With advances in average prices outnumbering declines two to one for the 22 categories of athletic and sports footwear surveyed by NSGA, the average price point for all footwear rose 1.1% in 2004. The average price rose to $39.32 in 2004 from $38.88 in 20
Author: SGB Media
Superfeet Discontinues Tool Business
Superfeet Worldwide is discontinuing their manufacturing of premier stretching and boot modifying tools. Superfeet was the first company to manufacture tools of this sort, and they were the first patented product from Superfeet…
Todson Inks Distribution Deal With Arena Swimwear
With the knowledge that most serious and even casual cyclist cross-train, Todson has been awarded the exclusive opportunity to introduce Arena swimwear and swim gear to the more than 4,000 bicycling retail stores throughout the United States. Both compani
180’s Donates Eyewear to USMC in Contract Bid
180s is providing 1,000 pairs of its 180s Eyegear to the United States Marine Corps (USMC). After testing the 180s Eyegear earlier this year, the USMC requested to buy 1,000 pairs of the sunglasses. As a sign of support for the nation’s military, 180s
GoLite appoints Kevin Volz as Customer Service Manager
GoLite announced that Kevin Volz has joined its Boulder, Colorado headquarters staff as Customer Service Manager. Volz brings over 15 years of outdoor retail experience to GoLite, the past nine of which he served as Manager of the Eastern Mountain Sports
NYSE Suspends Trading of Footstar Shares
The New York Stock Exchange announced today that it determined that the common stock of Footstar Inc. – ticker symbol FTS – should be suspended immediately. Application to the Securities and Exchange Commission to delist the issue is pending the completio
Nike Sees U.S. Strengthening Across the Board…
Nike, Inc. blew past analysts’ EPS estimates for their fiscal second quarter ended November 30, besting the prognosticators by 8% to 11% by posting earnings of 66 cents per diluted share on much better margins, benefits from currency exchange rates and im
Collegiate Pacific to Acquire Kesslers…
Kesslers Team Sports of Richmond, IN, the nation's largest independent team sporting goods distributor with annual revenues exceeding $30 million will join the Collegiate Pacific stable. Terms of the deal, which is expected to close in early 2004, w
Quiksilver Rolls Despite Tough Department Store Business…
Quiksilver, Inc. continued to roll toward their goal of becoming a true global brand as they beat external and internal EPS estimates for the eighth quarter in a row. The company’s march to become the first billion dollar beach/surf lifestyle brand shoul
Callaway Dominates Ashworth Growth …
Ashworth, Inc. reported fiscal fourth quarter net revenue for the company’s domestic segment increased 8.6% to $27.7 million from $25.5 million in the year-ago period. The international segment increased 15.4% to $4.5 million from $3.9 million. Full year
The Free Trade (Dis) Agreements…
Two separate trade agreements have been making news lately, the ten year old North American Trade Agreement and the brand new Central American Free Trade Agreement. Both treaties are said to strip away barriers to trade, eliminate tariffs, open markets, a
K2 Inc. is One Acquisition Away from Billionaire’s Club…
K2 Inc. is forecasting fiscal year 2004 sales of approximately $920 million and earnings per share in the range of 92 cents to 94 cents…
Vail Resorts Hit with Record Verdict…
A jury awarded $17.5 million in compensatory damages to Joette Williams and her deceased husband’s family. The couple suffered from carbon monoxide poisoning in August of 2001 at a Jackson Hole, Wyoming resort owned by Vail Resorts. Joette Williams surviv
Vans Looks to Girl’s Biz for Growth…
Vans was bleeding red ink in fiscal Q2 regardless if they include the troubled skatepark business in their GAAP results or when look at their continuing “base business” that excludes the five skateparks that will close this year. The company appeared to
Rossignol Feels the Currency Pains…
Rossignol sales have dropped 11% for the first six months of the 2003-04 season from €224.9 million ($226.1 million) to €199.9 million ($213.9 million)…
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