Consumers continued to shift their spending to luxury and department stores in November, but the gains there were not enough to generate much of a positive trend for the holiday season. The real energy this season will probably arrive even later than rec
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
On-Line Holiday Spending Season is Underway…
According to OIA, on-line retail sales growth in the outdoor industry is out-pacing brick & mortar sales growth by more than a two to one margin. With the holiday selling season ramping up, e-commerce outdoor retailers are seeing some fundamental shifts i
Easton Bell Integration is Progressing Smoothly…
Easton Bell Sports management hosted a conference call to discuss the integration of the two companies and give more details on sales results last week. The 80.1% overall sales growth for the third quarter was primarily attributed to the acquisition of Ea
Umbro Warns on 2006 Sales…
While Umbro has continued to perform in line with management’s expectations internationally, sales in the U.K. market continue to be heavily promotional and challenging. As a result, the company issued an earnings warning stating that full-year results ar
Garmin to Acquire Dynastream in $36 million Deal…
Garmin is enhancing its position in the fitness and training industry by acquiring one of its key component suppliers, Dynastream for $36 million in cash. The Alberta-based company will continue to operate as a wholly-owned subsidiary of Garmin. Dynastrea
Mike Ashley Adds Kangol to Brands Portfolio…
August Equity Trust plc reported in a release that the equity fund had “realized its investment” in the Kangol brand signifying its sale, while reports out of the UK name Mike Ashley, owner of Sports World, as the buyer. Rumors tag the final purchase pric
DSW Q3 Comps Increase 2.6%; Raises Guidance…
DSW Inc. raised its guidance for the year after a strong Q3 capped better-than-expected YTD results. Management said that it was “pleased” with its women’s results for the third quarter, with comps driven by a strong performance in casual footwear, bette
On-Line Holiday Spending Season is Underway…
According to OIA, on-line retail sales growth in the outdoor industry is out-pacing brick & mortar sales growth by more than a two to one margin. With the holiday selling season ramping up, e-commerce outdoor retailers are seeing some fundamental shifts i
Garmin to Acquire Dynastream in $36 million Deal
Garmin is enhancing its position in the fitness and training industry by acquiring one of its key component suppliers, Dynastream for $36 million in cash. The Alberta, Canada-based company will continue to operate as a wholly-owned subsidiary of Garmin. D
Zumiez November Comps Rise 12.1%; Sales Jump 43.9%…
Zumiez Inc.'s net sales for the month jumped 43.9% to $25.9 million from $18.0 million last year. The company's comparable store sales increased 12.1% for the four-week period on top of an 18.8% gain in the year-ago period.
Management attribute
Eurobike Partners with Sea Otter to Address U.S. Market…
Last month, Messe Friedrichshafen announced to the bicycle trade that they would be exporting a U.S. version of Eurobike sometime in 2007, and then quickly decided to postpone the event until 2008. This week, the organization inked a deal that will bring
Easton Bell Integration Progressing Smoothly…
While Easton Bell Sports reported their sales and earnings last week, management hosted a conference call to discuss the integration of the two companies and give more details on sales results this week. The 80.1% overall sales growth was primarily attrib
U.S. Supreme Court Hears CO2 Regulation Case…
The U.S. Supreme Court heard oral arguments this week in the Massachusetts v. EPA suit. To many environmental groups and outdoor businesses that depend on snowfall, this is considered a landmark global warming case. Petitioners in this case are asking the
Thule’s SportRack Acquisition Changes Canadian Distribution Structure…
Following the acquisition of SportRack, which closed in September of this year, Thule decided to end its 25-year relationship with its Canadian distributor, Sport Dinaco. Thule will assume all distribution and sales of Thule products in Canada using its S
Orange 21 Struggles with LEM Acquisition…
During the third quarter, Orange 21 ran into some manufacturing and supply delays at its newly acquired Italian manufacturing subsidiary, LEM, which caused the company to post its first organic sales decline since going public two years ago. Total net sal
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