During the six months ended June 30, 2005, Mainland Headwear recorded a turnover of HK$233,746,000 ($30.0mm), representing a decrease of 12.4% when compared with the corresponding period last year. Profit attributable to shareholders was HK$35,967,000 ($4
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Play It Again Parent Names VP of HR
Winmark Corporation, parent company to Play It Again Sports announced the appointment of Leah A. Goff to the position of vice president of human resources. Goff joined Winmark in 1995 and assumed full responsibility for Human
Resources in 1997…
Sports Authority Promotes Campisi to President
The Sports Authority, Inc. announced that it had promoted David Campisi to president of the company. Campisi joined Sports Authority in November 2004 as the president of merchandising. In his new position he will continue to be responsible for all merchan
Busy ASR Shows Strength of Action Sports Market
The Action Sports Retailer Show in San Diego wrapped up with exhausted retailers smiling as they headed back to stores around the world. With organizers predicting a 10% increase in retail attendance and placing 200 additional booths compared to September
Matix Clothing Names New Skate Team Manager
Matix Clothing introduced newest member of the Podium family, Tony Evjenth. Tony will be handling the Matix skate program as skate team manager…
G-III Appoints CFO, Adds to Board
G-III Apparel Group, Ltd. announced that it had promoted Neal Nackman to the position of CFO and elected Laura Pomerantz to its board of directors. Nackman has been the company's vice president, finance since joining G-III in December 2003. Pomerantz
NRF: August Sales Up 7.9% Over Year-Ago
According to NRF, retail industry sales for August (which exclude automobiles, gas stations, and restaurants) rose a strong 7.9% unadjusted over last year and increased 0.5% seasonally adjusted from July. The gains, compared to a relatively weak August la
Softgoods Vendors See Profit Growth Slow in Q2…
Acquisitions played less of a role in the sales and earnings growth in the second quarter as a number of Sporting Goods companies focus on integrating their acquisitions to position themselves for improved operating upside down the road. There is also so
Quiksilver Sees Mixed Results in Fiscal Q3; Will Move Rossignol to Park City…
Quiksilver reported a very solid fiscal third quarter with sales climbing in the low double digits and income outpacing sales by more than a two to one margin. The company stated that its back to school business has been solid in its core market and doing
Cutter and Buck Takes Hit in Fiscal Q1 on “Stale” Product Line…
Cutter & Buck still sees the current fiscal year as a transitional one as they work to reverse a downward trend in the business through investments in marketing, product, IT, and “improving the price-value relationship” of its products. But the biggest is
G-III Shows Bottom Line Improvement in Second Quarter…
G-III’s recent acquisition of Marvin Richards and Winlit helped to boost both the top and bottom line during the second quarter. Apart from the contributions from acquisitions, the increase in net sales was said to be driven by stronger men’s and women’s
Collegiate Pacific Bottom Line Suffers in Q4; Will Merge with Sport Supply…
While the added sales volume of recently acquired businesses helped the bottom line at Collegiate Pacific for much of the year, the seasonality of many came home to roost in the company’s fiscal fourth quarter ended June 30. Even though sales increased b
Big 5 Files 2004 Annual Report; Potential Nasdaq De-Listing Delayed…
Big 5 Sporting Goods will keep its listing on the Nasdaq exchange after the company filed its 2004 annual report with the SEC last week. The retailer had been in danger of de-listing after missing an August 31 deadline extension. Big 5 had requested ano
Umbro Swings to H1 Profit, But Operating Income Slides on Licensed Decline…
Umbro plc did not have a major event in the first half of the fiscal year to enable the company to anniversary strong licensed apparel sales attributed to the Euro 2004 Championships last year, but the company didn’t have to pay out a £26.8 million in div
NGF:Golf Rounds Played Slip in July…
The National Golf Federation reported that same-store rounds played in the U.S. decreased slightly (-0.3%) in July 2005 vs. July 2004. The estimate is based on data from operators at 1,819 golf facilities. The resulting year-to-date total through July is