Nike Adds Aussie Swimwear Licensee…

Nike Swimwear in the southern Asia-Pacific region will now be licensed through Australian swimwear company Seafolly Pty Ltd. The deal announced Monday provides Seafolly with the rights to design, manufacture, market and distribute Nike swimwear in Austra

Galyan’s Profits Up on Weak Comps…

Galyan’s, like so many others in our space, had strong profits on weak sales in the fourth quarter ended February 1, 2003. And like so many other retailers — given the economy and world events — they were unable to give sales guidance for the first qua

…As SVP’s Exit in Cost-Cutting Move

Vans announced that Art Carver, SVP of Global Operations, and Bob Nagel, SVP of Sales and Apparel, are leaving the company as of May 31, 2003. Vans CEO Gary Schoenfeld described the move as “an effort to reduce fixed costs”…

Finish Line Takes Full Advantage of Nike Shift…

The regional managers we spoke with last week were nearly giddy with the way business has grown since the Nike / Foot Locker spat delivered unto The Finish Line key Nike marquee product that until this last quarter resided mainly at its mall competitor’s

Weather Slows Gart Growth…

Gart Sports sees a near-term hit to earnings from its pending merger with The Sports Authority, but the deal may help smooth out the moguls it encountered in its fiscal 2002 fourth quarter sales…

U.S. Team Keeps Fila Dream Alive…

The U.S. Fila team was obviously still driving to the hoop in 2002, even as the European business fell to pieces. Fila Holding posted its first yearly operating profit in recent memory on the backs of a strengthening U.S. business and the conversion of t

Genesco Loses Out on Athletic Opp…

An over-reliance on softening some casual brands and the lack of a key athletic footwear component conspired to rob Genesco of the growth opportunity other retailers are experiencing in the mall. With athletic footwear now representing 28% of the Journey

Pacific Sunwear Takes to the Street…

Pacific Sunwear has certainly turned the tide in the operations area and is now riding a wave of good fortune thanks to strong merchandising, operational efficiencies and aggressive growth. While many other mall retailers continue to suffer from weak com

Price Deflation Impacts Athletic Shoes…

According to The Monthly Mall Merchandise Index, maintained by the International Council of Shopping Centers (ICSC), sales/square foot in mall-based Athletic Footwear stores were $41 in December, a gain of 1.5% versus December LY. Sales for 2002 declined

Quiksilver Sets Pace for Record Year…

Quiksilver looks to riding much the same wave as PacSun, but with broader appeal beyond the narrow – but deep — teen segment. The company is growing business across all age groups, genders and continents to establish a truly global lifestyle brand with

Russell Consolidates Bike Athletic Ops…

It didn’t take long to start the consolidation of Bike Athletic into the Russell Athletic division of Russell Corporation. RML acquired the venerable sporting goods brand out of bankruptcy in late January and should see full consolidation of operations b

Nike Builds Coalition of the Willing…

Maybe the Bush Administration should enlist the help of Nike to help build a broader U.N. coalition against Iraq.
Nike has rounded up a diverse group of supporters as it goes before the U.S. Supreme Court in its first amendment fight over a California Sup