Nike, Inc. received a less that hoped for ruling in an arbitration case arising from a contract dispute between the company's Converse subsidiary and Alon International, S.A., a former licensee for Converse in Brazil, Argentina, Paraguay and Uruguay.
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Broder Strong in All Divisions…
Broder Bros., Co. saw first quarter net sales increase 6.0% to $209.6 million from $197.7 million for the first quarter 2005. The company posted a net loss for the first quarter of $5.3 million compared to a net loss of $5.4 million last year…
Warnaco Swim Has Tough Q1…
The Warnaco Group, Inc. posted net revenues of $466.3 million in the first quarter, up from $439.5 million in Q1 2005. Gross margin was 37.4% of net revenues, compared to 35.7% in the first quarter of fiscal 2005. Net income totaled $16.1 million, or 34
Helly Hansen Latest on the Auction Block…
Investcorp, a private equity firm incorporated in the Cayman Islands, is selling Helly Hansen after holding onto the company for nearly ten years. Investcorp has also included well-known companies like Saks, Gucci, and Tiffany in its past portfolio. Helly
Big 5 Q1 Bottom Line Hurt by New DC Expenses…
Big 5 Sporting Goods Corporation posted strong top line gains for the first quarter of 2006, with same-store sales increasing 5.3%, representing the company's 41st consecutive quarter of positive same-store sales comparisons and the strongest quarter
The Sportsman’s Guide Benefits from Hunt/Fish/Golf Combo in First Quarter…
The Sportsman's Guide, Inc. saw net sales for the first quarter increase 11% to $71.6 million from $64.6 million for the same period in 2005. The increase in net sales for the period was primarily due to increased Internet-related sales. Sales at Spo
NGF: Strong Start for Golf in ‘06…
According to the National Golf Foundation, 2006 is off to a better start for golfers than 2005. Rounds played in the U.S. were up nearly 10% in the first quarter of 2006 over the same period last year when rounds played were down 5.2%. Same-store rounds
Golf Town Shrinks Q1 Loss…
Canada’s golf specialty retailer, Golf Town, had a strong first quarter with both new stores and old contributing to top line growth. The strong sales helped to shrink the net loss in what is typically the company’s quietest quarter.
In the first quarter
Head Sales Increase on Euro Shift; Looks to Golf…
Head N.V. saw continued momentum in the first quarter as increased racquet sports participation and a particularly good snow year in both Europe and the U.S. pushed the top line and restructuring efforts continued to boost margins. The strong performance
Skiing and Adventure Travel Drive Intrawest in Q1…
Intrawest finished its first quarter of 2006 well above last year, with total revenue up 18% to $550.9 million and EBITDA up 24.7% to $136.5 million from $109.5 million last year. However, due to a change in the estimated depreciation on resort assets, in
Pacific Cycle’s Big Box Sales Down; IBD Sales Up
Dorel Industries, parent company to Pacific Cycle and the Schwinn and GT brands, reported revenues for the first quarter declined 4.4% to $451 million compared to $472 million a year ago. Earnings declined 11.1% to $24.2 million from $27.2 million and dil
Endura Licenses Asics Watches…
Endura SA, parent company to the Swatch brand, signed a global licensing agreement with ASICS Corporation. Endura will create a new collection of ASICS timepieces. In spring 2007, the new ASICS watch collection will debut at the Baselworld Watch and Jewel
Recall: Trek Bicycle Helmets…
The U.S. Consumer Product Safety Commission, in cooperation with Trek Bicycle, has issued a voluntary recall of the Trek Anthem C Elite and Anthem C Elite WSD Model Bicycle Helmets. The recall covers about 4,500 of the helmets. Product testing demonstrate
EK Wins Lawsuit against Chisco…
In a Consent Judgment and Permanent Injunction entered on April 20, 2006, the United States District Court for the District of Utah has decreed that Chisco’s P2 Powercord eyewear retainer infringes on EK Ekcessories’ 3 Way Retainer Patent. Chisco was perm
OIF Takes a Look at the Hispanic Community…
Amidst the turmoil brewing in the U.S. Congress over the growing illegal immigrant population in the country, Outdoor Industry Foundation is taking a different look at the Hispanic culture that is adding diversity to the country. With the help of UCLA’s A
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