The Finish Line, Inc. reported that net sales increased 18% to $361.4 million for fourth quarter ended February 26, 2005 compared to $305.3 million for the year-ago period. Comparable store net sales increased 8% for Q4 on top of a 19% increase reported f
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Russell Signs Agreement With CIAA…
The Russell Corporation has signed an agreement to be the exclusive provider of athletic apparel, team uniforms, balls, and sports equipment to all 12 member schools of the Central Intercollegiate Athletic Association (CIAA), the oldest of the Historicall
Johnson Outdoors to Remain a Public Company
Johnson Outdoors Inc. announced that the company did not receive the supermajority vote of shareholders as required under Wisconsin law for approval at today's special meeting…
Global Multi-Brand Plan Takes Shape at Nike, Inc…
Nike, Inc. saw a number of shifts in its business in the fiscal third quarter as Nike brand apparel reversed the downward trend seen in the second quarter in the U.S. and footwear sales got a bigger boost from unit sales growth even as average selling pri
Starter Upgrades Footwear Offering at Wal-Mart…
Nike, Inc. is testing the waters in the mass channel as its Exeter Brands Group rolls out new Starter performance footwear at 400 Wal-Mart Stores this week. The new Starter Pro men’s line, consisting of running, basketball and trail running footwear, and
Yue Yuen Sees ASP Up, GM Still Suffers…
Yue Yuen Industrial Holdings Ltd, one of the world’s largest manufacturers of athletic footwear, saw an increase in average selling prices help drive total revenues up 15.8% to $746.4 million for the fiscal first quarter ended December 31, compared to $64
Reebok Team Uniforms Shuts its Doors…
Fab-Knit Ltd., which is doing business as Reebok Team Uniforms, abruptly shut its doors last week and laid off the majority of its employees. The move by the company, which filed for Chapter 11 bankruptcy protection in January (SEW_0505), is curious sinc
Golf Rounds Down Nationally, Up in Dry Winter Regions…
The National Golf Federation released its report on golf rounds played in the month of January this week, finding that the number of rounds played had dropped 4.0% against January 2004. The NGF attributed the drop to heavy rains, flooding and mudslides in
DSW to Offer Shares, But Can’t Keep RVI from a Tough Quarter and Year…
DSW, Designer Shoe Warehouse, Inc., wholly-owned subsidiary of Retail Ventures, Inc., will pursue an initial public offering, which it expects to complete in the first half of 2005. Despite DSW being strong enough to warrant an IPO, the subsidiary was no
LaCrosse Chairman Dies at Age 82…
George W. Schneider, 82, LaCrosse Footwear's chairman of the board for 23 years, passed away on Friday, March 18, after a brief illness. Mr. Schneider is survived by his loving wife of 57 years, Virgina (Ginnie), their 11 children, and 24 grandchildr
Strong Q4 Keeps Shoe Pavilion Back in Black for the Year…
A strong fourth quarter helped Shoe Pavilion, Inc. into the black for the fiscal year, a turnaround from the red ink flowing the year before. Net sales increased 11.5% to $24.8 million for the fourth quarter ended January 1, 2005, compared to net sales o
G-III Repositioned for Renewed Apparel Growth…
G-III Apparel Group dropped $40 million in revenue in its sports licensed end of their business in fiscal 2005, a decline that pushed total sales down 4.8% for the year to $214.3 million, compared to $225.1 million in the prior year. Excluding the elimin
China Increases U.S. Import Share, But Loses Ground in Footwear…
Sporting goods imports into the U.S. surpassed the $10 billion milestone for the first time in 2004 with a 7.5% increase in declared value to $10.43 billion. SGMA International reported these numbers by analyzing U.S. Commerce Department data for athletic
Valentine’s Day and Super Bowl Drive February Sales Gains…
A U.S. Commerce Department report of February retail sales in the GAFS category, which includes most general merchandise categories, jumped 4.4% over the previous year. This increase comes on top of a 10.6% increase in February of 2004. Sales in the Spor
SEW Goes One-On-One with… Exeter Brands’ Mary Gleason
Mary Gleason is president of Exeter Brands Group, a subsidiary of Nike, Inc. Prior to joining Exeter, Ms. Gleason served as president and CO of Group 3 Design, a full-service brand management company credited with reviving the Starter brands and building
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