The end of a cycling success story came to somewhat of an end last week as SRAM Corp. took the final steps in the closure of the RockShox manufacturing facility in Colorado Springs. SRAM, the manufacturer of braking and shifting components, acquired the
Author: SGB Media
Brunswick Expands Table Assets…
Dynamo, LP, a manufacturer of commercial and consumer pool, foosball and table hockey products, particularly for the coin-operated and specialty retail sales channels.
VF Stumbles on Retail Inventory Woes…
Shares at VF Corporation, the parent company of The North Face, Eastpak and Jansport, dropped 8.8% for the week to close at $35.23 on Friday after the company issued a rather dim view of its prospects for the second quarter…
The Finish Line Will Crush Q1 Earnings Guidance; Ups Full-Year Estimates…
Based on the first quarter sales report issued last week, The Finish Line is upping its earnings guidance for Q1 and the balance of the year…
Quiksilver’s Global Reach Shows Sales Gains — and Inventory Pains…
Quiksilver is capitalizing on its own retail stores, a premium brand message and lifestyle image at home to navigate through the negative retail environment as it benefits from a weaker dollar to post higher sales and margins in Europe.
New Pony Collection Unveiled…
SPORTS EXECUTIVE WEEKLY last week had a chance to take a sneak peek at the new GBMI incarnation of the Pony brand at the recent FFANY show in NYC. Some product will be available for late Holiday delivery with a full launch in spring of 2004.
Ashworth Lowers Prices to Drive Sales…
Ashworth is capitalizing on its license for the Callaway brand, but price pressure from competitors and a soft retail environment has caused the company to cut prices on its basic product in the 8% to 10% range in the second quarter to fuel at-once busine
Puma Recovers After Share Sell-Off…
Shares at Puma AG rebounded a bit by the end of the week after falling Monday on news that the company’s largest shareholder Monarchy/Regency Enterprises, put its entire 39% holding up for sale. Puma closed down 3.6% for the week to close at €83.70. Gol
Reebok Looks To Build Global Image…
Reebok International held its Annual Investor Conference on Wednesday, playing to a crowd eager to hear more about the company’s plans to capitalize on its recent gains in the market — and on the street.
THC Prices IPO to Pay NHL…
The Hockey Company Holdings Inc., which will be the new Canadian public entity that owns the CCM, JOFA and KOHO brands, has priced its Initial Public Offering of 4.5 million common shares at CN $16.00 per share. The offering is not available for sale in
Forzani May Be Eyeing U.S. Move…
Canada’s largest sporting goods retailer, had to rely on its franchise stores to provide positive comp store growth in its fiscal 2004 first quarter. The Forzani Group Ltd. said comps at franchise stores jumped 11.1% for the period, while the corporate-o
April U.S. Factory Orders Shrink…
The Commerce Department reported on Thursday that April orders for goods manufactured in the U.S. saw their largest decline in more than a year, falling 2.9% to $320.0 billion for the month. Economists were expecting a 1.8% decline.
Burma Ban Picks Up Steam in Congress…
Senators Mitch McConnell (R-KY) and Dianne Feinstein (D-CA), two U.S. senators that rarely agree on anything, introduced legislation last week demanding a ban on all imports from Myanmar, the former Burma. The action comes on the heels of the May 30 deta
Quick, Before They Get On Solid Food…
With the LeBron James endorsement deal saga now over, it’s time to get down to the serious business of signing up athletes before they garner the attention of adidas’ Sonny Vacarro…
The Post Takes on Footstar…
The New York Post, that Bible of American finance, devoted a full page in last Tuesday’s issue to take Footstar to task for its oft-delayed filing of its 10K and 10Q financial reports…