Urban Expositions has formed the “International Golf Gathering,” an invitation only annual trade show designed to meet the changing business needs of the golf industry’s leading international suppliers and buyers. As the first and only show of its kind i
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Garmin Picks Up New European HQ
Garmin Europe, Ltd., a division of Garmin Ltd., has signed a contract to purchase a new facility to serve as the company's European headquarters for distribution, marketing, and product support. The facility is located in Southampton, England on a 12
Egeck Leaves VF Outdoor; Gatto Takes Over
VF Corporation has named Dave Gatto President of its Outdoor Americas coalition. Gatto previously served as President of the Reef brand, which VF acquired in 2005. VF also announced that John Wilson, Vice President of Domestic Sales and Apparel for Reef,
Golf Town Q2 Sales Jump 14.7%; Comps Up 4.7%
In the second quarter of fiscal 2006, Golf Town total sales grew to CA$82.1 million ($73.1 mm), an increase of 14.7% over the CA$71.6 million ($57.6 mm) recorded for the comparable period in 2005. The growth in sales was largely attributable to the additi
Irons Help, But Drivers Hinder Adams Golf in Q2
Adams Golf saw total net sales increase 29.8% to $25.7 million for the second quarter from $19.8 million for the same period last year. Net sales of drivers decreased 54.8% to $2.8 million; net sales of irons increased 118% to $18.3 million; net sales of
Obituary: Bill Meistrell
Bill Meistrell was a pioneering waterman and lifeguard whose inventions, talents, and exploits helped transform surfing and diving into worldwide phenomena and billion-dollar industries. He died from Parkinson's disease on Tuesday, July 26th at his
Sporting Goods Sales Detract from Everlast’s Q2 Revenues…
Everlast Worldwide Inc.’s second quarter net revenues were down 4.9% to $9.8 million from $10.3 million in the same period in 2005. Net licensing revenues for the quarter increased 3.4% to $3.0 million from $2.9 million last year. Revenues from sporting g
Berkshire Hathaway Completes Russell Corp. Deal…
At a special stockholder’s meeting on August 1, shareholders of Russell Corp. approved of the acquisition that will see Russell become a subsidiary of Fruit of the Loom, Inc., itself a subsidiary of Berkshire Hathaway Inc. The $18.00 per share selling pri
Garmin Continues Upward Momentum in Q2…
Garmin continues its sharp growth curve, riding on the popularity of personal navigation devices and outdoor/fitness GPS devices. The company grew sales during the second quarter by 64% to $432.5 million. 1,281,000 units were sold in the second quarter of
Nikwax Sees Upside in North America
Nikwax N.A. saw a Canadian sales increase of 18% during the first half of 2006 over the same period of 2005 and a 22% increase in the United States market for the first two quarters. Nikwax aftercare waterproofing products have continued to face increasin
Easton-Bell Takes Bike Business In-House
Easton-Bell Sports and Veltec Sports, Inc. have decided to end their distribution agreement and sales representatives of Easton-Bell Sports will take over Easton distribution effective September 1st. Veltec will continue selling Easton wheels and componen
Zumiez Posts Strong July Comps
Zumiez Inc. total net sales for the month increased 44.6% to $19.8 million from $13.7 million last year. The company's comparable store sales increased 8.4% for the four-week period on top of a 12.7% jump during last year’s month.
Comps were 12.4%,
Pacific Cycle Sees Inventory Reduction at Retail Impact Bottom Line; Looks Beyond Bikes…
Dorel’s recreational and leisure segment, which is made up almost entirely of Pacific Cycle, parent company to the Schwinn, Mongoose, and GT brands, saw a tough second quarter as mass merchant customers looked to reduce inventories and an excess Stingray
Riboud Resigns from Quik Board
According to a filing with the SEC, Franck Riboud has resigned from his position as a director of Quiksilver, Inc. The company expects that Mr. Riboud will continue to work with them on an advisory basis…
Cybex Names Ahearn as Treasurer and CAO
Cybex International, Inc. appointed James M. Ahearn as Treasurer and Chief Accounting Officer. Mr. Ahearn, 56, has been employed by Cybex for more than five years. He has served as Cybex’s Treasurer since 2003, prior to which Mr. Ahearn served as Cybex’s