Skechers Q1 Sales Rise 11.2%; Earnings Jump 47%

Skechers USA, Inc. announced financial results for the first quarter ended March 31, 2005. Net sales for the first quarter of 2005 rose 11.2% to $246.2 million compared to $221.5 million in the first quarter of 2004. Net earnings for the quarter were $10.

Nike Sues adidas in U.S. Court over Stripe Fight…

Nike, Inc., fresh off a ten year battle in Spain that gave them rights to their brand name there, has decided to challenge their top global competition’s recent victories over any company using stripes as decoration on apparel. It will be the Swoosh ver

Schutt Sports Gets Capital Infusion for Growth…

Schutt Sports got a shot in the arm last week as private equity firm Gridiron Capital LLC took a majority stake in the team sports company. There are no changes planned for the company and Julie Nimmons will remain at the helm of Schutt…

Golfsmith Expanding Tennis Specialty Format…

Golfsmith International Holdings, Inc. has revamped its positioning strategy to add tennis centers in up to 60% of its stores in major tennis markets by summer 2005. The retailer, which currently operates 46 superstores, recently began operating tennis c

Oakley Starts the Year Off Right…

Oakley seems to be adjusting to the sunglass market’s move to more fashion-oriented eyewear while at the same time boosting the bottom line through its multi-channel distribution strategy. While most production issues with Oakley sunglasses seem to have b