The Finish Line, Inc. reported net income for the first quarter of $4.4 million or 9 cents per diluted share, down 65.4% from $12.7 million or 26 cents per diluted share reported for the same period last year. Consolidated net sales decreased 1% to $289.0
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Golf Galaxy Q1 Sales Jump 40.9%
Golf Galaxy, Inc. saw net sales for the first quarter of fiscal 2007 increase 40.9% to $82.5 million from $58.6 million for the same period of the prior year. Comparable store sales increased 1.0% for the fiscal first quarter on top of an increase of 10.5
Everlast to Produce Co-Branded Rocky Collection
Everlast Worldwide Inc. entered a new licensing agreement with MGM Consumer Products to produce a co-branded Everlast/Rocky sporting goods and toy collection to include youth boxing equipment, heavy bags, and inflatables. The collection will launch in Oct
Collegiate Pacific Subsidiary to Distribute Porter in SoCal
Collegiate Pacific's wholly owned subsidiary, Tomark Sports, has been named the Exclusive Supplier of Porter Athletic custom engineered product for Southern California. The exclusivity agreement covers Los Angeles, Orange, San Bernardino, Ventura, Sa
Gildan’s San Marcos Factory Hit by Fire
One of Gildan Activewear, Inc.'s sewing facilities, located in San Marcos, Nicaragua, has been destroyed by a fire. No Gildan employees were injured, and at this stage the company's assessment is that the economic impact to Gildan is expected to
Rocky Brands Licenses Zumfoot Brand for Casual Footwear
Rocky Brands, Inc. has signed a licensing agreement with Sole Matters, LLC, for Rocky to produce, market, and distribute a line of men's and women's casual footwear under the brand name Zumfoot. Sole Matters, LLC operates nine lifestyle footwear
Sport Chalet Sees Rewards from Diversification…
Sport Chalet, Inc. finished off its 2005-06 fiscal year, which ended on March 31, 2006, with strong results, thanks to late season snow in Southern California, Nevada, and Arizona. While the winter season started out slow for the states west of the Rockie
Shaka Shoes Settles with Crocs…
Crocs, Inc. and Shaka Holdings, Inc have agreed to settle a lawsuit pending in the U.S. District Court for the District of Colorado. The suit filed by Crocs alleged that Shaka infringed Crocs' U.S. patents and its trade dress. There is also an admi
L.L. Bean will Open Two Mass. Shops…
L.L. Bean plans to open stores in Dedham and Mansfield, Massachusetts, in 2007 and 2008 respectively. The stores will be approximately 30,000 square feet and each will employ 125 people year round. Both new shops will feature L.L. Bean's new Outdoor
FIFA Goes Green at World Cup…
FIFA is working with the MyClimate foundation to offset global warming-related greenhouse gas emissions produced by the 2006 World Cup in Germany, making it the largest climate impact neutral event in the world, and one of the largest “carbon offset” proj
First Quarter Shows Little Growth in SG Industry Bottom Line…
After two strong years of sales and profit growth from acquisitions and operational efficiency improvement, sporting goods industry vendors and manufacturers came back to earth with a bit of a thud in the 2006 fiscal first quarter. U.S. companies were pl
Timberland Picks Ups GoLite Marks to Launch New Footwear Line…
The Timberland Company has acquired certain assets of GoLite LLC, including trademarks, for an undisclosed amount and will introduce a new line of trail running footwear under the GoLite brand. Under the arrangement, GoLite footwear will be managed out of
Industry Vendors See Tough Q1…
The theme of vendor consolidation, which was so pervasive in the first quarter last year, took a back seat to simple fundamentals this year. While there were a few “tuck-in” acquisitions that had some effect on the softgoods sector, the only major deal th
While Retailers See Mixed Bag…
Retailers in the Bicycle, Outdoor, and SnowSports sectors are showing strong top-line improvements, but this is not trickling down to the bottom line in all circumstances. SnowSports Retailers in the Northeast had a particularly difficult Q1. The warm wea
Hot Chillys Moves in a New Direction…
Steve Lee has joined Hot Chillys in the new position of VP of Sales. Previously all sales, marketing and operational duties were divided between Hot Chillys two founders, Ray Bolton and Guy Wells. Lee came to Hot Chillys from his sales agency, The Blue Sk
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