adidas will be taking the German Football Association (DFB) to arbitration court over a disagreement regarding the length of adidas' sponsorship agreement. adidas said in a release that it believed the deal “was effectually extended in August 2006 un
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Adams Golf Sees Q4 Sales Jump
Adams Golf reported net sales increased 35.1% to $13.1 million for the fourth quarter from $9.7 million in the comparable period last year. The company used the sales gains to switch last year's net loss of $1.0 million to a net income of $4.4 millio
Sports Authority Extends GSI Agreement
The Sports Authority Inc. and GSI Commerce Inc. have added a 10-year extension to their existing long-term e-commerce agreement…
Golfsmith Q4 Revenues Up 4.5%, Net Loss Improves
Golfsmith International Holdings, Inc. saw fourth quarter net revenues amount to $75.0 million, up 4.5% from $71.8 million in the year-ago quarter. In the fourth quarter, same-store sales decreased 5.5%. The company reported a net loss of $1.6 million, or
Vail Second Quarter Earnings Climb
Vail Resorts, Inc.'s mountain segment reported a 10.5% increase in fiscal second quarter revenues to $272.0 million from $246.2 million for the comparable quarter last fiscal year. Mountain expense increased $9.2 million, or 6.1%, to $159.9 million.
adidas Group Passes €10 Billion Mark for 2006; Reebok Drag Persists…
At this time last year, management at adidas Group were busy working on the integration of a recently-acquired Reebok business, contending with a sharp decline in order backlog, a projected sales decline, lower margins, and lower operating margins for the
Foot Locker Sees Reduced Promos Boost Profits…
Foot Locker Inc. management said they took their foot off the promotional pedal during much of the month of December in the U.S. and for most of the entire fourth quarter in Europe, a move that helped the world’s-largest-athletic-specialty-retailer post s
Genesco Sees Continued Strength at Journeys Formats; Urban Formats Hurt Q4…
Genesco Inc., which has seen its Journeys format at ground zero for three of the biggest trends over the last year, may be starting to see some issues with two of its other key formats. While Journeys has been riding the fashion athletic wave from the be
Rocky Brands Sinks into the Red in Q4…
Hurt by a slowdown in its western boot business, Rocky Brands Inc. reported a loss of $100,000 against a profit of $2.6 million, or 46 cents per share, a year ago. Revenues fell 5.7% to $70.6 million from $74.9 million…
Rossignol’s Weak Winter Drags Down Quiksilver’s Fiscal First Quarter Results…
Quiksilver was a victim of the warm winter weather during the company’s fiscal first quarter with both Europe and U.S. winter sports sales declining in the double-digits. While the company gained some market share during the fiscal fourth quarter, the re-
Cutter and Buck Fiscal Q3 Hurt by Litigation, Last Year’s Discontinued Product…
Cutter & Buck Inc. posted a sales decrease for the fiscal third quarter, which paired with an increase in SG&A expenses to cause the company’s net income to fall. On a conference call with analysts, the company noted that the decrease in sales comes as a
Ashworth Sees Domestic Woes Plague Q1 Results…
Growth overseas was not enough to offset decreases in the U.S. for Ashworth during the company’s fiscal first quarter. The overall sales decline, paired with increased expenses as well as decreased gross margins related to the “underutilization of the Emb
K2, Inc. Grabs Snow Sports Market Share in Fourth Quarter…
K2 Inc. appears to be the only publicly reporting snow sports company to see any up-side in the 2006-07 winter season. The company reported solid top-line and bottom line growth during the fourth quarter with these results primarily driven by winter sport
K2 Grabs Snow Sports Market Share in Q4…
K2 Inc. appears to be the only publicly reporting Snow Sports company to see any up-side in the 2006-07 winter season. The company reported solid top-line and bottom line growth during the fourth quarter with these results primarily driven by winter sport
Heely’s Rolls Through First Quarter in Public Eye…
Heely's, Inc. ended its first quarter as a public company at the same time as it ended its first fiscal year, all the while reporting triple-digit growth for sales and earnings for both periods. Sales grew both within the U.S. and without, with domes
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