With the ballots counted and appointments made, the 2008 OIA Board of Directors is complete. The new slate of Directors was ratified at Thursday’s board meeting in Salt Lake City. Seven new board members were elected by OIA members and five appointed seat
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Quiksilver Makes Sales Promotions
Quiksilver named John Mills, formerly SVP, Quiksilver major account sales, as SVP of sales, Quiksilver brands for Quiksilver Americas. Dave Rosenberger, currently VP of sales for boys and winter sports, will now also serve as national sales manager for Qu
adidas Expands Q2 Margins to Post 27% Net Income Gain
During the second quarter of 2007, adidas Group revenues grew 3% on a currency-neutral basis. In euro terms, Group sales decreased by 1.6% to € 2.40 billion ($3.2 bn) in the second quarter of 2007 from € 2.43 billion ($3.06 bn) in 2006. Second quarter gro
Joe’s Names HR Manager
Joe's Sports & Outdoor has hired Jill R. Inskeep to fill the position of human resources manager. Ms. Inskeep was formerly senior HR manager for WebMD in Portland, Oregon…
Zumiez Posts 9.7% July Comps Increase
Zumiez Inc. recorded a July sales jump of 42.4% to $28.2 million from $19.8 million for the same month last year. The company's comparable store sales increased 9.7% for the four-week period, on top of an 8.4% improvement in the year-ago period…
Warnaco Group Slowed by Swim in Q2
The Warnaco Group, Inc. saw overall company net revenues increase 4.4% to $465.1 million compared to $445.6 million in the prior year period. Revenues for the Sportswear Group increased 15.1% to $192.9 million and operating income increased to $19.0 milli
Iconix Brand Group Posts Strong Second Quarter Gains
Iconix Brand Group, Inc. second quarter licensing revenue increased 113% to approximately $39.1 million from $18.4 million in the second quarter of 2006. Net income for the second quarter was $14.8 million, jumping 78.3% from last year's $8.3 million
Heelys Doubles Q2 Sales, Triples Net Income
Heelys, Inc. recorded a 140% increase in net sales for the second quarter to $74.3 million from $30.9 million a year ago, beating earlier guidance of $65 million to $70 million. Net income jumped 205% to $12.8 million from $4.2 million for the year-ago qu
Golfsmith Switches to Net Income Despite Comps Decline
Golfsmith International Holdings, Inc. saw second quarter net revenues increase 9.6% to $125.0 million from $114.1 million for the second quarter of fiscal 2006. Sales benefited from the opening of new stores, but was offset by a 4.8% decrease in net reve
Amer Sports Expects Annual Decrease in EBIT
Amer Sports expects its EBIT for the 2007 fiscal year to decrease from last year's €120.2 million. According to the company, the downturn will result from “the 2006/07 season's uncommonly mild winter, which had a larger-than-anticipated effect o
Hidary Group Back in Everlast Acquisition Game
Everlast Worldwide Inc. has entered into a settlement agreement with Hidary Group Acquisitions, LLC and Hidary Group Acquisitions, Inc. providing for the dismissal, with prejudice, of Hidary’s lawsuit against Everlast, which sought to block Everlast’s pen
Sport Chalet Sees Challenging Fiscal First Quarter…
Sport Chalet continues to bolster its position in its home SoCal market while at the same time investing in expansion into Northern California, Arizona, Nevada and Utah. However, a challenging retail environment in the back half of the quarter slowed the
Under Armour Sees Connection with Younger Generation Paying Off…
Under Armour continues to deliver solid top- and bottom-line results even as the brand reaches what many thought was near maximum penetration of its core full line sporting goods channel. But the brand is also reaching new customers with its core compres
Callaway Golf Sees Fusion Drivers Give Second Quarter More Loft…
Callaway Golf Company saw its margin initiatives continue to pay off in the second quarter as net income growth well outpaced sales growth. A mix shift that saw a larger percentage of sales occur in Woods than Irons also helped boost margins and the bott
Big 5 Q2 Net Income Falls on Macro Trends…
The big news for Big 5 in Q2 was an end to 45 consecutive quarters of positive quarterly comps results. Management noted the difficult macro-economic environment as a cause behind the sales decline with President and CEO Steve Miller saying they are “se
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