According SGMA International's Recreation Market Report, sales of sporting goods equipment, sports apparel, and athletic footwear at wholesale in the U.S. were $52.2 billion in 2004, up 4.2% over the 2003 mark. Equipment sales were also up for the y
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Longitude Group Report Finds Off-Course Golf Retail Has Room to Grow
The Longitudes Group announced the release of its 2005 Market Trend Report on USA Off-Course Golf retail, finding that in the overall off-course retail segment, the trend shows the large format retailers are aggressively opening stores across the country,
The Finish Line Confirms New Women’s Only Concept…
Sports Executive Weekly first reported on the move six weeks ago (SEW_0533) after a mall developer let the cat out of the bag, but The Finish Line provided a bit more detail on their intentions in their quarterly conference call with analysts on Fr
Confluence of Events Prompts Vendors to Sound Alarm…
Russell Corporation had to issue an earnings warning for the second quarter in a row, as the company sees a number of issues compound on top of each other to suck the energy out of the business. Management said the most recent warning is the result of on
Golf Galaxy Running Strong in Slack Golf Market…
Golf Galaxy issued its first quarterly report as a public company with all signs pointing to a solid start, as increases to the top and bottom lines and improvements for each line between boosted its fortunes in a weak golf market. Golf Galaxy needed a s
Renovations Drive Strong Back to School Period at Forzani…
During Forzani’s second quarter conference call with investors and the media, the company placed emphasis on their renovation efforts at Sport Chek and Coast Mountain Sports (See BOSS_0536). The Forzani Group is now seeing the results of these renovations
Nautilus Pearl Izumi Deal Was Clearly a Premium Buy…
Nautilus Inc. filed a report with the SEC last week that provided more insight into Pearl Izumi and Dash-America, Inc., its parent company that was acquired by NLS in early July. The total value of the deal was approximately $69.7 million in cash and app
EBFC Takes Issue with EU Anti-Dumping Probe…
The European Branded Footwear Coalition, which is comprised of several athletic and outdoor footwear companies like ECCO, Timberland, Merrell, Rockport, Sebago, Teva, Ugg, and Simple, is concerned about a possible “detrimental impact” of the current Europ
adidas Deals with Challenges to Pending Deals; Inks More Olympic Presence…
The Amer Sports Corporation acquisition of Salomon from adidas-Salomon AG will be delayed by two weeks due to a revision of the processing schedule by EU competition authorities. Salomon will commence operating as an Amer Sports division on October 1, 20
Converse Ties Up Wade for Long Term…
Converse appears to have a great deal of faith in its young basketball endorser, last week announcing a deal that will see the Miami Heat’s Dwyane Wade in Converse product for at least seven years. Terms of the deal were not announced, but published repo
Federated to Convert Marshall Fields to Macy’s; Sees Seven Regions…
Federated Department Stores will further expand the use of the Macy’s and Bloomingdale’s nameplates as it moves to integrate the stores recently acquired through its merger with May Company that was completed on August 30. The giant department store reta
Online Sales Grow as Web Advertising Evolves…
According to a new forecast by Forrester Research, U.S. Online Retail will nearly double over the next five years, jumping from $172 billion in 2005 to $329 billion in 2010. The research firm feels that new innovations will make online shopping easier an
Champion, Duofold Parent Vertically Integrates…
Sara Lee Branded Apparel is making a move to more vertically integrate its operations and gain control of its entire supply chain with the acquisition of National Textiles and DFK Trading Corporation. National Textiles is a yarn and textile production co
Sports Chalet Should See More Wall Street Focus after Recap Plan Approval…
Sport Chalet, Inc. held its annual meeting of shareholders last week, receiving approval for a number of initiatives that will see the company positioned as a more attractive investment opportunity; but, the biggest move was the change to the company’s Ce
Retail Execs See Stronger Near-Term Outlook, But Long-Term Outlook Sinks…
Retail Executives participating in the monthly survey conducted by the National Retail Federation appeared to echo the stronger-than-expected retail sales results for month, but they have also apparently lost faith in the continued resilience of the consu