Same-store rounds played in the U.S. fell 10.8% in March 2005 vs. March 2004, according to data provided to NGF by golf course operators around the country. The resulting year-to-date figure is 5.2% lower than the same period last year. In the Sunbelt, wh
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Kellwood Names Saunders as New CIO
Michael Saunders has been named chief information officer of Kellwood Company, according to Hal J. Upbin, Kellwood chairman and chief executive officer. Saunders will provide the leadership and direction for Kellwood's information services and techno
Warnaco Income Jumps 45% on 12% Sales Gain
The Warnaco Group, Inc. reported results for the fiscal first quarter ended April 2, 2005, in which Net revenues rose 11.8% to $439.5 million from $393.3 million in the year-ago quarter. Net income saw major gains, jumping 45.1% to $29.4 million compared
April Doesn’t Shower Retailers with Riches, But it Doesn’t Rain on their Parade Either…
Retailers were expected to suffer a great deal in April after the loss of the Easter holiday sales period to the month of March, but the consumer surprised many and kept things moving in April, particularly in the better department store and warehouse clu
Retail Execs Pull Back on Upbeat View…
Retail Executives clearly anticipated a more difficult month in April as a result of the Easter shift, according to the most recent NRF Executive Opinion Survey, a monthly index by the National Retail Federation. After two solid months of upbeat survey r
Big 5 Shakes Off Weather and Lower Margins to Post Solid Q1 Profit Growth…
Big 5 Sporting Goods saw rising distribution costs impact gross margins for the first quarter ended April 3, but was able to muster net income growth for the period that outpaced sales growth by a 2-to-1 margin. The retailer said they were “off to a good
The Sportsman’s Guide Sees Continued Internet Growth in Q1…
The Sportsman's Guide’s recent acquisition of The Golf Warehouse, combined with 12% organic growth, lifted Q1 net sales 44.2% to $64.3 million, compared to $44.6 million reported last year. Internet sales at The Sportsman’s Guide accounted for roughl
Saucony Loses More Momentum; Tries to Balance Price and Performance…
The pendulum is swinging back the other way again at Saucony, Inc. as the mall business that fueled growth over the last couple of years now dries up and the company again refocuses its efforts in running specialty where they have been, at best, stagnant
Collegiate Pacific Fiscal Q3 Net Declines on Higher Interest Expense…
Collegiate Pacific reported that sales for the fiscal third quarter ended March 31 grew 142% to $27.0 million, compared to $11.1 million in the year-ago period. Most of the gain came from the acquisitions made since fiscal Q3 last year. Gross margin dec
Volcom Files Papers for IPO…
Volcom, the ultimate anti-establishment brand, is joining the ranks of corporate America as the latest action sports brand to file papers with the SEC to become a public company. In an S-1 filed last Friday, the company hopes to raise more than $86 milli
Zumiez Opens with a Bang on Wall St…
Zumiez hit the public market on Friday with an $18.00 offering price, a nice bump from initial plans for a $15 to $17 offering. ZUMZ shares opened on the Nasdaq exchange at $20.55 and never looked back, closing the day at $24.87, or an increase of 38.2%
Rebel Sports NZ Q1 Comps Up 9.4%…
Briscoe Group Limited, which includes Briscoes Homeware and Rebel Sport stores in New Zealand, announced that unaudited sales for the three months ended April 30, 2005 were NZ$74.6 million ($53.9 mm) a 10.8% increase over the NZ$67.3 million ($44.8 mm) re
Nike Inc. Confirms Brand Nike Pullout from Sears…
Nike Inc. on Monday confirmed with Sports Executive Weekly that the company would stop selling Nike brand product to Sears this fall. The move isn’t surprising, considering the recent merger between Kmart and Sears that puts former KMRT chairman Eddie La
adidas May Have Lost Biggest Stripe Fight Yet…
A letter sent by the International Olympic Committee to the World Federation of the Sporting Goods Industry reflects a decision by the IOC that company logos on an area larger than 20 square centimeters would not be allowed on apparel at the Olympic Games
LaCrosse Footwear Sees Q1 Sales Fall on Less Military Business…
Lacrosse posted a disappointing first quarter with sales falling 20.3% to $18.9 million compared to $23.7 million last year. The decline was due in large part to weaker military orders. Sales for the first quarter of 2004 included $4.3 million from Genera