Julio A. Barea SVP/President and CEO of Russell Corp.'s Activewear segment will end his employment with Russell at the end of the month. Under the Agreement, Mr. Barea will be paid a pro-rated portion of the bonus for which he is eligible for 2006, a
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Shop.org: Online Sales to Pass $200 Billion in 2006
After passing the $100-billion mark just three years ago, online sales will top $200 billion this year. According to The 2006 State of Retailing Online, the ninth annual Shop.org study conducted by Forrester Research, Inc., of 174 retailers, 2006 online s
Academy Snowboard Sees International Expansion
Academy Snowboards' international sales are up on a year to date basis of approximately 98%, according to Execute Sports, Inc., owner of the Academy brand. In addition, Academy Snowboards has added Greece, the Czech Republic and Poland to its list of
Sport Chalet to Open 41st Store
Sport Chalet, Inc. will celebrate the grand opening of its new 40,000 sq. ft. store located at 1350 North Moorpark Rd., Thousand Oaks, California 91360 on Friday, May 26th. This location will feature an on-site SCUBA training pool, which will open late su
Golfsmith Lowers Expenses; Increases Sales…
Golfsmith International saw a strong sales result transfer down to the bottom line, where the company’s net loss was more than halved during the seasonally slow first quarter. Due to the timing of sales, a net loss in the first quarter is typical in much
Phoenix Footwear Q1 Organic Sales Up 7.3%…
Phoenix Footwear Group, Inc. net sales for the first quarter increased 52.8% to $40.3 million, compared to $26.4 million for the first quarter of 2005. Organic sales increased 7.3% in the quarter. Gross margin in the first quarter was 38.9%, a decrease o
Orange 21’s Q1 Weighed Down by New Factory…
Orange 21 first quarter earnings were heavily impacted by the integration of its recently acquired factory, LEM, in Italy. In addition sales did not meet expectation due to delayed deliveries and manufacturing issues experienced at LEM. Net sales for the
SIA Retail Audit Sees Strong Finish for Snow Sports Season…
The 2005-2006 SnowSports retail season was like many of the past few years, strong in certain parts of the country and difficult in others. However, at least this year every major ski area was able to open for business for most of the season, unlike last
Congress Passes Key Conservation Issues…
The U.S. Congress last week passed several key measures that promote conservation issues in the federal budget. The House approved amendments that will help keep wetlands and rivers clean, prevent logging in wild forests, and maintain a moratorium on offs
Outdoor U. Continues Momentum in Northeast…
The most recent Outdoor University was held at Camp Becket near Becket, MA. The event drew over 74 retail attendees from 45 stores and ten states with sales reps from 55 companies offering 400 hours of instruction. Combined with its two upcoming sister ev
Paddle Organizations Sue for Chattooga Access…
American Whitewater along with several other paddling organizations filed suit to restore public access for paddling the headwaters region of the 52-mile Wild and Scenic Chattooga River. According to reports filed on American Whitewater's website, th
USFS Launches Youth Education Program…
The Department of Agriculture Forest Service launched its new and improved Junior Forest Ranger (JFR) program by enrolling nearly 100 fifth-grade students from Denver's Ellis Elementary School into the conservation education program. The updated prog
Implus Acquires YakTrax…
Implus Footcare, LLC acquired YAKTRAX snow and ice traction devices. Total Implus revenue with the new brand is projected to approach $70 million for fiscal year 2006. Steve Couder, national sales manager for YAKTRAX, will continue to lead sales for the n
Thule to Acquire Three More Brands…
Thule has been stringing together acquisitions quite rapidly over the past few months with several European brands folded into the portfolio, including anhaenger-center.com, Pewag Schneeketten Group, and Star Industrier. Most recently, the company signed
Execute Sports Has Tough Q1…
Execute Sports net sales for the first quarter decreased 7% to $595,534 from $639,610 last year. The company attributed the sales decrease to the discontinuation of its motocross business line, but noted that the decrease was offset by increased sales fro
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