Reebok International Ltd. held its annual Investor Day event at corporate headquarters in Canton, Mass. last week, unveiling a number of new initiatives and introducing a number of new players that are expected help the company achieve its goals. Company
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Merrell Inks Footwear Licensing Deal with Patagonia…
Patagonia and Wolverine World Wide have inked a licensing agreement under which WWW’s Merrell brand will design, manufacture, and market under the Patagonia name with rights to Water Girl and Lotus Designs. The first product line is expected at retail in
Forzani Takes Measures to Update Product, Presentation, and Promotions…
The Forzani Group Ltd. last week offered much more visibility to their business as management worked to provide a broader view of the opportunities for Canada’s largest sporting goods retailer on the heels of disappointing Q! results. The retailer offere
Lotto Italia Stumbles at Home…
Worldwide sales of Lotto brand products ended fiscal 2004 at €256 million ($318.4 mm), up slightly from sales of €255 million ($336.8 mm) posted in 2003. Regionally, Germany saw sales grow 21% to €8.2 million from €6.7 million last year; Greece saw sale
Quiksilver Sees Broader Mission in Rossignol Deal and New Retail Format…
Quiksilver, Inc. management feels they have achieved the goals they set for the integration of DC Shoes as they start to realize some benefits in the footwear business and start to turn their attention to injecting some Quik magic into the DC sportswear b
DSW Q1 Results Keep IPO Prospects on Track…
DSW Shoe Warehouse posted strong sales increases for both total sales and comps in the first quarter, keeping the prospects for a successful IPO spin-off alive despite problems with credit theft and a related lawsuit. The family footwear division of Reta
Antigua Net Soars in First Quarter…
Antigua Enterprises Inc. posted strong growth across the income statement for the first quarter ended March 31, 2005. Sales for the company rose 6.6% to $9.4 million from $8.8 million for the same period of 2004. Gross margin as a percentage of sales incr
G-III Narrows Fiscal Q1 Loss…
G-III Apparel Group, Ltd. reported net sales of $13.8 million for the first quarter ended April 30, a 16.4% drop from $16.5 million for the same period last year. Gross margin fell 390 basis points to 6.6% of sales, from 10.5% in the prior year’s quarter.
Golf Rounds Decline Moderates, But…
Golf rounds played in the U.S. dipped 0.7% in April 2005 vs. April 2004, according to data provided to NGF by golf course operators around the country. The resulting year-to-date figure is 3.2% lower than the same period last year.
The Northwest region
Quik Opens Flagship Boardrides Club in Anglet, France
Quiksilver, Inc. announced its new Quiksilver Boardriders Club in Anglet, France, which represents an innovative, all-inclusive retail experience; the flagship location will showcase Quiksilver's authenticity, interactivity and originality. The grand
Lafferty Leaving Huffy; Lipton to be New CFO
Huffy Corp. filed a form 8-K with the SEC stating that vice president, finance, chief financial officer and treasurer, Robert W. Lafferty will be leaving the company on August 31, 2005. Steven Lipton, currently senior vice president and controller, while
Yue Yuen Reports 17.4% Revenue Increase for H1
Yue Yuen Industrial Limited announced its unaudited consolidated results for the half year ended March 31, 2005. Turnover rose year-on-year by 17.4% to $1,477.9 million and net profit fell year-on-year by 3.8% to $152.3 million for the six month period. E
Outdoor Research Hires New Director of Gov’t Programs
Outdoor Research announced the hiring of Mike Christian as the director of government programs. With extensive experience in government contracts and a graduate of both the US Naval Academy and the US Naval Post Graduate School, Mike will be dealing direc
Chick’s Sporting Goods to Partner with G.I. Joes
Nogales Investors Fund I, LP recently completed a $4.0 million investment in Chick's Sporting Goods and plans to use its minority stake in the Southern California sporting goods retailer to form a synergistic retail partnership with G.I. Joes, the Wi
Retailer Feedback Varies on Impact of Continued Paddlesports Consolidation…
Darren Bush, co-owner of Rutabaga in Madison, Wisc. recalls a time when most paddlesports companies were independent. “People started businesses in their garages, grew them and said, “now what do I do? There was certainly talent, but they weren’t big enou
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