According to a recent report released by the SGMA that was based on U.S. Department of Commerce data, U.S. exports of Sporting Goods and Athletic Footwear are on the rise. The category saw a 5.6% dollar gain, which comes on the heels of a gain of 9.7% in
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Fab-Knit BK May Convert to Chapter 7…
Last week, Sports Executive Weekly (SEW_0512)reported that Fab-Knit Ltd., which is doing business as Reebok Team Uniforms, had shut its doors despite receiving approval for DIP financing in its Chapter 11 bankruptcy case (SEW_0512). According to more rec
VF Corp. Expands Outdoor Coalition with Another Action Sports Acquisition…
VF Corp., parent to The North Face, Jansport, Vans, and Eastpak brands, among others, has signed a definitive agreement to acquire Reef Holdings Corporation. Reef is currently owned by an investor group led by majority shareholder Swander Pace Capital.
Quiksilver Sees Apparel Opportunity in Rossignol Acquisition…
Quiksilver is the latest company to see value in bringing a venerable European snow sports company into their growing stable of brands as the company last week announced that it would acquire the Rossignol Group in a deal worth approximately $320 million
Johnson Outdoors will Remain Public…
After over a year of negotiations and analysis, shareholders have decided that Johnson Outdoors will remain a publicly traded company. JOUT last week held a vote at a special meeting of shareholders, looking for a two-thirds vote of the minority sharehol
Forzani Reports Audited Results for Q4 and Year…
After alerting the market in February about its slow fourth quarter (see BOSS_0509), Forzani Group last week reported its audited financial results for Q4 and fiscal 2004, revealing that the recent clarification by the SEC regarding lease accounting pract
B.O.S.S. Goes One-On-One with… REI’s Sally Jewell
Each month, The B.O.S.S. Report goes One-On-One with a key executive that is seen as a driving force for the future on the sporting goods, athletic footwear and/or athletic apparel markets.
This month we sat down with Sally Jewell, soon to be CEO of
Dick’s Sporting Goods Issues Apology for Canoecopia Concerns…
Dick's Sporting Goods has issued a letter of apology to the organizers of the recent Canoecopia event in Minnesota (BOSS_0512) after flyers advertising “Dick’s Sporting Goods Store Closing” were distributed at the event. BOSS received a copy of the
Thule Acquires Trailer Manufacturer…
Thule has acquired the Swedish trailer manufacturer Star Industrier AB, Bromölla. The company will be consolidated into the Thule Group under the Trailers division, which has annual net sales of SEK 550 million ($75.0 mm) making up 20% of the Thule Group
Fischer Moves to A New Office
Fischer Sports has completed its move to a new office in Auburn, NH. The new building is twice the size of their old office in Concord with 7960 sq. ft. of office space and 23520 sq. ft. of warehouse space. Fischer managed to move into the new place and
Genesco Will Restate Earnings Based on Review of Accounting
Genesco Inc. announced that upon completion of its review of its accounting for retail store leases, it expects to revise previously reported fourth quarter and fiscal 2005 results and to issue restated consolidated financial statements for the fiscal yea
Schutt Sports Launches a New Website
Schutt Sports, the 2004 Sporting Goods Business Equipment Supplier of the Year, is introducing a new look to their website, www.schuttsports.com. The new website is aimed at giving customers easier navigation, more detailed product information, and a gre
Nordica Creates New Marketing Team
Nordica announced a new marketing team with Andy Hare as the product marketing manager, Willy Booker as the ski product and promotions manager, Wendy Reger as the marketing communications manager and Matthew Knittle as the Race Sales and Service Manager..
TKO Appoints Wayne Righter to President of Sales — BONGO Jeans
TKO Apparel Inc., announced the appointment of Wayne Righter as president of sales for BONGO(R) Jeans. Mr. Righter brings with him over ten years of experience in Womenswear, Menswear and Junior denim divisions. Mr. Righter joins the company from Tommy H
Mossimo Q4 Earnings Down 9.2% on 6.6% Sales Gain
Mossimo, Inc. reported fourth quarter 2004 net revenues of $3.2 million compared to $3.0 million for the same period last year. The company reported fourth quarter net earnings of $629,000 compared to net earnings of $693,000 for the same period last year