Golfsmith International Holdings, Inc., has filed a registration statement with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its common stock through which the company estimates raising $115 million. The co
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Globe Int’l Posts 9.5% H1 Sales Decrease
Globe International reported a 9.5% decrease in sales for the fiscal first half to A$98.3 million ($73.9 mm) from A$108.6 million ($79.7 mm) during last year's first half. The company saw EBITDA for the first half decrease 83.1% to A$1.2 million ($0
Eastern Skateboard Supply to Distribute Dekline
Dekline footwear has entered into an exclusive distribution deal with Eastern Skateboard Supply. ESS will distribute Dekline footwear for the Eastern region of the United States. Tum Yeto Inc., a 15 year-old vertically-integrated supplier of skateboard pr
Sporting Goods Retailers Close Out Solid Year…
The fourth quarter was a mix of good news and bad for the industry’s largest public sporting goods retailers as most saw a nice boost in footwear comps in January to cap off a fairly decent quarter for the business. The shift of footwear dollars from Feb
Russell Rolls Out New Integrated Team Dealer Group…
In an effort to better emphasize and leverage its portfolio of team sports brands, Russell Corporation has created an integrated Russell/Spalding Team Sports Group to manage all team dealer efforts for the Russell Athletic, Spalding, Huffy Sports, Bike At
CamelBak Acquires Tactical Glove Manufacturer…
CamelBak Products has acquired Southwest Motorsports Enterprises, Inc. one of the U.S. military’s top manufacturers of form fitting gloves for tactical and combat applications. Martina Hutchinson, Southwest Motorsports founder and president, will now lead
Gander Mountain Sees Upside in Slower New Store Growth, Building Private Label…
Gander Mountain managed to impress Wall Street with fourth quarter earnings results that far outstripped previous guidance and consensus estimates. But the hunt/fish/camp retailer is still seeing difficult comparisons to previous performance at many of i
L.L. Bean Sales Hit $1.47 Billion in 2005…
L.L. Bean reported net sales of $1.47 billion for its 2005 fiscal year ended February 26, a 4% increase over 2004 net sales of $1.41 billion. L.L. Bean’s e-commerce site became its primary sales channel for the first time this year, out-stripping brick &
K2 Inc. Profits Hurt by Goodwill Write-Down…
K2 Inc. reported healthy organic growth for the 2005 fourth quarter, but a large write-down related to the company’s goodwill and intangible assets negatively impacted earnings by $253.2 million for the quarter and the year. This charge resulted from K2’
Kellwood Restructuring On-Plan…
Kellwood, parent company to Kelty, Sierra Designs, and Slumberjack showed some positive results for the fourth quarter, in spite of slower sales in its two biggest divisions. However, the company’s “Other Softgoods” division, which houses all of its outdo
Rossignol Deal Makes Europe Quiksilver’s Largest Region; Quik Cuts Fiscal Q2 Guidance…
Quiksilver, Inc. reported a considerable top-line benefit from the Rossignol acquisition during its fiscal first quarter ended January 31 and was able to able to take full advantage of the “lost quarter” effect since Rossignol was not on a quarterly repor
Nike and adidas on Same Side in $38 mm Counterfeiting Award…
It seems the two companies are more likely to find themselves in court against each other these days, but a U.S. District Court magistrate in New York made the world’s two largest athletic brands partners of sorts — at least for a day — after recommendi
Umbro Swings to Profit in Non-Tournament Year…
Umbro plc was able to swing to a profit in the 2005 fiscal year despite a sharp decline in total revenues and the lack of any key tournaments during the year. Operating earnings before exceptional items inched up 1.3% to £24.5 million ($45 mm), compared
The Sportsman’s Guide Starts Playing Team Sports…
The Sportsman’s Guide saw another strong quarter as sales and earnings were up for the both the fourth quarter and the year. During a conference call with analysts, management was also excited about the recently launched BaseballSavings.com and SoftballS
Stride Rite Solidifies Saucony and Hind Management…
The Stride Rite Corp. shuffled the deck at its Hind and Saucony subsidiaries this past week, enhancing the top management structure and the design department. At Hind, Todd Dalhausser was appointed general manager. He will report to Richie Woodworth, pre
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