After years of challenges partially attributed to retailers’ attempts to drive business through promotions, the athletic footwear business appears to be heading back to past levels of energy, sales, and profitability. Gone are the days when BOGO’s and Tw
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Retail Execs’ Mood Rebounds in Feb…
An improving customer traffic picture, along with solid gains in sales and average transactions, appears to be fueling retailers’ ability to keep prices up and limit promotional activity. According to the latest findings of the NRF Executive Opinion Surv
Foot Locker Looking Optimistic as Key Metrics Start to Point to Positive 2005…
Foot Locker, Inc. said that a trend to higher selling prices, access to more marquee product, and a “somewhat lower” promotional posture is fueling a renewed optimism as the retailer moves into its new fiscal year. The improving comp store sales gains fo
Genesco Feels Both Positive and Negative Impact of Expanding Athletic Sales…
Genesco Inc. got another terrific boost from its acquisition of Hat World to post solid gains for the fourth quarter and the year ended January 29. Sales excluding the contribution from Hat World would have increased 7.7% to $272.1 million in the fourth
Is The Climbing Shoe Market Settling Down?
Over the past two years, the climbing shoe market has been in turmoil with falling prices and an unprecedented number of brands setting up shop in North America. Last Year, The B.O.S.S. Report ran a three part series on the initial shake-up (see BOSS_0410
Is Everyone Looking to China?
A recent Boston Globe article highlighted Tubbs Snowshoes and the company’s relocation of its production facilities following K2’s acquisition of Tubbs’ parent company, WinterQuest. K2 also closed the Atlas Snowshoes manufacturing and distribution facilit
K2 Inc. Still Riding Wave of Acquisition Help; Street Disappointed with Q1 Outlook…
K2 Inc. leveraged acquisitions and 9% internal organic growth to post a 74.9% increase in fourth quarter sales to $338.9 million, compared to $193.8 million last year. In spite of the strong growth rate, several analysts downgraded the company’s stock. A
The Sportsman’s Guide Shows Continued Internet Strength…
The Sportsman’s Guide leveraged strong Internet sales and the acquisition of The Golf Warehouse to boost sales in the fourth quarter by 29.0% to $92.5 million from the $71.7 million reported last year. The base business reported sales growth of roughly 10
Chinese Legislature Passes Sustainable Energy Growth Law…
Over the past few years, more production has been shipped to China than ever before in the Bicycle, Outdoor and SnowSports industries. The country offers a seemingly endless workforce, low wages, and a per-item production cost lower than many though possi
Magnum Acquires U.S. Footwear Factory
Magnum USA, a division of Hi-Tec Sports USA has acquired Falcon Shoe Manufacturing Co. and its historic Lewiston, Maine footwear factory. The move all but secures the future of the factory’s current labor force, and has already resulted in the addition o
Arc’Teryx Shuffles Management Deck…
Arc'Teryx has promoted several of its principal employees. Long time designer Tom Fayle has been promoted to Director of Product Design. Janice Larsen has been elevated to Director of Product Engineering. Lance Richardson, formerly the Director of Pr
Shimano Misses 2004 Guidance; Still Posts Record Year…
Shimano finished off fiscal 2004 with a very strong fourth quarter, posting a 16.9% increase in sales to ¥46.6 billion ($441.0 million). In spite of the strong improvements over 2003, the company did not quite reach its full year projections of ¥170 billi
B.O.S.S. Has an Eye on: The University of Maine at Farmington SnowSports Program…
In the late 1970’s, shortly after retiring from his position as the head of SIA, Doc DesRoche sat down with Tom Reynolds, who was the University of Maine at Farmington ski coach at the time. Doc DesRoche was concerned about the talent pool in the ski indu
OR Postpones OutdoorPreview Event…
Shortly before BOSS went to press, Outdoor Retailer announced that the “OutdoorPreview” apparel event, which was scheduled before OR Summer Market in Chicago, has been “postponed until further notice.” In an interview in January (See BOSS_0504), Peter Dev
Wal-Mart Comps Up 4.1% for February
Wal-Mart Stores, Inc. reported same store sales of 4.1% for the entire company, for Wal-Mart, and for Sam's Club for the four-week period ending February 25, 2005. Total company sales were up 10.9% to $22,368 million for February…