It was a week of ups and downs for the public companies in the sporting goods market as the first round of investor conferences kicked in for the new year, prompting more than one company to offer revised guidance for the 2005 fourth quarter and the year.
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
As Deckers Lays Out Broader Vision for Teva and UGG…
Deckers CEO Angel Martinez would probably beg to differ with that girl on the panel as well, and did a solid job providing the ICR crowd with his vision for the Teva, UGG, and Simple brands. Martinez, the former Rockport and Reebok exec that was part of
And Quiksilver Provides More Color on Rossignol…
Quiksilver gave more insight into its positioning with the Rossignol acquisition as the “World’s Leading Outdoor Sports Lifestyle Company,” presenting investors and analysts with a chronology that saw the company post $100 million in sales in Stage 1 as a
Cabela’s to Tweak Store Layout to Boost Sales/SF…
Cabela’s management said that they are not dependent on comp store sales growth to be profitable, but they will nonetheless start to look at improving sales per square foot in the coming years, reducing some of the entertainment features of new stores and
Rocky Sees EJ Take Up More Business…
Rocky Shoes & Boots said that outdoor footwear is now only 22% of the total business, down from 55% of the total, thanks to the acquisition of EJ Footwear. The company will also start to roll out more apparel for all of its brands. Rocky brand outdoor a
VF and Genesco Plan Aggressive Door Growth…
VF Corp. expects to continue to gain efficiencies as it integrates its various acquired businesses, but now expects those synergies to extend beyond the intra-coalition benefits they have been focused on to-date. Genesco talked about its five-year plan,
Reebok: adidas Deal Could Close Before Month-End
Reebok International Ltd., in order to comply with its obligation to provide notice of the proposed effective date of a merger under the terms of certain debt facilities, has filed with the respective trustee of each facility that the merger of the compan
Fleet Feet Promotes Two; Posts 11.5% Comp Sales Gain for Q3…
Fleet Feet, Inc. has promoted Luke Rowe to VP of business development and has named Joey Pointer director of franchise operations. Rowe will oversee new store development, vendor relations, and all other business development initiatives, including Fleet
More from ICR XChange…
The Warnaco Group said it expects fiscal 2005 revenues to increase 5.7% to approximately $1.5 billion over fiscal 2004, but that growth is less than the announced plans for high-single-digit sales growth. K2 Inc. is in no hurry to chase any more big deal
Big 5 Warns on Q4 DC Costs…
Big 5 Sporting Goods Corp. reported that net sales for its 13-week fourth quarter ended January 1 were $217.1 million, versus net sales of $217.6 million for the 14-week fiscal 2004 fourth quarter. Same-store sales, based on a comparable 13-week basis fo
Forzani Continues Momentum; Holiday Comps Jump
Following extensive remodeling at Forzani’s Sport Chek and Coast Mountain retail stores, and an aggressive advertising campaign to support the new banners, the company reported holiday season total retail system sales were up 21.1%. Excluding the recentl
Fortune Magazine Again Sees Sporting Goods as a Good Place to Be; REI Breaks the Top 10…
The Sporting Goods industry was once again shown to be a good place to work as Fortune Magazine released its list of the “100 Best Companies to Work for in America” with four sporting goods manufacturers in the Top 100 and two in the Top 10. W.L. Gore &
Phoenix Footwear Reduces Altama Stock Purchase Price After Weak Performance…
Phoenix Footwear Group and its wholly-owned subsidiary, Altama Delta Corporation, entered into an agreement with W. Whitlow Wyatt, former chairman and CEO of Altama, which modified the terms of the Stock Purchase Agreement dated June 15, 2004 through whic
Stride Rite Needed Saucony to Stay Positive in Q4…
The Stride Rite Corporation saw their acquisition of Saucony provide the company with positive revenue growth in the fiscal fourth quarter ended December 2, a quarter that was also impacted at the owned-retail level by an additional week in the year-ago p
L.L. Bean Reports Strong Double-Digit Holiday Sales
L.L. Bean has reported a 17% increase in sales this holiday season, a considerable increase over last year when the Maine-based retailer reported a 10% increase, and outpacing the national average of 3% to 4%sales growth over the holidays. Internet sales
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal