Footlocker: They are starting to see the first of the Nike allocations of AF1, with strong window signing for the black/black release. Still plenty of black S. Carter and G-unit release on hand. Nearly all Timberland styles were discounted. Most other styles were 2/$89 or had another cut price. Most of the I3 Pressure collection […]
Author: SGB Media
As Footwear and Retail Stocks Jump on Renewed Confidence…
The market went wild last week after a number of analysts either initiated coverage or upgraded a number of stocks in the sporting goods industry, sending many companies near or to their 52-week highs. The indices tracked by Sports Executive Weekly on th
Amer’s Atomic Division Acquires Volant
Atomic, The Winter Sports Division of Amer Group Plc. has acquired the Volant brand from Huffy Corporation. Under the terms of the agreement signed Monday, Atomic will acquire all patents, trademarks and intellectual property as well as the manufacturing
Canari Covers Hawaii
Canari Cycle Wear is pleased to announce the appointment of Tom Kern as the company's sales rep for Hawaii…
Clash of the Titans IX: The Return of Jordan…
The apparent softening of the tension between reluctant lovers Nike and Foot Locker has analysts swooning with excitement over the prospect that the industry will go back to the way it used to be. But some of the over-anxious press reports and love-struc
Russell Ups 2004 EPS Guidance; Weak Fleece Sees Q4 Sales on the Low End…
Russell Corporation affirmed its earnings guidance for the fourth quarter and current fiscal year, but said Thursday at its analyst conference in Atlanta that Q4 sales would come in “at the lower end” of their previous guidance of $325 million to $345 mil
Galyan’s Trading Outdoor for Athletic in New Retail Model as Q3 Loss Widens…
In a move that is a sharp departure from its long-held position that it is NOT a sporting goods store, in appears that Galyan’s Trading Company has finally come to the conclusion that they are what most people say they are – a big box sporting goods retai
Dick’s Ups Guidance for the Year…
Dick's Sporting Goods beat Wall Street’s estimates for third quarter earnings and raised guidance for the full year. The analysts’ consensus estimate for DKS was 16 cents a share on revenue of $334.3 million…
Hibbett’s Focus Pays Bigger Dividends…
Hibbett Sporting Goods didn’t have as many weather-related issues in the third quarter due to a product mix focused on fewer cyclical items and weather-dependant categories like outerwear and outdoor equipment…
Hogan Apparel has Sport Haley Looking Ahead to Brighter Days…
Sport Haley’s fiscal first quarter results were encouraging for management, but the company let a 9% increase in SG&A costs prevent a positive net income. The net loss did, however, decrease 7% from $173,000 to $161,000, showing some improvement…
Airwalk Banker Gets Expedited Hearing…
Congress Financial, Airwalk International’s senior secured creditor, has been granted an expedited hearing on November 26, 2003 to press their case with the U.S. Bankruptcy Court in Denver. The Court had stayed the initial NY State Court order that enabl
Watercraft Sinks Johnson Outdoors…
Johnson Outdoors is taking full responsibility for their poor performance in the fourth quarter. Chairperson and CEO Helen Johnson-Leipold said repeatedly said in a conference call with analysts that the management team is “disappointed”, and “It’s time
Dwindle Opens Chop Chop Wood Shop in China for Skate Decks..
Dwindle Distribution announced this week that they will now be producing all of their skateboard decks in China. The new facility has been named the “Chop Chop Wood Shop” and is expected to allow the company to increase the number of man hours spent on ea
Amer Takes on ATEC, Dumps Tobacco…
Wilson Sporting Goods has purchased the Athletic Training Equipment Company from Sport Supply Group for a cash consideration of $10.5 million. ATEC, which manufactures pitching machines and training equipment, posted $11 million in sales last year and we
Genesco Adds Nike to Mall Mix…
Genesco is tapping into the renewed focus on athletic in the mall, deciding to add Nike to their broad breadth of footwear suppliers at Journeys and Underground Station. The company said it will add Nike to a “majority” of Underground Station stores and