s corporate headquarters. The company on Friday informed employees at both facilities about the plans for the mov
Ski Area Shops are More Profitable…
The National Ski & Snowboard Retailers Association reported a dramatic increase in area ski shops gross margins, which led to the most profitable season in years.
At the same time, non-area ski shops are experiencing the opposite – declining gross margin
Pacific Trail Looks to Japanese Market…
Pacific Trail is moving overseas, and signing a new Japanese licensing agreement with Ingram Co., Ltd. The agreement gives Ingram the rights to manage and oversee the design, development and marketing of Pacific Trail outerwear and apparel…
The Industry Wins One on the Hill…
The Carol M. White Physical Education for Progress program passed through Congress with a 15% increase in funding as part of an omnibus spending bill. For this year, $69 million has been allocated to the program, which provides grants to public schools,
Two in a Row for Precor…
The Precor division of the Amer group has finalized a deal which will bring ClubCom, a provider of private television networks to clubs and fitness facilities, into the Precor corporate structure. ClubCom operates in two separate divisions – ClubCom, and
Vans Named in Class Action Lawsuit
A class action lawsuit has been filed against Vans, Inc. in the United States District Court in California on behalf of the City of Dearborn Heights Act 345 Police & Fire Retirement System and purchasers of VANS common stock during the period between Marc
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