Rebel Sports, Australia’s largest sporting goods chain, reported that fiscal 2004/05 first half sales increased 4.4% to AU$162.0 million ($118.9 mm). The company said that the rugby world cup, which occurred during the first half of fiscal 2003-04, booste
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Wolverine Posts Balanced 2004 Results; Merrell Backlog Jumps on Continuum Gains…
Wolverine World Wide, Inc. played up the World Wide in its name in both the fourth quarter and the year as the International business increased to 27% of consolidated sales, compared to 25% of sales in the prior year, and pre-tax earnings for the Internat
Huffy Sees the Other Legal Shoe Drop Over Gen-X Issues…
The class action bandwagon against Huffy Corp. is getting full after an initial class action suit was filed last wee alleging that Don Graber, Timothy Howard, Robert Lafferty and Paul D'Aloia, all current or former Huffy officers and directors, fail
Gander Sees Class Action Suits Filed Over ‘Materially False’ Information…
Several law firms that specialize in class action suits have piled onto the initial shareholder class action lawsuit against Gander Mountain, claiming certain officers and directors within the company had prior knowledge about factors that devalued GMTN s
China Partners with Six Golf Vendors in Counterfeit Raids…
Six U.S. golf manufacturers, including Acushnet, Callaway, Cleveland, Ping, Nike, and TaylorMade-adidas, struck a blow against counterfeiters in the Southern Chinese cities of Dongguan, Changan, and Guangzhou…
Greg Norman Posts Double-Digit Core Golf Sales Growth…
Greg Norman Collection announced Core Golf sales increases of 19% with operating profits up over last year as well. Additionally, Q4 Core Golf sales jumped 22%, marking the 8th consecutive quarter of double-digit sales growth in the Green Grass segment. C
Nautilus Moves in Right Direction in Q4…
Nautilus finished off its “turnaround” year with a 51.1% jump in Q4 earnings, from $9.4 million, or 28 cents per share in 2003 to $14.2 million, or 42 cents per diluted share in the most recent quarter. These earnings were driven by an 11.0% increase in f
Gildan Beats Q1 Guidance; Moves Yarn Facility to NC…
Gildan Activewear is closing its Long Sault, Ontario and Montreal, Quebec yarn-spinning facilities. The majority of the equipment will be transferred to a new leased yarn-spinning facility in Clarkton, North Carolina, which will be operated by the company
ASG Off the Block; Turner May Re-Focus on Building Brands…
The deal to sell American Sporting Goods was evidently in the eleventh hour when the company called pulled off the auction block. The official line was that Jerry Turner made the decision to pull ASG off the table, but there is also some speculation that
Retail Execs Take Cautious Approach to Year Ahead…
Despite a stronger-than-expected holiday selling season, U.S. retail executives are looking at the broader picture for the coming year and appear to be approaching 2005 with a bit of caution. According to the latest findings of the NRF Executive Opinion
Cove Officially President and CEO of SGMA…
Tom Cove has officially assumed the role of President and CEO of SGMA International, following the retirement of past president John Riddle. Cove is expected to bring about a transformation of the 99-year old organization and its role as the voice of the
Keys Acquires ICON’s Image Spa
Keys Fitness Products has finalized an agreement with ICON Health & Fitness to acquire that company’s Image Spa division, the nation’s 3rd largest manufacturer of self-contained home spas and related accessories. The agreement increases the gross annual
Pearl Izumi’s Syncro Float Receives “Best Debut” Award…
Runner’s World has presented the Pearl Izumi syncro Float with the “Best Debut” award in their annual spring Shoe Review. The award will be announced in the March issue of Runner’s World, which hits news stands February 1st…
Tail, Inc. Hires New Golf Reps…
Tail, Inc. hired Maggie Cameron, Cary Gordon, Jeff Schroeder, and Trevor Wheeler as new golf sales representatives…
Mizuno’s Wave Inspire Wins Best Debut Award…
Mizuno USA was awarded the inaugural “Best Update” award from Runner’s World magazine for the new Wave® Inspire™ running shoe. The innovative running shoe was awarded the “Best Debut” honor for the best new shoe being released to market in the near futur