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
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
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
Keys to Rebrand as Ironman Fitness
Keys Fitness Products will rebrand its line of 120 personal health and fitness accessories under the company’s Ironman Fitness umbrella of products. In the summer of 2005, those products currently marketed under the Keys Fitness name will be re-introduce
Dana Designs Chooses Centerstone For Online Sales Management
CenterStone Technologies, Inc, announced the availability of the Dana Design brand on the company’s online sales order management software application. Alison Smith, Director of Operations at Marmot had the following comments about the launch of Dana Desi
Canoecopia Event Marks Opening of Paddling Season…
For three days in March, Madison, Wisconsin is the center of the universe for paddling enthusiasts. Since 1981, the Rutabaga Paddle Shop has hosted an event called Canoecopia. Billed as the ‘World’s Largest Paddlesports Expo,” the event marks the beginnin
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
China Grows Bicycle Factory Capacity…
The China Economic News Service is reporting that all three of Taiwan’s largest bicycle manufacturers are planning on expanding their production capacity in mainland China in 2005. Giant, Merida, and Ideal Bike Corp. all recorded record years for sales a
Looking for a Chair as the Music Stops…
Several Specialty Outdoor brands played a game of musical chairs last week with a number of top executive moves to bolster their teams. It seems that Yakima, Thule, Kelty, Mountainsmith, and Lowe Alpine have all been switching employees in one form or an
Angel Martinez Finds a New Seat Close to Home…
Perhaps the most notable executive move last week involved the news that Angel Martinez, who has been CEO of Keen Footwear since the brand launched in 2003, will be vacating his position at Keen for the CEO position at Deckers, Inc…
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.
The New Green Fiscal Conservative: An Industry Perspective
A recent article in The Economist notes that conservatives view environmental issues in much the same way liberals view defense issues, they’re just not comfortable with them. While there are a growing number of environmental conservatives, this attitude
Obituary: George W. Schneider, 82
George W. Schneider, LaCrosse Footwear's chairman of the board for 23 years, passed away on Friday, March 18, after a brief illness. He was 82 years old…
SIA Correction
SnowSports Industries America informed SEW last week that Leisure Trends Group discovered an error in their programming that caused discrepancies in the most recent SIA Retail Audit numbers.
Total industry sales at retail did not grow 2.8% so far this sea
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