In the West North Central states (MN, IA, MO, ND, SD, NE, KS), sales at sporting goods sales outgrew the total for the U.S. as a whole by 10.9 percentage points for the period stretching from the 1997 Census to 2002. For the region, sales grew 34.4% from
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Golfsmith Hopes to Raise $115 Million in IPO
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
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
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
Cutter and Buck Greets New Faces with Strong Q3…
In a conference call discussing Cutter & Buck’s third quarter, the company welcomed its new CEO Ernie Johnson and its new president, Kaia Akre. Both are replacing the recently retired CEO and president, Tom Wyatt. It was handshakes all around as the new m
Callaway Apparel Helps Ashworth Post 11% Q1 Sales Gain…
For the fiscal first quarter of 2006, Ashworth saw total sales increase 11% over the prior year quarter. Sales of Ashworth branded merchandise increased 3.5% to $20 million, while Callaway Golf apparel increased 23% over last year’s first quarter to $10.6
SnowSports Retail Results Remain Strong Through January…
In spite of tough weather conditions throughout much of the Northeast, SnowSports sales remained strong thanks to a healthy early season and near-perfect conditions in the Western states. However, January sales for the industry did lag behind last year at
U.S. and China Increase Anti-Counterfeiting Laws…
As more manufacturing of footwear and apparel in the Bicycle, Outdoor, and SnowSports industries moves off-shore, the costs of protecting trademarks and intellectual increases. Many manufacturers are facing growing counterfeiting problems, including Timbe
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