West Marine June Comps Down 2.0%

West Marine reported that net sales for the five weeks ended June 28, 2003 were $98.4 million, a 25.0% increase from net sales of $78.7 million for the same period a year ago. Comparable store net sales for the five weeks ended June 28, 2003 decreased 2.0

Shoe Pavilion Reports Q2 Same Store Sales off 7.6%

Shoe Pavilion announced net sales were $21.2 million for the second quarter ended June 28, 2003, compared to net sales of $22.7 million for the same period in 2002, a 6.9% decrease. Net sales from the Company's retail stores and Gordmans licensed sho

Sears Elects Bax To Board

The board of directors of Sears, Roebuck and Co. today announced the election of William L. Bax, 59, former managing partner of PricewaterhouseCooper's Chicago-area practice, to membership on Sears' board of directors. His election increases th

GolfGear Licensing Zevo’s ‘Compressor’ Drivers

GolfGear has granted a non-exclusive, worldwide license to Golfsmith International to sell the remaining stock of metal woods it acquired from Zevo Golf – more specifically the Zevo Compressor drivers – under GolfGear's patents covering its proprieta

REI First To Act After FCC Ruling on Personal Locators

Following the recent FCC ruling approving the sale and use of personal locator beacons (PLBs) in the continental United States beginning July 1, Recreational Equipment, Inc. announced the availability of the new satellite-assisted search and rescue techno

Stride Rite Down on Weak Canvas Biz…

The weather-inflicted declines in sandals appear to have hit another key category this spring – canvas. Stride Rite reported fiscal second quarter numbers for its canvas product impacted the sales and profits for the company across all brands, nearly era

adidas Makes Moves in Europe…

adidas-Salomon has signed a far-reaching partnership deal with sporting goods retailing powerhouse Intersport. The specific terms of the four-year agreement with the operator of over 4,500 retail doors were not revealed. Intersport reportedly produced €

…and China…

Since 1979 adidas has been the main sponsor of the Chinese World Cup Football development program, and on June 26th they signed a deal that continued this support until 2010.
While adidas did not release any financial information, they did state that thi

Brunswick Corp. Broadens Base…

The folks at Brunswick Corp. have been busy buying up technology and distribution avenues with the $33 million purchase of a majority stake in New Zealand GPS manufacturer Navman, and the $52 million purchase of Pompano FL based Land ‘n Sea Corp…

REI Move Pulls Web Buyers Into Store…

REI launched its in-store pick-up program last week, enabling customers that order items via the REI Internet properties to pick them up at their local REI store to avoid shipping costs…

Nike Wins the Summer Hoops Trifecta…

Nike Inc. won the trifecta this week, with the addition of Kobe Bryant to its player roster. Nike declined to disclose terms of the deal, but estimates put it at roughly $45 million…