After issuing a call to action two weeks ago, the Sporting Goods Manufacturers Association said it received strong support from the sporting goods industry in their effort to keep the Carol M. White Physical Education Program (PEP) alive. Because of this
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Outdoor Coalition Again Drives VF Corp. Gains…
VF Corporation reported their 11th consecutive quarter of record sales and earnings results. Revenues rose 8% in the second quarter to $1.57 billion, compared with $1.45 billion in 2005. This increase was fueled by organic growth across VF’s different co
Collective International Picks Up Sims License…
Collective International, LLC secured the exclusive, world-wide rights to Sims Snowboards from Tom and Hilary Sims. The agreement names Collective as the exclusive licensing agent through 2026 and also provides Collective the option to purchase the tradem
Collegiate Pacific Sees a Legal Challenge to SSG Deal…
Costa Brava Partnership III L.P., Greenwood Capital L.P., and Greenwood Investors, L.P. filed a lawsuit seeking to recover damages for “breaches of fiduciary duty” from Sport Supply Group's controlling shareholder, Collegiate Pacific, Inc. The indiv
Sara Lee Financially Structures Apparel Spin-Off…
Sara Lee Corporation has approved the capital structure for the planned tax-free spin-off of its apparel business into a separate, publicly traded company called Hanesbrands Inc., which includes brands like Duofold, Champion, Beefy Tee, and Hanes. Hanesbr
Sports, Inc. Awards the Best…
Sports, Inc. named the winners of its industry awards last week. Bush-Wells Sporting Goods won Store of the Year; while SanMar won Vendor of the Year; and Bill McIver, Holloway National Sales Manager, won Salesperson of the Year…
NGF: Rounds Played Slip 3.2% in May…
According to the National Golf Foundation, May rounds were down 3.2% nationwide on a same-store basis, breaking a streak of four months during which rounds were in positive territory. Nevertheless, rounds are up 4.5% for the first five months of 2006 vers
Restructuring Slows Oakley’s Bottom Line Growth…
Oakley, Inc. saw record net sales for the second quarter, but the restructuring of its footwear and apparel businesses, combined with average selling prices that trailed off “slightly,” the shift of its shipping calendar, and cancellations due to late ap
Rebel Sports Sees World Cup Upside in FY2006…
Rebel Sport Limited’s group sales revenue for the twelve months ended July 1, 2006 increased 17.1% to A$371.2 million ($278.4 mm) when compared to the twelve months ended July 2, 2005, including sales revenue from the Glue lifestyle stores. Sales on a sam
And World Cup Boosts John David Group…
The John David Group Plc, stated at its recent Annual General Meeting that comps for sports stores during the first half are now up by 4.0%, excluding the recently acquired Allsports chain. The growth was said to be due to the World Cup to some extent. T
But Hurts Black’s Leisure’s U.K. Outdoor Sales…
At its Annual General Meeting, U.K.’s largest outdoor retailer, Blacks Leisure, said that total Group sales for the first 20 weeks of the fiscal year increased 2.6%, but comp sales fell 1.0%. The company stated that the World Cup has had a significant neg
Lafuma Sees 13.5% Growth in Fiscal Q3…
The Lafuma group reported a 27.7% increase in revenues for the fiscal nine month year-to-date period to €163.6 million ($198.9 mm) compared to €128.1 million reported last year. Much of this increase is due to the acquisition of the French surf brand, Oxb
New Apparel Brands Hit Market…
Two companies from opposite ends of the sporting goods spectrum — skate and tennis–launched forays into the apparel realm last week. In the action sports sector, Sole Technology launched Altamont Apparel Ltd., which is set to hit select stores globally
Nautilus Acquires Bob Rodgers Patent Portfolio…
Nautilus, Inc. has acquired the patent portfolio of fitness inventor Bob Rodgers, who is regarded as one of the top inventors, especially surrounding elliptical cardiovascular trainers. The patent portfolio contains more than 30 individual patents surroun
InSport Restructures After Vital Apparel Acquisition…
Local papers are reporting that InSport International plans to lay off 12 people. The layoffs come after the company was acquired by Vital Apparel last November and accounts for most of InSport's staff. Vital will shift distribution and several other
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