At the Umbro Annual General Meeting, Peter McGuigan, CEO, said that sales for the year are in line with expectations. International Wholesale Sales and Royalty Income are anticipated to continue to grow. Asia has delivered a “particularly pleasing perfo
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
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
Sports Retailers See Better Softgoods Drive Sales Growth in First Quarter…
The U.S. sports retail business was a bit of a mixed bag in the first quarter as early numbers from the public companies started to come in over the last two weeks. Dick’s Sporting Goods and Big 5 Sporting Goods both posted solid comp store sales gains i
True Temper Q1 Sales Slip; Net into Red
True Temper Sports, Inc. posted net sales for the first quarter were $31.7 million down slightly from $32.1 million recorded during the first quarter of 2005. Net income for the first quarter decreased approximately $0.4 million, to a net loss of $0.2 mil
Cloudveil Launches iClinic Video Sales Clinics
Cloudveil and its Midwest rep group, Pemba Serves, debuted iClinic, an alternative to in-person rep clinics. The iClinic concept gives retailers and floor staff the opportunity to download a podcast on a specific brand or product 24/7. The potential of th