Wolverine World Wide, Inc. got fairly balanced performances from each of their divisions in the first quarter ended March 26, with all groups reporting “solid” revenue growth and double-digit earnings gains for the period, but the Outdoor Group, which inc
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Itochu Backs Sims for the Long-Haul…
Sims snowboards is trying to alleviate any confusion and quell rumors surrounding the company’s staying-power. Apparently, the company was receiving reports from their sales reps that retailers were concerned about Sims’ new parent company, Itochu Intern
OR Summer Market Open Air Demo Changes Venue…
The Open Air Demo event that kicks off Outdoor Retailer Summer Market 2005 will be held at a new and much larger location: Willard Bay State Park. Located fifteen miles north of Ogden, Utah, Willard Bay offers 9,900 acres of fresh water for paddling, swim
Lafuma Sees Success on Both Sides of the Pond…
The Lafuma Group is showing some positive results for its fiscal first half-year with a 7.0% increase in total sales to €87.3 million ($113.9 mm), compared to €81.6 million ($98.2 mm) last year. International sales within the group are showing similar res
K2 Takes Q1 Hit on Higher Operating Expenses; In-Line Weakness Hurts Growth…
K2’s diversification seems to be paying off by balancing the seasonality of the different businesses and compensating for any unseasonable weather-related issues that have been plaguing many other manufacturers. Still, the balance didn’t help the bottom l
Timberland Posts Solid Q1, But Sees Slower U.S. Boot Business in Q2 and Q3…
The Timberland Company saw a further shift of its business to the International side of the scale in the first quarter as both reported and constant dollar sales outpaced the domestic gains. The company did get a lift in late season boot sales in the Nor
OIA Follows-Up on Capital Hill…
Outdoor Industry Association’s efforts on Capital Hill last week are producing some tangible results with two separate “dear colleague” letters circulating through the House and Senate urging members of Congress to restore funding to the Stateside Land an
America Bikes is Making Headway with Congress…
America Bikes sent out a legislative update pointing to several key victories. First, the House TEA-LU bill passed on March 10th. TEA-LU includes many key elements of the America Bikes agenda, such as funding for the Recreational Trails program and a new,
Zumiez Prices IPO; Shareholders Will Get 35% of Proceeds…
Zumiez, the 140-door action sports retailer that is gearing up for an Initial Public Offering, filed an amended S-1 with the SEC on Thursday pricing 1.875 million shares in the $15 to $17 per share range. At that range, the IPO would raise between $28.1
LaSportiva Diversifies with Trail Running
According to a recent report by the Leisure Trends Group, La Sportiva, with roughly 45% YTD growth in the category, leads the list of fastest growing Trail Running shoes sold in Outdoor Chain Stores, and similar results in Specialty Outdoor shops…
Sportsman’s Guide Raises Guidance on Strong Internet Sales
The Sportsman's Guide raised its guidance this week and net sales and fully diluted EPS will be higher than current average estimates and well above the levels reported one year ago. Net sales for the quarter are now expected to be in range of $63 to
New Balance 754 Receives Editor’s Choice from Runner’s World
New Balance Athletic Shoe, Inc. announced that Runner’s World magazine has named the New Balance 754 running shoe an “Editor’s Choice” award winner in its Summer 2005 Shoe Buyer’s Guide (June 2005). “Recommended for runners with normal arches who want a n
Shadow Representative Manager — Saucony
The Shadow Manager will lead the attack in building brand awareness at a grass roots level. The right candidate will lead a small force of Saucony Shadows and also become engaged as the “face of Saucony” in the retail environment serving. The Shad
MC Sports Recognizes Vendors and Reps of the Year
At a recent Training Exp, MC Sports recognized their 2004 Equipment, Apparel, and Footwear Vendors and Reps of the Year. Easton Sports was selected as the Equipment Vendor of the Year and Tom Kaponowski of Wilson Team Sports was selected as the Equipment
Everlast Enters Licensing Agreement With Globus Trading
Everlast Worldwide Inc. announced that it entered into an extensive licensing agreement with Globus Trading Group GmbH, based in Nuremberg, Germany. The new Everlast products produced by Globus Trading Group GmbH will be ready for shipment late in the thi
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